Quick BTC/USD analysis of the last few Months: Looking at the Price and the Relative Strength Index (RSI) Convergence/Divergence: From Tuesday 13th Sept 22 until Saturday 5th Nov 2022 we had Convergence with the Price and RSI which indicated a reversal was most likely on its way. Price = HH - LH (Higher High - Lower High) RSI = HH - HH (Higher High - Higher...
Bullish Gartley followed with type 2 return on bullish divergence daily Easy 2x from current prices
according to daily rsi and emerging CRAB pattern, there is a high probability of MTR. SL= 48500 ENTRY=44500 TP1=42500 TP2=40800 TP3=39000
Some conflicting pieces of information here from my point of view. On the Long-side: 1. Ascending Triangle (Purple Box & Hashed line) - often considered a bullish pattern 2. Convergence of 20 & 50 ema (Orange + Purple) - watching for a cross as a bullish signal 3. Strong fundamentals and DCF indicating an under valuation On the Short-side: 1. Bearish convergence...
BEARISH INDICATIONS 1. Bearish ABCD pattern complete 2. Shows Divergence at RSI 3. Reversal after ABCD completion 4. Wait for further confirmation and then go for Short Option BIASED: Short Please support the idea by liking and following my account for more updates. Thank you :)
there seems to be a big divergence in bitcoin chart both in MACD and RSI. seems it goes down idk might be wrong also the trading volume doesn't seem good...
Possibility to gain again? It looks like it want to crawl up on a support line (green). I've packed bags here a little. Indicators are almost reversed to bullish. But it still can go lower if it breaks the support line. Remember to have a stop loss below the support line. There is a big gap below 5.60. There also could happen a bear trap, quick fall and then...
Uxin is fighting on the channel pretty long time. Today is the date of report earnings. What will happen? Technicals look like any catalyst can push this at least to 1.50.. After that... who knows? China economics is looking good while comparing to the rest of the world during the pandemic. Electric cars are booming in China. Uxin, as a used-car retailer, can...
dxy on the daily time frame has bearish divergance on the rsi and the mac d
This company is going to be huge. Fundamentally : It's already passing the Phase 3 ARIEL4 study. Revenue has been beaten in last quarter report. (although there was a small overestimate for the profit(loss) per share) The MACD indicator is bouncing back (also the price is pushing through the Moving Averages). Price is now in the channel (2 thick red dot...
On this chart which is a bit of a mess i identified a butterfly pattern and with then Fib levels that are circled, there was support at this level on the red support box that goes backwards to sit in additional price that has respected this level there is also bullish divergence on the RSI indicator signaling that this market is about the reverse to the upside,...
Divergence R3 1.2224 R2 1.2190 R1 1.2163 PP 1.2129 S1 1.2101 S2 1.2067 S3 1.2039
It also has divergence and most indicators confirm that :)
1.Inverted Head and Shoulders forming. waiting for neckline to be broken. 4HR 2. There was divergence indicating that the price was going up. 1HR 3. Has hit major support on D chart and should be rising up to trend resistance. BE PATIENT! I have a alarm halfway to my entry to let me know price is almost at my entry and then will place my buy stop order. Once i...
Early warning system: This identifies a developing divergence and can be used to set alerts.