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Bullish Divergence

It Looks Like A Double Bottom But Very Likely Could Be A TrapI was looking at this earlier as a potential double bottom with bullish divergence and was looking to take a position after the sessions opened but after a few hours of waiting and letting the trading of this asset go on during the sessions i have not seen anything that would signal immediate bullishness. I think that this "Double Bottom" Has potential to trap many bulls and instead send the price down to around $9. The signal i will be using to enter short is once the MACD breaks the trendline and crosses bearishly i think we will see a nice move down to the $9s
Short
by RizeSenpai
EURUSD Aug 25th Swing AnalysisWeekly MFI is oversold indicating possible bottom out and major trend continuation to upside. 4H bullish divergence. 4H engulfing candle crossing ichimoku cloud. If price breaks channel looking for swing to resistance levels and final swing price goal of around 1.23000. In the past when price moved from this area it took a month give or take to move 500-600 pips when it was ready. Since August is almost over. If price breaks channel expecting September and October to be bullish and get to final price 1.23000.
Long
by JasonFosterII
MU saw some people on Bezinga Stream floundering on this..This shows MACD Bullish Divergence and thats to $92. My path shows to $120-128. Chart looks really. Good. I used the Cloud this time to find the same move in the past. As i think its more reliable when you can find price action dip into the cloud the same way and with the same kind of candles that have been painted. I customized this Cloud way out of wack from the standard I dont know what possessed me to use the settings I have but It has been very reliable. by iCantw84it 07.30.2021
NASDAQ:MULong
by iCantw84it
1
Crypto Poised For Another Weekend PumpIt seems Binance USDT pairing oracles are having issues on TradingView at the moment so we switch to BTCUSD Coinbase exchange to give us a more updated view of my previous idea on Bitcoin that is currently playing out nicely. As you can see in the chart there are a lot of things going in terms of what has played that has given us a clearer picture. One of the first things that stands out is the bearish head and shoulders pattern that broke today and resulted in a decent pullback of a 5% measured move. And in doing so created a slightly higher low on the 4 hour chart.. meanwhile the RSI is diverging and still putting in lower lows which means we now have hidden bullish divergence on the RSI on the 4 hour timeframe. The key to this is in the fact that A) a bearish pattern has completed itself and B) bears failed to pivot the macro movement of price with a lower low that would of course created the first leg of a potential downtrend. This leaves us now with momentum for a retest of previous highs right around $46500. There are bearish things to keep in mind as Bitcoin does appear to be rounding on its chart which means Bitcoin's price action needs to get moving as further consolidation in this area would seem more favorable for the bears than the bulls. We do have eerily similar hidden bullish divergence that played out in July that resulted in a quick 10% move to the upside. That would be enough to give BTC another higher high on its way to what could be much higher price levels in the not so distant future IF this was to play out.
COINBASE:BTCUSDLong
by TradeVibez