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.
Whilst 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...
XAUUSD -gold is showing bull dive with macd on 4h about to cross
get clobbered Bull divergence on 4h iran anad venezeula tension still in air!
Pretty simple trade to close up for the Friday.
Chart speaks for it self. We are at the apex of a falling wedge. Bearish convergence: 3.bp.blogspot.com Please consider tipping: - BTC: 1HGdrfsRckVe8hPTfk23EHnYxtCkNu4oXV - LTC: 1HGdrfsRckVe8hPTfk23EHnYxtCkNu4oXV - ETH: 0x31613445dda19ed940421e77091ed61ebc729eba
It went right through the uptrend line and found support at around $8000. Now we can see a clear bullish divergence on the 4h chart. If this is the start of the second wave, bigger money can flow in and we can have a great summer.
We are going up ladies and gentlemen. Expected break of resistance til' 9k. Volume is very good and momentum is high. Let's go then :-)
eos need to improve for bullish divergance and Will improve 177000 sats in one day gl all
The chart explains it all.. This could be a bullish scenario where we are heading to a 38.2% retrace or even a 61.18% pullback. Keep in mind that there is also a huge bearish scenario in play.. I will post that one later. Also take into account that the timing could be different.
Whats up to all my peepz, Lets get into this LOOM chart, its been added to binance on May 1st which is my birthday so this coin is special to me. as soon this coin got added it took off which means there is high demand. On this 2HR chart you see a huge symmetrical triangle which is a continuation pattern and in this case is bullish and to confirm that you should...
Waves is still moving nicely; the 4 hr divergence has put us up 6% since entry. I will publish the 30 minute chart as well, which shows hidden bullish divergence this time. I've added potential targets to the 4 hour chart if we break out of the descending wedge. The divergence on the shorter time frame may give us that fuel.
stochastic divergence setting up for a really nice run
Bullish divergences, positive News, high Volume. I'm entering long here and hold for a couple of days checking for the appearance of new divergences or any other sign that help me to decide when to close. Not financial advice intended. I post my Ideas basically for myself to practice my technical analysis and follow the price progress.
WTC is holding to 78.6 fib level for a couple of days. Falling wedge is about to end. You may see a positive divergence on about every indicator. Stoch RSI has just crossed on Daily. RSI is about it's lowest. Demand index is about to break downtrend. The team also announced that new partnership signing ceremony for application deployment to be held in 3...
Check lower highs on price vs higher highs on RSI. Breakout in the brewing?
Hey there fellow traders, here's my simplified view of BTC's upcoming movements. As you can see, BTC has broken the 274 day TEMA on the 4hr and formed a bull-flag above the line. There's also quite an obvious bullish divergence shown in the RSI leading me to believe BTC is about to make a move upward. As far as the long term goes, I don't know but for the...