AION / BTC Quick RecoveryRecently I went long on AION, unfortunately, or fortunately, the market hit an unpredictable bump and everything went down. Luckily I had a tight stop-loss set, it went off, I use the remaining BTC to buy more AION when I felt the bottom was in at 610. It is currently at 674. I was able to profit despite the heavy drop.
Bullish divergence still stands for me. On the FA side, AION Mainnet goes live on Nov. 9th. Binance news has increased the attention on AION.
As always this is not financial advice, I am a robot from the future and I will assimilate you all.
Bullish-divergence
Inverse H&S on BTC. Target 6555.Bullish Div into Inverse H&S on BTC/USDT. Bullish flag on 15 min chart on right shoulder.
ICX at all time low with a bullish divergence formingThis is the weekly chart and while there is not a ton of data on this seeing as it's relatively new, there is a bullish divergence being shown on the weekly chart. This also lines up with ICX being at an all time low from when it first came to market.
If BTC goes down, I'm sure there is room to go down well past this all time low, however, this chart independently looks like it could be a good long opportunity. Trade at your own risk and if you do, I'd suggest a stop loss 5-10% where you enter at this bottom as to not risk BTC crashing. This is not a day trading chart, this is a mid/long term outlook based on the weekly view.
Ripple | Possible Breakout Coming Up [XRP/BTC]XRP/BTC has an established downward trendline since 20 April '18.
Right now, we can see that the candles squeeze into the resistance.
We can also see some bullish divergence on the 4h RSI, but I don't give that too much credit during a bear market.
If the trendline breaks, it might still be a really good setup for a Long.
I personally wouldn't anticipate the breakout. The resistance around the downward trendline seems pretty strong.
An entry at support with a stop right below it would be a great risk/reward setup though.
If the market doesn't go that low, rather wait for a break of resistance and enter on the pullback or the re-test of the broken trendline.
Like almost every other coin right now, the fate of Ripple lies in the hands of BTC.
CRC short term bearish on the retracement, long term bullish. CRC reversal confirmed on august 24, 2018. Continuation of primary long trend. Optimal entry point would of been around 32.50. Currently over extended expecting a 1/3-2/3 retracement. Based on previous trends I expect this to retrace to 50% around 36.00. At which point long term primary trend will continue with an average target of 45.00 which is approximately 25% roi -1.17% . The main idea right now is to see how over extended the current rally is and a retracement is imminent. We can also see volume divergence with the current rally which is considered bearish . Depending if volume contracts or expands on the retracement we could easily bounce at 1/3 = 38.00$, or 2/3 = 34.00. Short term bearish , long term bullish on CRC 3.03% . the blue channel is where i expect the retracement to occure where the yellow trendlines represent the 1/3, 1/2, 2/3 possible retracement areas.
CASHBET COIN HIGH RISKY HIGH REWARD OVER 100%What do we have with this asset?
-Extreme low hourly volumes.
-Has been dumps since it was listed on bittrex.
-At this time, risky manegement is more important than TA, for you to make your decisions.
-BTC dominance made a double top, which means that it will give space for altcoins to grow for a few days.
-FALLING WEDGE
-But if the BTC dumps, this asset will bleed more.
i.investopedia.com
ARK Bullish DivergenceHuman's of Earth, you will be assimilated.
Look at this bullish divergence in ARK. It already popped a bit but we think it has more steam. We will be playing it safe in layering in some buys with a tight stop lose.
On teh FA side Ark is sponsoring Coindesk's Consensus. Ark has a great wallet and ecosystem.
As always do your own research. We are the Borg we are not financial advisors. Education purposes only.
DONT FORGET TO LIKE AND FOLLOW!
USDCAD Long Term Trade(Est 60 days)There are 3 confluences indicating a possible 4000 pip trade.
1.The weekly candle is showing a bullish signal indicating a Bullish reversal.
2.The stoch oscillator also shows a divergence which also further strengthen that the pair would go bull.
3. The price has reach the bottom of the upward trendline. This further indicates an increase in price.
This trade will take around 2 months to reach its estimated outcome. Be patience to earn those big bucks. Happy trading everyone!
Bitcoin 4H Hidden Bullish DivergenceBitcoin looks like a really good R:R long opportunity to me. It's risky as the downtrend is strong but with tight stops it stands to be a potentially nice trade.
We currently have a 4h hidden bull divergence converging with 0.618 fibonacci retracement in an uptrend. This is one of the most common retracement levels to reverse on.
I plan to ladder in with stops around .618 level.
To play devils advocate; MA's crossed down so that's bearish and concering; ADX and DMI- are also fairly high showing a strong trend in the down direction. We may have some more legs to go down but I don't think too far. As Rothschild said "Buy when there's blood in the streets, even if the blood is your own."
This is a good time to stock up on alts imo -0.06% in the case that the uptrend continues and I believe we may see the start of an alt-coin season. They have been bloody for quite a while.
I think that 6800 will hold; its a retest of the inverse head and shoulders neckline that reversed the downtrend and started this upswing in the first place.
I will ladder in longs down to 6700ish and up to 7000 as we approach it on the way back up. Stops below or around 6700 area. If 0.618 breaks I expect we may see a violent move/capitulation down straight through to the next fib around .786 but I would place my stops tighter to the 0.618 to avoid that if possible.
Best of luck traders!
BTC Possible Bullish Divergence Sighted
I see BTC continuing in this trend and making an upward move after a squeeze.
My target area is between 7.3 and 7.5K for the first target level.
Bullish divergence & potential reversal pattern on the 4hr chartWe are seeing the bulls put up a nice fight and also bullish divergence on the 4hr chart. We are also seeing a reversal pattern of an ascending triangle in a downtrend. Because the triangle is ascending it has a bigger chance of all of the continuation patterns of breaking up in a downtrend...however as a continuation pattern it can also break down sometimes...this coupled with the bullish divergence on the 4hr suggest we may break up...in doing so we will have formed our higher low on the 1day and our lower low on the 4hr chart finally....both bear and bull possibilities have decent probability so until the breakout I'm neutral.
Hidden bullish divergence on BTCUSD 1 day and 4 hours chart
As you can see on 1day and 4 hours charts there is a hidden bullish divergence on RSI.
The general mening is possible uptrend continuation.
Bullish Divergence on WANBTCbullish divergence building on the stoch RSI with Wanchain/Bitcoin ( WANBTC ) on the 1D. Will be interesting to see how this plays out in an overly bearish altcoin market. Proceed with caution
BTC with clear bullish divergenceHi, here we have BTC with a clear bullish divergence, in our opinion it signals a run towards a higher low? perhaps the 8k level at least. On the chart we can see the 61.8% fib to be a possible area of interest.
Bullish Divergence on daily WAN/BTC?It formed a lower low and 31.5k satoshis. The RSI, however, set a higher low. I am conflicted because I believe BTC will retrace over the weekend but there may be some upside to this trade. Opinions?
ETH Bullish DivergenceIt is very clear on any time frame from the 1H to the 4H, that bullish divergence seems to be forming. We are seeing the price slope downwards, while the RSI is making higher lows and sloping upwards. I am long here, expecting a bounce to occur at some point. This bullish divergence has been forming for a while, and I expect the price to follow suit soon.
Additionally, on the 4H, the volume has been decreasing, hopefully leading to some breakout volume that will give us a nice bounce.
Good luck,
Vik
Bitcoin Market Bottom:Bullish DiverganceIf you look at the first bullish divergence in the white after it occurred there was a massive bullish breakout of about 40 % .
Now looking at the new bullish divergence in the blue, price has pulled down with lower lows and the RSI is showing higher highs. It is has started now, as I'm sure many of you can see that the price is following the RSI. It will only rise higher.
thepatternsite.com
DAILY: Long GBPUSD - Short/Medium Term PlayHi, my first idea here. Please feel free to share where you think I can improve. Thank you!
I believe in using fundamentals to set my direction and technicals to time my entry.
Fundamentals: Long GBPUSD
- The 4 rate hikes in 2018 and 2 more in 2019 is almost fully priced in. The USD has enjoyed its bull run, but I believe it's time for it to come to an end.
- GBP strength has firmed Thursday after Carney expressed stronger conviction on inflation in the UK. Hawkish sentiments within the BoE continues to materialize, signalling greater possibility of an impeding rate hike. GBP still looks undervalued after the selloff that begin in Mid april.
Technicals: Enter now if risk appetite is high, or enter when price closes above 1.3340 out of the inner upper bollinger band
- Small green/red arrow indicates upward/downward trend exhausting, big green/red arrow indicates upward/downward trend beginning
- Downward trend has exhausted > 29 June the pair shot from below the 2nd outer bollinger band to inside the inner bands
- Upward trend is about to begin > bullish divergence between price action and RSI
Conclusion: Bag your winners quick
- As kathy lien always emphasizes: dont be too greedy. I typically stick to a 2:1 risk ratio and do a T1-T2 approach.
- Set stop loss near recent lows
SALT/BTC 4h - Aggressive EntryThis is my aggressive entry point for SALT. It has bullish divergence and is squeezing on the daily.
Reversal on stochastic bullish divergence Falling wedge coninciding with stochastic diverge on the weekly and edge of supply zone. Long-term bottom seem relatively close makes for high probability northbound move.
Bitcoin - Bullish DivergenceWhilst a break below support is still a very real risk - there is clear bullish price divergence on the 4 hr chart as well as the daily chart. This would suggest that support will hold - at least for now...
On this 4 hr chart we can see the red line and green lines linking respective low points on the Bitcoin price and RSI. Whilst the price falls over these periods, the RSI is rising. The suggests that price momentum is transitioning from bearish to bullish.
This may provide reason not to dump everything right now, but not enough to be loading up on a large long position. I'll be waiting for a clear break of either support or resistance trendline before making a directional call with any strong conviction.
