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Rsi_divergence

GBP/CAD: Break-Out bullish rising wedgeGreat Britain Pound/Canadian Dollar was in the downside, but in that point, I see that GBP it's look with a chance to climb in this week and I see a good position to long. The price it's into this symetric triangle, but as we look very carefully, we break out this bullish rising wedge and this resistance diagonal was broke up. This it's the H4 timeframe and we see a bullish divergence in the RSI indicator making lower high and price action lower low. And also, as we break out this gray zone that I mark with 3 blue arrow, this it's a key zone to watch and possible pivot point to look as manipulation incoming. I put a long position in GBP/CAD now in the $1.5764 GBP and SL to $1.5726 GBP and target to $1.5880 GBP. I hope that this analysis support you Good luck!!!
Long
by harisonhbn9718
4
Muthoot FinanceHello and welcome to this analysis on MUTHOOT FINANCE cmp 1130 After peaking out in NOV 2021 it gave a Head & Shoulder breakdown in JAN 2022 which lead to a Bearish Alt ABCD 1.6x breakdown. Now after completing its Bearish Alt ABCD it has reversed with a Bullish Harmonic Alt Shark with a Long Legged Doji candle and a Positive RSI Divergence. It could bounce back to 1200 (initial target) to 1275 where it might retest the falling trend line. The pattern would be considered invalid below 1070
NSE:MUTHOOTFINLong
by Dinesh_C_Nagpal
2
ALTCOINS WILL BE DESTORYED EVEN MORE?This is another renko charts. This time it's btc.d (dominance of btc) with 0.5% block size on the 1d. We can observe something similar to a falling wedge pattern with clear bullish divergence on RSI. Since start of 2022 we saw a decent correction in btc pairs but still a lot altcoins looks alive. ETH/BTC pair for exemlpe. For now the dominance is slowly rising and it needs to raise up to 45% just to test the upper line. Will there be a break out? We don't know yet, but bullish divergence is telling us, that it's getting ready for something. So are we going to witness altcoins meltdown?
CRYPTOCAP:BTC.DLong
by FallingWedge
6
AltsCoins Pump SooonBTC.D 3hr Chart Analysis. Fibonacci Retracement Showing Something . BTC.D Also Showing RSI bearish divergence in 1d Chart. I am Showing Question Mark In Chart Tell me Your Thought in Comments Box Pump or Dump BTC.D See Chart for More Details This Time Wait & Watch #BTC.D movement Guy's Don't Forget to put SL in your Trade in this Market movement I hope friends you understand my analysis. Me & my Team trying to best analysis for you Friends. ~~Please Support Friends~~ (Not Financial Advice) ~~Best Of Luck~~ !! Thank You My Team !!
CRYPTOCAP:BTC.DShort
by Sharmaji14u
2
SPX temporary bottomThis could be a temporary bottom for the Market. First we have a divergence both on the Stochastic and the RSI. The price bounced of the trendline and the Fibonacci(Bottom of the Corona Crash and all time highs).And on the Weekly the price closed outside of Bollinger bands which could mean that the price is oversold in a way. But this is not the market bottom, far from it. The situation in the world is unpredictable and unstable. Another reason are the Elliot waves on the weekly chart that I posted showing where the price could go.
SP:SPXLong
by BernardPupacic
1
BTC on Track for its 8th Consecutive Weekly Loss Are We OversoldBitcoin (BTC) is on track to record losses for the eighth week in a row, the longest streak of losses in history. Before this streak, the previous biggest consecutive weekly losses were recorded in December 2014, when Bitcoin was worth just a few hundred USD and was down for five weeks in a row. Is Bitcoin Oversold? Despite the severe sell-off, Bitcoin is still not oversold, according to the most popular momentum oscillators. Bitcoin’s current weekly RSI reading of 33.67 shows that we aren’t oversold just yet. The RSI oscillator would need to fall below 30, or even 20, to be considered oversold. Meanwhile, the stochastic oscillator has entered oversold readings, but unlike the RSI, it has the tendency to stay in oversold readings longer, as it is more volatile and quick to react. By comparison, in 2014, after the record weekly losses streak, Bitcoin consolidated for 31 weeks before it resumed an upward trajectory. Looking forward: The Bitcoin sell-off can slow down in the near future, and we might see a temporary bottom around the $30,000 considerable round number. However, in the long-term, the correction can extend all the way to $20,000, which is a massive support level since it is the all-time high reached in the 2017 bull run. A fall to $20,000 would also allow the RSI oscillator to reach oversold readings.
BINANCE:BTCUSD
by cryptohopper
A long-overdue small-cap reboundThe small-cap Russell 2000 Index has been the underdog among the four major US indices since last year. Its post-pandemic rally halted in early 2021, and subsequently, it went sideways for more than a year without making new highs. Meanwhile, the tech darlings continued to go north all the way until the beginning of this year. The first half of 2022 has been marked by widespread risk-off sentiment and a precipitous drop in the US equity market. After being down almost 30% from the high, we now find the Russell 2000 Index at significant technical support levels that we believe a meaningful rebound will likely ensue. The Index has bounced right at the 50% Fibonacci retracement level near 1700. We also observed bullish RSI Divergence where price made lower lows, but RSI showed higher lows, suggesting the bearish momentum is waning and at the cusp of a reversal. Entry at 1806, stop above 1680. Targets are 1880 and 2100. Disclaimer: The contents in this idea are intended for information purposes only and do not constitute investment recommendations or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios.
CME_MINI:RTY1!Long
by inspirante