Bearishdivergence
Justin Sun's new scam. Technicals are bearish.First of all, there is a bearish divergence on the OBV
Second of all BTC HT shows incredible overbought status in stoch and RSI
Third, it reached resistance from October to November
Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token?
Fifth, Justin Sun has 1~3b in assets, he can't pump much further
Sixth, pattern shows Rising wedge which is bearish
Something is fishy here! The prices are fake or manipulated by Huobi. Something doesn't click. This pump is completely against the technicals. What's going on here. Sue Huobi.
BTCUSDT Deep Crab, CMF & RSI fractalAs we can see on this 1D chart, BTCUSDT can be ready to drop as Chaikin Money Flow and RSI correlations seems to be close to repeat signals for a potential drop. A target for this possible impulsive bearish wave is a Deep Crab harmonic pattern aiming the bottom from this consolidation. A strong pullback can occurs @ the support area. For an effective signal to exit of this trade the LSMA of 28 periods breakout can be a good indicator to avoid of a non-profitable consolidation phase after a potential 10% average downward. All the profitable trend tends to stay below 28LSMA due to the oversold condition on RSI. All the key levels are displayed on this chart.
EURCHF: Bearish Skart at ResistanceIf you ignore the wick we got on the 22nd, we have a near perfect looking Bearish Shark on the 4 Hour with the PCZ lining up with the top of the Daily Range and some 4 Hour RSI Bearish Divergence.
I think it could later setup to be a Bullish 5-0 where it would Bullishly Continue up after making a 50%-61.8% Retrace from Low to High.
My Journey for USDCHF [SELL]Helloo....My Dragon Friends.
i see Still HOLD at the resistance dan have another clue (Rising Wedge and Bearish Divergence).
Big Trend Still Sideways.
Sell USDCHF at 1.0000-1.0090
SL at 1.0100 (risk 100 pips)
TP1 at 0.9750 (Reward 250 pips)
TP2 at 0.9700 (Reward 300 pips)
TP3 at 0.9625 (Reward 375 pips)
Lets See
Happy Trading
Happy Hunting Profit
Watch Ur Money Management and Risk Management
Disclaimer On
Mon 10th October 2022 EUR/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. Enjoy the day all. Cheers. Jim
Bearish divergence and extremely overbought TA is a LIE there's absolutely no reason why XRP going up. Please don't destroy my short.
It's a dinosaur dead coin with poor fundamentals. Doesn't have smart contracts, after more than 10 years. Mostly hyped up by early investors. People predict on internet this coin will 1000x and eat all other crypto. 1500 tps poor.
If this stuff pumps then TA is a f... scam!
BTC situation!BTC was in a butterfly pattern.That means the Price has showed us a Bearish Sign. There is also a Regular Bearish Divergence (RD-) On MACD Which is a Sign For Bearish movement.
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Thank you for seeing idea .
Have a nice day and Good luck
NZDJPY Short Term Sell Idea Delivered 200 Pips Move!!!In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term".
The price action followed my analysis and moved as per the plan here. The pullback that I was looking for happened and then the price moved lower further and has delivered 200+ pips move!
Note: Currently we have a bullish divergence in play, so if you are still involved in the sells then this is a good place to consider managing your trade and secure your profits (cash out or partial cash out or trailing protections or partial hedge, etc.. depending on the strategy that you work with).
Original Idea