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Macdivergence

Bitcoin as Water. Will Bitcoin move towards less resistance?Hello, The volume profile of this chart with 4-hour candles indicates two levels where high trading interest can be found. One of these levels is the orange level, $91.5k, around which Bitcoin built a strong support zone. The other level is the red line, $98.5k, where BTC has a strong sell zone. I expect the price action to unfold between these two zones. You may ask which would come next. The current price, $97.1k, is closer to the sell zone than the buy zone. Hitting the sell zone requires less effort than falling into the buy zone. A few people observed that the market often moves towards less resistance. This lesser resistance is now moving into the sell zone. Furthermore, MACD goes up like a bullish trend, which means technicals contribute to BTC hitting the sell zone next time. The white trendline on the chart can act as additional support, which means for BTC to fall into the buy zone, it has to cut down the white trendline. Again, the less resistance for the price would be not to cut down the support trendline, but to pump into the sell zone, which is open from the bottom up without additional resistance standing in the way. Regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
SUPERSuper has been powering through the uptrend since the beginning of September. Today, the chart indicates strong buying volume that strives to break resistance to the next resistance level. There is a red candle stick with a long wick and shorter body and a green candlestick with a long wick and longer body, indicating future bullish momentum. Indicators show lots of buying power, which will help with the upward trend for a future breakout. Support - $1.24 Testing Resistance/Possible Support - $1.35 Resistance - $1.42 Fear & Greed Index (Binance) - 65 Greed
KRAKEN:SUPERUSDLong
by LOWCO_487
4
BTC: MACD Signals Aligning for a Potential Buying OpportunityLooking at several factors in parallel, BTC’s MACD is showing promising signs. The fast-moving average has started to curl up, suggesting a possible bullish cross above the slower line—typically a strong buy signal. The histogram has also been in the red for several weeks but is now curling upward, and we could be looking at our first green week. However, the lack of a significant volume increase means there’s no clear confirmation of a trend reversal just yet, and we aren’t seeing the momentum required for new higher highs or all-time highs. But if these signals continue to align, this could turn into a fantastic buying opportunity. The question is: will you take buying or selling actions based on these signals?
by cryptechcapital
EUR/USD Long Counter-Trend Setup (4H/8H Timeframes)I’m looking at a long counter-trend trade on EUR/USD based on several technical confluences across multiple timeframes. Market Sentiment: Currently, risk sentiment is “risk-off,” which has pushed the dollar higher, but now we’re seeing signs of a potential reversal in both EUR/USD and the Dollar Index (DXY). Key Observations: Engulfing Candles on the Daily Timeframe: Both EUR/USD and DXY have printed engulfing candlestick patterns on the daily chart. This could signal a potential reversal, with the momentum shifting in favor of EUR/USD. Monthly 20 MA: The 20 MA on the monthly chart is being tested on both EUR/USD and DXY, adding to the importance of the levels we’re currently observing. A bounce or break here could trigger significant moves in either direction. 5 EMA Hit Probability: On the weekly timeframe, the 5 EMA lines up with my 4H target. Historically, if a session doesn’t hit the 5 EMA, the next one has a higher probability of doing so, something to be mindful of as we approach the weekly close. Divergence on Multiple Timeframes: MACD divergence is present on the 4H and 8H timeframes for EUR/USD, suggesting weakening downside momentum. Additionally, there’s a bearish divergence on DXY and a bullish divergence on EXY (Euro Index), further supporting the case for EUR/USD upside. Conclusion: With the alignment of these factors—candlestick patterns, moving averages, and divergences—this setup presents a solid opportunity for a long counter-trend trade on EUR/USD. While it’s a counter-trend trade, the confluences from multiple timeframes increase the probability of success. Keep in mind that this trade is aligned with technical signals and risk sentiment, so proper risk management is essential.
Long
by RemcoTradeFX
2
SPY Multi-Timeframe Analysis: S&P 500 ETF Trust (SPY)1. Weekly Chart: Uptrend Intact: The weekly chart shows that SPY continues to trade within a broader uptrend, consistently making higher highs and higher lows. It has held above its key moving averages, particularly the 50-week moving average (blue) around $515. MACD Momentum: The MACD histogram shows continued positive momentum. This suggests that bullish sentiment remains strong, with no significant reversal signals yet. Key Resistance: We are testing the $577 level, which appears to be a significant resistance zone. If broken, SPY could extend toward new all-time highs. 2. Daily Chart: Testing Resistance: The daily chart provides a clearer view of the immediate resistance at $577. We’ve seen several attempts to break through this level, but so far, the price has been contained below it. Moving Average Support: The 50-day moving average (green) has acted as strong support, currently around $555.80. As long as SPY holds above this, the bulls remain in control. Momentum Indicator: The MACD on the daily chart is trending positive, showing increasing bullish momentum. This signals that a breakout above $577 is likely if this momentum continues. 3. 4-Hour Chart: Bullish Momentum Building: The 4-hour chart shows a series of higher highs and higher lows, indicating the bullish momentum is building. Price has been supported by the 50-period moving average at $564.10. Immediate Resistance: The key level remains $577. A clear break above this resistance level on strong volume could signal further upside, potentially pushing SPY toward the $580-$585 range. MACD Shows Caution: While the MACD remains in the green, it’s showing early signs of slowing momentum on this timeframe. This suggests that a brief consolidation or pullback might occur before a breakout. 4. 30-Minute Chart: Tight Range Formation: On the 30-minute chart, SPY is trading within a tightening range, with support around $572.21 and resistance at $577.11. Key Trendlines: We can observe two converging trendlines (green and red), which often precede a breakout. If SPY breaks above the red trendline (around $577), it could lead to a strong upward move. Conversely, a break below the green trendline would signal a potential retracement. Bullish Outlook: SPY remains in a strong uptrend across multiple timeframes, with positive momentum indicators and key moving averages providing solid support. The next critical level to watch is $577. A sustained break above this could see SPY move toward the $580-$585 range, continuing the bullish trend. Risk of Consolidation: However, there is a risk of short-term consolidation, especially on the lower timeframes, before any major breakout occurs. A drop below $564 on the 4-hour chart or $572 on the 30-minute chart could indicate a deeper pullback.
AMEX:SPYLong
by Deno_Trading
1
Crypto's Bullish Talk, Bearish Trades: A Swarm Intelligence AlgoHello, Artificial Swarm Intelligence I wrote an Artificial Swarm Intelligence algorithm to run on popular prediction platforms, and Swarm AI reported more than 80% of traders believe in a BTC crash. That's strange because the same algorithm on social media wrote that BTC was a trending topic. Everybody talks about Satoshi Nakamoto, and these talks often diverge into bullish ideas about BTC. According to the swarm, people claim to believe in a bullish outcome for BTC, but they trade to expect a bearish future. I leave the conclusion to you. Who to believe, what people say, or what people trade? And will people lose, or will they make a self-fulfilling prophecy? Technical Analytics Technically, MACD demonstrated bearish power until 05 August and slightly weakening bullish momentum by 28 September. At the moment, however, both sides seem powerful. Since 01 October, there's been a bearish cross on MACD, but recently, bears haven't picked up the momentum. Conclusion I'd wait until one of the sides starts to exhaust itself before making a trade. The setup suggests possible targets in the white zone, but also that the market can become volatile. If I traded now, I'd use strict stop losses. Regards, Ely
BITSTAMP:BTCUSDShort
by Elysian_Mind
Deepak Nitrite Stock Chart Ascending Channel: The stock has been trading within an upward-sloping channel since late 2023, making higher highs and higher lows, which indicates a strong long-term uptrend. The price recently tested the lower boundary of the channel and has shown signs of a rebound. Triangle Breakout: A bullish breakout has occurred from a symmetrical triangle pattern, suggesting renewed upward momentum. The stock has surged by over 20.26% from the breakout point, confirming the pattern. The breakout targets are around ₹3,562 based on the height of the triangle projected from the breakout. MACD: The MACD indicator shows a bullish crossover, with the MACD line crossing above the signal line, which is a strong confirmation of positive momentum. Key Support Levels: ₹2,800: This level aligns with the lower boundary of the channel and has acted as strong support. ₹2,600: A previous low that provides additional support in case of any pullback. Resistance Levels: ₹3,095: A key resistance level to watch, previously tested and failed. ₹3,562: The price target projected from the breakout. Volume: Volume has been rising since the breakout, further validating the upward move and adding confidence to the bullish outlook. Conclusion: With the recent breakout and strong upward momentum, Deepak Nitrite shows a bullish trend. Investors should watch for a retest of support levels near ₹2,800, while upside targets point to ₹3,562. The long-term trend remains positive as long as the stock holds within the ascending channel.
NSE:DEEPAKNTRLong
by AngshumanSaikia
Market Cap BTC dominanceMy last idea about BTC dominance played out exactly as expected. Now, many people are worried about their investments in altcoins; all they see are red candles, which is understandable since dominance has been increasing this whole time. Currently, it stands at 57.5%. The final target is 60%, which aligns with the 0.618 Fibonacci level and a major global order block. We also see a weekly MACD divergence. During the last capitulation, the fear index hit 17, and many people sold their altcoins. However, I noticed significant buying volumes across all crypto market assets. The waves are primed to pump all of these. My global target is 32% dominance.
CRYPTOCAP:BTC.DShort
by -NIKO-
3
How to Read the MACD Indicator and Use It in Your TradingTechnical analysis is a vast field with thousands of indicators, which may be confusing to those among us who are just starting out. In this Idea, we look at one of the most popular indicators and also one of the easiest ones to fire up and start using from Day 1. MACD (Moving Average Convergence Divergence) MACD is arguably the most widely used indicator that can get slapped on virtually every chart out there. The indicator’s full name is Moving Average Convergence Divergence, but you don’t need to remember that. If you need to take away one thing, it’s this: MACD is easy to read. Here’s how to do it. Technical Side of Things Add the MACD in your chart of choice — any chart, any time frame. You’ll see three default numbers used to set it up — 12, 26, 9. The 12 is the moving average of the previous 12 bars (also called faster moving average). The 26 is the moving average of the previous 26 bars (also called slower moving average). The 9 is the moving average of the difference between the two averages in play. Next, you see that there are two lines that move up and down and cross each other occasionally. The two lines are: The MACD line: the difference between the two moving averages and the “faster line”. The Signal line: the moving average of the MACD line and the “slower line”. Because the two lines measure price changes at different speeds, the faster one (MACD) will always run ahead and react before the slower one (Signal) catches up. How to Trade with MACD If all that sounds a bit complex, here’s the gist of it: Faster line leads, slower line follows. Faster line crosses slower line to the downside — a downward trend may be forming. Faster line crosses slower line to the upside — an upward trend may be forming. Technically, whenever a new trend is shaping up, the slower line should confirm it by following the faster line. And that happens when the two cross over. The way to potentially spot new trading opportunities is to look for the crossover. This, in a nutshell, is how to read the MACD indicator and use it to help you become a more profitable trader. There's a whole plethora of MACD examples in action — dive right in ! Let us know your thoughts and experience with the MACD in the comments below!
Education
by TradingView
7
Bitcoin Rainbow Chart hints at the right buying time | 28.05www.blockchaincenter.net Investors’ confidence in Bitcoin (BTC) has somewhat dwindled as the king of crypto fails to go above $69k. However, the Bitcoin Rainbow Chart revealed that BTC was actually mimicking its 2020 trend post-halving. The revealed that after months of its third halving, the Bitcoin Rainbow chart revealed that the coin entered the “BUY” zone. After remaining in that zone for a few months, BTC’s price skyrocketed. A similar trend was seen in BTC’s 2024 Rainbow chart, as it indicated that the coin was in the buy zone. If that is to be considered, then this might just be the last opportunity for investors to buy BTC at a lower price before it moves up and enters the accumulate and HODL zones. Like metrics, most of the technical indicators also looked bearish. For instance, the MACD displayed the possibility of a bearish crossover. The Relative Strength Index (RSI) registered a decline, indicating a price drop soon. Nonetheless, the Chaikin Money Flow (CMF) remained bullish as it went northwards. WHITEBIT:BTCUSDT
Long
by paul_endeo
Roku Test with Destiny A 2 year Support trendline A Buy?Hi Guys. So i am always on the lookout for Macro trend setups, signs and opportunities. I believe ROKU is potentially in a position to take a nice swing. This analysis is on 1 day. Notice we have reached a Sloping Support trendline from December 2022. We've had 2 touches previous that resulted in bounces. Trendline theory states trendlines can stay intact for atleast 3 touch points. Owing to the idea that our recent touch point is a solid area to take positions. Has a decent probability of a bounce. On top of that we have the Blue horizontal trendline, which acts as an added layer of Support. Incase the black trendline does not hold, this would be next lvl. Stop loss/limit should be placed below trendlines based on risk tolerance. Small positions can have a larger % loss, vise versa. Now to Support my theory of this buying a solid area to take positions. I have 3 indicators. RSI which is in Oversold conditions after 3+ months. On top of that the momentum indicators MACD and STOCH. Are also oversold. MACD is signaling a waning bearish momentum. As seen by the light red histobar prints. We are looking for and eventually should see Green bars and a bullish cross. Which can bring in necessary demand we need for bounce. Also STOCH RSI is below the 20 lvl, but crossing Bullish as we speak. This must continue and a bullish cross ABOVE 20 lvl, will also bring in demand and help with bounce. If we see bullish changes in the momentum indicaotrs, i believe there would be a even higher probability of prices bouncing. So pay attention, be diligent and manage risk accordingly. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on ROKU in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:ROKULong
by SafofAllTrades
5
Current Bitcoin PA $ 50 Week EMA and MACD, compared to 2021 I am using the ATH points as reference to the 50 EMA ( Red) as we just recently posted a new ATH even though it was only a slight rise, the effect on the push has been significant on the MACD First thing to note is the different "distance" from ATH point to the 50 EMA below. This gives us an idea of the momntum of the Rise. The exponential moving average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock or commodity) over time. APRIL 2021 - the 50 EMA was 112% below the ATH point. Price had risen sharply NOV 2021 - 50 EMA was 60% below ATH point. The EMA still had momentum from the previous push and P a had retraced and bounced off the 50 MARCH 2024 - the 50 EMA is 87% below the ATH point. This shows a slower rise to the ATH point than in early 2021. Currently, I would suggest that PA / 50 EMA is close to what we saw in Nov 2021 as seen in the closer % distance from ATH to 50 EMA but also simply from the angle of ascent of the 50 EMA. And so now, we Look at the MACD on these occasions. The lines here are the ATH from the chart above and then the MACD Bullish Cross overs, that led to continuation. From the ATH in April 2021 to where the MACD recovered from being oversold, it took 119 days and the Cross over was above the Neutral line and if we take the same time to recover now, we are in Early July 2024. But as suggested Earlier, I feel we are closer to the Nov 2021 "pattern" and so, Lets look at that. From that From the ATH point to the dirst Crossover, it was 133 days and happened below the Neutral line and if this happens again, we are in Late July 2024. Should the MACD roll over and continue to Oversold, as it did in 2022, then we end up in Dec 2024 at the Low of MACD and it turning up to push high once again. Points to notte here are ;- MACD is higher than it was in Nov 2021 and so, to recreate these retraces closely, the Drop we must see will be sharper but it needs to be understood, MACD WILL RETRACE at some point. RSI is closer to the early 2021 pattern and is currently bouncing off the line it did in Feb 2021. To conclude. We are at a Cross roads and Bitcoin is oversold on the Weekly and previously, when up here, the retrace went to at least the Neutral line. PA could Range in its current channel till MACD reaches a point where further upside can happen. We may see another push higher over the next few weeks as the Daily Chart has reset very nicely. and the MACD is about to Cross Bullish but it is important to remember this WEEKLY situation. As mentioned yesterday, ALT season occurs around 200 days AFTER Halving. Look where that MACD is after 200 days
COINBASE:BTCUSD
by Orriginal
Paychex (PAYX) Revenue miss... Is this the end?Hi guys! As always, im looking for macro trends/ signals and critical movements/ developments in the markets. What caught my eye is PAYX. Today it gets the focus as it had Q3 revenue miss and its down 6% pre-market. With panic coming in, ill go over technical developments and the big picture. Lets jump in. We are in the 1 week timeframe (note this weeks candle has not yet printed and can current develops can change throughout the week). Currently, we are range bound between $100.00 and $133.00. After the large bull run it had looking left. It is now in a period of accumulation/ consolidation in my opinion. This pattern started December 2021. So its a long-term pattern. Which will take alot to break out of. Breaking to upside would continue the bull run to new all-time highs. Getting there though, will take time. And we must break other obstacles first. First thing to break is the Short-term resistance trendline. 2nd thing to break is the upsloping channel highlighted, which is a intermediate trend. If we get rejected from any of these obstacles, we can also continue down to test the lower border of the range. Our first test of support would be the lower border of the sloping channel. We must also watch VOLUME -> increase in volume would help us with breaking this obstacles and eventually getting us to the top of the range and an eventual breakout. Watch also the 2 indicators i put up. MACD -> We need a bullish cross with the lines moving ABOVE black horizontal trendline to form a higher high. This would help the case of breaking trends, moving above the consolidation range and to new highs. If we get a bearish cross we can retest the support line of the ascending channel and lower range of the consolidation zone. RSI - A HIgher high print is needed to continue upward and eventually out of the consolidation range. Notice however the resistance ABOVE us, depicted by the trendlines. A bearish case is printing a Lower low, doing so may bring us down to the black support trendline. Depending on how low the RSI goes, will determine how far down we go as well. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on PAYX in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:PAYX
by SafofAllTrades
I love MACD but there's something fishy about 1268% Net Profit!Hey folks, posting this here for you to tinker with. It's a simple trading strategy idea I have using the Moving Average Convergence Divergence (MACD) indicator for signals on when to enter and exit trades. Let's break down the key components of your strategy: Inputs for MACD Calculation: fastLength: The number of periods to use for the fast moving average in the MACD calculation. This is set to 2 periods by default. slowLength: The number of periods for the slow moving average in the MACD calculation. This is set to 4 periods by default. signalSmoothing: The number of periods for the signal line's smoothing. This is set to 2 periods by default. MACD Calculation: The ta.macd() function calculates the MACD line, signal line, and the MACD histogram (which you are not using, hence the underscore placeholder _). The MACD line is the difference between the fast and slow moving averages. The signal line is a smoothed version of the MACD line. Trading Signals: A buy signal (strategy.entry) is generated when the MACD line crosses above the signal line and the MACD line is above 0. This is interpreted as bullish momentum increasing. A sell signal or exit signal (strategy.close) is generated when the MACD line crosses below the signal line. This is to close any open long position based on the assumption that the bullish momentum is weakening. Plotting: The strategy also includes commands to plot the MACD and signal lines on the chart for visual reference. The MACD line is in blue, and the signal line is in orange. This strategy is overlayed on the price chart (overlay=true), which means you can see the buy and sell signals in conjunction with the price action. The strategy is simple and only based on the MACD crossing signals without any other filters or risk management rules. It assumes that when the MACD line crosses above the signal line with positive momentum, it is a good time to enter a long position, and when it crosses below, it is time to exit.
Long
by PPonBIN
Are you ready to make some money from the forex market? 🤑💌Our AI screener has detected a great opportunity for you: NZDCAD is in a ranging market for the next few days! What does that mean? It means that the price is moving sideways between two levels: 0.8153 and 0.8333. That’s a range of 170 pips or more! How can you profit from this situation? 📊There are two ways: 👨‍💻If you are a manual trader, you can use oscillators like RSI, Stoch, or MACD divergence to spot the best entry points for both long and short trades. You can use lower timeframes like M15 or M5 to find these signals. 🤖If you are a bot trader, you can use a martingale or zone strategy with proper risk control and money management. Trading with a bot will save you time and effort, as you don’t have to watch the charts all the time. You just need to check the bot trading every 4 hours to see if the market pattern changes from ranging to trending. If it does, you can close the bot and take your profits! This is a simple and effective way to make money from the forex market. But act fast, this opportunity won’t last forever! 🔥 To get more trading ideas like this, follow our channel and subscribe to our newsletter. We will send you the best forex signals and tips every week. Don’t miss this chance to earn money online with us! 😊 Disclaimer: Trading forex is risky and you should only trade with money you can afford to lose. We are not responsible for any losses you may incur from following our signals. Always do your own research and analysis before placing any trades.
by ICT_Trader_SB
Cross-Checking News Trading with Technicals on CARR-USDDear Esteemed Investors, Everyone asked me to write an analytics on CARR. Although my forecasts achieved some success with this stock, let me remind you it's only a very small percentage of my portfolio. I can measure my exposure in hundreds of thousands, which is relatively small compared to my gold exposure, which I measure in millions. With that, I care about every one of my investments, and I hear your expectation to read analytics about this stock. Here you go. Chart and Technical Indicators CARR hit the target level of the last bullish forecast ($59.21 resistance), and technical indicators like MACD and RSI turned bearish. Under the chart, MACD shows bearish progress. Both MACD and RSI have a bearish cross on them. These are typical confirmations of resistance, and CARR hasn't defeated it yet. However, RSI still moves on the more bullish side of its chart, and MACD shows only a slight bearishness. It's not too late for CARR investors to continue the rally. Signs of continuation would be if RSI made a bullish cross again and MACD turned bullish. If they can break the mentioned resistance, a target of $61.12 is possible. With that said, the risk-reward ratio of a long isn't excellent here. So, I've taken profit of my long position from the last forecast. I estimate to open a new long if the price confirms support again around the $51.74 level. Breaking this support would suggest a downward trend rather than a healthy retracement. Downwards, the price can fall to lower trendlines below $48. If I open a new long, I'll use a tight stop loss setting. News Trading: AI Natural Language Processing Carrier Global has consistently delivered strong revenue growth in recent quarters, driven by higher demand for HVAC and refrigeration products. The company's recent acquisitions of Viessmann Climate Solutions and Honeywell's Global Access Solutions business expand its market reach and product portfolio. Carrier Global has a healthy balance sheet with a solid financial position. The company has the flexibility to invest in growth initiatives. The global HVAC and refrigeration markets can steadily in the coming years, driven by population growth, urbanization, and rising environmental concerns. On the other hand, the ongoing supply chain disruptions have impacted Carrier Global's production and delivery of products, potentially affecting sales and profitability. Escalating inflation could put downward pressure on consumer spending on discretionary items such as HVAC and refrigeration products. The HVAC and refrigeration industry is highly competitive, with several players vying for market share. The ongoing geopolitical tensions and potential for global recession could dampen demand for Carrier Global's products. Despite the potential headwinds, Carrier Global remains a well-positioned company with a strong track record of growth. The company's focus on innovation, strategic acquisitions, and expanding market reach should support its long-term growth prospects. However, investors should carefully monitor the company's ability to manage supply chain disruptions, inflation, and competitive pressures. Disclaimer: The success of my historic forecasts don't guarantee your future results. It's not an investment advice. Do your esearch. I wrote the analytics for entertainment purposes. Kind regards, Ely
NYSE:CARRLong
by Elysian_Mind
4