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Bearishdivergence

GBPNZD Bearish Divergence + DisequilibriumOn the hourly and half-an-hourly timeframe, GBPNZD is showing bearish divergence signalling a pullback/reversal from its highs. Furthermore, price action is making higher highs while the Relative Strength Index is forming lower highs . Additionally, there is disequilibrium between price and the conversion line (Fast Moving Average) on the hourly and 4-hourly timeframe. Price should retreat to meet the conversion line before potentially creating even more disequilibrium between the conversion line and base line which should also meet bringing price even lower towards it. Any tips/advice on how I could improve this analysis?
Short
by navshxrir9
BTC - H4 - DOUBLE TOP ? YES OR NO ?H4 : Potential double top formation in progress coupled with a potential RSI bearish divergence also in progress. Recent price is showing a sideways 56'500-58'550 trading range, holding on both Mid Bollinger Band and ongoing uptrend channel base support line. The former high @ 58'549, has, so far, not been retested yet, high being 58'315 (las long white bullish candle). Nevertheless, some tolerance could be accepted and early signals of a potential double top coupled with a RSI bearish divergence should not be underestimated ! On this H4 time frame, watch the following levels : UPSIDE : R1 : 58'549 R2 : 60'000 R3 : 61'075 R4 : 64'895 DOWNSIDE : S1 : 57'190 S2 : 56'900 S3 : 56'500 S4 : 55'465 Watch H1 for clues Ironman8848
BITSTAMP:BTCUSD
by Ironman8848
6
ETH Bearish AB=CD, divergence @ 3K!Ethereum has had an amazing run after Bitcoin's recent dips, increasing by nearly 50% of its total price after dips from only a few weeks ago! However, it looks like indicators are starting to show some weakness for ETH in the short term on the 4-hour chart. ETH now approaches its ascending channel's top (white line, note: linear is shown due to it being a short-term trend, but the trend looks similar on the longer-term logarithmic chart). As ETH approaches 3K, an almost perfect AB=CD pattern has formed indicating a potential bearish reversal for the short-term. This looks further confirmed by dwindling volume in addition to divergence forming against price on both MACD and OBV (red dashed lines). However, with 3K being such a huge target for many ETH followers, there is always the possibility that FOMO kicks in causing an unexpected catapult upward. But in my opinion, the trend if heading downward from what I can see. Hence, you should take the above solely as my opinion and not as financial advice. However, please also like or comment if you agree or see anything differently.
BITSTAMP:ETHUSDShort
by crypto_trends
5
Educational: AB=CD pattern w/ BTC exampleOne fairly easy and useful pattern for determining reversals is the AB=CD pattern. The pattern simply looks for two rising or falling legs up or down respectively. Then one simply measures the retracement level from point B followed by the projection from C (luckily tradingview has a tool to assist with this). If these values equal a 0.618 or 0.786 retracement followed by a 1.272 or 1.618 projection respectively, the pattern is likely to indicate a reversal of the current trend. For example, above we can clearly see the pattern almost perfectly matched the required levels of 0.618 and 1.272. However, no pattern is guaranteed, so it is always recommended to seek out confirmation. As we can see in the above example, there is bearish reversal divergence that can be seen on both RSI and MACD (dotted green lines), whereby price is rising while oscillators are falling, indicating an even greater likelihood for a reversal. Upon confirmation of a reversal, one can then target Fibonacci retracement levels as key points of interest as can be seen above. A nice part about this pattern is how simple it is to spot and draw out particularly with tools available on tradingview. Hopefully you are able to use this pattern as another useful tool in your arsenal!
BITSTAMP:BTCUSDEducation
by crypto_trends
Extreme Amounts of Bearish Divergence at PCZ of a Bearish BatThis is a follow-up to my previously successful idea for Litecoin that called the rise to $300: We have both RSI and MACD triple Bearish Divergence on the 3 day time frame after hitting the .886 of a Bearish Bat Harmonic. I believe that LTC could bearishly reverse between the $331-$416 area. If we get any significant price action above $420 then i will suggest stopping your losses. Our profit taking targets will be between $105-$69which is our previous major Support and Resistance Zone.
BITFINEX:LTCUSDShort
by RizeSenpai
8
ADA/USDT Update: Looking for an upper breakoutADA longterm is one of the most bullish coins and ecosystem around there. However, currently updates are delayed and we look at a bearish divergence considering the volume and price action. So be carefull. It could breakout on the upside but it also could fail and print a bigger drop. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
Short BTC, bearish div. with RSI Chart BTC/USD in daily shows 3 bearish divergences between RSI and USD prices. Current price and lack of volume show sign of weakness. Support 1: $56 000 Support 2: $51 300 Support 3: $45 300 An invalidation of these div. is still possible but I expect a pullback at least to the first support. BTC needs to breathe and consolidate before to go higher. A consolidation of BTC would permit an « alt season » with big pump of major alts in the next days, followed by mid caps and small caps later 🚀
COINBASE:BTCUSDShort
by Apollonosaure
1
XLM Bearish DivergenceI haven't been doing much publishing lately, and I will be perfectly honest as to why: I lost my confidence. The BTC correction on 3/26/21 and the subsequent turn around really shocked me and I was unable to remove myself from the emotional impact that had. I jumped into a few coins on their rise just to make some money, but at that point I had only "It's going up and will likely hit X%" going for me. I had no idea why the market was moving, or for how much longer. TL:DR I started going back to my basics and learning more about indicators and behaviors in the market. Something that I learned was how to look for divergences, whether they were reversals or continuations. Since then I have been very successful in entering and exiting positions on the 15, and 1 hour charts. With that success I built more confidence, and started the more difficult work of looking at long term behaviors and indications. This lead me to publishing this idea. We are currently trading in a classic Bearish Divergence on the Daily: Higher Highs on the Price, and Lower Highs, on the Stochastic. This signal, especially in crypto currency is effective at almost every time chart, but has shown itself to be especially effective in XLM, and BTC charts. To that end, if we are at a turning point, in terms of divergence, that does not mean it is all downhill from here. In fact the likelihood of another impulse to even higher levels is likely. With that being the case, I will not claim to know how much time is left, nor what the next levels will be only that we are signaling a Bearish Divergence and to trade accordingly. Most estimates place the next high between .71 and .85. My suggestion, and what I am doing myself, is having XLM in hand and waiting for those levels, and staying in enough Fiat to buy in at a local bottom, or to keep out of the potential, violent, downswing that will occur like with every other top we have encountered. I am not a financial advisor so take this with a grain of salt!
COINBASE:XLMUSDLong
by Sephiroth4269
5
CTD - Expecting a Deeper PullbackCTD has been rallying since the huge drop it experienced during the pandemic and it seems that it needs a breather before the upswing continues. CTD has been in an uptrend forming higher highs and higher lows but now we are expecting the current pullback to be deeper because of the Bearish Divergence on MACD and the Bullish Momentum getting weak. We are expecting price to come down to its Support Level (also the Trendline Support Level) between $14.55 - $15.25 zone. This could be a zone where we expect CTD to find buyers and take price higher. We will be monitoring the Price Action closely once it find support and will update accordingly. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:CTDLong
by AsimMirzaTrader
Do not spill your coffeeTry not to spill your coffee with this news for Wednesday, April 7th. We should see SBUX drop to a minimum of $112 a share. Indicators: MACD- Weakening bullish divergence Signals: Guth 3x confirm sell signal D+ sell signal Divergence: High levels of bearish divergence and lowering bullish volume Blue Arrow: Sell signal Orange Arrow: Price attempted to hit $114 a share but failed and is floating high above the support level as indicated by the teal Kurutoga cloud. Green horizontal line: If price reaches or falls below green line, big profits will be made. Want to see your favorite stocks analyzed? Like and comment below and I will add your stock to my watchlist.
NASDAQ:SBUXShort
by Myantman101
2
Bearish divergence example on $ETH against $USDTThis is a clear example of a bearish divergence on Ethereum $ETH against USDT pair. I took the 12-hour chart to exemplify the closest to reality what we could have done to spot an upcoming dip using the RSI oscillator vs price action to forecast a strong dip in price. First of all watch the X marking a higher high around the 7th of January on the RSI and then a new higher high on the 19th of February, more than a month apart, describing a descending slope. The corresponding price action instead developed in an ascending channel. This is what we call a bearish divergence and it forecasts the strong 35% correction that started the 20th of February. Being aware of situations like these allows you to exit a long strategy trade and maximize your profit. On a side note, the 19th of February the information that was visible for us on the chart, besides the divergence, did not signal or suggest it would be happening the very next day. Kumo cloud was ascending, Kijun Sen (yellow line) was in an upslope, Chico Span was far and behind the price action and the blue conversion line moving above the Kijun Sen suggesting buy opportunity. This is the relevance of close observation of the RSI oscillator and price action.
by AponSOKS1978
2
$188 By Friday Based on multiple indicators it is clear that SWKS is about to fall and here they are Guth 3x confirm: Triple sell signal D+ Large cloud of bearish divergence indicating strong bearish strength as well as 3 sell signals Kurotoga Cloud: Shows support at $188.75 but second level support at $184.48 My plan? SWKS is up post market according to Trading View but not my brokerage. Was hoping I could say the 1 hour or 2 hour chart show signs of a start of market pop tomorrow but both time frames show strong sell signals. 187.50 put is under my radar and I plan on purchasing at market open. Will keep everyone posted with trade activity. MACD also critical but I did not put that in, worth looking at.
NASDAQ:SWKSShort
by Myantman101