BearishDivergence
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Red Flag on the Charts? Spotting Bearish Divergence with RSI!
Hey Crypto Chart Readers! 👋
Before we dive into a powerful trading secret, a quick question for you: Have you ever seen a coin's price keep going up, but you had a gut feeling that it might not last? What made you think that? Share your instincts in the comments below! 👇
Alright, let's talk about a sneaky signal that smart traders watch closely: Bearish Divergence using the Relative Strength Index (RSI)! This is like a subtle warning sign on your crypto charts that a potential price drop might be coming.
First, a Quick Intro to RSI (Your Momentum Detector):
The RSI is a popular tool that helps traders see how strong the recent buying or selling pressure has been for a cryptocurrency. It's shown as a line that moves between 0 and 100:
Above 70: Often suggests the asset might be "overbought" (price might have gone up too quickly and could be due for a pullback).
Below 30: Often suggests the asset might be "oversold" (price might have gone down too much and could be due for a bounce).
Middle Ground (30-70): Indicates more neutral momentum.
Now, What is "Bearish Divergence"? (The Sneaky Warning Sign! 🚩)
Bearish divergence happens when the price of a cryptocurrency is making higher highs, but at the same time, the RSI indicator is making lower highs.
Think of it like this: The price is still going up, making new peaks. But the RSI, which measures the strength behind those moves, is saying that each new push upwards is weaker than the last one. The buyers are losing steam!
Why is Bearish Divergence a Potential "Red Flag"?
It suggests that even though the price is still rising, the upward momentum is weakening. This can be a signal that the buying pressure is fading, and the sellers might soon take control, potentially leading to a price correction or even a reversal of the uptrend.
How to Spot Bearish Divergence (Simply):
Identify an Uptrend: The price should be generally moving upwards, making higher highs.
Watch the RSI: Look at the RSI indicator below the price chart.
Spot the "Opposite" Moves:
The price makes a higher high.
At the same time, the RSI makes a lower high.
Draw the Lines (Optional): You can draw a line connecting the higher highs on the price chart and another line connecting the lower highs on the RSI. These lines will "diverge" (move away from each other).
Important Points to Remember:
Divergence is a Potential Signal, Not a Guarantee: It doesn't mean the price will definitely go down, but it's a strong warning to be cautious.
Confirmation is Key: Look for other bearish signals to confirm the divergence, such as bearish candlestick patterns or a break below a key support level.
Timeframes Matter: Divergence on higher timeframes (like the daily chart) is generally considered more significant than on lower timeframes (like the 15-minute chart).
Example: "Bearish divergence spotted on [Coin Ticker]'s RSI! Are you taking caution?" This means that while [Coin Ticker]'s price has been going up, the RSI shows weakening momentum, suggesting a potential pullback.
So, have you ever noticed a bearish divergence before a price drop? Or will you be keeping a closer eye on the RSI for this signal now? Share your experiences and thoughts in the comments below! 👇
Staying alert for these subtle clues can help you trade smarter and protect your capital!
#RSI #MACD #TradingSignals #TechnicalAnalysis #CryptoTrading #BearishDivergence #BinanceSquare $RENDER
$S
$INJ
Before we dive into a powerful trading secret, a quick question for you: Have you ever seen a coin's price keep going up, but you had a gut feeling that it might not last? What made you think that? Share your instincts in the comments below! 👇
Alright, let's talk about a sneaky signal that smart traders watch closely: Bearish Divergence using the Relative Strength Index (RSI)! This is like a subtle warning sign on your crypto charts that a potential price drop might be coming.
First, a Quick Intro to RSI (Your Momentum Detector):
The RSI is a popular tool that helps traders see how strong the recent buying or selling pressure has been for a cryptocurrency. It's shown as a line that moves between 0 and 100:
Above 70: Often suggests the asset might be "overbought" (price might have gone up too quickly and could be due for a pullback).
Below 30: Often suggests the asset might be "oversold" (price might have gone down too much and could be due for a bounce).
Middle Ground (30-70): Indicates more neutral momentum.
Now, What is "Bearish Divergence"? (The Sneaky Warning Sign! 🚩)
Bearish divergence happens when the price of a cryptocurrency is making higher highs, but at the same time, the RSI indicator is making lower highs.
Think of it like this: The price is still going up, making new peaks. But the RSI, which measures the strength behind those moves, is saying that each new push upwards is weaker than the last one. The buyers are losing steam!
Why is Bearish Divergence a Potential "Red Flag"?
It suggests that even though the price is still rising, the upward momentum is weakening. This can be a signal that the buying pressure is fading, and the sellers might soon take control, potentially leading to a price correction or even a reversal of the uptrend.
How to Spot Bearish Divergence (Simply):
Identify an Uptrend: The price should be generally moving upwards, making higher highs.
Watch the RSI: Look at the RSI indicator below the price chart.
Spot the "Opposite" Moves:
The price makes a higher high.
At the same time, the RSI makes a lower high.
Draw the Lines (Optional): You can draw a line connecting the higher highs on the price chart and another line connecting the lower highs on the RSI. These lines will "diverge" (move away from each other).
Important Points to Remember:
Divergence is a Potential Signal, Not a Guarantee: It doesn't mean the price will definitely go down, but it's a strong warning to be cautious.
Confirmation is Key: Look for other bearish signals to confirm the divergence, such as bearish candlestick patterns or a break below a key support level.
Timeframes Matter: Divergence on higher timeframes (like the daily chart) is generally considered more significant than on lower timeframes (like the 15-minute chart).
Example: "Bearish divergence spotted on [Coin Ticker]'s RSI! Are you taking caution?" This means that while [Coin Ticker]'s price has been going up, the RSI shows weakening momentum, suggesting a potential pullback.
So, have you ever noticed a bearish divergence before a price drop? Or will you be keeping a closer eye on the RSI for this signal now? Share your experiences and thoughts in the comments below! 👇
Staying alert for these subtle clues can help you trade smarter and protect your capital!
#RSI #MACD #TradingSignals #TechnicalAnalysis #CryptoTrading #BearishDivergence #BinanceSquare $RENDER
$S
$INJ
🚨 SHORT SIGNAL: $APE /USDT (4H) – Bearish Divergence in Play! 🚨
📍 Current Price: $0.73
📊 Market Cap: $583.29M
📉 Change: 1H: -0.39% | 24H: +6.00%
🔎 Bearish Divergence Breakdown:
1. The price formed a higher high, but RSI is showing a lower high – a classic bearish divergence, signaling momentum loss.
2. MACD is losing steam, and the previous ascending trendline was broken & retested, confirming potential downside movement.
3.If buyers fail to reclaim $0.74, expect a stronger pullback.
🎯 Targets for the Short:
✅ TP1: $0.671 – First major support zone.
✅ TP2: $0.601 – Stronger retracement level.
📌 Stop Loss: Above the recent high at $0.765 – Keeping risk managed!
⚠️ Watch for Confirmation:
If price breaks below $0.70 with volume, downtrend accelerates.APE could retest Fib 0.618 ($0.68) before the next leg down.
💡 Final Thought:
Shorts are high-risk, high-reward – but the bearish divergence doesn't lie. If volume stays low & price hesitates at resistance, expect a decent drop. Keep stops tight and stay sharp! 🔥👇
#APE #ShortSetup #BearishDivergence #CryptolinhioSignals #Cryptolinhio
📍 Current Price: $0.73
📊 Market Cap: $583.29M
📉 Change: 1H: -0.39% | 24H: +6.00%
🔎 Bearish Divergence Breakdown:
1. The price formed a higher high, but RSI is showing a lower high – a classic bearish divergence, signaling momentum loss.
2. MACD is losing steam, and the previous ascending trendline was broken & retested, confirming potential downside movement.
3.If buyers fail to reclaim $0.74, expect a stronger pullback.
🎯 Targets for the Short:
✅ TP1: $0.671 – First major support zone.
✅ TP2: $0.601 – Stronger retracement level.
📌 Stop Loss: Above the recent high at $0.765 – Keeping risk managed!
⚠️ Watch for Confirmation:
If price breaks below $0.70 with volume, downtrend accelerates.APE could retest Fib 0.618 ($0.68) before the next leg down.
💡 Final Thought:
Shorts are high-risk, high-reward – but the bearish divergence doesn't lie. If volume stays low & price hesitates at resistance, expect a decent drop. Keep stops tight and stay sharp! 🔥👇
#APE #ShortSetup #BearishDivergence #CryptolinhioSignals #Cryptolinhio
According to #Blockbeats $BTC chart which showed #bearishdivergence analysis today will be bearish. Short Trades are on the way. $BTC $ETHFI
🚨
Caution: Bearish Divergence Forming on the 4H Chart
$BTC BTC just made a higher high on price, but the RSI formed a lower high — a classic bearish divergence.
This often signals weakening momentum, and we could see a short-term pullback.
Personally, I’m taking profit on any buys I made in the last week. No need to be greedy — locking in gains is part of the game.
Watch the charts closely and stay sharp!
#BTC #BearishDivergence #RSI
Caution: Bearish Divergence Forming on the 4H Chart
$BTC BTC just made a higher high on price, but the RSI formed a lower high — a classic bearish divergence.
This often signals weakening momentum, and we could see a short-term pullback.
Personally, I’m taking profit on any buys I made in the last week. No need to be greedy — locking in gains is part of the game.
Watch the charts closely and stay sharp!
#BTC #BearishDivergence #RSI
$BTC are going down
not significantly but today (June 18)
but did you know that we encounter something weird
$BTC down from 67k level and now reaching 64k after failed to break these around 67k resistance
but Fear and Greed level now 74
increased from yesterday to level 71
this is positively we known as divergence
as price moving but the indicator are saying th otherwise.
and this daily divergence shows that we have bearish divergence today
#bitcoin #btc #bearish #bearishdivergence #DailyTrade
not significantly but today (June 18)
but did you know that we encounter something weird
$BTC down from 67k level and now reaching 64k after failed to break these around 67k resistance
but Fear and Greed level now 74
increased from yesterday to level 71
this is positively we known as divergence
as price moving but the indicator are saying th otherwise.
and this daily divergence shows that we have bearish divergence today
#bitcoin #btc #bearish #bearishdivergence #DailyTrade
📉 Cardano Price Shows Bearish Divergence — Holders Shift Focus to This XRP Rival 🚀
Cardano (ADA) has long been considered one of the top altcoins with solid fundamentals. But in recent weeks, the charts have been telling a different story. Traders have spotted a bearish divergence — and it’s raising eyebrows across the crypto space. 👀
---
🧠 What’s Happening With ADA?
Technical analysts have pointed out a key warning sign:
While the price of ADA remains relatively stable or slightly climbing, the RSI (Relative Strength Index) is falling — a textbook case of bearish divergence. ⚠️
This usually suggests momentum is weakening behind the scenes, and a potential price drop could follow. With Bitcoin cooling off and altcoins correcting, ADA holders are getting cautious.
📉 Bearish Divergence Summary:
Price up / RSI down
Weakening momentum
Potential correction ahead
---
🔄 Where Are ADA Holders Going?
Interestingly, many Cardano holders seem to be reallocating into a rising star — XRP 2.0. Yes, you read that right. While traditional XRP is holding steady, XRP 2.0, a newer, DeFi-focused token inspired by Ripple’s ecosystem, is rapidly gaining traction. ⚡
Why XRP 2.0 Is Catching Attention:
🔥 Buzz on crypto Twitter & Telegram
💸 Early-stage investment opportunity
🧬 Promises of faster, more scalable blockchain tech
🚀 Seen as a next-gen alternative to legacy altcoins
---
🧐 Is XRP 2.0 Just Hype or the Real Deal?
As always in crypto, timing and due diligence are everything. XRP 2.0 is still young, and while the hype is real, fundamentals and use case will ultimately determine its long-term value. 📊
Still, with ADA showing weakness, many are treating XRP 2.0 as a high-risk, high-reward hedge — especially if a broader altcoin breakout happens later this year. 📅
---
✅ Final Thoughts
While Cardano shows signs of struggle, XRP 2.0 is gaining momentum fast. Whether this is just a short-term rotation or a signal of a bigger shift remains to be seen — but smart traders are watching both charts closely. 👇
💬 What’s your move? Sticking with ADA or exploring the XRP 2.0 hype? Let us know in the comments!
#Cardano #XRP2.0 #CryptoNews #AltcoinShift #BearishDivergence $XRP
$ADA
---
🧠 What’s Happening With ADA?
Technical analysts have pointed out a key warning sign:
While the price of ADA remains relatively stable or slightly climbing, the RSI (Relative Strength Index) is falling — a textbook case of bearish divergence. ⚠️
This usually suggests momentum is weakening behind the scenes, and a potential price drop could follow. With Bitcoin cooling off and altcoins correcting, ADA holders are getting cautious.
📉 Bearish Divergence Summary:
Price up / RSI down
Weakening momentum
Potential correction ahead
---
🔄 Where Are ADA Holders Going?
Interestingly, many Cardano holders seem to be reallocating into a rising star — XRP 2.0. Yes, you read that right. While traditional XRP is holding steady, XRP 2.0, a newer, DeFi-focused token inspired by Ripple’s ecosystem, is rapidly gaining traction. ⚡
Why XRP 2.0 Is Catching Attention:
🔥 Buzz on crypto Twitter & Telegram
💸 Early-stage investment opportunity
🧬 Promises of faster, more scalable blockchain tech
🚀 Seen as a next-gen alternative to legacy altcoins
---
🧐 Is XRP 2.0 Just Hype or the Real Deal?
As always in crypto, timing and due diligence are everything. XRP 2.0 is still young, and while the hype is real, fundamentals and use case will ultimately determine its long-term value. 📊
Still, with ADA showing weakness, many are treating XRP 2.0 as a high-risk, high-reward hedge — especially if a broader altcoin breakout happens later this year. 📅
---
✅ Final Thoughts
While Cardano shows signs of struggle, XRP 2.0 is gaining momentum fast. Whether this is just a short-term rotation or a signal of a bigger shift remains to be seen — but smart traders are watching both charts closely. 👇
💬 What’s your move? Sticking with ADA or exploring the XRP 2.0 hype? Let us know in the comments!
#Cardano #XRP2.0 #CryptoNews #AltcoinShift #BearishDivergence $XRP
$ADA
Top High-Accuracy Crypto Selling Signals You Shouldn't Ignore 📉💡
Catching the right moment to sell is just as important as finding the right time to buy.
Here are some of the most reliable and high-accuracy selling signals in crypto trading:
Death Cross 💀
Opposite to the Golden Cross, a Death Cross occurs when the 50-day moving average crosses below the 200-day moving average.
This is a classic bearish signal that indicates a potential long-term downtrend, suggesting it's time to sell or avoid new long positions.
Bearish Divergence (RSI) 🐻
A bearish divergence happens when the price makes a higher high, but the RSI makes a lower high.
This indicates weakening buying pressure and the likelihood of a price drop, signaling a potential selling opportunity.
Especially when RSI is above 70 (overbought), it can suggest that the market is ready for a pullback.
Shooting Star Candlestick 🌠
A Shooting Star forms at the top of an uptrend, with a small body and long upper wick, signaling that sellers are taking control.
It indicates potential reversal after a bullish rally and is often a strong selling signal.
MACD Bearish Crossover ❌
When the MACD line crosses below the Signal line, it indicates bearish momentum.
This is often used as a sell signal, especially when confirmed by a downtrend or volume increase.
Resistance Rejection 🔄
When the price gets rejected at a strong resistance level, it often signals that the upward momentum is losing strength.
If price fails to break through resistance after multiple attempts, it might be time to sell, as the market may start heading downward.
Bonus Tip:
Always look for confirmation of these signals with volume or other trend indicators to strengthen the accuracy of your trades.
#SellSignals #DeathCross #BearishDivergence #CryptoTips #CryptoAlerts
$SOL $ETH
Catching the right moment to sell is just as important as finding the right time to buy.
Here are some of the most reliable and high-accuracy selling signals in crypto trading:
Death Cross 💀
Opposite to the Golden Cross, a Death Cross occurs when the 50-day moving average crosses below the 200-day moving average.
This is a classic bearish signal that indicates a potential long-term downtrend, suggesting it's time to sell or avoid new long positions.
Bearish Divergence (RSI) 🐻
A bearish divergence happens when the price makes a higher high, but the RSI makes a lower high.
This indicates weakening buying pressure and the likelihood of a price drop, signaling a potential selling opportunity.
Especially when RSI is above 70 (overbought), it can suggest that the market is ready for a pullback.
Shooting Star Candlestick 🌠
A Shooting Star forms at the top of an uptrend, with a small body and long upper wick, signaling that sellers are taking control.
It indicates potential reversal after a bullish rally and is often a strong selling signal.
MACD Bearish Crossover ❌
When the MACD line crosses below the Signal line, it indicates bearish momentum.
This is often used as a sell signal, especially when confirmed by a downtrend or volume increase.
Resistance Rejection 🔄
When the price gets rejected at a strong resistance level, it often signals that the upward momentum is losing strength.
If price fails to break through resistance after multiple attempts, it might be time to sell, as the market may start heading downward.
Bonus Tip:
Always look for confirmation of these signals with volume or other trend indicators to strengthen the accuracy of your trades.
#SellSignals #DeathCross #BearishDivergence #CryptoTips #CryptoAlerts
$SOL $ETH
$XRP
Price Update: Testing Key Resistance and Potential Reversal
XRP has made another attempt to breach the crucial $2.60
resistance level, reaching as high as $2.68 before forming a
double top pattern at this significant price point. This price
action aligns with the larger D wave target, indicating a critical
testing phase for XRP’s momentum.
The latest 4-hour close has revealed a bearish divergence,
confirming a rejection at this major resistance zone. This
suggests that the upward momentum may be losing steam, and a pullback or consolidation could be on the horizon.
Currently, XRP stands at $2.6842, showing a 9.88% gain, but
traders should remain cautious as the market tests these
important resistance levels. The bearish divergence signals
potential weakness, so it's essential to monitor for signs of
reversal or continued strength.
In conclusion, while XRP has made notable gains, it’s facing key resistance at the $2.60 mark. A rejection here could lead to a
short-term price pullback, but if the support levels hold, there
could still be opportunities for further upward movement. Stay alert to market signals as this technical pattern unfolds.
#XRPUpdate #CryptoAnalysis #XRPPrice #ResistanceTest
#BearishDivergence
$XRP
Price Update: Testing Key Resistance and Potential Reversal
XRP has made another attempt to breach the crucial $2.60
resistance level, reaching as high as $2.68 before forming a
double top pattern at this significant price point. This price
action aligns with the larger D wave target, indicating a critical
testing phase for XRP’s momentum.
The latest 4-hour close has revealed a bearish divergence,
confirming a rejection at this major resistance zone. This
suggests that the upward momentum may be losing steam, and a pullback or consolidation could be on the horizon.
Currently, XRP stands at $2.6842, showing a 9.88% gain, but
traders should remain cautious as the market tests these
important resistance levels. The bearish divergence signals
potential weakness, so it's essential to monitor for signs of
reversal or continued strength.
In conclusion, while XRP has made notable gains, it’s facing key resistance at the $2.60 mark. A rejection here could lead to a
short-term price pullback, but if the support levels hold, there
could still be opportunities for further upward movement. Stay alert to market signals as this technical pattern unfolds.
#XRPUpdate #CryptoAnalysis #XRPPrice #ResistanceTest
#BearishDivergence
$XRP
Market analysis 🚨
Even with strong fundamentals—ETF flows, bullish news, macro support—price action still leads.Good news doesn’t always mean immediate upside.
We’re seeing bearish divergence on the 4H and Daily, signaling momentum loss.
I’m locking in profits from recent buys.
TA keeps you grounded when hype runs high.
#BTC #crypto #TechnicalAnalysis #BearishDivergence
Even with strong fundamentals—ETF flows, bullish news, macro support—price action still leads.Good news doesn’t always mean immediate upside.
We’re seeing bearish divergence on the 4H and Daily, signaling momentum loss.
I’m locking in profits from recent buys.
TA keeps you grounded when hype runs high.
#BTC #crypto #TechnicalAnalysis #BearishDivergence
🔴 Bearish RSI Divergence Alert
Symbol: ASR/USDT
Timeframe: 1h
Price: 1.72
RSI: 72.7
Time: 23/05/2025 09:00 (VN)
Signal confirmations:
✓ RSI Divergence
#ASR #BearishDivergence #SellSignal #1h
Symbol: ASR/USDT
Timeframe: 1h
Price: 1.72
RSI: 72.7
Time: 23/05/2025 09:00 (VN)
Signal confirmations:
✓ RSI Divergence
#ASR #BearishDivergence #SellSignal #1h
Bitcoin Shows Bearish Signals as Traders Watch Key Price Levels
📉 Bitcoin is sending mixed signals. Even after a strong May, traders now see signs that the price could drop.
🔍 Quick Facts
✅ Bitcoin rose 11% in May🚨 But now showing bearish divergence📉 Traders watching if price holds $105,000⚠️ Two danger zones: $97,000 and $90,000📊 Weekly close is very important
🧠 What Is Bearish Divergence?
Bearish divergence happens when:
Price goes up, butRSI (Relative Strength Index) goes down
📊 This means the momentum is getting weaker — even if the price looks strong.
👉 It could be a sign that the price may fall soon.
🎯 What Traders Are Saying
🗣️ Matthew Hyland:
Says the weekly close is criticalWarns of bearish divergence on the weekly RSI
🗣️ Titan of Crypto:
Sees gaps in price levels, called Fair Value Gaps (FVGs)Says price could fall to $97,000 or even $90,000
🗣️ CrypNuevo:
Still bullish overallThinks $100,000 is a key level where price may bounceBelieves $84,000 is strong long-term support
📊 Key Price Levels to Watch
🧠 Final Thought
Even though Bitcoin had a good May, it now faces warning signs.
Traders are watching to see if the weekly close stays strong or drops further.
👉 If you’re trading or investing, remember:
Markets are risky. Always do your own research.
$BTC
$ETH
$BNB
#BitcoinUpdate #BTCPriceAlert #CryptoWarning #BearishDivergence #BitcoinLevels
🔍 Quick Facts
✅ Bitcoin rose 11% in May🚨 But now showing bearish divergence📉 Traders watching if price holds $105,000⚠️ Two danger zones: $97,000 and $90,000📊 Weekly close is very important
🧠 What Is Bearish Divergence?
Bearish divergence happens when:
Price goes up, butRSI (Relative Strength Index) goes down
📊 This means the momentum is getting weaker — even if the price looks strong.
👉 It could be a sign that the price may fall soon.
🎯 What Traders Are Saying
🗣️ Matthew Hyland:
Says the weekly close is criticalWarns of bearish divergence on the weekly RSI
🗣️ Titan of Crypto:
Sees gaps in price levels, called Fair Value Gaps (FVGs)Says price could fall to $97,000 or even $90,000
🗣️ CrypNuevo:
Still bullish overallThinks $100,000 is a key level where price may bounceBelieves $84,000 is strong long-term support
📊 Key Price Levels to Watch
🧠 Final Thought
Even though Bitcoin had a good May, it now faces warning signs.
Traders are watching to see if the weekly close stays strong or drops further.
👉 If you’re trading or investing, remember:
Markets are risky. Always do your own research.
$BTC
$ETH
$BNB
#BitcoinUpdate #BTCPriceAlert #CryptoWarning #BearishDivergence #BitcoinLevels
Traders driven by fear of missing out (FOMO) should exercise caution as Bitcoin's recent price movements indicate significant market confusion, marking a departure from the previous bullish momentum. On Thursday, Bitcoin reached a record high of approximately $103,900 before sharply declining to around $91,100, ultimately closing the day at about $97,000. This volatility resulted in the formation of a "high wave candle," characterized by a small real body and large shadows, suggesting that bulls are losing control and sellers may be reasserting themselves.
The high wave candle pattern, which reflects wide price swings, signals a potential consolidation or bearish shift in market trends. Additionally, a bearish divergence in the relative strength index (RSI) further supports this caution, indicating that momentum is not confirming the new price highs. Analysts are concerned about overcrowding in long positions, which could lead to price pullbacks if the market breaks below the recent trading range.
Moreover, the sentiment in the options market has shifted, with BTC call options now trading at a lower volatility premium compared to puts, indicating a decrease in bullish sentiment. Overall, traders should be wary of impulsively entering the market at these elevated prices, as the current conditions suggest a precarious balance between buyers and sellers.
#Bitcoin
#BTC
#CryptoMarket
#FOMO #HighWaveCandle
#MarketConfusion #BullishTrend
#BearishDivergence #TradingStrategy
-#Cryptocurrency #InvestSmart #PriceAction
$BTC
The high wave candle pattern, which reflects wide price swings, signals a potential consolidation or bearish shift in market trends. Additionally, a bearish divergence in the relative strength index (RSI) further supports this caution, indicating that momentum is not confirming the new price highs. Analysts are concerned about overcrowding in long positions, which could lead to price pullbacks if the market breaks below the recent trading range.
Moreover, the sentiment in the options market has shifted, with BTC call options now trading at a lower volatility premium compared to puts, indicating a decrease in bullish sentiment. Overall, traders should be wary of impulsively entering the market at these elevated prices, as the current conditions suggest a precarious balance between buyers and sellers.
#Bitcoin
#BTC
#CryptoMarket
#FOMO #HighWaveCandle
#MarketConfusion #BullishTrend
#BearishDivergence #TradingStrategy
-#Cryptocurrency #InvestSmart #PriceAction
$BTC
🚨 Is $OGN /USDT showing signs of a post-pump pullback? 🤔 After a +26% surge to $0.0744, we're seeing lower highs and fading volume 📉. Could this be a short opportunity brewing?
Key levels to watch 👀:
Resistance: $0.0700 - $0.0744
Support Zone: $0.0625 - $0.0640
Breakdown Trigger: Below $0.0645
Potential Short Setup ⬇️:
Entry: $0.0665 - $0.0680 (on a weak bounce)
TP1: $0.0640
TP2: $0.0605
TP3: $0.0565
Stop Loss: Above $0.0705
$OGN
⚠️ Pro Tip: Keep an eye out for a bearish engulfing candle or a clear break below $0.0645 before entering. Remember, tight stops are crucial due to post-pump volatility! 🎢
#OGN #CryptoTrading #ShortOpportunity #BearishDivergence #TechnicalAnalysis
Key levels to watch 👀:
Resistance: $0.0700 - $0.0744
Support Zone: $0.0625 - $0.0640
Breakdown Trigger: Below $0.0645
Potential Short Setup ⬇️:
Entry: $0.0665 - $0.0680 (on a weak bounce)
TP1: $0.0640
TP2: $0.0605
TP3: $0.0565
Stop Loss: Above $0.0705
$OGN
⚠️ Pro Tip: Keep an eye out for a bearish engulfing candle or a clear break below $0.0645 before entering. Remember, tight stops are crucial due to post-pump volatility! 🎢
#OGN #CryptoTrading #ShortOpportunity #BearishDivergence #TechnicalAnalysis
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