Bullish Divergence
Bitcoin make support above $30,000 USDIn this analysis, we see that Bitcoin it's showing us a bullish rising wedge, my own proyection it's around of $41,200 dollars, that are my next target profit. Now, lookng in the perspective, we have in 4 occasion that Bitcoin form a strong support above of $30,000 dollars, that mean that bulls are defend this important zone to continue our boughts. For that, I put a buy order limit a little down as $31,100 USD to be activated in some hours. And my SL it's around of $28,500 dollars.
And also, the RSI make bullish divegence and also the price action in H4 chart in the same time, just that we could see a formation of double bottom in Bitcoin in this timeframe.
Now, this it's a bullish risingw wedge more see in H8 chart!!!
And for you, I see that I'm so good in cryptocurrency than Forex, becuase I believe that my work in trading it's based more in volatile market and maybe cryptocurrency it's one of the market that I work better than another like Forex, commodities u others. But yes, I can to make the following. I can to make daily analysis on crytpocurrency, but yes reading Forex market fundamental and analysis to know the situation of the economic world ever, but my personal opinion, I don't like to trade much Forex and well, as I grew up in cryptospace, I beliee that this market it's one of my prefered. But now, I'm interesting to trade stock or maybe take any course to trade stocks market. Maybe, this market it's more relationaed with volatile market, and then, I prove that cryptocurrency I like much than Forex becuase I like to invest and trade assets. So, for that, I didn't consider that crypto are the best and more popular and international. But, in case I can to continue reading the Forex specualte news becuase I like to follow the economics trend and how it's affect the others market. Now, in case for example, Gold and Silver, maybe it's not so volatile, but yes and it's have more implication with Forex. For that, at the moment, I will continue trade cryptocurrency, and then, learn to trade stock marekt, it's my next mission for me.
XPEL ... Bullish divergence and pocket pivots on hourly chartI have been watching XPEL since a week ... it was listed as sector leader on investors.com
I see bullish divergence on hourly chart ( see the notes on above chart )
pocket pivot found ( large voulme registered today / 26th Jan 2021 )
Once it breaks the resistance level at 54.98 ( see the red line on the chart ) , it will go up further
Let me know what you think about this
USDMXN Falling Wedge: Showing Triple MACD Bullish DivergenceIt looks like we will be breaking out of a falling wedge soon while showing triple MACD Bullish Divergence on the Daily after holding support on the 200 week SMA and log scale 786 fib retrace with Hidden Bullish Divergence on the weekly shown here:
$Art looking like a piece of art.$art is looking like a beautiful buy with a triple bottom on its new found floor, not to mention a pretty bullish indicator on the macd, stochastics and rsi. This is due to the lowering price and the rising indicators into the bullish territory making for a pop in price.
Crazy.
Pump it.
$1
Weekly MACD Bullish Divergence: Bullish ABCD PCZ Hit.GBPUSD has formed a broadening top on the weekly and has shown weekly bullish divergence at the bottom of the formation along with that it lines up with the 2.618 which would be the PCZ of a potential Bullish ABCD pattern The target for this setup will be at our horizontal resistance but i could see it possibly going higher to test the upper trendline.
$docu - consolidating before another breakoutsaw a nice gap up off the cup's handle break. has been consolidating for a few days, now forming a bullish triangle pattern sitting at support. watch for a breakout.
other bullish indicators:
- macd crossover incoming
- bullish divergence
- bigger picture flagging on the daily
Bullish divergence on SPY hourly chartHourly chart ...
SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence
wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ...
On Jan 5th also I have found and published the bullish divergence in SPY ... see what happened next price went up ... (see the previous link below )
EURCAD Short Term Buy Idea From Key Support ZoneH4 - Price has reached a key support zone formed by the bottom of the bullish channel, 161.8% Fibonacci expansion level of the first wave, and the 100% Fibonacci expansion level of the second wave.
Bullish divergence.
Until this key support zone holds my short term view remains bullish here.
SIFY Trade alert! Bullish divergence, broken trend, retesting!Could be a play to be made if we break that 618 fib and give confirmation to the reversal.
Downtrend has been broken and trading has went sideways with lowering volume .
Id keep an eye on the volume but the MACD shows bullish divergence , and the chart represents it clear.
USDCAD Speculative BuyThis setup is speculative buy.
As we know the price still downtrend and already break previous support.
but we have one big bullish candle engulf 4 previous candles.
This could become a false break
RSI also show a bullish divergent.
reduce your lot size as this is a speculative buy
Weekly Bullish Divergence: One Final Chance for a USD Comeback!DXY showing some seller exhaustion here we are attempting another breakout of a wedge that we have been stuck in for about a year.
We have some classic bullish divergence on both the RSI and MACD weekly.
Along with the divergence we closed last week above the bottom trendline with a Bullish Pinbar which is a bullish candlestick reversal pattern commonly found near the end of downtrends.
The looks to be the final stand for the US Dollar as if we don't bounce here we are likely in serious trouble and will see much lower prices.
Based off the technical I expect us to see a sharp reversal to the upside and suspect that USD will perform well on USD Pairs and that stocks will do badly in the comings days and weeks.