Hidden Bullish RSI Divergence
BTC Showing Hidden Bullish Divergence at a Potential SupportBTC is currently at a Weekly Support/Resistance Level that goes back to January of 2021 and is hinting towards some RSI Hidden Bullish Divergence on the Daily. If BTC can hold this level of $38,220 we could see it come back up to challenge the More Major Resistance levels above up at around the upper 40-50k ranges if it fails to hold $38,220 then we will likely go down the the lower 30k ranges or worse. I believe these next couple weeks will be the deciding weeks of rather or not the BTC Uptrend Continues or we Fail and get a Major Pullback.
$BTC - #BITCOIN NEEDS TO BREAKOUT!BTC is approaching the resistance trendline of the falling wedge which formed on the 4h timeframe and the ichimoku cloud which is just above the current price
if we see a good fix above the ichi cloud and above the resistance (around 41k) in the next 1 or 2 4h candles, given the recent bullish rsi divergence, we can expect some more upside from the big boy Bitcoin
let's hope this fixes above these levels and lets our altcoins get some fat gains!
let me know what you think about this in the comments!
$SRM - falling wedge + rsi bullish divergenceSRM printed a bullish rsi divergence on 4h timeframe
I'm waiting for a breakout from the falling wedge pattern to enter a LONG trade targeting at least a 8/9% gain
what do yall think about this one?
Thu 14th Apr 2022 CAD/CHF Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a CAD/CHF Buy. Enjoy the day all. Cheers. Jim
Wed 13th Apr 2022 XAU/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. My previous Sell was stopped out yesterday for an overall small profit, and there is still a previous partial Buy trade in play. Looking okay here so far. Enjoy the day all. Cheers. Jim
SLP Daily TF TASLP right now has dipped just above 0.0155. This dip has created a tight hidden bullish divergence in the daily TF. We might bounce from this level and most likely hit 0.0293 and 0.0373. A falling wedge pattern is also present in the daily TF, once we retest the resistance which is around 0.0258 and we get a candle close above it, SLP will most like go back to the previous high. A possible fakeout could occur around that level but if that happens, we will dip to around 0.0184 and from there we will most likely retest the resistance again.
Tue 12th Apr 2022 XAG/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD (Silver) Buy. Nicely supported with hidden bullish divergence. Enjoy the day all. Cheers. Jim
Bitcoin BTC short-term view - combination of divergencesBitcoin BTC short-term view - combination of divergences
regular bullish divergence possible (green dot line)
hidden bullish divergence possible (blue dot line)
Looking all still bullish for me - what about you?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
SLP BIG SIGNALSDue to the recent news, the Ronin ecosystem was hacked. Lots of people got scared which resulted a dump in most coins like AXS, RON, and SLP. SLP went down to about 16% because of the FUD. Focusing in the chart, signals are getting stronger and stronger. The hidden bullish divergence we have is still intact, the longer it stays that way the bigger the pump once the divergence plays out. We have a big bullish butterfly pattern and a double bottom appearing in the 1H TF. If the RSI breaks the resistance which is the black line, we will go up. We could reach levels: 0.0226, 0.0229, 0.0238 , and most likely higher once Origin comes out. If Sky Mavis continues to release the alpha test for Origin despite the hacking that happened, we will pump big. This is a good opportunity for them to release Origin. Big reversal will come anytime soon.
SLP DivergencesWe have a hidden bearish divergence in the 1H TF. We might dip back to 0.0192 and from there we will bounce back to 0.0201. From a bigger perspective we have a hidden bullish divergence growing stronger and stronger. After the small dip we might go back to 0.0216 and if the candle closes above 0.0216, SLP will go back to 0.0238 and possibly higher up to 0.0252 and 0.0280.
SLP WAVE 3SLP just reached 0.0235 which was my prediction in the bullish term. Using fib levels we we might dip more possibly to 0.0208 and 0.0192. If we bounce from 0.0208, we might reach levels: 0.0235, 0.0252, and lastly 0.0280. I am favorable on SLP bouncing from the current level due to a hidden bullish divergence in the 15M TF.