ETH/BTC (Y19.P2.E10).MICRO.Bullish.Div
Updated
We have a no. of indicators or elements telling us that this can be a good entry.
Observations:
a) Main support level is holding (at point D)
b) Bullish divergence indicated on 3 indicators, on the 4 HRLY chart
c) Formation has confluence with Gartley Harmonics
d) BTC is showing sideways movement and hence many ALTs tend to go up in such situations
e) On the daily and weekly chart, we have a hidden Bullish Divergence (using RSI)
Thoughts:
>Buy zone is in an area to increase the likelyhood of the Gartley pattern to continue (less risk).
>Wait for an open and close candle at this level on the daily.
>Also look for the bullish candlesticks combination on the 4 hrly or daily, eg. Morning star if you want to enter earlier.
PS. > You can use my candlestick.detector indicator
Daily chart, close up.
Daily ETH.USDT chart, showing bullish div. as well
Please give a thumbs up or a like if you agree or just appreciate the effort.
Regards,
S.Sari /CryptoProspa
Observations:
a) Main support level is holding (at point D)
b) Bullish divergence indicated on 3 indicators, on the 4 HRLY chart
c) Formation has confluence with Gartley Harmonics
d) BTC is showing sideways movement and hence many ALTs tend to go up in such situations
e) On the daily and weekly chart, we have a hidden Bullish Divergence (using RSI)
Thoughts:
>Buy zone is in an area to increase the likelyhood of the Gartley pattern to continue (less risk).
>Wait for an open and close candle at this level on the daily.
>Also look for the bullish candlesticks combination on the 4 hrly or daily, eg. Morning star if you want to enter earlier.
PS. > You can use my candlestick.detector indicator
Daily chart, close up.
Daily ETH.USDT chart, showing bullish div. as well
Please give a thumbs up or a like if you agree or just appreciate the effort.
Regards,
S.Sari /CryptoProspa
Note
Still active, RSI compliance. Now we just need and open and close daily candle at this levelNote
ETH.USDT did not pass the resistanceNote
ETH.USDTETH.BTC progress
Note
ETH.USDTTrade closed: target reached
Note
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.