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Obvdivergence

SMH shows long term signs of troubleSMH fails to make new highs since July peak going into sideways trend. This paints a picture of a long term reversal to bear side coming Comparing OBV trend with the March and July peak, we see that OBV diverges downwards while price continues indicating reversal After severe sell off in August, we see that price trends sideways failing to make new highs The sideways trend is during a typical rough time of the year, so weakness and volatility is expected Nov and Dec normally bring in strong rallies We could be simply looking at a pullback in time as ETF takes a breather from July peak, before rallying continues. The other alternative is that this may be distribution phase of a high risk sector preparing for a huge sell off.
NASDAQ:SMH
by ratchet-mint
1
AVAX Kimbo Meme coin could of bottom out from hereLooking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure Some of the fundamentals: Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment www.coindesk.com I when to dexscreener to evaluate what moving fast for meme coins - dexscreener.com - Clicked on LIQUIDTY and when sort by descending order, Kimbo is number 2 spot. The number 1 spot doesn't have much value but Kimbo has long term potential for big gains Their website is IMPRESSIVE!! So much community work on this meme coin A++ www.kimboavax.com This the big one - they actually "burning" the "token supply" so Kimbo becomes more scarce. What think going to happen with the prices when reduce the token supply? Prices go up and up and faster! If scroll down the bottom of the page for Kimbo website you see "Kimbo Merchandise" - These meme coins have VALUE! and can buy NFTs for it too Fundamentals is good, AVAX team buying into this meme coin for exchange liquidity. Most likly be listed on KuCoin and then Binance. This has pretty good volumes too and I like the charts for this great opportunity On twitter they going to expose this project to the masses on Facebook, Instragram i believe very soon. It has 18,000 twitter followers and can go pass the 50 to 100,000 followers twitter.com This poised to be the next Shib Inu, Dodge meme coin where billon and billon of dollars flood through this project Do you like Kimbo, do you think it has so much potential?
KLong
by SmallWindow
KAVA Long Idea bases on Channel, fib and OBVCheck out Kava's chart! It's positively sizzling with excitement! Not only has it just touched the lower trend line of the channel, around the Fibonacci 0.786 level (ALTS seem To love Fib 0.786), but there's also a tantalizing OBV divergence taking place! This is a prime opportunity for a potential buy signal, friends. Just be sure to set your take profit at the $1.50 area, and your stop loss below 55 cents to manage your risks. So buckle up and hold on tight, because Kava is about to take you on a wild ride to the moon and back!
Long
by DepecheGST
6
BTCUSD Daily overview on bearishness signsBTCUSD reached supply as it touched the Anchored VWAP at the 2022 high (@alphatrends insight), rejected the 23,000 price area after rising to 23,062 USD, which could be seen as a bull trap and a false breakout of the mother of all trendlines from ATH. This strong resistance combines the major trendline and the VWAP with a neckline of the 2021 bottom. Price action broke this dynamic trendline on June 13, 22 and tested it on August 15, 22; yesterday tested it and failed to break once again. From the point of view of chart pattern analysis, we can consider a massive and complex Head and Shoulders formation in the retracement phase up to the neckline, which can be considered as a partial validation signal, which can arouse more interest on the bear side. Key level for new short positions. If we double down on the head range, we might see a confluence with a Fibonacci retracement from the low of Friday-13-Mar'20 for the ATH, which the 88.6% level calls the 11.4k. Also, from a technical analysis point of view, we have a rare case of bearish divergence on this daily chart, on the RSI (not shown on this chart, but below), OBV, CCI and Chaikin Money Flow and Chaikin Oscillators. Awesome Oscillator analysis on H4: Ehlers Smoothed Stochastic plus Sctochastic Divergence H1 chart: Looking closely, if the price loses local support on a pullback in the regression channel, it is possible that we will see a pullback at least to the breakeven level in the 19k-18k range soon, for a correction of the imbalance. Price action may react positively as bulls identify this area as a buy zone. The lower deviation of the Regression Channel calls the 14k sublevel. Therefore, I see a high possibility that the price will hit the demand zone at 16k sub-levels in a corrective wave. On the other hand, if price holds 17k making a higher low, a sharp pullback could send the price action into a large contraction (triangle) formation. Intraday Triangle: Looking to the daily chart of TOTAL top 125 crypto-coins market cap we can see that the price pulled back to test the upper trendline of a bearish pennant: Psychologically, I think long-term buy-and-hold institutions may have an interest in voluntarily distributing this high level to spot traders so they can buy cheaper. Therefore, any pullback in the area of interest will be massively used by moonbois to inject liquidity. We are at a key point where market sentiment could turn from neutral to bearish. And the best choice, IMO, is to get ahead in short positions. But the scenario can only materialize with the definitions from the opening of the US Stock markets and a reversal from DXY. Mainly, I should keep an eye on S&P500 ES futures. This is merely a technical analysis to improve studies of hypothetical scenarios and not a financial advice. Best regards, Thiago Oliveira @firmestudio
BITSTAMP:BTCUSDShort
by firmestudio
11
Bitcoin Technical Analysis 2022 - Based on OnBalanceVolumeHello every one, hope you all are doing good. This is not a financial Advice, crypto is very volatile and risky, so please do research by your own before doing trade. OBV OnBalanceVolume is one of important indicator to find the volume locations/movement of volume and the movement of the price. sometimes it's hard to find out the Divergences using RSI alone, stochastic oscillator and MFI is also one good indicator to identify the Divergences. Apart from RSI, MFI and stochastic, we can find divergence using OBV too. For example, as I mentioned in the chart, the Orange Box (from Jan 2015 to April 2016) the price action of Bitcoin was roughly from 200usd to 500usd but the OBV value is showing a huge "Divergences" roughly from just 3M to 23M perhaps the all-time high of OBV is 37M. So, most of the critical volume is inside this orange zone, so throughout the life cycle of Bitcoin this volume is playing a vital role until now. According to Wyckoff theory the market movers or market makers or so-called Composite Men (Orange Box) who buy cheaply and sell at high. Ok, let's come to point, this time am making this Bitcoin Analysis based on OBV to find the critical zones of volume and where we are at now throughout the Bitcoin Life Cycle. After deeply analyzing the OBV and drawing the trendlines and channels where the volume and price is respecting more, after the massive Breakout from the parallel channel (at orange zone), Orange zone is the actual/core accumulation zone of overall Bitcoin where the Composite Men accumulated buying very cheaply and keep Distributing till now and Distribute until the Bitcoin is reset. Final Conclusion1: After the massive Breakout from the Parallel channel, the Momentum of OBV is not drastically increasing but instead its Dropping steadily. From 2016-Breakout to until now 2022 the OBV value is ranging between roughly 25M to 38M (not huge difference), the momentum of going up is Dropped and Instead of Breakout from the channel it Brokedown in the current Bear Market 2022 this is something concerned of. So most likely the OBV will keep testing and testing the top of the channel and to my guess it keeps failing and failing same as the blue ascending triangle in the chart and don't know when but, at some point of time at least once, it should test the bottom of the parallel channel. (May be this test will be the Reset point for Bitcoin). Final Conclusion2: Currently there is a slight Divergence created in OBV as price falling and OBV is showing small uptrend. So most likely soon there will be a counter move in the upside direction and test the upper line of the parallel channel. (In most cases this kind of slight Divergences happens in corrective waves when the market is selling off (during Distribution phase) and forcibly divert the market to move in reverse direction). Please give a like and comment if you have any questions. Thank you.
BNC:BLX
by nmchary
1
C98USDT Ready to break out? Bullish OBV and CVD DivergencesBYBIT:C98USDT Coin98 is currently bouncing off the range POC. If we get bullish price action here and hold this level, we could see a breakout happening. Bullish OBV and CVD Divergences are forming on the 30m and 1hr chart. We also have a massive Falling Wedge pattern. If we break out of the upper trendline, we could see big moves ahead, especially if Bitcoin breaks out and starts heading towards $35000. TP areas in the video as per levels marked on the chart. SL according to your risk tolerance. Not Financial Advice. DYOR. Papertrade before using real money. If this analysis helped you, please give it a thumbs up and follow. Trade Safely, Shawn
Long
by zartraderguy
This is an interesting OBV divergence!NIO has one final price level to break if it wants to fly back to 39 again: the 35.45. Let's all watch this point tomorrow! The 39 is the 61.8% fibo retracement. The daily chart has a divergence between OBV and the price, and this could cause a powerful movement, but it must trigger the 35.45 first.The OBV divergence would only confirm our initial thoughts. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
Biotech Double Bottom (+ Divergence & Bollinger Reversal)Technical Analysis 1. As you see in the chart, we have tested the 200ema 3 times in the past; and it has not trade below it since April 2020. We have made a spinning-bottom on a downtrend, coincidental with a 4th test of the 200ema. 2. RSI and OBV show a positive divergence as the bottom from 2 weeks ago (Test #3) was at a lower level. 3. Bollinger Bands give us another bullish signal, as the first low (Test #3) was outside the lower BB, and the second low (Test #4) was inside the lower BB. Trade Setup A break below Test #3 which is $142.47 could be a potentially good place to set a stop-loss exit. Short-term target to the upside --> $160.5 Mid-term target to the upside --> $170 Trade with care
NASDAQ:IBBLong
by dorfmanmaster