Is STETHUSDT exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 2720. What you guys think of it?
Price in Daily timeframe seems like to complete 5 wave bullish move and also we can see bearish standard divergence between price and MACD which is a very good signal for pinpointing the top. But the important thing to remember before taking position is to see market structure shifting to the downside with forming a lower high or creating a new low which at the...
As you can see in the chart massive bearish divergence between price and MACD indicator in weekly time frame which can cause a long term selling opportunity. Also price is testing bullish trend line acting as resistance since its connecting the tops and every time price test this trendline sellers jumped into market and drive price lower. Also as you can see we...
USTECH Trade Plan Timeframe: 1H #NDX100 #NASDAQ #USTECH #TechnicalAnalysis #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in...
if we don't break $12.400 with our uptrend , there is a HUGE posibility we will go below $3.000
price forming Higher highs and Higher lows in bullish channel and currently testing channel return line which also coincide with 4H time frame #demand area. Also we have reverse bullish divergence and 30 minutes EMA acting as a Support just below the price. All together gives confluences for this short term bullish idea
NASDAQ forming a double bottom on 15min time frame with bullish divergence. Manage your Risk!
Maybe is finally the time for RLY downtrend as it is losing steam. We can clearly notices from Daily Swings a divergence but also on the short term after a liquidity grab we've got a hidden divergence so there are a lot of signs for this coin to be turned around. The return could be really awesome! But notice it's been on a downtrend so DYOR Still it's a nice...
COP has had a brief trend up in the past three and a half trading days of about 8%. An analysis of the 30 minute chart suggests this could reverse. Firstly, the HA candles are now narrow- ranged and more or less Dojis. The MTF RSI indicator of Chris Moody shows dropping RSI on the 5 minute TF while it is hold up at 100 on the 60 minute TF. The former is...
NVAX popped today for a price jump of more than 20%. Canada agreed to pay out on a contract for COVID vaccines it now does not want in the amount of $350M. This is hardly enough to the fundamentals of the company overall. So the question arises, have traders and / or investors overreacted to a one time bonus which is essentially revenue without overhead...
Bullish Divergance XAUUSD on 15min chart lets wait for divergence to play its role and place Buy stop at 1927.50 Manage your risk accordingly!
Considering the return of the price from the resistance range and also the negative divergence in the RSI, we expect to have a correction from this range... WOMAN , LIFE , FREEDOM✌
Bullish Divergence formed on UK100 30mins, place your buy stop or wait for LH to break. Manage your Risk Accordingly!
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
POTENTIAL BULLISH ENTRY Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues) Formation of bullish flag coupled (continuation pattern) and double bottom coupled with bullish divergence SL & TP Levels are defined.
I misspoke in my previous iteration. There's a hidden bullish divergence indicating a trend continuation on the weekly chart. Placing the long position with the SL at the previous swing low and setting a 2:1 P:L ratio it appears to be possible to attain a 50% return. In the previous iteration I erroneously mentioned a 2x potential when it's a 1.5x potential.
Weekly chart shows a bullish divergence just before a doji. Watchlist. If Bull run confirms next Sunday the standard 2:1 P/L ratio indicates an opportunity to potentially 2x on a single long position
DESCRIPTION: The following chart is an micro analysis based of technicals & current PSNY US TOUR that can soon prove to be a bullish catalyst for the next big bounce. POINTS: 1. Deviation between Supply & Demand Pockets remains at 1.50. 2. $3.25 is CRUCIAL SUPPORT THAT MUST HOLD. 3. Break past $4.00 threshold by April 19th is necessary for bullish case to take...