As you see in the 1H chart of AUDCHF, we are in a downtrend and the bearish flag pattern has been broken out to the downside. Currently, price has approached to the support level and has stopped falling. MACD shows a positive regular divergence: although price has made a lower low, MACD has made a higher low which means we can expect a rise in price for now. If...
Bullish divergence appearing on the 12h chart. A near-term bottom is likely in.
BTC/USD SHORT ENTRY: 34,789.5 STOP: 35380.0 Here are my reasons for entering a short position on BTC/USD. The confluences for my entry: ✓ Strong overall downtrend ✓ Rejection of major key level ✓ Rejection of 200EMA (1HR) ✓ Shooting star reversal candle printed ✓ Massive spike in volume ✓ 2x Strikes of bearish divergence on lower timeframes ✓ Stochastics...
BTC/USD LONG ENTRY: 34,089.5 STOP: 33,680.5 TP: ~35,500.0 (targeting the 0.5 - 0.618 retracement region before looking to short back down) Here are my reasons for entering a long position on BTC/USD. The confluences for my entry: ✓ Lower high confirmed with CT RSI (1HR) ✓ 55EMA held as support (1HR) ✓ Rising buy pressure on the RSI into the bullish control zone...
From the 4H cloud chart shows that the big market is about to start, and the price remains above the 4H 126 EMA moving average. I expect that there is limited room for further downward trend. It won't take long. It's expected to test 1920 and 1960 respectively by the end of the month.
Trend: Bullish Structure: Trend lime / horizontal resistance Plan: We have seen price respect the lower trend line, now a long opportunity presents itself with TP at horizontal resistance. We observe higher highs and higher lows, confirmation of a bullish trend.
ETH/USD SHORT ENTRY: 2,424.00 STOP: 2,483.00 Here are my reasons for entering a short position on ETH/USD. The confluences for my entry: ✓ Strong downtrend ✓ Price action formed a double top > followed by a lower higher ✓ Lower high was printed on a reversal candle on a key level ✓ Price action took out the lows of the previous candle ✓ RSI moved over the EMA...
Not convinced this is the bottom. Not by a long shot. Looks like a major trap. Would still NOT go long on BTC. RSI looks to have bounced off resistance. Could come down and test the bottom again and maybe move around within this wedge. Any big movement up in price action is going to be a trap IMO. Would consider shorts if it approaches the resistance line on...
The 4H cloud chart shows that GBPUSD is about to make a big market. The long shadow of the price at EMA 126 in 4H shows that the upward trend is established. So the big market is the rising direction.The target is set at pivot point R1 in the month.
4h small cross, in the black box may show stop. The 4H cloud belt also shows that there will be a big market in the future, and the current price will soon stand on the 4H EMA 126. After confirmation, the minimum rise is 1.618 of the red slash.
Lean hog prices have continued to surge higher. However, will negative divergences in the Relative Strength Index and MACD oscillators threaten the runaway rally? If not, the 361.8% Fibonacci extension may serve as the next technical barrier before targeting all-time highs.
As another request, I’ll analyze MTNB today! This time for @D0981237654! The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI. In the weekly chart we are above an interesting support level. If I had to do anything here, I...
Bullish clues: - Selling volumes were decreasing - Price reached support zone at 13.115 USD (demand zone) - Price crosses upward the 20 exponential moving average - Price crosses upward the bearish oblique resistance (end of the falling wedge) - RSI crossed the 50 level The price of US Rice could reach the strong resistance at 13.455 USD, which is exactly the...
Bullish clues: - Price broke upward the bearish oblique support - Price broke upward the 50 exponential moving average - Bullish divergence on the Relative Strength Index (RSI) and RSI > 50 despite the strong decrease since March 2020 - Price reached a strong monthly support at 1.20000/1.20500 USD/CAD could now make a pullback on the bearish oblique support...
usd jpy Short CCI And RSI Divergent HD- price under the EMA200 imbalnce S-D Zone And Regect Price to impact This zone 2x Top in H4 And Daily
I took a long entry at 266. Everything explained in the chart. Cheers :D
Hello everyone, here is my finding of dogeusdt triangle and RSI divergence on 1-day timeframe. let me know what you think about it. Thanks