GVT looks bullish, but BTC still downMy current assumption for $GVT is,
In the D chart GVTBTC has a nice hidden bullish divergence and in the 4h chart a bearish cross between EMA and Kijun Sen. Looking at the 4h you can see that RSI is oversold, last time the RSI was this oversold was in December. The Kijun shows that price currently hit a strong resistance level, there might be an opportunity for bounce plays.
But all of this doesn't matter that much since king BTC is in a downtrend & disarray, so GVT may fall further. In case that BTC bounces back, GVT may be one of the bigger gainers in that short period.
Hidden Bullish RSI Divergence
Ardor: Keep it simple, the only way is up!Another very solid project: Ardor! Ardor is a project of Jelurida, who have been around since 2013! Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility (a huge problem on ethereum, remeber the Crypto Kitties). Ardor is being designed as a complete ecosystem where multiple players can interact with each other without needing to go outside the platform.
Ardor priceaction is very straigthforward: higher highs, higher lows: the definition of an uptrend! Ardor went live on january 1. 2018, we saw a major bullrun while approaching this date, then there was some fud due to the fact that Bittrex closed trading for quite a few days, having internal problems connecting to the new blockchain. Ardor ended up allmost fully retracing the bullrun and hit longtime support a few days ago. The fact that this higher bottem in price led to a lower bottem in the RSI-indicator (hidden bullish divergence) is the icing on the cake!! Look for a new bullrun towards at least the green target box.
GBPUSD Buy IdeaD1 - Hidden bullish divergence.
H4 - Bullish divergence followed by bullish convergence, we may look for corrections and then continuation to the upside. We also have hidden bullish divergence.
H1 - Double wave down, bullish divergence. Price broke above the trend line and also it broke above the high at 1.4020, we can start looking for buys.
RSI Indicator - Technical Analysis Summary using ETCBTC D ChartGeneral RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred.
I hope others find it useful.
Source Used: Thanks Crypto Cred!!
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www.babypips.com
EURUSD Buy IdeaW1 - Hidden bullish divergence.
D1 - Double wave down with bullish divergence. Trend line broken.
H1 - Triple cycle up. double wave down. There are two magnet zones. We may now expect the second leg of the double wave to reach the magnet zone and then we can go long with the breakout of the trend line.
Oil Double ScenarioH4 - Hidden bullish divergence, we can expect second leg down until the price reaches the magnet zone.
H1 - We may expect pullbacks and only down moves.
We expect the price to move lower on short term and in the mid, long term.
Hidden Bullish Divergence is observed on EUR/USD DAILY Chart.Indicates underlying strengths. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retests of previous lows. BUY THE DIPS".
Strategy Buy Above: 1.0875, Target 1.14700.
POTBTC (PENNANT + HIDDEN BULLISH DIVERGENCE)4HR CHART:
-BULLISH PENNANT.
-25 PERIOD RSI HIDDEN BULL DIVERGENCE (PRICE HL , RSI LH)
-MACD HIDDEN BULL DIVERGENCE (PRICE HL , MACD LH)
-PRICE IS ABOVE THE 50 PERIOD MA (ORANGE LINE)
IF THERES A MACD CROSSOVER AND THE PENNANT COMPLETES THEN MOON
ALSO, 4/20 SOON
KIWI may resume bullish behaviourNZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence.
entry - above high of low test bar
stop loss - below low of low test bar
target - at previous resistance at ~0.6880
Return of bullish sentiment on AUD/USD?A retest of ~0.7070 and a third retest of the ascending trend line shows price maintaining structure of new higher highs and higher lows. As indicated too to by oscillator hidden divergence a bullish rally may resume.
entry - above high of Friday's reversal bar
stop loss - below low of Friday's reversal bar
target - at or above previous high
