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Macdivergence

BTCUSDT long position in 4h time frameObviously we are in a trading range right now and the price is a little above the support line. However, the sellers are still very active and the supply is overpowering the demand but if the sides change it's safe to say we can open a long position. Also, we see positive divergence in 4h and 1h time frames on MACD and RSI indicators, yet opening any long positions still have highly risky due to lower market cap. looking forward to hear your opinions.
Long
by impressiveHero2001
Bitcoin DivergenceHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTCUSDT : bitcoin was printing a descending wedge and meanwhile, a divergence between the price and MACD was seen. the price reacted to the very important support zone and then, braked the descending wedge pattern. A short term rising trend is possible. I determine the SL and TP for a good R/R ratio. please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Long
by niktraders
2
How to spot and use MACD DivergencesOscillators Oscillators are any bits of information or data moving back and forth between two points. It is usually used as a signal for a buy or a sell on either side of the range it is moving in. The Relative Strength index which you might hear of is an example of an oscillator, however I will not be going into detail about it as we do not personally do not use it for my trading. When there is a change in momentum, this often signals weakness in a trend. The indicators are designed to signal a possible trend reversal. The only oscillator we use in our trading is the MACD. Moving Average Convergence Divergence. Feel free to look into other indicators, however, we believe that the MACD has been our favourite to use. DIVERGENCE Divergence is simply when we will be looking at the difference in price action against an indicator such as MACD, RSI, Stochastic. The simplest way to put it, when the price is making higher highs the indicator should also be making higher highs, and lower lows then vice versa. If the price is making higher highs but the indicator is not, then the two are diverting from each other and we have divergence. This is a great sign for a weakening trend and a potential shift in momentum. The two types include regular and hidden. Regular divergence When the price is making lower lows (LL), and the oscillator is making higher lows (HL), then we have what we call regular bullish divergence which usually appears at the end of a downtrend. If the price makes a higher high (HH) but the oscillator makes a lower high (LH), then we have regular bearish divergence. This usually occurs at the end of an uptrend. Hidden Divergence Divergence does not necessarily have to show when the trend will reverse, it can show trend continuation, and since we try to avoid trading against the trend this can be of great help. When the price makes a higher high, but the oscillator makes a lower low, we have what we call hidden bullish divergence.   When the price goes to make a lower high but the oscillator makes a higher high, this is what we call hidden bearish divergence. Always remember that in conjunction with these signals, we need other signs in order for us to enter the trade. We cannot solely base our analysis on oscillator divergence, otherwise we can find ourselves on the wrong side of the trade. Wait for the crossovers of the indicators to be sure, this can happen after the price has begun to move, however it can be an assurance that the divergence observed is correct. Always remember if the market is moving sideways, there are no clear indications of divergence so do not force it. Always connect the latest in the price action, meaning if the price is bullish and is retracing, you are looking at higher highs. Focus on the highs and lows of the indicators and ignore any small minor movements in between. Wherever lines are drawn on the price, they have to line up with the oscillator and that is where the line will also have to be drawn, everything has to line up.
BITSTAMP:BTCUSDEducation
by opes_trading_group
4
NFLX Ending Week Above $600Based on these technical indicators, I see Netflix ending the week above $600 per share. MACD shows growing bullish divergence while D+ also shows growing bullish divergence as indicated by the green shadow. The green outline means that is below 40 RSI. Guth 3x Confirm also indicates a buy signal. It has been a volatile market but I personally believe it is a good time to increase your position ahead of earnings. As an options swing trader I plan on buying OTM calls that will expire this week.
NASDAQ:NFLXLong
by Myantman101
Bitcoin channel breakoutHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout. Also we see a divergence between the price and MACD. that is another proof for expected downside movement. the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC. I want to support the idea with USDT.D analysis. USDT dominance shows us investors inclination to change their coins to USDT, and vice versa. As you can see, USDT dominance breaks the descending channel upside and I expect for further rise. this means people change their coins to USDT.
Short
by niktraders
5
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share. The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal. On the other hand, whether the downtrend continues, a triangle figure could end up being created.
NYSE:NIOLong
by mar_lpz
WISH - Moving in a descending wedge, possibly breaking up soon..Hi Guys, WISH is moving inside a falling wedge in the daily chart. Two third of this wedge is approximately end of January (blue box) where the price might realistically break the red trendline of resistence and reach the 6$. If this will happen, next price targets will be the 9$ gap filling and mostly the 15$ level, which represent the target given by the height of the same descending wedge. In addition to this, MACD on the daily chart is showing a huge bullish divergence which makes pretty realistic an inversion in the upcoming weeks. Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WLong
by FrancescoMerlettini
3
3 White Soldiers Marching to their GravesHello All, Bitcoin is seeing some very bearish signs on the weekly chart. We had just seen 3 white soldiers pattern end with an ATH blow off top and grave stone doji. Historically this has marked the end of a run up. Will it be the same this time? In my opinion, I believe so. We are seeing a lot of bearish divergence on MACD/RSI. As well as bearish price action from 30k to 67k. Yes, we made an ATH but is this run sustainable for longer term growth? I believe not. If 53k does not hold, our macro trend is at risk. As always, be patient, use risk management, and good luck trading.
Short
by RomanXIV
3
ETH at Risk of dropping, RSI Divergence !!!Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The ETH token is at risk of dropping back to the 3000$ level in the next period of time as the chart showed 2 divergences between the market and the RSI and MACD. when the market has turned Bullish after the Head and Shoulders pattern that appeared on the chart, people took comfort that the Token price didn't drop but today we see that multiple signs are giving Bearish Signals that could indicate that the value of Eth could drop soon. Possible Scenarios for the market : Scenario 1 : The market is trading at 3608.67 right now under a good Bullish movement that broke the first resistance line located at 3539.55. This move will probably push the ETH price to the Main Resistance zone where ETH might have a big problem breaking out from. If the Bulls were to gather force and breakout that zone then we will see a push that could bring the ETH back to the $4000 level. Scenario 2 : A big divergence was found between the Market and different indicators that show a good possibility for a reversal soon and it will start probably near the first resistance level located at 3539.55, If the reversal turns to be True then a Bearish trend will lead the ETH price down and the first stop will be the support level located at 3349.57 and then the support at 3159.59 where we might see a big battle between the Bulls and Bears over control of the market. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The RSI is at 58.74 showing Great strength in the market but a negative divergence was found which indicates a reversal in the current trend. 3) The MACD is above the 0 line indicating a Bullish state in the market with a positive crossover between the MACD line and the Signal line, A divergence has been found between the indicator and the market Daily Support & Resistance points : support Resistance 1) 3349.57 1) 3539.55 2) 3284.42 2) 3664.38 3) 3159.59 3) 3729.53 Weekly Support & Resistance points : support Resistance 1) 3341.66 1) 3737.47 2) 3109.09 2) 3900.71 3) 2945.85 3) 4133.28 Fundamental point of view : Ethereum is certainly making strides towards the Ethereum 2.0 completion. Just a few days ago, the project announced the arrival of its Ethereum Altair upgrade. To specify, the upgrade will be taking place sometime this month. The purpose of Ethereum 2.0’s launch is to fully deploy a Proof-of-Stake consensus onto its platform. This model should eliminate the platform’s long-striving issues of high gas fees, congestion, and limited scalability. "It seems like Ethereum is losing Steam. As a result, companies are looking into platforms like Cardano , which is used to build dApps, and Solana, which has seen a nearly 4,800% growth since September 2020." According to FXempire This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
by GabiDahduh
6
Current IXIC opinion and forecastsThe SPY's daily graph isn't looking as good with a few indicators that look very bearish on the daily graph. The NASDAQ on the other hand appears to have rallied out of its slump from the beginning of the day, providing a breath of relief for bullish investors, however, this trend has not been confirmed yet and suggests merely a temporary shift before continuation of the larger trend. For the current market environment, I won't be relying too much on the RSI as it provides too many signals and that becomes unreliable if you want to swing trade with minimal trades. Although using indicators the shorter time frames are a bit more unclear and speculative, what is certain is in the longer time frames, especially the monthly graph for both NASDAQ and S&P which both suggests that the markets have reached significantly overbought levels since the COVID declines; this may indicate that the markets are more than ready for a good correction to reset before more upside momentum can be made. In the daily graphs, I can currently see a bearish divergence in the peaks of the price action, in the troughs nothing has been confirmed yet as this will build itself in the next few days; this can be supported by decreasing volume over time (this I had to source from QQQ since the index's do not have volume) which indicates there are fewer participants in the uptrend. Thus, allowing me to assert some bearish sentiment for this trend as many are no longer exposing themselves to higher prices. With all that being said there isn't too much new relevant information to analyze but the most recent trading sessions help us gauge that investors are not ready to give up their optimistic perspective of the financial markets as there is yet not much pessimistic news to allow that sentiment to change. However, with important events lined up for the next few periods that may change in that time. Until then very I am neutral due to the fact that everything can change at a moment's notice. I AM leaning more towards the downside as valuations peaked and investor perspectives grow more irrational. Have fun! Henry
TVC:IXIC
by JustPlainHenry