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Rsi_divergence

S&P 500 RECESSION ANALYSIS!1. LOWER HIGHS-LOWER LOWS: price action says the actions or pattern formed by the price itself. and the people who trade in the stocks makes up the demand and supply. therefore, this affects the inflation, and there could be a major correction, if recession is announced. 2. 3200 level is getting support by FIBONNACI RETRACEMENT(0.618 AREA) 3. RSI ANALYSIS: first i thought its a rsi divergence, but it looks like rsi is yet not completed its action fully, if the markets falls further, then RSI will correct itself, and will go in the around 22 level. to make my point prove, i have drawn one more resistance line, showing RSI's resistance towards it. the arrows what i have drawn in RSI, is to say whether it is a pullback of RSI or not, but to say so, it does not looks a like. 4. DEMAND ZONE: after a recession, the next phase is depression or expansion. it does not looks like, US markets will face a depression, so i will go with the 2nd option itself(expansion), which is also know as demand zone. so the indices will enter the demand zone, which says that markets would have reached its bnottom, and can have a fresh entries. 5. FIBONNACI RETRACEMENT & WAVE THEORY: supporting the wave theory with the fibonnaci, it looks greatly the index is supporting the fibonnaci levels, and thus forming a good corrective waves. the 5th looks way clearer, and no need to comment on it furthermore. FINAL STATEMENT: hence concluding my analysis, if theres a recession being announed, S&P will reach 3200 LEVEL. AND MY STATEMENT WILL THEN BE CONFORMED IF THE INDEX WILL ENTER THE LAST AREA OF FIBONACCI, AND GOES BELOW 3500(GOING TO TOUCH THE BOTTOM OF DEMAND ZONE)
SP:SPXShort
by raghavchoudhary2016
2
📉✌BTC 3OMin Short Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first take a look at my previous analysis and positions. 💥Three Drive pattern💥 between now and the yellow area, you can open a short position in two or three steps. If the price falls and reaches the TP1 level, you can risk-free the position. TP1-2-3 are on the chart. The optimum stop-loss is above the determined area. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Short
by CrazyS
3
Bullish BTC RSIOver the last 6 years $BTC has bottomed 13 times on RSI. Of the 9/13 times x+30 has been positive with an average return of 18%. As long as there’s no Russian military conflict in the next couple days, I expect a positive return before 10/03 Date RSI Bottom x+30 1/15/16 27.26 13.63% 8/15/16 26.66 8.72% 9/14/17 29.96 31.34% 2/5/18 26.96 33.67% 6/13/18 26.96 -1.23% 11/8/18 10.77 -16.99% 9/26/19 20.66 14.48% 3/12/22 15.87 41.42% 4/25/21 31.6 -21.91% 5/19/21 22.76 -2.53% 1/7/22 28.76 2.13% 5/9/22 24.56 0.25% 6/18/22 20.06 18.30% 8/28/22 29.66
BITFINEX:BTCUSDLong
by WhiteBeltCrypto
2