In Bitcoin we find a very pronounced, hidden bearish divergence. The on-balance volume is trading at a higher level than at a BTC price of almost USD 69,000. These hidden bearish divergences tend to result in significant price losses. Experience also shows that the more pronounced the divergence, the greater the price losses. Against this backdrop, we expect the...
The recent rise in gas prices is likely to be due to a technical reaction to the previous downward trend and the geopolitical situation. Since it is well known that "the trend is your friend", the question arises as to possible price targets for any long trends. An area of several open intraday gaps from mid-July 2024 is a good place to start. If we choose this...
This setup takes advantage of strong hidden bullish divergences in the USDJPY in the H4 to H10 timeframes, i.e. in the large timeframes. I have refrained from showing the OBV here so as not to distort the chart too much. In this trade, we use the fact that there is still an unfinished auction in the area of the price target and that there has been stable buying...
Another short setup based on a hidden bearish divergence in the OBV. We also expect price losses in the Health Care sector in the medium term up to the range shown.
Ocugen found clear buying interest in a support area, where the price also closed an open gap. As there are still net long positions at the highs of May 2024, we expect Ocugen's price to rise significantly in the near future.
In this setup, we take advantage of a pronounced bearish divergence in the Amazon share. We are not targeting the low of August 5, 2024 as the price target for a short position, but rather the wick of August 6.
An impressive bull rally in the NASDAQ, isn't it? However, the extreme hidden bearish divergences in the OBV are striking. It is rare to see such an extreme divergence and all buyers should be warned. The NASDAQ is currently reaching the first significant resistance level. It will be interesting to see how the market will behave at this level. The divergences...
Even though Intel shares have been beaten up in recent months, the stock is still not a buy! The OBV already shows clear hidden bearish divergences after the recent, hesitant recovery, which point to further price losses.
Another setup for NVIDIA based on a pronounced hidden bearish divergence. We have specified a minimum price target here. The divergence is very pronounced, so there is a very high probability that the NVIDIA share price will dip below USD 100 again.
This is a longer-term long setup for Solana: it is based on a hidden bullish divergence in the OBV. We have chosen the D2 timeframe so that the trade should unfold within around two to eight weeks. The setup does not contradict our bearish analysis for BTC, which is based on the H3 timeframe. Accordingly, Solana could also initially fall back to around USD 150 or...
A simple short setup with good RRR in the Dow Jones, which takes advantage of both normal and hidden bearish divergences.
Price stalls at the .618 retracement, so let's short this currency pair.
Let's make it short and clear here: the correction in the NASDAQ is not over yet. A look at the VOLDQ shows that the inflows were very low - although the NASDAQ recovered more than 650 points from the low. Any recovery therefore stands on feet of clay and runs the immediate risk of falling victim to another violent bear attack.
The recent COT data indicates a sharp increase in stress levels in the VIX. This suggests that market participants are preparing for a rise in volatility, which is usually associated with falling stock prices. Looking at the COT history of the VIX, we can infer the stock market movements during similar stress level increases (green horizontal line): We observed...
The NASDAQ continues its downward slide unabated. Today's NFP should point the way forward. In view of the massive sell-off, we expect at least a temporary recovery in the near future. As arguments we cite the important support zone in the QQQ at $ 449.65 as well as the massive and excessive buying of put options yesterday for options expiring today.
The NZDUSD currency pair shows an exemplary three-point divergence in the RSI. This signal offers the opportunity for a lucrative long trade.
With its quarterly results, AMD seems to have saved the semiconductor sector - at least for the time being. This means that NVIDIA also has a chance of recovery. This trading idea uses the obvious downtrend line and a hidden trend line as a price target. The bullish assessment is underpinned by corresponding divergences in the PVT indicator.
In Crowdstrike, the damage is done: The market reaction to the technical glitch has already been harsh, but in the long term the company could be in serious trouble. In the age of memes, Crowdstrike has become synonymous with the vulnerability of the digitalized society in less than 24 hours. The loss of trust is likely to have a lasting impact on the company's...