Bulldiv
SKL/BTC clear bullish divergence on the weeklyJust noticed this bull div on the weekly SKL/BTC chart. I found this after I was already bullish on the SKL/USDT chart, as it is in a slow and steady uptrend now after basically forming a double bottom and looking prime for a breakout in the next few days. I'm looking for a big and fast breakout towards the $0.04 - 0.05 range (current price is hovering around $0.029.
HBAR Bottoming HereRSI trending up during the entire falling wedge, it bottomed as the wedge started, and then moved above 30 at its bottom. Wedge broke out, price fell back to weekly support near the same bottom.
So, we have bullish divergence b/w RSI and price, a bullish falling wedge that broke out but hasn't risen yet. Price fell back to weekly support a second time, potential double-bottom.
Finally, price is moving within its tightest range on the daily in its entire history.
Could we see a final strong drop before it moves up? Yes, but it looks good and ready to at least make a move into the first area of resistance, and back into the 200s.
I think a larger move is in store, however. Let's see.
See my other post on HBAR/USD in the related ideas below. I think HBAR wants to move back into the middle of weekly resistance vs. USD (around 21-31 cents)
TALO. bullish div w.l. Last one for today.Earnings May 10th puts it right on the fringe of 2 weeks away territory.
I have done a lot of other analysis techniques here, so if you are looking to generate your own novel position ideas, you should probably go through it slowly just to untangle so it makes sense to you.
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the Fibonacci I am putting on the larger time frame, because those are supposed to have more relevance.
The black horizontal lines function as past, and therefore, present price control.
I would like to own this stock very much, but momentum has only gone from down to sideways. Once it has gone from sideways to up we will participate.
This is because once a stock is sideways it can go either way equally likely (for the most part). So now we just wait and if it continues up we want to find a way to go with it.
SHR bullish divergence on the dailySHR has only been listed on Kucoin for a few months, and during that time it has dumped alot. The SHR/BTC pair dropped almost 90% from the listing price. We can now see a clear bullish divergence forming on the daily, and we can expect a bounce soon. I have entered here at 35 sats. It is one of the few coins that hasn't seen any gains yet in the current market conditions where alts are popping one by one, and I'm sure that this coin too will soon get a share of the joy. Targets range from 70 sats up to 160 sats and I'd recommend taking partial profit along the way. I don't think a stop-loss is necessary for this trade, although a drop below 34 sats would be a bearish sign, so be careful. Good luck!
Verasity $VRA clear bullish divergence on the dailyVRA / BTC is showing very clear bullish divergence on the 1d chart, indicating that we are very close to the bottom here. VRA tends to go very parabolic during pumps, one time pumping from 4 sats to 19 sats in less than two weeks! When it reverses again it will likely blow everyone away this time, and possibly come back to the 10 - 12 sats range before you know it. Fundamentally VRA is a great project with a hard working team and a long-term vision. There are many huge things upcoming this quarter, including new exchange listings, partnerships and things like in-game advertising and in-game rewards which would make VRA unique in the crypto space. And that while it only has a $2m marketcap! With the current state of the market, not only can we expect VRA to recover its losses soon, but it may actually end up going on a monster bullrun towards 40 - 50 sats this year which is an incredible 30x move from current rockbottom prices. Don't miss out on this little gem! Entry range is 1.3 - 1.5 sats .
BTC printing TARGET of $12150 from same FRACTAL now on hourlyHidden bullish div on RSI and MACD showing sellers exhaustion. The same fractal is here again now on the hourly chart signaling continuation of a bull trend. The target would be .88 retracement which matches perfectly with AB=CD trend extension.
LRC/BTC Bullish Divergence ...possible strong short term bounceBullish divergence is forming on LRC/BTC on the daily.
Previous bull divs have resulted in very strong short term bounces. I would not consider this a long term hold, but rather a swing trade scalp.
This is a riskier trade because BTC is on a mini run right now to 8k. But LRC's price seems to be holding fairly steady.
2 short term profit targets outlined with the green lines.
Decred/Bitcoin potential daily bull div Nearing decision point for Decred. Not going to look good if it goes below .003, but decent set up to buy support with a daily div like this for now.
BTC - inverted H&S including Bulldiv & VolumeThis is building setup is true trader´s dream, not only the Volume is a match, we have bulldivs on daily and 3-day, also the confidence BTC gained from the last
break-out of an inverted H&S within the full year of consolidation are signs AGAINST this being a Bulltrap. This is so crazy obvious, I wonder if that will be the reason for a total
fail of this Beauty. Merry Christmas!
Incoming small pumpo??Took up a long here, 4hr BB squeeze, MACD cross, bull div, targeting the 786 from the double top down to the deep swing low. Simple set up, hopefully pans out.