Sentences with phrase «bearish momentum»

While the short - term price action is still mixed, the lack of bearish momentum and the relative strength in several coins continues to help the bullish case.

Bitcoin price bearish momentum appears to be fading away very quickly.

Rather, short - term bearish momentum is likely to keep the bulls in check for at least the next several weeks (one to two months more likely).

All of these setups were with the recent daily bearish momentum and worked out quite nicely for savvy price action traders.

A tail on a bullish pin bar signals bullish momentum whereas a tail on a bearish pin bar signals bearish momentum.

With bearish momentum increasing and stocks testing key support levels in recent days, one of the biggest questions on your mind may be whether or not recent price action is merely a normal bull market correction or the very early stages of a new bear market.

We could see price fall from this signal and the downtrend continue to test the recent lows down near 0.8650 area and possibly below if bearish momentum continues.

Continued bearish momentum in the US dollar ETF would likely force the 10 - week moving average to cross below the 40 - week moving average as well, which would produce another bearish trend reversal signal — and that's good news for Gold bulls.

• These inside bar strategies were with the dominant bearish momentum on the daily chart and provided excellent risk reward ratios to re-join the downtrend.

S / L should now be lowered to 1.4200 to secure our profits, while the next T / P level remains projected at 1.3800 if USD / CAD bears maintain enough bearish momentum below 1.4100 and 1.4000.

Conversely, a disproportional number of declining securities is used to confirm bearish momentum.

This week, we could see price re-test support down near 0.7710 if bearish momentum continues.

There is a growing bearish momentum around $ 6,930 as the MACD is dipping into the negative region.

There is a growing bearish momentum around this level according to the MACD indicator.

XRP / USD failed to stay above the USD 0.50 level and is now gaining bearish momentum towards the USD 0.42 support.

Bitcoin has been very volatile recently amid impulsive bearish momentum which engulfed all the b...

This enables our subscribers with non-marginable cash accounts (such as IRAs) to still take advantage of newfound bearish momentum in the market, without technically selling short (inverse ETFs move in opposite direction of the underlying index).

On the other hand, the price zone of 1.3370 - 1.3400 remains a significant support zone to be watched for valid buy entries if the current bearish momentum persists below the mentioned key level (1.4100) and 1.4000 (a prominent Weekly Support).

With the exception of monumental, one - day market crashes that happen once in a blue moon, bull markets that are topping undergo a drawn - out process that usually takes at least several months before bearish momentum finally takes over and a new downtrend emerges.

• The pin bar itself was long - tailed, this means the tail showed a very «forceful» rejection of higher prices and it was also in - line with the fresh bearish momentum.

The cryptocurrency reached up to $ 8304, but bearish momentum soon took the price to $ 8184.

The Litecoin price is seen up around 5 % on Tuesday, enjoying some time out of the strong bearish momentum, that has been dominating the crypto market over the past few weeks.

Stochastic is already indicating overbought conditions and turning lower could draw bearish momentum in.

The post Bitconnect Coin Technical Analysis for 10/23/2017 — More Bearish Momentum appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

Now, this setup was definitely more advanced because it was against the recent bearish momentum, however, given the obvious false break and the consecutive inside bars that followed, forming above support, it was a valid price action setup worth taking.

Overall, the market is gaining bearish momentum and if bitcoin price settles below USD 8,000 today, there could be further slides in BTC, ETH, BCH, XRP and other altcoins.

The idea is that once these stocks begin cracking below key support levels, institutions have no choice but to start unloading shares, thereby adding to the bearish momentum and making for some violent moves to the downside.

If it does, bearish momentum could quickly spark a sell - off down to the 50 % Fibonacci retracement level (just above 4,200), which roughly converges with support of the 40 - week / 200 - day moving average.

The logic behind this approach comes from the fact that the previously bullish sentiment is now being «overshadowed» by bearish momentum, and prices are likely to continue lower.

Though it may end up breaking this level, it does seem that the bearish momentum and sentiment is giving way.

Although the S&P has further to fall before being in danger of breaking its swing low, bearish momentum could indeed kick into high gear if that February swing low fails to hold.

BTC is clearly in a short - term uptrend, but for now, the bearish momentum is weakening, and the coin is right at the recent swing low, while the weaker majors already violated that level.

As you may recall from yesterday's ETF analysis, in which we pointed out the breakdown in Select Sector Financial SPDR ($ XLF), bearish momentum has started picking up in the financial sector.

Dash dipped back below $ 400 after a brief period of relative strength as the selling resumed in the segment, but the coin is still trading near the February low, as the bearish momentum is weak.

Additionally, we always make sure the 10 - week moving average (same as the 50 - day moving average) has crossed above the 40 - week moving average (same as 200 - day moving average), which confirms the bearish momentum has reversed.

If gold convincingly breaks down below the 2012 low of $ 1541, bearish momentum could send the price sharply lower.

So, we had confluence with the bearish momentum, the rejection of resistance, and an obvious price action setup.

In this case, the large gap between the candlesticks and the EMA showed the bearish momentum.

So my question is that it proves manipulation and indicates the shift from bullish to bearish momentum.

Combine that with a valid price action strategy and the right amount of bullish or bearish momentum, and you have a winning combination.

Although the range of Tuesday's move isn't quite as extensive as I'd like, the pin bar shape, bearish momentum, and key level are all there.

It confirmed that bearish momentum was still in place.

While you can technically buy at support, it isn't the most advantageous choice as you would be trading against the bearish momentum.

This week, we will look to trade in - line with this bearish momentum by watching for price action sell signals at resistance after a retrace higher.

A quality 1 hr pin bar sell signal formed at a confluent intra-day resistance level and in the direction of the bearish momentum on the daily chart.

Weekly Analysis — The market pair was initially trading in with a bearish momentum (lower higher and lower low) till late 2016.

If a spring green upward pointing arrow of the SimpleMovingAveragesSignals.ex4 custom indicator positions below the candlesticks as depicted on Fig. 1.1, bearish momentum is said to be halting, hence an exit or take profit is highly recommended.

If a downward crossover materializes, bearish momentum could kick in and lead to a break below the channel support at $ 7000.