LRC: BULLISH divergence on daily chartBullish Divergence Confirmed:
Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing bullish divergence on the daily chart. While the price has made a lower low, the RSI and MACD have formed higher lows, indicating weakening downward momentum and a potential trend reversal.
Low Market Cap Potential:
Given the coin’s low market capitalization, it has the potential for significant price appreciation if buying momentum accelerates, as low-cap assets are often more volatile and responsive to positive sentiment.
As always, monitor the trade closely and adjust your strategy as needed based on market conditions.
Diver
GBPJPY 240 min CCI tells.Current ShortOn H4 chart, there has not yet been a CCI regular divergence with price. If CCI does across up through the down trendline (tl) on CCI, that would be a Long signal. (even if it does, usual CCI patterning warns there might well be a retest down a little before a strong upmove).
Until then, GBPJPY is still signalling short based on
1. previous short signal (CCI break down thru and up tl)
2. no CCI diver
3. apex of CCI trendlines is well below 0 (zl)
Price likes to rise again to form a higher right shoulder, so I would keep a close eye on shorts. The point of this post is to illuminate trustworthy warnings. Tho H4 is not yet showing Long, I would be watching lower TF's for early reversals of the 3 points listed above, and be ready to take an aggressive entry long using a small stop