Sign of Early Bearishness in RELIANCE Sign of Trend Reversal (Bearish) in 1W T.F
* Making triple top
* Making Lower High in First time
* Showing -ve RSI Divergence
* waiting for breaking the lower low for
For starting fresh downtrend
Earlysignal
TODAY UP SMELL, US BEARING, OIL ROARINGI’ve been watching the market shifting from yesterday to today’s movements, all pair are gaining against the US dollar. One of the is USDCAD, that pair made me smell the Oil rally. IMHO this is only the start of a morning where the press talks about it. Oil will rise and US will. Be red today. If you are there and believe my theory for today give me a thumbs up and a like!
Warning: ♫Bitcoin Plunge is coming to town!♫ Bitcoin has been silent lately in a symmetric triangle. A sideways Bitcoin sort of irritates people. But you shouldn't worry! The Bitcoin plunge is coming!
If we can see the yellow-colored oscillator, the Effective Divergence indicator, it gave us a similar symmetric triangle compared to the price. Well, EffDi gives us an early breakdown... nice! It was accompanied by a dump from 38k to 34k. We have a potential breakdown of the price's symmetric triangle!
Also, the Moving Average Channel, which composes of a MA 100 for the high and the low, was also broken with the recent dump! This Channel prevented the pullback from 42k about a week ago. This breakdown is strong. Don't forget the extra volume during the dump.
Early signal for an impending plunge! It is coming! We may see the correction go all the way to 30.2k, strong support, which halted the previous pullbacks. Get ready! ♫Bitcoin plunge is coming to town!♫ Also, I noticed when Bitcoin plunges, many altcoins plunge too. Interesting! Get ready for the next crypto movement!
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