BTCUSD 240-Minute Chart: SIgns of Bullish price/Momentum DivergeNot anticipating a major bullish reversal, but more of a minor bounce up toward the $4400.00 to $4600.00 resistance zone.
Nice volume profile support node setting up, and with bullish divergence on both the MACD and RSI occuring as a
240-minute/daily chart multicycle low completes, this looks like a great place to cover any short positions.
Macddivergence
AMZN 4h bullishMultiple Divergences on the AMZN 4h Chart!
RSI is making higher lows while price produced lower lows - this could indicate a trend-reversal.
An additional confirmation-signal: a nice MACDDivergence shows up below the current candle and there is an untouched weekly pivot.
I assume that price might go up to that pivot.
Next week AMZN probably get's a little boost by the news: the AWS re:invent takes places and AMZN will be in the news with cool new features regarding their cloud-platform.
BTCUSD Daily Chart: Daily Cycle Low FormingA daily cycle low is forming in BTCUSD; the average cycle length is around 18-20 bars for this instrument.
The weekly and monthly cycles are in strong down phases, however, meaning that any tradable bounce on the
daily chart will likely be short-lived. The 14-period RSI is also in bearish territory on the daily, weekly and monthly charts.
Next heavy support area is between 2900 to 3100. Do not try to catch this falling knife.
Bottom line: sell all rallies until the RSI(14) can make a pair of daily closes back above 50.
REP is about to jump 20-60%For a long time I have kept an eye out for REP.
After the huge drop in Bitcoin and basically all cryptos we are getting a rebound. REPBTC has already begun to turn and I see a really good opportunity to trade this rebound for some good profit.
The divergence in the MACD shows that we are at a turning point and I will go in now with a tight stop.
Good luck out there!
LONG EA | Bullish Divergence in Daily Chart EA
EA shows a bullish divergence in the Daily Chart with a signal to go long that occurred Oct 12 2018.
That could only be a short term investment, or lead into the turnaround of the stock. It was declining since a while beaten up when they were moving the Battlefield V release date to november 20.
The stock bounced of a long term resistance also.
Limit: 106.5
Profit: 110 (Value Zone)
Stop: 102.1
Again, EA shows a healthy downtrend but coming closer to christmas might turn around. Battlefield 5 will come into stores November 20th and this will most likely advance stocks.
Bears eyeing ADBE divergenceADBE has been a beast for a long time, but there are signs the bulls may be exhausting. The daily chart is looking toppy with upper wicks of profit taking and clear resistance at 272.50, and a potential bearish reversal Head & Shoulders pattern forming on the daily. The support to break is 257 to confirm the pattern.
The daily chart is setting up minor RSI bearish divergence and pretty significant MACD bearish divergence.
This is one I'm going to wait for to come to me. Bearish RSI and MACD divergence on the weekly can be seen going back to November 2017 and the odds are always against the bear standing in front of a bull stock at all time highs. Any bears who took this short at the first sign of the divergence have long become insolvent.
CBIS Pulse is faint but pulsing with research quivers...Watch CCI momentum with MACD here. . . future profits and earnings TBD. Await patents and studies. Expect they'll eventually have to sell the farm here to pay for all the cannabis / hemp studies. Ent Value / Mkt Value is 1.02. A new medical advisory board for new medical products. One patent issued 2017 for treatment of neurobahaviors and could lead to positive litigation...TBD. This is a watch and wait scenerio for entry...@pokethebear
Studies mainly on Endogenous cannabinnoid family, which are produced in our bodies, vs natural occuring phytocannabinoids from cannabis, or made synthetically. CBIS studies may be specific to proving scientific value as neuromodulators and their absorption/binding to the our bodies fatty lipid areas/tissues and possibly dosage. If there's a pHD in the room to help confirm wording here, but the study and health benefits of CBD, CBDA, CBG, CBGA, THC, THCA, 9-THC, 9-THCA, 8-THC and THCV. Aka proving the science to the F&DA each endocannabinoid does something specific (sleep aid, pain releif, epileptic med., ADHD/ADD med., reduce inflamation, anxiety, psoriasis (skin inflammation), slows bacterial growth, inhibit cancer cells (first study published), stimulate appetite, reduce vomiting/diarrhea, and several other benefits.
BTC forming Tweezer tops?On a 4 hour chart we can see Bulls losing steem. First a dragonfly doji candlestick formed which represents big amount of bearishness. Few hours later a Tweezer tops formation can be seen. If BTC closes like that, we could see another fall to the new lower lows (5400-5700) as third Elliot downtrend wave will start forming (usually the nastiest one).
Other indicators are RSI where we can see lower highs and MACD where bearish divergency started forming.
We would need to see huge rally to 7600-7700 range to start changing market trend, but at this very moment that seems far away.
What do you think?
NXPI: ABCD completion looking for +25% I forgot how many times NXPI has changed owners, everybody loves NXPI silicon. After getting jilted on the alter by QCOM, NXPI is $2bn richer and running a $5bn buyback program. Stock is basing after an ABCD completion and exhibits signs of a positive divergence between the price action and MACD. Will look to take a small flyer at current prices with the recent trough providing reference for a stop and see if we get confirmation of a trend change to scale up. Expectation is for the stock to retest the 200-DMA which happens to be the 78.6% retracement level from the last peak.
ETP/USD DAILY CHART bearish signalsafter an increase in price of more than 513% in 41 days with high volume ETP is most likely to retrace very soon.
MACD is really high and forms bearish divergences in the histogram. In addition RSI is performing bearish divergences too and is in the overbought zone for quite a long time.
Strong bearish signals. Daily chart. Nevertheless I see a possible rise to 2.833 USD before the retracement starts as the is the 6.18 fib level.
EOS DAILY CHART bullish signalsEOS forms bullish divergences in MACD histogram + macd crossed over in very low area in daily chart, which is a buy signal.
It also retraced to the 0.618 fib level which is the level where cryptocurrencies most like bounce off.
Considering a possible starting bull season / rally in btc it is likely that eos follows with a big rise.
ZEC/USD - Short (short-term trade)After triple top, there is time for a little correction. We have touched 3rd time green zone, but now, the market has no power to make close over the green zone.
We can see a MACD and RSI bearish divergence. The value is getting higher (top), but the indicators are getting lower. They are making a lower lows, but the market has marked a new top at the level 232 USD. This is a strong bearish signal, here are the instructions.
Short zone: 225-214 USD
TP:1) 210 USD
2) 200 USD
Stop Loss: 233 USD
NPXSBTC - Bullish divergence and bounce from supportBullish divergences on MACD-H and EFI
Bounced from the support line
Entry: 0.00000066
Target 1: 0.00000072
Target 2: 0.00000082
Stoploss: 0.00000063
Target 1 Risk-Reward: 1:2
Target 2 Risk-Reward: 1:5.3
Short term Long ZRXBTC intraday trade: Bullish divergencesBullish divergence on MACD-H and EFI
I am trying to buy in the value zone
Entry: 0.0001360
Target 1: 0.0001399
Target 2: 0.0001410
Stop Loss: 0.0001342
Target 1 R/R ratio: 1:2.1
Target 2 R/R ratio: 1:2.7
Targets are flexible, depending on how the trade develops.
I did not succeed on the entry just yet, I have to wait for a pullback and will time my entry on the 5m chart.
I expect it to pullback at least to -1 ATR, if not, I'm passing on this trade, then I'm too late for the party.