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Bearishdivergence

Sorry BTC, but that, is Out of Bounds.========================================== BTC/USD CoinBase, WEEKLY Chart. EMA 21 = Orange Green = SMA 50 Yellow = SMA 100 Green Rectangle = Best case scenario trading range. Purple = Great value for DCA. ========================================== BTC appears to have broke it's immediate uptrend and broken below the Weekly EMA 21. There is little chance the bulls close above it, but if they do, they still need to retest the ATH and possibly challenge the previous trend line. While there is a chance, based on the US Feds wanting to taper faster and sooner, and the US stock market has barely begun to pull back, I doubt it happens. I give the bullish scenario a 2% chance of happening. If this were the case, I might personally take some profits just around 59,850 - 59,950 range to avoid having to hold for full losses if the super bullish scenario to break the previous all time high fails. A bit more sensible approach might also include buys at 45,000.00 and 35,000.00. I might leave those open orders with the hope to have them filled, just to hold more BTC in the future. Everything seems great, but there is one last tidbit... Any break of 28,000.00 would send a retest possibly of 18,000.00 to 20,000.00. If that risk sounds fine, do with this information what you will. Additional indicators supporting bearish scenario are the Bearish divergences on both the RSI 14 and MACD. The Weekly MACD crossing into red territory. The RSI has not shown a V or any type of recovery, so there is still the oversold scenario and as you can imagine, if it's not oversold yet, how red can it look? Only with time can we be 100% certain. With that said, None of this is financial advice and I have decided to return to chart purely to challenge myself and improve. I hope to release one update and possibly one trade idea each week going forward. Do with this information what you will. Good Luck to everyone out there and may your chart moon more than Luna.
COINBASE:BTCUSD
by gendark2
1
ES1! + VIX possible reversalWhat's bearish: - Rising Wedge pattern - Rejection of the 200MA - A decrease in volume in the last 2-3 trading days - Bearish divergence (red line) - Falling wedge pattern on the VIX (image in the comment) This is a pure technical standpoint, it has nothing to do with fundamentals or the market sentiments Me: Hello I started with stocks 1 year ago. After analyzing many charts, I have accumulate more experience than a newb. Now I'm a newb+. Pls feel free to give me feedback
CME_MINI:ES1!
by gmurugneux
UNISWAP BEARISH DIVERGENCE 4H TIMEFRAME. SHORT POSSIBILITY!Picking up from where we left on our analysis on UNISWAP yesterday (linked below), Price looks to have broken above the pennant whilst forming a bearish divergence in the process. Could be a short opportunity and will most likely be a fakeout until invalidated of course. Trade Idea; Wait for price to close below resistance before going short. Enter with a stop-loss above rejection and target support of the pennant. If you agree with this idea, pls leave a like as well as your thoughts in the comments section. As always, feedback is appreciated.
Short
by RektMyMom
2
S&P500 Fall Time (Over Bought)Hi as we ca see we have a Bearish Divergence between Price and MACD which is a sign of trend reversal and retracement . we have Price Action analysis with FIbots and Divergences which is having Confluences with each other and it can be used as some certain levels and Targeting areas we have specified some levels as our targets and a time speculation indicator and it can be even earlier to the specified time in the time forecasted. there are lots of fundamental reasoning behind this market correction too we can point at some USA's political havocs and Biden's Impeachment and probably China's market war on US... please comment you ideas
UShort
by BitonGroup
2
EURUSD Bearish Divergence and Shorting Chance Hi as we can see this pair had shown a Bearish Divergence with MACD which is a sign of reversal and bearish trend to start and fall of Euro which i have specified it with Blue Arrows on MACD and Price i have used Fibonacci Retracement Tool to forecast its fall and Specified the Fall Depth with a Green TP zone i have also specified a SL line around 1.25 which is a good enough renege zone and free play space for the upcoming Fluctuations if any please comment your ideas and opinions
Short
by BitonGroup
13
GBPUSD Bearish Divergence, Shorting Chance for Swing Traders Hi as we can see in this Daily chart that we have reached a consolidation area in GBP where we are now reneging in a monthly resistance Zone and there are total of two Bearish Divergences forming with MACD, where MACD is making Lower Highs and Market is Making Higher High which is a sign of trend reversal and end of the GBP bullish Rally and start of a retracement or even a trend reversal. both Divergences are specified with Blue and Red Arrows on MACD and Market for better comprehension I have used Fibonacci retracement tool to find out the areas where it can retrace to. there are total of two divergences and two Fibonacci bullish waves I have specified two targets to achieve or two points to retrace the wave you can also see a Stop Loss level has been set on the chart so we can have some good Risk to Reward ratios (RR) Minimum of 3.5:1 up to our 1st TP zone and we can manage the positions by trilling our stop as the positions progresses First TP can give you 400 Pips Second TP can give you up to 1000 Pips enjoy. please comment me your opinions
Short
by BitonGroup
2
SBUX Running out of SteamWe have a nice Head $ Shoulders pattern which is ready to break . On Weekly time frame a bearish divergence occurred. We are targeting the 96 price level. SL just above 110. Entry when the support breaks. If you like the idea, do not forget to support with a like and follow. * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲 𝗮𝗻𝗱 𝗶𝘀 𝗳𝗼𝗿 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗼𝗻𝗹𝘆! 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
NASDAQ:SBUXShort
by preduta
1
$SPY Careful Kings Bearish DivergenceWhat's interesting is IWM looks bullish, while SPY appears bearish to me in the short term. They never make it easy, and with big numbers coming out (GDP, Jobless Claims, Oil/NG inventories, etc.) tomorrow we could see a pop then a drop. Bearish divergence leads me to be bias towards 456 zone in the next 1-5 trading days similar to May 4/5 price action. I'm hedged short with SPY puts, with other longs in the longer term (DEC and 2022 Opex) looking to go Net long after indicators show bullish confluence.
AMEX:SPYShort
by FriscoTrades