NZDUSD Buy Idea After Bullish ConvergenceD1 - Bullish convergence.
Currently it looks like a correction is happening.
No Opposite evidences.
H4 - Currently it looks like a flat correction is happening in the form of a range.
Bullish divergence.
Until both the key support zones hold my view remains bullish here.
If the price breaks and holds above the top of this range we may then consider it as validation for the bullish view and may expect the price to move higher further.
Bullishconvergence
Potentially Bullish EURO pair.As of right now i have all my big positions in Bullish US Dollar Pairs but i will like to try taking a trade that's Bullish for the Euro just incase the US Dollar trades dont go quite how i want. EURSEK seems to be the best bet as a hedge because on the weekly it has a double bottom formation with Bullish Convergence on the RSI; Price it may try to target the 61.8% retracement.
Gold Buy Idea At The Bottom Of The Daily ChannelD1 - Price is bouncing higher from a key support zone formed by the bottom of the daily channel and the 100% Fibonacci expansion level of the first wave.
Bullish divergence.
H4 - Multiple false breaks and bullish divergences.
Bullish convergence.
Currently it looks like a pullback is happening.
Until the key support zone holds I expect the price to continue higher further after pullbacks.
Bitcoin Buy Idea Update!!!On the H4 chart after the bullish convergence and the most recent downtrend line breakout I was expecting the price to move higher further until the strong support zone holds.
The price action followed my analysis exactly as I expected it to here. After the bullish convergence and the most recent downtrend line breakout we had a pullback but the price was holding above the strong support zone. The price then moved higher further and delivered an excellent move to the upside!
Original Idea:
AUDJPY Buy Idea Based On Multi-timeframe AnalysisD1 - Bullish trend pattern followed by double wave correction.
Bullish convergence. Most recent downtrend line breakout.
H4 - Currently it looks like a correction is happening in the form of a double wave down.
Until the daily downtrend line breakout holds my view remains bullish here.
A valid breakout above the most recent downtrend line would validate this bullish view.
EURAUD Buy Idea After Channel BreakoutD1 - Price is bouncing higher from the bottom of the range.
Bullish divergence.
H4 - Price has broken above the bearish channel.
Bullish convergence. Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to continue higher further.
AUDJPY Buy Idea Based On Multi-timeframe AnalysisD1- After the bullish rally we had a correction in the form of double wave down.
Price is bouncing higher from a strong support zone formed by the 61.8% - 100% fibonacci expansion level of the first wave. Bullish divergence.
H4 - Bullish convergence.
If we get a valid breakout above the downtrend line we may then expect the price to continue higher further.
Bullish Charts - Above the Cloud, Ready to Spike, Zika VirusBioCryst Pharmaceuticals, Inc., a biotechnology company, discovers oral and small-molecule medicines. The company markets peramivir injection, an intravenous neuraminidase inhibitor, for the treatment of acute uncomplicated influenza under the RAPIVAB, ALPIVAB, RAPIACTA, and PERAMIFLU names; and Mundesine, an oral purine nucleoside phosphorylase inhibitor for peripheral T-cell lymphoma. It is also developing BCX7353, an oral serine protease inhibitor and oral dose formulation that is in Phase III clinical trials to treat hereditary angioedema; BCX9930, an oral factor D inhibitor, which is in Phase I clinical trials for mediated diseases; BCX9250, an oral activin receptor-like kinase-2 inhibitors that is in preclinical trials to treat fibrodysplasia ossificans progressive; and Galidesivir, an RNA dependent-RNA polymerase inhibitor, which is in Phase I clinical trials to treat various RNA viruses, including Marburg, Yellow Fever, Ebola, and Zika. The company has collaborations and in-license relationships with U.S. Department of Health and Human Services; National Institute of Allergy and Infectious Diseases; Seqirus UK Limited; Shionogi & Co., Ltd.; Green Cross Corporation; Mundipharma International Holdings Limited; and The University of Alabama at Birmingham, as well as Albert Einstein College of Medicine of Yeshiva University and Industrial Research, Ltd. BioCryst Pharmaceuticals, Inc. was founded in 1986 and is headquartered in Durham, North Carolina.
Daily Chart:
Volume: Bullish
PMO Turning Up, Bullish
MACD Turning Up, Bullish
RSI: Bullish
Stochastic: Bullish
OBV: Bullish
Accumulation: Bullish
Sector: Bullish
Closed above the cloud on Friday - Bullish
On 06/10/2020, Company reported Galidesivir stopped the Zika virus replication.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Ripple Buy IdeaW1 - Bullish divergence.
D1 - Bullish convergence, currently it looks like the pullback that we were looking for has happened.
H4 - Pullback happened in the form of two waves down, downtrend line breakout and the price is moving higher.
H1 - Bullish trend pattern, currently it looks like a pullback is happening, we have two buy zones that has formed.
Price has reached the first buy zone, we may now look for bullish setups with bullish evidences (evidences could be in the form of candle stick patterns, false breaks, trend line breakout etc… supporting the bullish view) in order to start looking for the buys.
Alternatively if the price moves lower then the next area to look for bullish setups with bullish evidences would be the second buy zone.
EURCHF Buy IdeaD1 - We have 20 candles ride on the lower band of the Bollinger Bands indicator, bullish divergence.
H4 - Bullish divergence, price is respecting the dynamic support, until this dynamic support holds my view remains bullish here.
H1 - Price has broken above the big and small trend line, bullish convergence.
We may now look for pullbacks to happen and then we may start looking for bullish setups with more bullish evidences (evidences could be in the form of candle stick patterns, false breaks, trend line breakout etc… supporting the bullish view) in order to start looking for the buys.
AUDCHF Short Term Buy IdeaW1 - Special cycle completed, currently it looks like a retrace is happening.
H4 - Price reached a strong support zone based on the fibonacci expansion levels of the cycles we have. double bottom, bullish divergence on the MACD histogram and moving averages.
H1 - Bullish convergence, we may now look for pullbacks and then buys with more bullish evidences.
Ethereum Exponential Moves INC????!Good evening ladies and gents, like LTC, let me sum this one up ;).
1. Hidden Bullish Divergence on the Weekly MacD
2. Bullish Convergence on the Weekly RSI
3. Rounding Out Price Action
4. Bottom of a potential Fib Channel
5. MacD closing in on Positive Momentum??! :O
Just saying, go ahead and get rid of your assets because the "market is too boring" ;)
Join our Free Telegram Channel: t.me
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription options are $15 a week, $50 a month or $500 a year. These are extremely cheap options compared to most other premium groups! We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups."
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
XLM Bullish ConvergenceGood morning ladies and gents, Xlm is currently sitting at critical support with 4 hour bullish convergence inside of a symmetrical triangle nearing its apex. I have a stop loss placed under the previous wick for a 5% loss and I am aiming a bit high in terms of my exit targets. They will change depending on whether or not we breakout of the triangle and also where we breakout at.
Join our Free Telegram Channel: t.me
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription options are $15 a week, $50 a month or $500 a year. These are extremely cheap options compared to most other premium groups! We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups."
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
Dycom Triple Bullish Convergence/Earning inc!Good evening ladies and gents, this is a risky position to take as earnings are coming in 5 days. Despite earnings which I am personally not taking a position in this because of that reason alone, we are showing triple MacD Bullish Convergence as well as Triple RSI Bullish Convergence on the daily time scale. This asset has an overall good up trend, but bear markets can be gruesome for this asset which is exactly what we saw. You are showing a rounding bottom as well.
Entry targets and Exit Targets are depicted. Exit targets are anywhere in the pink range.
Join our Free Telegram Channel: t.me
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription options are $15 a week, $50 a month or $500 a year. These are extremely cheap options compared to most other premium groups! We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups."
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
DUSK To the Tether Triple Bullish Div-ConvMassive falling wedge pattern on Dusk right now. Typical profit taking levels of a falling wedge are between a 50% and 61.8% retrace! Although we have resistance around 38.2%. Depending on the price action there and technicals, it is possible we may take an early profit at the .382 if we get to it! You are showing triple Bullish Divergence in Convergence on the Daily time scale with a potential higher low double bottom! Exit and stop targets are depicted on the charts! :) <3
Twitter: twitter.com
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are greatly appreciated! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
Ethereum Falling Wedge Breakout into Diamond PatternBullish Convergence is forming on ETH on the Daily Time Frame. On top of that you are nearing the apex of the Diamond Shape pattern after a falling wedge breakout. All near areas of presumable value. On top of the bullish signs I have spotted, you are also showing significantly lower amounts of selling volume compared to the last major impulse down. A breakout of this wedge can lead to amazing gains. It seems impossible now, but common retraces from the very swing top are depicted on my chart inside the pink box. Those are presumable areas where price action may reverse if we ever got to those areas ;)
Twitter: twitter.com
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are greatly appreciated! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
Bitcoin Long Term TrendGood evening ladies and gents. I have spotted Weekly Hidden Bullish Divergence on the MacD as well as RSI Bullish Convergence. These are both starting to round out. I am aware that many people are looking for a measured move down to around the 6800-7400 area, but that may not happen. Still could of course, but looking at the larger time frames, it's looking less likely ;) . I'd also like to mention the alt coins and where they are at. A lot of these alt coins are at the bottom of their overall bull trend showing Hidden bullish divergence, regular Bullish Divergence and Bullish Convergence. Too many coincidences for this to be just another random idea. These are actual technicals that I am displaying. This chart is on the log scale by the way! We have been in a down sloping channel for the last few months now after a large rally from our 3k bottom. We have only retraced 38.2% of the way. We are in common retrace areas after an impulse. So Price reversal from where we are at is most certainly possible! This is the .382 on the log scale! On the Linear scale, you have retraced over 50% of the way and nearly hit the .618 which is at $7200. In my chart, I have depicted two measured moves. This is a potential bull pole, bull flag pattern. In that case, the measured move takes is perfectly on the Log Scale at the 1.414 Fib extension around $42k. That is right, I fucking said 42k. Just an idea for now of course. This isn't certainty. The Gaussian Channel Tool is also teal on the Weekly time frame. Currently testing the top of it ;)
I wish everyone a wonderful rest of your day and night!
Twitter: twitter.com
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
Bitcoin Diamond Pattern with Bullish Convergence?Good morning ladies and gents! I have spotted a Scuffed Diamond Pattern. The measured move of this to the up and downside is about a 3.82%. It's only a matter of time until we breakout. We are approaching the apex of this pattern. It looks like a long ways away, but keep in mind, this is the 1 hour time frame. I would use the 4 hour, but you have already seen the bullish divergence that has been forming. The bullish Convergence on bitcoin is new. This usually means impending price action reversal. This has been a downtrend on the smaller time frames which means a reversal would be to the upside. A measured move of this to the upside is about $8300-$8400 area which also coincides with our wedge profit taking levels between the 50% and 61.8% retrace. A measured move of this to the downside brings you to around $7600 which would be about the bottom of the wedge formation again.
I hope you all have a wonderful rest of your day and night! Hopefully this was of help as the price action seems to be a bit slow right now.
Twitter: twitter.com
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
Dash Long Term TrendShow cased by Mitch Ray.
Good morning ladies and gents! Dash has been in an overall uptrend since its listing. We are finally at the bottom of that trend where you'd expect price action to reverse. I am in strong belief that come q4 and or early of next year, some of these alts showing daily and weekly bullish divergence will start seeing a reversal in the trend back to the upside. The Gaussian Channel has not turned teal yet! Not good!
We are currently sitting outside of the trend just barely. We haven't seen in follow through price action as of yet and you the main importance here, is we haven't broken critical support yet, but we are currently sitting at it. Breaking it, could be extremely ugly. Their are supports on the smaller time frame, but you have nothing until like $17 from that wick all the way back from our first bull run on the weekly time frame. So, we need to start rallying above the support we are sitting at and get back into that long term trend we have been in or it's going to get real ugly, especially if bitcoin starts getting to lower prices between $6800 and $7400 (7200 being the .618).
I don't think for a long term position, it is a lot safer to take a position where we're at than if we were at the top of the trend.
You are showing Weekly Hidden Bullish Divergence on the weekly MACD as well as Bullish Convergence on the RSI. Stops need to be placed carefully and I recommend having exit targets in play.
Twitter: twitter.com
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!