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Bullsihdivergence

EOS Launch Incoming!!Money Makers! Keep an eye on EOS and add it to your watchlist. This project has always been very strong and it's one of the original coins. Its previous ATH was around $14 dollars and it has retraced all the way back down to the $4 range. If you ask me based on the MacD, the RSI which has a bullish divergence and has broken through a diagonal resistance with a retrace to touch support for confirmation, and finally the chart holding steady above support I can see a solid 50% or higher gain very soon. I will be watching closely for the right opportunity to invest. It's all about Market structure, Area of value, and Entry Trigger. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice. Simplicity Wins
Long
by rnaofs
BTC: Could it be a falling wedge? BTC looks like it is creating a falling wedge on the daily time frame. Every time BTC has been rejected from the lower wedge trendline it did so with a decent, above-average volume leading to a price increase. Although BTC did create lower lows for the past weeks, RSI made higher lows, which can be understood as bullish divergence. Medium-term, BTC might print a wick down to around 28k USD, which might then be followed by a price increase up until the upper trendline at around 32k. Upon breaking and successful re-test of the upper trendline, BTC can surge to 54-55k levels (this is certainly the most optimistic scenario). Intermediate targets are in the chart. Obviously, the falling wedge pattern is invalidated if BTC closes below the lower trendline. Comments are welcome. Please like & follow for more TA. DISCLAIMER: This is neither a trading nor a financial advice. You are responsible for your own actions so do your own research.
BLong
by c_c
Text Book Head and Shoulders on Gold - appears negated, for nowJust looking at the charts, and some thoughts. Tomorrow is the last FED meeting of 2020, gold traders will probably be adjusting last minute over the next twenty or so hours. That Head and Shoulders can come right back into play if traders and institutions don't like what they read or hear. Should gold go back below 1800, it might be time to consider the gold trade dead for the next month and change. On the other hand, a sustained and well-defended move back above 1880 would put Gold back on the trajectory to a target of 2000 or above. Goldman Sachs updated their target for 2021 as 2300 which seems reasonable if buyers continue to buy. Chinese Lunar New Year approaches on Friday, February 12, 2021 (year of the Ox apparently), which might signal additional buy pressure as February approaches, and traders might start front running that trade soonish. Also the holiday factor is kicking in. If no big surprises from the FED, we have only the news for clues as to what 2021 brings for PMs and for the markets as a whole. Eyeballing the RSI on my chart seems to show bullish divergence on the 30 minute chart, and apparent on the daily chart as well. Staying neutral, mildly bullish with the retaking of 1850 today. Not adding, just watching. A brief from Marketwatch on what to expect going into the meeting: www.marketwatch.com Tomorrow will probably be the last trading day of any significance unless Stimulus Talks Drama manifests once more. My thoughts, they have probably agreed on a strategy to keep things calm as we end out the year, even if there are major disagreements. We can all use the rest if that is the case.
FX:XAUUSDLong
by JJMa
Bullish Sector - 5G Play, Golden CrossNokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. Nokia continues receiving 5G contracts. On the Daily Chart, the 50-Day MA is ready to Cross up and over the 200-Day MA, Bullish I think NOK has a shot at reversing its downward trend real soon especially if the USA takes an ownership in the company like many White House officials have been talking about possibly doing to stop China. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NYSE:NOKLong
by HotCharts
1
#BTCUSD You know? You're being Fooled!Guys before you start reading It takes a lot of time and research to make these Free charts for you all, my community. Do support me with your likes and comments. Let's hep each other by sharing what we have for the community. Please hit that like button and follow my account for latest updates. Before you start risking your capital read this: Just 27 days left for the HALVING. This month will be crazy for sure. Miners want to stack FIAT for the new machines, BCH Halving had a negative effect on it's pricing too so what do we expect in Bitcoin? Let's make it simple all we can do is speculate, we don't really know what could happen but one thing is sure the big miners are trying their best to kick out small miners. Also this price action is not natural, I have observed a lot of spoofy sell orders to take your bags. This is an indication that we're bullish in the mid and long term. Halving is considered to be the most historical events for BTC and In my humble Opinion you must stick to your BTC rather than risking it. Although If you want to trade in short term, here's the chart for you: Currently we are trading sideways, with resistance being 85D EMA and 5OD MA acting as a support. I consider current area as a NO TRADE ZONE, We trade on breakouts: Break below the dotted line: $6768 I'll consider opening short position with Targets: $6456 and $6204. Break above the resistance trendline and $7200 I'll open long positions with target around $7600. IN A NUTSHELL, Resistance Levels: $6904, $7200, $7640 Support Levels: $6768, $6456, $6204 Although this is a reliable setup, Do your own research before trading this setup. Again if you like this idea, please hit that like and follow me for more updates. #Peace
BITSTAMP:BTCUSDLong
by Cryptorphic
5
Bullish Divergence And 50% Gain PotentialETH/USD is looking like a good potential buy right now, especially if price can break out of the falling wedge. The biggest thing i noticed from this chart was that there is a bullish divergence between price action and RSI. This is a great sign and i anticipate price to touch the upper resistance within the next two weeks. This would be about a 50% gain. I think ETH is due for a big spike. I am going to scale in but will be watching closely to make sure price does not break below that long term support line. *This is not financial advice. I am not responsible for any losses of money.*
KRAKEN:ETHUSDLong
by ParCrypto