Bearish consolidation. Bearish pattern of the Gartley pattern. Bearish MACD and quite bought RSI. *Disclaimer: this is for educational purposes only*
Been in a downtrend for a while, it is time for a reversal. The RSI is not the only thing that foresees that change in the trend. See what happens. I am long. *Disclaimer: this is for educational purposes only*
The precious metal previously broke a flag which led to a continuation downtrend. Now, it is on a retrace level and should go for a further slump, probably to the support line. *Disclaimer: this is for educational purposes only*
On daily chart, the pair is into a strong divergence with the RSI and the MACD is about to raise from the bottom place it is now. Not so exhausted, the movement will be slowed down a little bit by the fear and resistance line. Even so, after testing a support or two the price will confidently head for the first strong resistance. On 4h chart, the RSI is already...
Continuation patter. Weak MACD and about .50 RSI *Disclaimer: this is for educational purposes only*
The pair is into the formation of a descending Elliott wave and here we have a good option to enter the correction. We have kind of a triple top and now the price is on the "support" line ready do go down. The RSI and MACD indicators are moderate which is a sign for a weak market - that is often regarded to bearish market. *Disclaimer: this is for educational...
The pair bounces from a very strong support line and both RSI and MACD indicators are into bullish consolidations. The previous falling hammer foresees an upside move and so was the one today. It is a clear bull and only massive economic obstacles may push the price lower. *Disclaimer: this is for educational purposes only*
The price just broke out the resistance line and headed up. Not, I expect to see 1 to 3 candles of little retrace or just a plateau and then a solid upside move. The fear of rising will slow down the market before the big soar. The RSI and MACD are obviously bullish but it usually shows previous move and in the peak of its bullishness the price slows down. Though,...
The 1H chart provides quite a lot of quality information for its further moves. The price is currently into a triangle and hovers from support to resistance. Even so, that is not going to happen forever. Currently, we have a good time to enter a short position - the RSI and MACD are showing off bearish attitudes while the price was bullish up to a few hundred...
The coin just bounces off from the Gann Fan's level and should head for its neighbor. The RSI is oversold which has not happened lately and reassures the even slight upside trend. According to the RSI, the MACD has its averages in bullish consolidation for 2nd time, recently. And in retrospect, the first time it gave the trend the strength to go upwards. Last but...
Technically things seem different and quite clean. 2 upside trends - long- and short-term as the price is just breaking the short one. The price currently ranges the support and resistance line drawn and hovers around to form a bottom which might be used as a wave end of Elliott waves. The Gann fan seems somewhat false or useless because of the price's monotony....
As previously charted, the pair is into the Elliott waves and it should go down for its 4th wave. The strong support line usually "calls" the price but much more often the trend goes more aggressive. We can measure this by the Gann Fan and find out whether it is accelerating or not. Anyways, the RSI and MACD are quite bearish which, in an uptrend is a sign for a...
Kind of a channel or a flag is in a strong divergence with both RSI and MACD. The indicators foresee a bullish market while the price is still going down. Not for long, though. What is more, the price is nearing the EMA which signals a lowering volume and measures the trend's strength - in this case it weakens. We also have 3 major resistance levels which we will...
The pair is into divergence with the RSI(14) and around a reliable support line. The EMAs are still neutral but that is, in fact, typical for trend reversals. In this case, we have a very good risk/reward ratio. If someone waits for a couple of hours he might find a better price to enter the upside move. If I wait for the price to fall of about 1/4 to 1/3 of the...
Last days waiting for buy. Who else will be buying at 6k? If it breaks down, is $4966 the next big dip? *Disclaimer: this is for educational purposes only*
The symmetrical triangle is a typical trend continuation pattern but right this time the RSI, volume and EMAs do not support its usual function. The RISK/REWARD ratio is fairly good but it is quite unlikely to see a downtrend, though. *Disclaimer: this is for educational purposes only*
Not the most beautiful HS pattern but still recognizing and reliable one, as long as the RSI and volume are strongly decreasing. The divergence on daily chart is strong enough to rely on it. The RISK/REWARD ratio is pretty much great and should not be missed. *Disclaimer: this is for educational purposes only*
Falling channel and divergence with the RSI on Daily chart is a typical sign for a bullish market. There is also a great RISK/REWARD ratio. The RSI was oversold and now is gradually raising while the price keeps falling down. The RSI's upside wedge is a great sign but we can wait for the chart to hit the supporting line and then execute a buy...