RSI_Trading_Concepts

RSI_Trading_Concepts Updated 

Buying EURONEXT:ALGO has peaked through Macro resistance for the first time in a long time, and it is an awesome blockchain!

RSI_Trading_Concepts

I'll be watching Algorand over the next few weeks on the weekly chart. A weekly close above .30 would signal a .65 target. Go Algorand!

RSI_Trading_Concepts

Support/Resistance Quarter liquidity zones using RSI High/Low scheme. BTC is getting rejected from the 50 RSI level the period is set on 50 on this chart type. probably going back to 48K possible 42K region. Moving average is 91 and 365 SMA moving averages, and the R/S are set to 91 periods.

RSI_Trading_Concepts

Weekly BTC Close not a good week for BTC closed under the weeks low on a closed basis.

RSI_Trading_Concepts

Gold Head & Shoulders forming Target set.

RSI_Trading_Concepts

Looking at BTC RSI using a 50 RSI Length and has falling in Bear RSI Zone I believe it will keep rejecting at the 50 level. There is hidden divergence here on the Daily but until the RSI flips, I think we break gown here. Look for a Bear flag to develop here.

RSI_Trading_Concepts

ADAUSD H&S Target but watch rising Macro trendline.

RSI_Trading_Concepts

H&S Target for DOTUSD but watch bullish Macro rising trendline

RSI_Trading_Concepts

Every time the MACD crosses down, price reverts back to the 200 SMA IN IT'S HISTORY. BTC Weekly MACD signal cross

RSI_Trading_Concepts

TVC:US10Y Ouch, 7 rates coming. 12-month chart and next level is 7% give or take, not good.

RSI_Trading_Concepts

This is your risk low; ES has divergence I'm thinking it has time to breath and chop in here before breaking the camel's back. The heard is saying lower so I think it will chop in here this week then we'll see. If this low breaks lower we go.

RSI_Trading_Concepts

Looking at the NQ Daily futures we're still holding the daily low, price might want to take a breath before going lower, upside target is the higher low 'blue line" 15352 area, then down to test the low and probably break the low. We did close a lower low on the week time frame but not a lower low, keep that in mind.

RSI_Trading_Concepts

Bitcoin put is a new Lower Low on the RSI since its previous pushup to ATH recently. 11/18/18 was the previous Low of the RSI, new RSI low was set 8/18/23. RSI still hasn't had a new High of the RSI since 12/7/18, Price was 16600 closed bases, which has been a good support. Support at 20960, Resistance at 35091. These are Daily RSI Views.

RSI_Trading_Concepts

NQ Futures 4-hour TA chart You can see NQ broke the 60 RSI level and had a drive of hidden divergence. Looking for NQ to test the overbought level again. Then a big move to the yellow support or if it breaks the overbought level watch out. 15420 was a great level yesterday for a long entry. Watch that level.

RSI_Trading_Concepts

ES!1 Spy Futures 1hr time frame Heiken Ashi Candles 3 drives of Bear divergence 1- Resistance 4536, thinking ES futures will test this level first. 2- Support 4514, break support 3- Support 4481, bounce support Resistance 4607, test support

RSI_Trading_Concepts

ES has Hidden Div that played out this week. looks like it's going to test the local high.

RSI_Trading_Concepts

Below are images of ES1! Futures with Divergence playing out, images are of the 3M, M, W, and Daily. I believe for the 3M is correcting all the way to $2919 support. This will take some time to get to this level with a few bounces. 3M: Support at the Higher High RSI level. Month: Divergence playing out after July crossed the Higher High RSI level. Support at...

RSI_Trading_Concepts

BTC Daily Target $25127 Today's price action confirmed yesterday's breakdown with price and RSI. Price shot under the last Lower High "Blue support", which now turns into Resistance. Next support is the Lower Low "Green" at $25127. Price is currently above RSI Low $25127 so look for Hidden Bullish Divergence to confirm. RSI has confirmed a new low, look for...