Bearish Weekly Shooting Star at PCZ of Bearish Shark on HBARUSDBeen a long while since i seen a shooting star pattern like this on a weekly chart but here we are the next few weeks are bound to be interesting if the weekly closes like this tonight.
Bearishdivergence
Solana Attempting To Breakdown Through A Point Of ContentionThe zone i have highlighted on the chat is the range between the top and bottom of a high volume daily doji and we're overbought on the weekly showing bearish divergence on the RSI while on the daily RSI we are breaking down after being overbought; If we break below the zone i have highlighted then i expect to see a huge move down to the moving averages.
Bearish Sentiment on $AAPLRecent News - Apple reloads its stock with "new products" which aren't so new but with a higher price tag (Bearish). Epic Games v Apple (Bearish). Losing the fourth Apple car exec this year (Bearish). Quad Witching Sept 2021 (Leaning Bullish).
Trend - We're just coming off a bullish trend that helped us reach an ATH of $157.26. We broke that trend with a strong pullback from ATH with the Judge's ruling over Apple's in-app purchases. We're also still in this wedge pattern, which I believe we'll break from it within this month (hopefully next week).
Candles/Volume - We saw three wide body candles with strong, above average volume to validate them. We currently have two hammers with average volume which indicates that the buyers are holding at the ~$148 support level (could possibly be a reversal - volume makes me think not). I can see the buyers becoming exhausted and the price dropping down to the next support level of ~$145. If by chance the buyers don't step in at that price or they become overwhelmed, we can easily see the stock drop -8.78% from ~$148 to ~$135.
MA - The 200 MA has also be a previous strong support. Which it would currently fall at ~$135 if the market decided to pull back.
RSI - Starting up from July 7 to present. There is a bearish divergence on the RSI.
MACD - I believe it's just starting to pickup momentum with the signal line already having crossed over the MACD line. We also see a bearish divergence with the MACD, just like we saw with the RSI.
Constructive criticism would be appreciated.
Time To Go Down To The Oversold Zones On The RSI: Trend BrokenTRX has just broken trend and looks to want to get to oversold on the RSI, The quickest and easiest way to do that would be for it to dump from here put your stop 1-2ATRs above entry
Disney Head and Shoulders Potential Right Shoulder Puts EntryComcast recently reversed off a bearish signal, perhaps Disney will be next given that they are in the same sector.
AAPL Bearish DivergenceThe price of aapl has been rising this past few weeks, mean while the RSI indicates a descending channel. This shows bearish divergence. If we get a breakout on the channel then this would be bullish but for now it seems bearish.
Gold Short Term Sell IdeaH4 - Triple wave to the upside which ended with a bearish divergence.
Currently it looks like a correction is happening.
After the first leg to the downside, it looks like a flat correction is happening in the form of a range now.
Until the top of this range holds my short term view remains bearish here and I expect the price to move lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement zones of the triple cycle.
Walmart May Pullback a Little Due To Litecoin Disappointment After the Litecoin situation there maybe a bit of a pullback in WMT itself due to the amount of hype it got this morning before the news was proven false.
Bearish Bat Visible On The Monthly This one's kinda simple and not much thought goes into the entry just shorting at the PCZ because i want something to short.
Bearish ABCD Pattern Is Nearing CompletionWe are Near a 1.618 Retrace which will be the PCZ of our ABCD Harmonic here and i'm actually not sure if it will be strong enough to actually hit it but if it does that will be a very nice place to catch the reversal.
Bearishly Engulfing The Weekly At Critical Levels: SPX Update #3I have been tracking this channel for awhile and giving occasional updates on the price action within it and i am seeing that we bearishly engulfed the weekly at the top of the channel as bearish divergence continues this may signal that this would be the last week we see any sort of attempt to achieve higher highs for a long time.
Additionally we are at a 1.618 Fib extension so this would be the perfect area to reverse from.
Bearish Divergence Between the 786 and 886 RetraceI think that we should look for a bearish reversal between the 78.6% and 88.6% Retracement and that we will fill 1 or 2 of the gaps below.
Monthly Put Options Play: Monthly Partial-RiseBABA seems to have completely broken it's trend and looks to be preparing to reverse back down to where it started i think in the next few months you will certainly see BABA below $145 and worst case scenario it will go back to the 60s.
Bearish Divergence at a 1.414 Daily Fibonacci ExtensionI would like to see FTT undo all of it's gains it's gotten over the last couple of weeks before thinking of entering a bullish position on this one again.
Bearish Shark May Be Looking To Trap A lot of Bulls.We have a Bearish Shark visible on the Weekly with Bearish Divergence and a Huge Spike in Weekly Volume after an extreme upside Breakout. I never heard of this stock before and i hardly know what they do but just looking at it tells me that there are a lot of bulls betting for more upside up here and that any amount of selling below the breakout zone can easily lead to a very steep decline.
A Bearish 5-0 Could Take AMC Down Below $32 In The Coming Weeks.We have Bearish Divergence at the 50 percent retrace of a Potential Bearish 5-0 here and if this pattern plays out we will likely see AMC attempt to make a new lows below $32
AUDCADIN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point which is 0.9284 and if this level break than we try to achieved TP2. NOW talk about stoploss which is very important so our SL is This red resistance zone 20 to 25 pips above this zone.
BEARISH DIVERGENCE IN BTCUSD DAILYShort trigger = break of channel to the downside
Enter = go to lower time frime 4H-1H to find a good entry point
Exit = 42.000-42.150 $ is the first support, 35.000-35.500 $ (CME gap considered) low probability exit
Stop loss = break line of channel + 1ATR in entry TF
goodluck!
We Held The Line At .35 Now Lets Hold It At .30Bearish Divergence at 30 cents after successfully breaking and reversing the trend a few week ago now we look for potential continuation. This is a late entry and is not as good of an entry as we got a few weeks ago but it's still a valid one.
For further context check out the previous setups on doge in the related tab.
Dusty Road to 44kBearish divergence detected on BTCUSD
4H Ichimoku Cloud Enter Bear Zone below Kumo Cloud
Target 44k
Rising Wedge Breakdown with Bearish Divergence.Gonna be looking for a quick 10-20 percent pullback from here.
Post-Post-Profit Reentry at PCZ of Bearish Shark: Round 3This will be the third bearish trade i'v taken in on XLM and the second bearish trade i have taken in this zone. It's funny how it just keeps coming back and giving us entries at the same price level. Anyways; The stop loss entry and targets remain the same as they were from the first and second trade.
Quickpost BNBUSDT losing momentum after reaching key targetIntroduction
Out of all the top coins since 2017 to right now BNB had one of the best bull runs. Therefore, if it is setting a bull trap I take that that is pretty scary and a bad indicator for the broader market.
Analysis
I consider hidden bearish divergence to be the bulltrap signal and as I look at the charts it is very visible on the RSI. So that gives us continuation to the downside from the peak to peak. Traditional or classic bearish divergence signals the end of a current uptrend and I see that on the MACD histogram. Also, the MACD is on the verge of closing a MACD-Signal line cross. Very bearish when taken into consideration with the divergences.
Good news is the BNBUSDT chart is acting very technically. There was a symmetrical triangle that formed and when it broke it went right to target before stalling and now potentially reversing. Hopefully we can have the same chart clarity moving forward.
Rough Targets
One target would be an ABC correction at the 1.618 looking for an ABC correction
Which is close to the 1 line on this fib channel.
