4HR Double Bottom with Bullish Divergence on a "Stable Coin" We have a Bullish setup here on this failure of a stable coin and while things look fundementally bad for it i still cant ignore the technicals. I come at this chart with the mindset of all the money i put in is basically like throwing cash in a pit of fire but it's a risk i'm willing to take on the off chance that this Double Bottom plays out. My stoploss is non existant here as there is no support; absent of this Double Bottom playing out and pivoting the UST back to near it's target it can only go to 0 and die from here.
Bullish Divergence
NZDCHF Buy IdeaD1 - Price is bouncing higher from a strong support zone.
Bullish hidden divergence followed by continuing divergence.
Expecting the price to move higher further.
H1 - Bullish trend pattern.
Higher highs.
Until the two strong support zones hold my view remains bullish here.
ACMUSDT | Falling Parallel Channel - Bullish DivergencePrice action and chart pattern trading
> Falling parallel channel correction - Entry @ Pullback
> Target upper parallel channel resistance / SMA50
> 2nd target at key volume profile resistance level
> Stoploss at the lowest LLS bullish candlestick
> RRR: 3:1
Indicator:
> Smart money strong volume support
> Banker chip multiple entries
> Fundflow RSI bullish divergence signal coming out of the oversold zone
> KDJ stochastic bullish divergence
> BBD signal bullish approaching baseline indicating stong uptrend swing
Always trade with affordable risk and respect your stoploss
Bullish divergence + local low ichimoku scorePotential rebound coming in to the end of the week/early next week. Price may test the box another time, as it has shown to be resistance.
Weekly Double Bottom with MACD and RSI Bullish DivergenceWe have a Clear Double Bottom Visible on the Weekly and Lots of Bullish Divergence and Little Resistance above
EURCAD - Looking To Buy Pullbacks In The Short TermD1 - Price is bouncing higher from the psychological level 1.35.
Multiple false breaks with bullish divergence.
Expecting short term bullish moves to happen here.
H4 - Higher highs.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
GBPUSD BB Breakout Daily lost selling momentum. Created dojis.
Bullish Divergence on 4H and 1H.
15min Bollinger Band breakout coming.
Expecting 1.24700 area to be reached which is also an intraday pivot level for today.
UNVR is at the PCZ of a Perfect Bullish ABCD Leading to EarningsI will be speculating on the earnings today by Buying the June 17th Calls as we are at an ABCD PCZ with Bullish Divergence on the Daily. It is quite a bit sketchy that we are developing this Harmonic after having just broken down through a Demand line so i will be risking less than usual here but im still optimistic enough about the chart to take the chance.
A simple divergence trade on AUDUZDAUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000.
M15 bullish divergence. Stop loss is just 40 pips. Good luck!
EUR/CAD: Bullish perspectiveEuro/Canadian Dollar show us a momentum of possible change of trend in this Forex par. So, in the RSI we see a lower high in the divergence developing and we could to have a good perspective to see long.
I hope that this idea support you1!!
bitcoin stoch diverging bullishlyit seems like a temporary bounce may be squeezing shorts on the daily indicating a retest of the 37k area monthly trama 12 is still in the high 40ks but sinking
EURUSD: Bullish Gartley and Double Bottom on the MonthlyI feel like this Gartley could extend further down towards the 88.6 Retracement as that would be closer to the 1.618 Extension of this Gartley but it seems like it could be just as valid for it to reverse here at the 0.786/1.414 Confluence Zone so I will opt to try my luck and take an entry here and if it goes lower near the 886/1.618 Confluence area later i will try again later at those levels which is why i will opt to maintain a tighter stop than usual on this particular entry so that it could make more sense to try again if we ever hit those lower levels at the lower Confluence area.
We are also nearing the Bearish Target of a Previous Macro Setup i posted on the Monthly last Year in August that can be seen here:
BTC/USD Bullish DivI'm looking at some on-chain metrics such as dormancy levels, and I think if we can manage to decouple, it looks like a possible entry to accumulate. I see some bullish div on the RSI, so I'm going to be searching for some confluence in the upcoming days. On my previous weekly chart, I showed an Elliot wave scenario and mentioned I'm going to be looking for more confirmation on the shorter time frame. This is a hint of confirmation for me.
VRM Massive Falling Wedge on Bullish DivergenceI haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring.
I think we might see a spike to the $5.95 resistance this month!
Looking forward to read your opinion about it.
BTTC | Bullish Divergence - Falling Wedge Ending Triangle?Price action and chart pattern trading
> Local falling wedge ending triangle pattern within a global falling flag corrective ABC.
> Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv.
> 1st target 0.786 - 1.0 upper resistance flag - upside +20%
> Stoploss @ the lowest falling wedge position zone - downside -10%
> Risk reward ratio: 2:1
Indicator:
1. Smart money volume support
2. Banker chip entry signal
3. Fundflow RSI reversal pattern coming out of the oversold zone
4. BBD signal - bullish divergence - just below the baseline
5. KDJ stochastic bullish divergence
Always trade with affordable risk and respect your stoploss
EURGBP Buy IdeaW1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
H4 - Bullish trend pattern.
Currently it looks like a flat correction is happening.
Until the key support zone holds my view remains bullish here.
A valid breakout above the top of the range would be the validation for this bullish view.
$PINS: Bullish Divergence at PCZ of Bullish BatPintrest is at a very interesting area and we are already getting a bit of a Bullish reaction here once the MACD crosses Bullish on the Daily we should see some nice follow-through
I want to break free $KDARSI outperforming recent trend on the smaller time frames - If you zoom out KDA on the larger timeframes is a large descending wedge. Time to break free.
BTC bullish divergence from a bull flag in a bearish channelThe next few hours/days look to be a potential "break or bounce" moment for bitcoin.
After the recent lows from January, a precipitous channel had formed and was broken upward (light-blue dashed lines) forming what looks to be a bearish channel for which the price current is dancing along the bottom (solid white lines).
What is interesting is that bullish divergence has formed for both RSI and the MACD histogram (dashed white lines) in what looks to be a short-term bull flag (dotted white lines on price). As a result, there is a possibility of a bounce here potentially toward the 50% Fibonacci retracement level toward the top of the channel (near 50K). However, should price buckle here, there is a chance that the price could continue to fall down, even to near 32-33K (recent bottoms & Fibs) and potentially even 27-28K (the longer-term 61.8% Fibonacci from the 2020 Covid drop) and beyond (i.e., 16-20K due to 78.6% Fibs).
Looking at ALTs, there is a common trend of bullish divergence, but additionally quite a few ALTs still have some room to continue downward before a bounce back upward. I should warn that ALTs typically will follow the price of BTC, and BTC typically follows the trend of the general market, which has not been looking good as of late, but should any of the ALTs form a more definitive trend, I will post about them as well.
But as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions.
Will We "Affirm" A New Direction This WeekWill We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week?
I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock.
Bullish divergence on the daily chart.
AFRM is in the buy zone.
AFRM is in a range on the daily chart.
Outcome Expected- Break from range through the upper channel
*Identified risks-
-It will be very important to watch price action because the stock is currently trading below the 200, 50, 21 and 9 moving averages. Hence, the reason why I will be making a safe entry once the stock moves above the upper trendline or 9 MA.
-AFRM is ranging and I wonder if it will continue to do the downside as a continuation from the inverted cup and handle pattern or make a shift to the upside
-AFRM has earnings on May 12, 2022.
I look forward to watching what happens with AFRM over the next few days.
BTCUSDT | Falling Wedge Bullish Divergence - Dump&Pump@VP POC?Price action and chart pattern trading setup:
> Falling Wedge pattern with bullish divergence signal
> A possible dump & pump at volume profile point of control VP-POC?
> Entry @ Falling Wedge Breakout?
> 1st target @ upper resistance of parallel channel zone B and D position - upside +15% / +25%
> Stop-loss @ C position zone - downside -7 /- 10%
> Risk Reward Ratio : 2:1 for short term trade.
Indicator:
> Smart money volume support X1.8 - 2
> Banker chip entry signal
> Fund flow bullish reversal pattern
> BBD bullish divergence just below baseline zero.
> KDJ stochastic bullish divergence coming out of oversold zone
Always trade with affordable risk and respect your stop loss.
ETHUSDT | Bullish Divergence Upcoming Dump & Pump @ VP POCPrice action and chart pattern trading setup
> Falling wedge reversal pattern with bullish divergent signal
> A possible upcoming dump & pump at the volume profile point of control position
> Entry @ wedge breakout
> 1st target at 0.786 - 1.0 upper parallel channel resistance
> Stoploss @ lowest point of wedge zone
> Risk reward ratio 2:1 for medium term trade
Indicator:
1. smart money volume support 1.8X
2. banker chip entry signal
3. bbd bullish divergence signal crossing up baseline
4. KDJ stochastic bullish divergence trend reversal pattern
5. fundflow reversal pattern coming out of oversold zone.
Always trade with affordable risk and respect your stoploss.
Tell Ray to...I mean Tilray...Tilray Brands, Inc. NASDAQ:TLRY
Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees?
Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below.
Pattern Identified- A descending triangle was identified on the daily chart for TLRY.
www.tradingview.com
Position Explained-Bullish divergence on the daily time frame. TLRY is currently in a downward trend. However, it is in a buy zone. Both the RSI and OBV indicators are pointing up at time of this post (after market hours 28 April 2022).
Peace and Prosperity,
Al
*******This is not financial advice.**************This is not financial advice.**************This is not financial advice.*******
