IOTA/BTC is showing a falling wedge in the 4-h chart. Price just bounced on the 200-periods SMA (green line) and is now testing the resistance line. The MACD looks like it is curving up and the RSI shows a divergence (in spite of a lower low in the price, the RSI shows an higher low). This indicates a reversal of the current trend (which, in a small time frame,...
The pair could bounce on the support line reaching the 0.5 fibonacci level...and it's on the same spot of the round number 0.762! great chance to get some easy pips with tight SL and huge TP...
It seems we're ready to profit thanks to the reverse...Now it's struggling in the lower flip zone...look for reverse signals!!!
We wait this moment from the beginning of September and....here we go!!!! Confirmations came with the RSI divergence and the breakout of the support line and EMA previously! 3 targets are highlighted...these are possible zone where the pair can bounce and retracements could happen! Be careful!
#XLM has been bouncing up and down the triangle and will break sooner or later. RSI is bullish and coin is in accumulation zone. I recommend buying and holding for a few days.
I have this setup as a short, but really it could go either way. The 10-day RSI peaked on November 8, setting up a negative divergence when QQQ peaked on November 28. This was followed by a period of increasing volatility, as QQQ traded between support at $152.00 and resistance at $155.50. These areas provide a great trigger for a trade in either direction, with a...
BAT is bottomed out against BTC. RSI shows bullish divergence on 4H-8H charts. Expecting break-out. TP1 potentially at 0.000027-0.000029 zone, TP2 0.000034-0.000036 levels. SL at 0.000016 level. These are my personal views of potential price action. Please trade carefully!
Bitcoin touched 0.786 of fibo (in the previously white ascending triangle) and made a double top reversal, creating an strong uptrend support since september. If RSI goes down and prices goes up, bearish divervence will appear.. will BTC correct until the end of 2017 ? We dont see the RSI lower than 40 since september. Lets wait to see what RSI will bring to us..
EOS is moving in an uptrend against ETH and was nicely bounced back after consolidating between 0.382 and 0.5 fibonacci levels after latest upswing from 0.00176 to 0.0048 level. However now a falling wedge may be identified + there is RSI bearish divergence within the wedge. I am expecting to break down and move to cloud and touch uptrend line again – and at this...
ICN broke out falling wedge against ETH on 3rd November. After consolidation on support line RSI divergence can be seen on 4 H chart and expecting upward movement. ICN is at its all time bottom and on the 4 H chart it looks as a triple-bottom as well in the past days. I expect upward movement – I am already in with approx. 1300 ICNs. Based on Fibonacci levels and...
With a bit of RSI Divergence, this retest of structure may be signs of a bearish opportunity to sell. By executing a sell at market price, I'm looking forward to riding this to the structural targets indicated.
Make sure you TRADE SAFE Divergence will build as shown on RSI window. Bears will take control. 1st stop, 5K This could be the start of THE BIG SHORT - and then the BTC10K ;)
this setup is to hot to miss people!!! is EUR is aiming to hike again ?the pair was falling since first day of the month and i'm not surprise finding a support level at 0.8800, cause if you take closely this level was a major resistance and if you pop up your fibonacci retracement level of the big move you'll notice that 50% fit perfectly on the same level, i'm...
AUDCHF has formed a significant bearish engulfing on the daily time frame at a very strong support level. A very strong upper Bollinger Band outbreak indicates that the uptrend was over-extended. Clear RSI divergence indicates that the uptrend became very weak and is due for a reversal to the downside. I have entered at the open of the 9/22 daily candlestick after...
To me, RSI and price are making a pretty impressive bull divergence. Trend has curved upward significantly in the past three weeks. Price is coming to another consolidation end point relatively soon. This is getting pretty exciting and I can't wait for the pop to happen. I do not have a price estimation at this point. Need to wait for some data to build...
Hey, traders. Here on the GBPUSD, we have a great example of a CTS type of trade. This market is at a previous HTF level of structure. It has also gone overbought on the RSI on higher time frames. Now, that alone is not enough reason for me personally to enter a trade, but taking it down to an hourly chart, here we have a nice double top. This double top looks...
As of 8th September, a pin bar has formed at the top of the AUDUSD's bullish trend. Based on the price action, this is a strong sign of the bull is getting weaken. And this is also confirmed with the divergence formed between the price (higher high and higher low) and RSI(14) + Stochastic(14) (lower high lower low). If price can close below 0.804 by 11th...
We can clearly see both from the Price Action (Hammer + Shooting star at the bottom level of the small descending channel) but also from the Divergence itself that we could be setting up for a minor correction before potentially one more big impulse to the downside. I'm looking at this correction as a potential Running Flat one (you can correct me on that one,...