Bullish Divergence
Casper Sleep is looking bullishNYSE:CSPR broke out of the falling wedge and formed a head and shoulders pattern with bullish divergence with the RSI. Buy now or after breaking above the H&S neckline at 7.65$. Target 10.15$ and stop at 6.2$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
BTC/USD fake decrease!(bullish divergence has occurred!)Hi every one
Bitcoin / U.S. Dollar
chart is speaking it self!!
we can see that the BTC/USD chart has formed a descending triangle which technical analysis says that the price will decrease eventually, but we don't think so! there is also a regular bullish divergence (+RD) as well so we think that it is more likely for the price to rise once again! so wait for the triangle to break ,if it breaks we shall see a huge amount of increase in the price!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
LONG ZEC BULLISH DIVERGENCEIf you have been following me you will have seen I love trading divergences. I have spotted an exaggerated bullish divergence on the 4h ZECUSDT pair. This divergence is also present in lower time frames.
There is also a double bottom and we might see a decent pump on this pair.
I take profits along the way but the ultimate target is the previous local top.
This is not investment advice. Please manage your risk and don't put more than you are willing to lose.
Sushi LONG!Bullish divergence spotted on the 4H SUSHI/USDT pair. We can see we have flipped resistance into support and have attempted to break the support with no luck (bullish).
Expect a weekend DEFI pump and sushi looks like one of the winners. I will enter here with stop loss indicated on the chart.
Not investment advice. Bitcoin could nuke and destroy everything!
DOT/BTC 4Hr Bullish DivergenceDot/Btc forming a bullish divergence on the 4hr. Looks to be confirmed with the positive bounce so far. I am going to be spot long on this long-term as well as taking a shorter term margin trade based on this divergence. I think DOT will perform really well if we get an Altseason.
Some fairly serious Bullish Divergence on the USDNot a trade, just an observation. Nerves must be a bit frayed at this point. S&P500 looking top-heavy, but still in green on the week, BTC just painted a new ATH, Gold has moved almost 100$ off the last low. Having a foreboding feeling as we have about 50 minutes till the last FED meeting of 2020. At this point, all we have really is hope that they have carefully worded their presentation. Think I'm gonna need a stiff drink after 4 pm, or possibly earlier if we see fireworks.
RSI is showing bullish divergence on the 1 hr, downtrend is at risk of being reversed at least in the short term until we know more.
DOUBLE BOTTOM SUPPORT and BULLISH DIVERGENCEDouble bottom support has been made on ascending trendline on 1hour chart. And also we can see Bullish divergence made on the chart already. When we draw Fibonacci retracement, there was clear resistance on 0.5 level and i think trend will go through 0.5 level and retest the 0.5 level and go to the next level of resistance around 12640 to 12700.
AUDNZD Buy Idea Based On Multi-timeframe Analysis D1 - Price is bouncing higher from a key support zone formed by the 261.8% fibonacci expansion level of the first wave and the 100% fibonacci expansion level of the second wave.
Bullish divergence.
H1 - Bullish trend pattern followed by a flat correction in the form of a range.
If we get a valid breakout above this range we may then expect the price to continue higher further.
EURJPY Buy Idea Based On Multi-timeframe AnalysisD1 - Bullish rally followed by a correction in the form of two waves to the downside.
Price reached the key support zone formed by the 38.2% - 50% fibonacci retracement zone, respected it and bounced higher.
Bullish divergence, most recent downtrend line breakout.
H1 - Bullish trend pattern.
Until the strong support zone holds I expect the price to continue higher further.