Hi Traders! On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse. So it's time to take a short position to book some profit. Entry SHORT - 45 USDT TP - 42.75 SL - 46.62 Risk/Reward Ratio - 1.77 :)
here we have 2 scenarios of Bullish and bearish, the price action shows a higher chances of bullish rally but at the same time we can see Bearish Divergence on MACD, so we can wait and see or use this chart as a template and apply your analysis and find your confluences with it and choose a side personally I am bearish on it but as I said there are risk on this...
IWM has clearly benefited from the “sector rotation” out of tech, but I think this run is about to fizzle out. The run up was on a dwindling volume. RSI is currently way overbought. The MACD and Stochastic combo are signaling a divergence. Couple this with a potential bumpy week ahead- FOMC, bond yield, and the spooky quadwitching- and I feel like IWM is a prime...
Mac D Cross on 4 hour chart makes it bullish for a run.
Price has continued to make lower lows on the monthly, while the stoch & MACD indicators have continue to rise, which should imply bullish divergence. Interested to see how it plays out. If you assume price will hit the kijun-sen on the ichi moku before rejecting thats a ~1080 point movement.
- Multi-Year Resistance Line Break Out with very High volume (very rare) - Inverted Head & Shoulder (Bullish) - MACD cross over as well
The ETH/BTC pair has been consolidating in a falling wedge through the month of Feburary and is well-positioned to break out to the upside. The price is nearing the VPI point of control and 0.5 Fibonacci retracement level, so we can expect some volatility if a break out does occur. Furthermore, the Stochastic oscillator is oversold (now trending up) and there is a...
Good Morning! In my opinion, Dollar General ( DG ) will have a nice move up if it can complete the bullish cross on the MACD. There is very strong bullish divergence happening on the 4 hour timeframe. There is also some bullish divergence happening on the daily. If we can hold above -4.45 on the daily MACD this could be a great swing opportunity as well. What are...
With Gold falling below its November low of 1862, we might get short term bearish on the price of gold. HOWEVER Bond yields are rising for 2 potential reasons; economic growth or inflation outlook. Though short-sighted wallstreet may think a major recovery is on the cards, the US market was in dire straights before covid already. Inflation prospects is thus...
Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price forming rising tops/bottoms ~upward trend~ and has been respecting this channel. So far there has been no disagreement with the MACD, if any, even better to confirm this bullish leg. Exponential Moving Averages taking parallel...
The SPY has been trading in an upward parallel channel since November - briefly dipping below during the selloff last week before sharply recovering. I believe the market is due for a more extended correction for several reasons: - The MACD and RSI are both displaying negative divergences, which is a bearish signal. - Furthermore, the On-Balance Volume (OBV) is...
NYSE:SNOW keep close eye on SNOW, currently on the last wave of five, and 4 hr MACD already shows divergence, if Tech rebound, SNOW will form a pretty support for the days to come!
APT has seen a nice bounce off the lows at the trendline which is confluent with an 886 fib retracement with Bullish Divergence on both the RSI and MACD and now it's breaking local resistance I believe we will push towards highs from here.
As illustrated in the chart ETHUSD has completed its cycle. On the other hand MACD has shown a divergence. So it's starting a correction that can be ended in zones I marked.
APT has been forming Higher Highs and has been in a superb uptrend but now it looks very risky at such elevated levels. As we can see that it has been supported by the upward trendline, we should also notice a Bearish Divergent MACD Cross which indicates that the Bullish Momentum may be running out of steam for now. I believe that if we see the trendline break,...
Swing trading using candlestick pattern indicators, double DMA and MACD. Buy and Sell on MACD crossings. Try at different time frames according to your risk tolerance.
So the idea was based on RSI and MACD indicator divergence, if the price break through the red line maybe it would pump to a higher price
NANOBTC (Nano) was one of the first ones to move after Dogecoin, Siacoin, and DigiByte... We have a strong breakout yesterday. Even though we are witnessing a retrace, prices closed above EMA50 and the growth can resume in just a few days. Strong bullish divergence with the MACD: The RSI is above 50. The highest trading volume yesterday since July. There is...