Closed all positions I still had open when I ended the livestream at target.
QNT Has printed a double top with a significant divergence on the 2 hour time frame. Target is the area of support around $125 - stop loss above the box.
Sand has formed a double top at around $4 with a 12 point decrease in the RSI on the 2 hour time frame. That it's recovered to nearly it's previous local ATH with a huge decrease in momentum is a big indication it's due for another significant pullback in my opinion. The 4 hour chart shows a similar pattern giving further strength to this assessment. My belief is...
Similar to the pattern looking to be forming on LUNA, we have a double bottom pattern looking to be forming on ATOM. This has a non-true RSI divergence (lower low below 27.32 was not formed on this most recent fall). With continued uncertainty in BTC and markets in general, I would be cautious of long entries still. You also have a small bullish divergence between...
Near has printed a double top on the 2 hour time frame with a 4 point bearish divergence. The double top also formed right where price rejected a couple days ago on the initial recovery (which may also indicate a potential M pattern). The 4 hour time frame is also in divergence, but only at about a 1 point. Near falling from this level would be in line with...
FTM has printed a double top with declining RSI - this is not a true divergence since it did not form a new higher high on this mornings jump missing by a few cents. Targets would be areas of support or FIB levels: Support: 2.17 Fib .618: 2.06 Fib .764: 1.96 Support: 1.92
I'm hesitant to even label this a true divergence given they're almost a week apart and I prefer divergences that happen within a few days on the 4 hour time frame. I would also consider this risky given the continued uncertainty in BTC and markets in general. It is very intriguing, however, given that this coincides almost exactly with the .5 fib retracement from...
Sadly missed yesterday's upward trigger and 10% runup, but price has now triggered a significant bearish divergence on the 15 minute timeframe. It would be logical that we're in for a pullback given how quickly we ran up. I'm also trying out a new indicator that triggered towards the downside, though a weaker signal on the indicator itself, paired with the...
Major RSI divergence on the 15 minute level (17 points!) with a triple top, plus a minor divergence looking to be forming on the hourly (about 2-3 points), with decreasing volume and after a massive run-up in the last several days. Only area for hesitation is the RSI being flat on the 4 hour chart, however, BTC is starting to look weak again, which would help push...
CRV has printed a 4 point bearish divergence on the 15 minute time frame at an area that has served as support and resistance on the hourly time frame. Neither the 4 hour or 1 hour are bearish which makes this a risky trade. Targets would be 2-3%. Get in and get out with quick profit if you decide to take trade since the higher time frames are not divergent.
FTM looks to be forming a double top on the daily chart with declining RSI - not a true divergence as it has not yet made a higher high, though a pop above 3.158 would print that. We are currently at an 8 point difference in RSI when were at the same price levels about a week back, which is a very, very strong divergence (again, not true divergence) for the daily...
Large bearish divergence has formed with likely double top on the 2 and 4 hour chart at previous ATH. This could be a good opportunity for a short. If you want additional confirmation, you can wait for candle closes below the box for entry. 5-10% should be relatively achievable targets with aggressive targets at the .382 fib around .435 or the .5 fib around...
15 Minute bearish divergence with decreasing volume, but a pretty strong uptrend on higher time frames - hourly time frame did not have any divergence. Comfortable targets would be to get in and out with 2-5% profit, however, if bitcoin starts retracing again could extend for bigger targets in the 2.20-2.30's.
1 hour bearish divergence with decreasing volume, but on a volatile day and a volatile coin that can easily run if volume comes back in. Comfortable target would be about 5%. Aggressive targets would be the .382 or .5 fib retracement levels.
Massive 4 hour bearish divergence and double top on the 4 hour chart right near the previous ATH, where we would expect resistance. There's some small divergence on the daily chart as well, but those typically take longer to play out. Comfortable target points could be anywhere in range of below 40 down to the .318 Fib level at around 35, which I would expect to...
Rose has had a major run up in 24-48 hours and looks to be loosing steam. There is strong bearish RSI divergence on both the 1 hour and 15 minute time frames, as well as a series of lower highs, along with a recent rejection of the downward trend line. Stop Loss: Above .4 Targets: Support Area (Blue Line): Fib .5: .36685 Fib .618: .35796 50 or 200 MA: .377 or .355
Looks to be a double top forming with RSI divergence on the 15 minute time frame. Would target 2-3% conservatively and as low as the daily low for aggressive target - targeting either of the 21 or 50 MA for middle targets.
A bearish divergence formed on the 1 hour at the 200 smoothed moving averaged (which is typically an area of resistance) and what appears to be a double top forming on the 15 minute. I'm entered now and targeting a 2% scalp with exit around the VWAP at 89.75. Fib retracement to the .318 could be another exit point around 86.57.