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Bullish Divergence

CAD/JPY - 1H - Breakout SetupCAD/JPY is in a range, forming a symmetrical triangle . The price action is currently testing an important resistance zone after forming a double bottom on support zone. I'm expecting a resistance breakout due to Double Bottom + Bullish Divergence on the RSI and Volume uptrend on OBV. Now key zone for bulls is to break above the resistance zone. While a break from support zone will bring bears in party. The price could also stay in the range. Trade your levels accordingly.
by yo_zubair
CRONOS $CRO Long Idea - Hidden Bull DivI'm thinking we get a trend continuation here on $CRO, after that big rally a few days ago price has pulled back and bounced from the break out level There was a breakdown and retest of the 20 period H4 simple moving average and is still currently below that level, so we may see another move down before up, however i think up is more likely due to the hidden bullish divergence on the RSI. tldr entry 0.140ish region stop 0.13845 below prior swing low wick target 0.15455 (previous candle close swing high) however if BTC continures to go up i expect further up side to 0.167 or so Follow me on Twitter :) im just rebooting this account after sometime
FTX:CROPERPLong
by disgruntled
ANCUSD Seems Ready to Recover 50%-61.8% of it's Crash Losses.A few months ago every tradable asset associated with the Terra Ecosystem had major crash and Anchor Protocol was one of the assets affected. Since then ANC has been sitting here at these lows forming Bullish Divergence on the RSI and the MACD is refusing to turn negative as ANC Trades within this price range despite the steadily declining price. I believe that based off this ANC is signaling to us that it is ready to recover much of it's losses and my targets will be the 50% Retracement and the 61.8% Retracement.
ALong
by RizeSenpai
WHA | Wave Projection | Inverted H&S Bull DivergencePrice action and chart pattern trading setup: > Wave projection possible intermediate 4-wave rebound with inverted head & shoulders reversal pattern and MACD bullish divergence > Entry @ Neckline pullback > Target @ H&S Target or 0.386 retracement of previous 3-wave +6% upside > Stop @ right shoulder - 3% downside > RRR: 2:1 The downtrend target C-wave or final 5-wave estimated at 0.786 of the last B-wave Always trade with affordable risk and respect your stop
SET:WHALong
by dukeposh
REN Weekly Bullish DivergenceWeekly: Bullish div on MACD-H, MACD lines, EFI, and EFI ATR channel divergence. Stochastic RSI is turning up. EFI is entering bullish territory. Daily: Daily is turning down after an upspike. I would like to see Stochastic RSI crossing back. It seems the Value zone will hold as support, but waiting for confirmation of that. There was a nice bullish div on the daily and it made a high. Not it has retracted to the value zone, and if this holds, I'll buy . EFI is at the zero level. I have not entered, I would like to see Stochastic RSI turning back, or get into a good setup on the 4H chart. I will update when I have entered. Entry: below 0.119 (I'll try to find an entry on the 4H or daily setup) Target 1: 0,356 Target 2: 0,402 Stop loss: 0,0795 R/R: TP1: 1:5,7 TP2: 1:7
FTX:RENUSDLong
by Tornado_Trading
AAVE - Falling wedge is breaking out! + Complete Elliott Wave AAVE is ready for a new bull market! On the macro scale, we can see a falling wedge pattern that is currently breaking out. As per my Elliott wave technical analysis, the ABC correction has been completed and because of that we can expect a new Impulse wave. Good news is that the price has been supported by 0.786 FIB + yellow trendline. We didn't make a new low on the macro scale, so there is a great chance for a new bull market! If we take a look at the RSI indicator - we can spot a bullish divergence, always nice to see in the end of the downtrend. Next target is ofcourse previous all time high from 2021. I see a lot of altcoins probably bottomed out, so next weeks / months can be finally bullish. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
9
Is the 'drought' over?CRYPTOCAP:USDT.D Looks like we're in for a bullish term on the crypto market!! Since January 2022 the USDT.D (which serves as a very important factor in deciding the direction of the overall cryptocurrency market) has been on a continuous uptrend until May where it started forming a hidden RSI divergence on the daily timeframe as shown on the chart above. To confirm this a higher peak was formed at 9.49% on the the 18th of July along with a lower RSI trend compared to the previous peak at 7.27% on 12th May. As of 13th July the daily candlestick closed bearish, engulfing the previous candlestick despite the U.S CPI data release which was very poor. I'm looking forward to a more bullish trend on the overall crypto market along with a steady increase in momentum in general. - Joel Please like and leave a review I'd like to know what you think about my idea 😃.
CRYPTOCAP:USDT.D
by Jo3elll
2