Discover and read the best of Twitter Threads about #divergence
Most recents (9)
#Ethereum 1H chart has created a strong bullish divergence on RSI. The 1st #divergence fas relatively flat, but the 2nd is quite strong. That's why we are seeing a #pump.
The price is inside EMA Ribbon, so we might see some resistance here. But overall #bulls are in control now.
The price is inside EMA Ribbon, so we might see some resistance here. But overall #bulls are in control now.
#Ethereum 1H chart. MACD also had a double divergence from the price, which is fairly bullish. It also crossed into the positive momentum side, leading to the price pump we are seeing right now.
Since Covid lockdown I've devised dozens of ways to find profitable trades almost every hour of the day
They ALL have one thing in common, they are ALL entered using the MTF #3cr #2breversal #123reversal #RsiHisto #tmaslope #divergence etc
I shared it all here for FREE #useit
They ALL have one thing in common, they are ALL entered using the MTF #3cr #2breversal #123reversal #RsiHisto #tmaslope #divergence etc
I shared it all here for FREE #useit
MTF means, multi time frame, another description is "pattern within patterns"
Like if we get a m15 3cr / 2breversal / RsiHisto trigger UP, drop to m5 and wait for the EXACT same triggers & patterns
It is that simple, #fractal chart patterns USE SEARCH HERE
Like if we get a m15 3cr / 2breversal / RsiHisto trigger UP, drop to m5 and wait for the EXACT same triggers & patterns
It is that simple, #fractal chart patterns USE SEARCH HERE
They must NOT reverse against themselves though, that is the m15 3cr up must not go past the m5 3cr down into a new bearish m15 3cr
That's why I devised the 3cr, easier to see a black and white definition of a reversal than 2bs etc, no ambiguity, it's either valid or failed
That's why I devised the 3cr, easier to see a black and white definition of a reversal than 2bs etc, no ambiguity, it's either valid or failed
NEW ANGLE IN FINDING GEMS: DIVERGENCE IN MONEY FLOW
After researching, I found out that there are some correlations between the TVL and the price of a protocol.
Check the thread below to have a new angle in finding gems.
#angle #money #divergence
After researching, I found out that there are some correlations between the TVL and the price of a protocol.
Check the thread below to have a new angle in finding gems.
#angle #money #divergence
NEW ANGLE IN FINDING GEMS: DIVERGENCE IN MONEY FLOW
There are two case studies here:
$WAVES in 9/3 - 15/3 period
$LUNA in Feb period
#angle #money #divergence
There are two case studies here:
$WAVES in 9/3 - 15/3 period
$LUNA in Feb period
#angle #money #divergence
1. With $WAVES, the price of $WAVES after a huge bull run to the 30 zone, it has declined a little bit. However, the TVL of this protocol did not show the same picture. The TVL went sideways for a week and continued to achieve its ATH with nearly $2.5B.
#angle #money #divergence
#angle #money #divergence
"Trading Divergences in RSI."
In this thread 🧵, we will discuss:
1. What is Divergence
2. Why are they formed
3. Types of Divergences
4. #Trading RSI Divergence
In this thread 🧵, we will discuss:
1. What is Divergence
2. Why are they formed
3. Types of Divergences
4. #Trading RSI Divergence
1/n
I had discussed #RSI indicator in my last thread.
If you have not read about RSI, I will encourage you to read about that first before learning about Divergence
I had discussed #RSI indicator in my last thread.
If you have not read about RSI, I will encourage you to read about that first before learning about Divergence
2/n
What is a #Divergence?
It is when price & indicator are giving a different set of information. For instance, if price is going higher but indicator is not or viceversa, this shows that there is a dispute. In ideal case scenario – If price making high, indicator should also
What is a #Divergence?
It is when price & indicator are giving a different set of information. For instance, if price is going higher but indicator is not or viceversa, this shows that there is a dispute. In ideal case scenario – If price making high, indicator should also
Global Macro Review 09/19/2021
1/13
#OPEX did not disappoint.
Volatility ↗️, SPX sold ↘️, and the USD ↗️ for the 2nd week in a row, causing damage to EU and EM longs.
Let’s dig in to the damage done and opportunities ahead
(Please retweet ❤️)
1/13
#OPEX did not disappoint.
Volatility ↗️, SPX sold ↘️, and the USD ↗️ for the 2nd week in a row, causing damage to EU and EM longs.
Let’s dig in to the damage done and opportunities ahead
(Please retweet ❤️)
2/13
After coming in early in the week, equity vol (especially VIX) accelerated into OPEX, but ended ↘️ for the week
$VIX 20.81 -0.67%
$VXN 22.27 -2.11%
$RVX 26.43 -6.57
$VXEEM 24.26 +3.03%
Chart: $VIX weekly +0.53% on a (T) duration (3-months) and finding resistance
After coming in early in the week, equity vol (especially VIX) accelerated into OPEX, but ended ↘️ for the week
$VIX 20.81 -0.67%
$VXN 22.27 -2.11%
$RVX 26.43 -6.57
$VXEEM 24.26 +3.03%
Chart: $VIX weekly +0.53% on a (T) duration (3-months) and finding resistance
Have you ever felt that you have lived the present situation before? Its called #Déjàvu. Right now I'm experiencing this moment in the markets. #PSUBanks are going through tough times. But this isnt new. They were in a similar situation back in 2016. (1/n)
#PSUBanks were dealing with NPA's and losses in Mar 2016. Their troubles are amplified after the #COVIDー19 outbreak. But it seems worst is over. Here's a weekly chart of #NiftyPSUBank index. (2/n)
#PSUBanks are forming bullish divergence in #RelativeStrengthIndex(RSI) on weekly charts. #RSI is a momentum indicator. Bullish divergence in it indicates that ongoing downtrend is losing steam. It doesnt guarantee a reversal but increases the chances. (3/n)
Dow Jones Possibilities - I can go 100% wrong, this is just an imagination. Forming a small HnS pattern & I expect the market to bounce next week & once we reach the resistance, another week of panic & downside, which should form the larger HnS pattern. #DJI #trendlines
If today's low holds, we might be well in for a good bounce 🤞. #DJI #trendlines #trading #coronamarketcrash #Fedstim
In markets, these simple but powerful lines act as very important demand and supply zones. If only we could understand them. Opened 7% up and rejected beautifully #DJI #trendlines #trading #coronomarketcrash #technicalanalysis
The #divergence of #Smallcaps #Midcaps and Broader Markets with #Nifty50 is now even being seen in #Nifty50 stocks with the Top 10 of #Nifty50. Top 10 of #Nifty50 weight is 60.26% of #Nifty50 and Top 20 is 77.33%.
The top 2 stocks #HDFCBank and #Reliance have a weight of 20% in #Nifty50. The top 5 stocks have a weight of 39.39%. Banking and Financials sector has a weight of almost 38%. The last 27 stocks in #Nifty50 have a weight of less than 1%.
The last time we saw such concentration for Top 10/20 stocks in #Nifty50 was in in June 2009 ( when it changed to free float ) and in June-August 2013. How long can this continue? All I can say is - In a year or two we may think very differently about the next 3 months.
