H4 - Hidden bearish divergence, we may expect double wave correction up to the zone marked in the chart. We may then look for sells with bearish evidences. Note: Aggressive buys towards the marked zone are also acceptable.
H4 - Price has reached the downtrend line, hidden bearish divergence and we have bearish delta pattern. H1 - Bearish divergence. Everything looks good here for the bears. We may start looking for sells with bearish evidences.
H4 - Price broke below the bottom of the range. Currently it looks like a correction is happening. We may look for this correction to happen in the form of either one wave up with hidden bearish divergence to form or in the form of two waves up. Once this correction completes itself, we may start looking for sells.
Longs proceed with caution..
I have 3 reasons to be bearish on BTC at this time. 1st: Hidden Bearish Divergence. Look at the 4 hour RSI . Price has made a lower high relative to 6800, but RSI has made a higher high. 2nd: Rising wedge . This is not a bullish pattern and is likely to break to the downside after buyers are exhausted. 3rd: Longs still heavily outnumber shorts according to...
D1 - Hidden bearish divergence. H4 - Bearish divergence. We may now look for more bearish evidences and then start looking for sells.
H4 - We may expect the price to respect the dynamic resistance and move lower. H1 - Hidden bearish divergence, price moving inside a bullish channel. We may now look for more evidences of bearish pressure and once we get confirmations, we may then start looking for short term sells.
D1 - Hidden bearish divergence, price is moving higher towards the down trend line which is closer to the broken channel trend line. H4 - We may look to sell around the top of the range with bearish evidences.
H4 - Price has broken the trend line inside the channel, we have hidden bearish divergence. Based on the fibo extension levels, we have three levels that coincide on the same zone making it a strong critical level. Hence we may expect the price to move lower until the price reaches this critical level. Invalidation: Basically as long as the price holds below...
D1 - Potential hidden bearish divergence forming. H4 - Price has already approached critical level (1st one) and we have one more slightly higher. Looking for the trend line breakout to continue the down move. Currently the trend line is the one I have marked. If we develop a valid trend line on H4 while getting another push up, we can use it as well.
Just experimentig with this divergence. I am not shorting it. If anyone can comment it I would be glad. Keep hodling ;)
D1 - Hidden bearish divergence. H4 - Bearish divergence. Double cycle up, the second leg of this double cycle has reached the magnet zone. We may expect a bearish reversal to happen from this zone and we can go short with the breakout of the most recent uptrend line.
D1 - Price respecting downtrend line so far. We may expect the price to respect this dynamic resistance again and if it respects, we may expect it to move lower. Hidden bearish divergence has turned into continuing bearish divergence. H4 - Bearish divergence, perfect uptrend line. We may start looking for sells with the breakout of this uptrend line. Note: False...
D1 - Potential hidden bearish divergence forming. H4 - Double wave up, price has reached the first magnet zone that has formed based on the 100 fibo extension of the first leg and 38.2 fibo retrace of the triple cycle. We also have another magnet zone that has formed slightly higher based on the 50% fibo retrace of the triple cycle and the 161.8 fibo extension of...
H4 - We may expect the price to move higher and respect the downtrend line again. Hidden bearish divergence. H1 - Once a bearish reversal happens we can then go short with the breakout of the uptrend line. Invalidation: This setup will be invalidated if the price breaks above the H4 downtrend line. False breaks can be neglected.
H4 - Price is at the top of the channel, hidden bearish divergence. If we didn't get a valid breakout (false breaks are acceptable) we may then expect the price to move lower again and start looking for sells. M15 - Bearish divergence, if the price moves lower and close below the low at 0.8817, we can then start looking for sells. Invalidation – If the price...
H4 - Special cycle retrace reached the 38.2 - 50% zone. No bullish evidences, we may expect this bearish momentum to continue. H1 - Price broke at the bottom of the channel, In addition this, we had triple cycle down, double cycle up and we got breakout of the uptrend line. No bullish evidences, we may now look for pullbacks to happen with hidden bearish...