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Bearish-divergence

Bearish Divergence - Not ideal leading into Reporting SeasonWe have potential reversal (Bearish divergence) in the all ords. Just as we enter the reporting season. (Financials + Materials make up close to 50% of index) Materials have already turned bearish and with banks to report soon for the first time since the royal commission findings it looks like we are headed lower. I'm thinking we might have better opportunities to buy in later this year especially for super funds with longer hold times.
ASX:XAO
by rutt
Is ETHUSD going to change it's trend?Hello, I'd like to share couple of thoughts with you. At the moment it seems to me that I see two signs of changing ETHUSD behaviour to down-trend: 1. Bearish divergence (which is considered by Alexander Elder the most strong signal in technical analysis) - please look at "a" on the chart attached); 2. The up-thrust accompanied by high volume (please look at the "b" on the chart), which I tend to consider strong indication of market weakness. In view of the above, I opened the short position. Am I right? I'd be very grateful for any feedback.
BITSTAMP:ETHUSD
by Koleily
Simple RSI analysis (Strong bearish divergence) Sell signal !!During one of my bottom calls I was pointing to Mar-May as area to watch for Bearish divergence to come and there you go How relative is the relative strenght index ? What is RSI ? If you do not know exactly then you´re at the right place ! I will reveal you the Mystery of sucesfull RSI divergence trading. Once you will master it you will make way more profitable trades / investments if you use them on mid-long term ( 4h/D/W/M charts) The RSI is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes Simple RSI indicator is very stong technical indicator if you know how to read it. The RSI provides signals that tell investors to buy when the security or currency is oversold and to sell when it is overbought Wilder further believed that divergence between RSI and price action is a very strong indication that a market turning point is imminent. Bearish divergence occurs when price makes a new high but the RSI makes a lower high, thus failing to confirm. Search for: Bullish / Bearish divergence & Hidden bearish / bullish divergence to incease the Risk:Return(Reward) ratio Feel free to ask in comments bellow and if you like my work hitting like would be appriciated Cheers Previous call - Bullish divergence ( Bottom ) ** Not a trading advice but attempt to predict future price movement so trade only on your own risk ** ** This is tutorial for trading bullish/bearish divergence to see more related ideas watch for links below **
BITFINEX:BTCUSDShort
by Anoinvest
1
LTCBTC Bearish DivergenceLTC is showing pretty textbook bearish divergence on the 1 hour and SHOULD dump soon (or else I will question divergences as a reliable indicator). Both RSI and AO are showing the divergence, making me more confident that it will happen. Typically in the past, I have aimed for the low value where the bearish divergence began as a target for the correction, which is around 0.01330. Another possibility if it overshoots this value is about 0.01330 which was a previous resistance that could be turned support. Finally, this could be the end of LTC's run up, and if both of those are passed then we may go considerably lower, I just wanted to put those both as possible bounce spots. Very clear divergence though, and I'm fairly confident that this will play out.
LShort
by Korastiz
NOT THE SMARTEST PLACE TO BUY NEO! What's coin on guys? Same as ETH, NEO is facing downtrend resistance on a higher time frames. Resistance is also visible on RSI from 28.4.2018. On a smaller time frame like 1h, RSI is showing bearish divergence. I think correction in this area is very likely to happen any moment now, even if NEO decide to break trough this resistance, I think we will see some kind of retracement first. Watch out for bull traps slightly above trend line resistance. What I think will happen is downtrend continuation from this point, but anything can happen if volume kicks in! Anyway, this is not the smartest level to buy NEO. ***Once upon a time there was a huge wick at the level of $3.72.
BITFINEX:NEOUSDShort
by AjnoudaSikret