Hi guys In the medium term, if the resistance range of $6.34 is completely consumed, the possibility of continuing the upward trend and seeing higher areas will be strengthened. In the weekly RSI time frame, it is in the saturated range. After the specified resistance range is consumed, we can check the entry points more carefully. What do you think?
OGI is a highly volatile penny stock in the marijuana subsector. It is too cheap to short It does have options. ( The strike $2 for 3/15 contract on Friday went 67% from the LOD to the high of day). On the 15-minute chart is shown my swing trading strategy for OGI. Each up arrow is one lot of shares while the red arrow is to sell a lot. The lot size can be...
- Timeframe: Weekly chart shows RSI Divergence - Trade Bias: Shorting opportunities favored Analysis: - Weekly Chart: RSI Divergence signals potential reversal - 4-Hourly Chart: Waiting for retest of previous resistance at 151.74 for short entry - Combo Trade Strategy: Stretching targets for lower risk and higher returns Combo Trade Strategy Explained: -...
We can see that the volume is decreasing, while price is rising, suggesting a decrease in demand. ACT chart also show us a negative divergence, when comparing price with ROC. The ADX is also showing a new higher peak. And as we can see in later 2023 a higher peak was made and resulted in a decreasing price; March 2024, the ADX failed to reach a new higher, and...
Greetings, friends and speculators. Let's take a moment to examine the Crypto King's relationship with the 2-month RSI indicator. The RSI has proven itself as a powerful tool, accurately identifying the exact bottom on three separate occasions. During the bear market lows of 2015, 2018, and 2022, a hidden bullish divergence emerged, signaling the conclusion of...
📊 Script: TATASTEEL 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving Crossover. 📈 Right now RSI is around 62. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 155 🟢 Target 🎯🏆 - 167 ⚠️ Stoploss ☠️🚫 - 150 ⚠️ Important: Always maintain your Risk &...
On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action prints support on past resistance. Look left. 3) The macro bull-flag breakout plus confirmation of support. 4) A number of tradingview.com ideas are ‘short’....
Weekly Chart: Fusiongap (50/15) indicator histogram is in positive again, with the red oscillator about to cross the green oscillator. Ichimoku cloud flipping green again.
On the above 3-day chart price action has corrected 96% since the sell signal (not shown) @ $1500. Now is an excellent moment to be long. Why? 1) A strong buy signal prints (not shown). 2) The strong signal also prints on the BTC pair. 3) Regular bullish divergence . Lots of it. This divergence is measured over 40 days. 4) Price action and RSI resistance...
On the above 6-day chart price action has corrected 97% since May 2021. A number of reasons now exist to take a long position, including: 1) Price action and RSI resistance breakouts. 2) Price action prints support on past resistance confirming the trend reversal. 3) The falling wedge breakout forecasts a 4000% move to $17. Is it possible price action corrects...
On the above 2-day chart price action has corrected over 90% since the sell signal (not shown) in April. Now is an excellent moment to be long. Why? 1) A strong buy signal prints (not shown). 2) Regular bullish divergence . Lots of it. This divergence is measured over a 40-day period. Look left - blue circles. This divergence includes MFI (Money flow) - Follow...
📊 Script: GRASIM 📊 Sector: Textiles 📊 Industry: Textiles - Manmade Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving Crossover. 📈 Right now RSI is around 62. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2287 🟢 Target 🎯🏆 - 2410 ⚠️ Stoploss ☠️🚫 - 2241 ⚠️...
📊 Script: SONACOMS 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are on urge of Crossover. 📈 Right now RSI is around 59. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 705 🟢 Target 🎯🏆 - 750 ⚠️ Stoploss ☠️🚫 - 683 ⚠️ Important: Always maintain...
After #ATH in NCDEX:GOLD , we see a weak divergence in the time of 15 minutes, which we can enter with the lowest risk in the opposite direction of the upward trend. be careful!!!!
After decreasing volume a flag was created, where price tend to stop in the EMA, and today we get a breakout with volume rising. This candle is also breaking the resistance that was created before by the pattern, after being crossed. After the flag breakout the RSI rise above 50. We can see the Fibo, and the buyers are pushing the 38,2%, with a possible upward trend.
The price seems making Higher Lows but RSI indicator shows indication of Bullish Divergence. Shall the price travel above $1.0600?
On the above 2-day chart price action has corrected 70% since February. A number of reasons now exist to consider a long position.. Firstly, was asked about my thoughts on this one. It is bullish. Here’s why: 1) Price action and RSI resistance breakouts. 2) Regular AND hidden bullish divergence, don’t often see that. 10 oscillators are currently printing...
** warning - low market capital $10m - high risk ** Happy with the risk? Read on… On the above 2-day USD (left) and DMTR / BTC charts price action has corrected 90% since late September. Now is an excellent time to be bullish. Why? 1) The ‘Incredible buy’ signal prints on both pairs. 2) RSI resistance breakout on the dollar chart and with confirmed RSI trend...