SAND is currently holding on to it's bull trend against BTC. We're currently testing support at the 50 EMA and we just had bullish divergence on the 4-hour chart. This makes me moderately confident that the bullishness will continue, at least in the short run. Will it have enough momentum to break resistance? I think there's a decent chance. This isn't my...
In this chart we use the RSI on Daily TF to review bullish divergences in the BITCOIN price action compared to RSI readings. starting with the Summer 2021 Bear market. you can see we had a high volatility drop in price which in turn sent the daily RSI to a rather oversold reading. as the days went on from that initial price drop we trended lower however the RSI...
Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BTCUSDT- Daily Time Frame - Candlesticks 📌 Bull Flag - Fractal - Support Resistance zone 📍So, BTC is playing around the 45k - 48k price zones lately and decisions are really hard to make at the moment. Therefore most of the traders have no clue in which direction price may go further. 📍I can see...
Analysis BTC currently created a Strong Reversal Bullish Divergence on the 4H and 1H chart. Nothing much to explain on this part of the chart. Bullish Divergence, specially strong ones are a clear hint of market reversal. This can mean that the last 2 days it has been a massive Bear Trap, and we would want to wait for a Hammer Candle as an indicator of that. It...
Price is at an interesting QM level. After price rallied up, it came down, breaking important swings on the way down before retracing to the QM level. I think price is poised to go down to the target.
Bitcoin is looking BULLISH. - #BITCOIN is showing quad bullish divergence on 1HR - Fed news could've had an affect but Bitcoin has been oversold for days now - Bitcoin needs to break through $50K resistance and then retest one last time before revisiting ATHs - Seller exhaustion looks to have peaked as well Overall, Bitcoin charts are boring right now. Not much...
GBPJPY bearish movement seems unable to penetrate the strong support. GBPJPY made a base around strong support which indicates the price had big chance turning into a bullish move. A bullish negative divergence is also seen on the Stochastic Indicator. I predict the price will reach the area of 151,570 - 152,217. Because there is a small resistance and the...
I predict CADJPY will make another major bullish move, after the price reaches the golden ratio Fibonacci area. You can also see the Bullish Hidden Divergence seen on the stochastic indicator. I predict the price will reach a strong resistance at 91.310
Regular bullish divergence spotted. lows should hold. GL
Hi Guys, BEST broke an almost 2-years down trend channel (started on January 21st 2020) on September 2021, with huge weekly volumes. The price target for this technical pattern is 3$, which is also the 0.382 Fibo level of the downtrend leg which started also in Jan 2020. In addition to this, MACD on the weekly chart is showing a huge bullish divergence which...
DOGE is in the process of confirming a major weekly bullish divergence. 1. Price double bottom confirmation - this forms an uptrend 2. MACD downtrend - further supported with MACD histogram creating higher low as indicated by green lines 3. PFE downtrend - very sharp contrast Price uptrend combined with multiple oscillator downtrends is classical hidden bullish...
Mycronic looks like its going for the full reset. Its painting a beautiful bullish shark at an inflection point. There is also some nice bullish divergence coming in on the MACD. One could open a position right now or wait a little longer for the full .886 retrace and possibly a confirmation low. One could also open a position right now and size up as it moves...
The blue line is my entry target when i saw RUNE chart this morning and it's filled nicely, while i hope RUNE can gain more traction while BTC's price is recovery and trying save the position above EMA21 Weekly chart. In RUNE chart i saw a slight bullish divergence, hope for the best RUNE can reach the top Yellow line is the price target The red line is the stop...
Important things to note: BTC broke out, showing bullish continuation. Extremely Strong BTC buy signal found 2 days ago. ADA will make a run for resistance soon. It will test 200MA on 1H first. Strong bullish divergence from RSI . I believe the correction is ending. Altcoins will lag behind a bit but will still move with market, just a bit slower at first,...
Feast your eyes and your souls! It's a good look for DOGE! Good luck!
Head and shoulder is quite possible carefully we have divergence on the daily chart it's quite possible to have a move lower before any upside Also, NFP news is coming so careful maybe News push it to Aggressive to upside
Good morning traders and happy weekend! I hope you are all doing well and have a great weekend! I didn't catch C98's first pump. I waited to see what it was going to do after. Last night I threw on some fib measurements when I assumed the first wave was done. Looks like wave 2 closed about the .618 fib and we've started to move up. White lines indicate we are...
BULLISH ON EURGBP - Double Bottom formation is occurring. - Regular Bullish Divergence on 4hr