There was resistance found off the weekly MA and then not long after we broke through the support and we are now getting rejected off the weekly trend line that xrp has been riding since last year. If the rejection continues at the current level and its unable to break back above 0.34, then the current bearish momentum will take us lower, below 0.28 in the near term.
Simple Bearish Flag breakout and Retest. Will be falling hard soon
Divergences on daily should be good for a nice dead cat. Higher time frames do not suggest this is the bottom yet. Divergences on multiple indicators including the OBV, which is a leading indicator. If divergence fails exit quickly. Bearish trend exhausted for now, with the potential to resume after a return to the mean. Previously failed divergence on the OBV...
since the beginning of April Ucad has been stuck in a 104 pip range and has created confusion with my analysis. however, I believe we are looking at a stretched out flat correction starting 7th march to now so we can get our final leg up before we get the expected drop. the pattern that was developing during the month of April I identified to be a WXYXZ and will...
-RSI Negative Div. -Macd Negative Div. -Bearish Candles -Reaching the apex of the Rising Wedge I'm gonna short this mf after the confirmation
84 is pretty Good resistance Region, Let's see whether It's going to hold resilient or break upside...
Original post on Twitter & Discord. Fast entry on rejection of new highs. This is a journal for my own records. Divergences on 1 & 3hr + false breakout with rejection. Fast market entry. 3rd attempt at trade. Current profit is 8x loss from stops on previous attempts. First attempt was on RSI&MACD div on 1hr + exhaustion, but was opened after signals had begun...
EURJPY short trade Break/retest of trend line Head and shoulders Daily showing multiple dojis at top of an uptrend Daily rejection of 50ema This is just my analysis. I do not actually trade this pair but it looks like a great set up.
The price of crude broke and confirmed the upward break of the resistance area between the low area identified by the two EMA 20 and 200 daily periods. Two EMAs have crossed upwards, at about $ 59.20, and the high zone, where finds at 61.60 $ the 23.6% of the Fibonacci retracement. From resistance to support Technically all these resistances have become key...
this just a pull-back trade to take advantage of that
1.Price did come to important resistance level. 2.Price did break major trendline 3.Price did break short term trendline 4.Price create pulback to 61.8 - 78.6% fibo retracements , 3rd wawe of eliot start 5.Price close 2 times below the pivot, 2 red large candles. Possible targets half 38.2% and 50% fib levels . Good luck! :-)
BINANCE:DASHBTC Price action and indicators showing this could be a good time to go short Entry Point: 0.02300 Target Point: 0.02284
EC trading in a zone, long term bullish bias, however, this zone has held before. Going for a short trade.