Bearishdivergence
TPOR Triple leveraged Transportation ETF SWING LONGFundamentally, the stabilization of fuel prices helps push things down the road.
A possible rail strike if no averted by Congressionaly action will cause a big macro effect.
TPOR was downtrending into the end of September then reversed starting a trend back up.
I see this as a good long swing buying initially now and then every time the price
pulls back to the Hull 150 moving average trend line in back or even drops below it
when the faster moving average ( Hull MA 20 in Blue) reverses from going down to
up or crosses the long MA from below. I will exit when the relative strength tops out
and shows bearish divergence.
CHZUSDT - SHORT - BEARISH DIVERGENCEHello Hello Trader ,
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Thank you very much.
Here we go ,
I want to tell you about the CHZ-USDT hidden bearish dívergence.
On this chart ,
We can see, while the price is going down, the RSI is moving up. This is called bearish divergence. So it's likely for the price to continue going lower on a short-term basis.
All further details are shown on the chart.
Goodluck!
USDJPY At Monthly Candle Close Resistance and Bearish ButterflyUSDJPY is slightly above the PCZ of a Bearish Butterfly and right at Monthly Candle Close Resistance with Bearish Divergence on both the MACD and RSI this will be the last line of defense for the JPY.
Here below you can see the Monthly S/R zone:
A potential divergence between S&P 500 and VIX.A lower low in the VIX not confirmed by a higher high in S&P 500 is a potential divergence. Previous tops and bottoms have seen similar kind of divergences where either one of the two does not confirm the move and hence results in a trend reversal.
Note- This is not an investment advice.
OXY: 3 Line Strike If The Week Closes Like ThisWe have 2 instances of MACD Bearish Divergence along with some RSI Divergence and a potential for there week to confirm a Bullish 3 Line Strike if the weekly can close below the last 3 bullish candle bodies. Based off of this i think Occidental Petroleum will be coming back down to $35.00
$TSLA Is Still Likely Heading Down To $38.60 From HereThis is an Update/Reminder of a Previous Similar Bearish Idea I had on $TSLA before the stock split. I'v felt that it is necessary to post a fresh updated readjusted chart to account for the post-split price action. If you want to compare this chart with the original chart check the Related Ideas Section Below.
$TSLA as we look at it today continues to Bearishly Diverge at the PCZ of this Logscaled Bearish AB=CD and has formed a Bearish Head and Shoulders Pattern at the Highs. The target pre-split was $38.60 but post-split i can now seet going all the way down to even $13 or lower, however to be conservative i will continue to target $38.60
4 Hour Bearish Bat with RSI Bearish Divergence on USOILFrome the looks of things we have some Bearish Consolidation going on right now and the Bearish Bat is hinting to me that the 800 EMA will act as Resistance. If we break through the Demand Line of the structure i think USOIL will Begin an Accelerated Movement down to atleast $71 in the short term.
$ETH - Following the similar PATTERN to Dig Down !Hello my Fellow TraderZ,
If you see $ETH #ETHEREUM - it is similarly like the last time when the price got rejected by the Downward TL. If the Rising TL (RED ARROW) breaks, expecting the price to test atleast the support level of $1420-1370. This move likely be supported by the Bearish Divergence formed on RSI on 4 HTF.
This is looking obvious also because after breaking the level recently price never came back to retest the level. So this pullback could be Positive also.
Invalidation level - breaking of $1650.
CHEERS!!!
Justin Sun's new scam. Technicals are bearish.First of all, there is a bearish divergence on the OBV
Second of all BTC HT shows incredible overbought status in stoch and RSI
Third, it reached resistance from October to November
Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token?
Fifth, Justin Sun has 1~3b in assets, he can't pump much further
Sixth, pattern shows Rising wedge which is bearish
Something is fishy here! The prices are fake or manipulated by Huobi. Something doesn't click. This pump is completely against the technicals. What's going on here. Sue Huobi.
BTCUSDT Deep Crab, CMF & RSI fractalAs we can see on this 1D chart, BTCUSDT can be ready to drop as Chaikin Money Flow and RSI correlations seems to be close to repeat signals for a potential drop. A target for this possible impulsive bearish wave is a Deep Crab harmonic pattern aiming the bottom from this consolidation. A strong pullback can occurs @ the support area. For an effective signal to exit of this trade the LSMA of 28 periods breakout can be a good indicator to avoid of a non-profitable consolidation phase after a potential 10% average downward. All the profitable trend tends to stay below 28LSMA due to the oversold condition on RSI. All the key levels are displayed on this chart.
EURCHF: Bearish Skart at ResistanceIf you ignore the wick we got on the 22nd, we have a near perfect looking Bearish Shark on the 4 Hour with the PCZ lining up with the top of the Daily Range and some 4 Hour RSI Bearish Divergence.
I think it could later setup to be a Bullish 5-0 where it would Bullishly Continue up after making a 50%-61.8% Retrace from Low to High.