$HUT - 2 Chances HUT broke down from the inverse head and shoulders. It even has candle confirmation - spinning doji followed by bearish engulfing. It is fair to say that the IHS is NEGATED.
I see 2 bullish scenarios here on $HUT . In this order:
1. Bullish divergence on $HUT. It can bounce righy here on the 4.50 support and see much higher levels: 4.8, 5, 5.5 and even higher levels.
2. $HUT loses the bearish divergence and goes for oversold zone (below 30 RSI and under). It can try to bounce here.
Thanks for reading. What do you think?
This is not financial advice. This is solely for entertainment purposes. Do not take anything from this idea as advice in any way, shape, or form.
Bullish Divergence
YFIIUSD: Inverted Head and Shoulders at the PCZ of a Bullish BatThere is an Inverted Head and Shoulders Pattern with Triple RSI Bullish Divergence at the PCZ of a Bullish Bat.
You likely don't want to see price trading below $1,480 and your first area for taking profit will probably be around $4,165
Mild Bullish Divergence in LGDTFI don't know if anyone actually trades this, but I've been holding some bags on this piece of crap for a couple of years (don't ask) and check in on it from time to time.
It's been trading in a decent range for the past 6 months (give or take) and recently put in a new low at $0.66, creating a very mild Bullish Divergence. Its Correlation Coefficient to gold is currently near 0, but historically oscillates closer to 1 (as you'd probably guess).
This is not a prediction, and certainly not a trade recommendation, but if inflation keeps running hot and gold advances over the coming months, maybe this can catch a bid and head back up near $1 or higher. Alternatively, if there's follow through with the selling, I'd guess it will be trading sub $0.50 in short order.
Take all this with a massive grain of salt, and proceed with caution.
BTCUSD - Bitcoin resistance and bullish divergence 20110410Bitcoin didn't break to the upside according to the previous target but it's still contained between the upward sloping lines of the ascending channel. The price suffered some pressure and broke to the lower part of the channel (below the median line).
However, the chart shows a bullish divergence which demonstrates that bears are losing power and that bulls can be ready to control, confirm the bullish divergence with the price and RSI oscillations in the chart. The price should pass the median line of the ascending channel, approximately around $43,500, to enforce the narrative that the bulls are taking control.
There's some resistance at around $45,600 and $46,900 so the price may struggle to break these levels, something to watch closely.
If the price breaks above $43,500 it can go to around $45,600. If the price doesn't break above $43,500 it can go sideways or to the lower trend line of the ascending channel around $40,000.
Aterian Long Hold TradeAterian Long Hold Trade
TECHNICAL RELEVANCE:
RSI Bounce From Oversold Levels
MACD Bullish Momentum On Long Term
Bullish Divergence With Price & Indicators
Increasing Volume Candles With A Recent Spike
Strong Breakout Having 100% Gains In One Week
Recovering Lost Value During USD Value Increase
Convergence With Trendlines To Ultimate Target
TARGETS:
$7.77 Magic Number
$12.00 Golden Range
$19.00 Fibonacci Extension
$30.00 Bullish Confluence
SRMUSD: Double Bottom Visible on WeeklyWe have Hidden Bullish Divergence at Support on the Daily and a Lower Low Double Bottom Spring of a potentially failed Double Top Pattern on the Weekly with Bullish Divergence and if it plays out we can very well see a rally up to $12 and if it breaks all time highs it will target $22-$24
EUR/CAD: Bullish Hide DivergenceEuro/Canadian Dollar show now a good opportunity to put in long position in this par as we see clearly in the price action that this will could to see any liquidation of shorts, but you can to entry in the favor of this manipulation zone. Also, for reference, this diagonal downline it's showing like a retest and this could be another confluence that there're an important support that we can't to miss. The support it's around $1.3697 CAD, or for reference in this grey zone that I draw here. And also, we forming this bearish channel and the price it's inside it.
And also, by Daily timeframe we forming another divergence forming a lower high in the RSI and price action forming a lower low. But that it's remain a possible signal that Euro will going to strengthen in front of Canadian Dollar.
So guys, I remain that we forming a bullish divergence in H4 timeframe and we see a good opportunity to long EURCAD
I put a long around $1.3669 CAD and SL to $1.3607 CAD and target to $1.3838 CAD. Also, for reference, you can to go in H2 timeframe as we see a good perspective to buy
EURJPY Buy IdeaD1 - Higher highs.
Currently it looks like a pullback is happening.
Expecting the price to continue higher further after pullbacks.
H1 - Currently it looks like a flat correction is happening in the form of a range.
Bullish divergence.
A valid breakout above the top of the range would be the validation for this bullish view.
Shiba Inu: Double Bottom at PCZ of Bullish GartleyWe have tow bottoms at the .786 retrace PCZ of this Bullish Gartley with the addition of Bullish Divergence and if it plays out Shiba Inu could go absolutely insane as it has historically except this time there would be a tremendous technical argument as to why it does rather than it just being for the memes.
Bull Flag Visible on Weekly Timeframe with MACD Bullish CrossThis is a company that has quite a good P/E and has Bounced from the bottom of a Parallel Channel after printing Bullish Divergence on the MACD. As of today the weekly has closed near the breakout point of the Channel and has confirmed a Bullish MACD Crossover above all the major Moving Averages.
Due to all this i expect that upon breaking above the channel we will have a Blue Sky Breakout that could take us to $28-$30
Double Bottom with MACD Bullish Divergence at 200 Week SMAThis is a riskier trade than normal so i will be reducing my size on this trade but will be targeting insane movement to the upside.
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
Silver Buy IdeaW1 - Price has broken above the top of the range.
Higher highs.
Expecting the price to continue higher further.
H4 - Currently it looks like a correction is happening in the form of double wave down.
Bullish divergence.
Until the two key support zones hold my view remains bullish here.
If we get a valid breakout above the downtrend line we may then consider it as a validation for the bullish view.
Bullish Bat with Double MACD Bullish DivergenceWe have Bullish Divergence on the RSI and 2 Instances of Bullish Divergence on the MACD at the PCZ of a Bullish Bat Pattern on the Daily; the Moving Averages are beginning to curl up and the 4 hour is testing sitting at the moving averages at the Neckline of a Double Bottom at the time of posting.
Morning Star Bullish Bullish MarubozuWe have a Morning Star and the Bullish Candle happens to be a Weekly Bullish Marubozu and it is showing Bullish Divergence and the MACD and RSI nearing a Breakout of a Parallel Channel if we get continuation in the coming weeks given the MACRO in the sector we could see something big happen here.