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Hidden Bullish RSI Divergence

ADA's latest Movements Explained + Expected movement for future!Hi every one Cardano / US Dollar we are gonna Review ADA's latest movements . first ADA has started a bearish Movement in a Descending Channel after the Bullish break out happened , ADA formed a Big Rising Wedge Pattern and when the Bearish Break out happened, The price Formed an Ascending Triangle which The break out for It has already happened and it Increased the Price .These patterns are all in a big ascending Triangle! The price has not managed to break this pattern yet, but when the break out happens the price is gonna Increase as much as the measured Price movement (AB=CD). If that happens ADA is Gonna Reach 4.2$ which will create a New ATH! with Alonzo Update right around the corner, the odds of Creating a New ATH is High! wait for the Break out to happen! Summery: -ADA has been in a lot of patterns Recently!(channel,wedge,triangle)! -all of these patterns are in a Big Ascending Triangle! -the Price can Create a New ATH at 4.2$ -since Alonzo update for Cardano is available soon, The odds of creating a new ATH is Pretty High! -Wait for the Break out 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
33
Monthly Hidden Bullish Divergence Supports DXY Upside MoveA quick post with wide-reaching implications. I have distorted the charts to really zoom in on the hidden bearish divergence. The price action has a higher low but the MACD and RSI have set lower lows. That action increases the probability that we will see a sustained MACD cross and a uptrend that could last a 18-24 months. A zoom into the weekly time frame shows a double bottom. There was some chop going into the double bottom so I am not surprised by the chop I currently see at the neckline. That move completing to target puts DXY around 98. Predicting what will happen in the markets is always confounded by central banks so I hesitate to forecast too far out. If DXY is strengthening that is relative to a basket of currencies. Those other countries may experience increased dollar demand due to their dollar denominated debt, and that just sees the dollar go even higher. The initial move in the dollar could see US equities sell off as they are dollar denominated and other countries market participants cash out to meet their dollar demand. There is also the usual squeeze on the store of value trades/investments in silver, gold and for some, bitcoin. We get into dollar milk shake theory by Brent Johnson out of Santiago Capital but that is a big can of worms to open up. Quite simply I am just preparing for a DXY move to the upside.
TVC:DXYLong
by This_Guhy
3
Symmetrical Triangle Play on DashThis is a simple support and resistance play on Dash with the basic adage: the trend is your friend into the end. We have a 50 day uptrend and a three week consolidation so far within this triangle. That means we have support and resistance trades that really don't require that much overthinking. I am long at the triangle support with a stop loss as shown in the main chart. Take profit will be just short of the fib retracement golden pocket at $345. Risk to Reward is a nice 14. The dotted line is the height of the triangle and it concurs with the fib retracement target at 1.618. Thirty minutes is a pretty low time frame to be looking for hidden bullish divergence but it is there in the chart below. Given we have a 50 day uptrend and that contains a 3 week consolidation pattern we are looking to simply set a stop loss at support with a bit of validation from the indicator. This is our third touch on the triangle support so it lets us get a tight stop on low time frames. The bearish scenario is rather than being a consolidation pattern this is an ABC correction and we would have downside targets around 160 or 120 ash shown below. The rational for that trade would be that the blue line had flipped from support to resistance. Should the price break down from the triangle I would be watching it to retest the previous triangle support as resistance before taking a short. In other words, according to my system I would not be short just yet. And I want to give a fair hearing to the bearish scenario. Based in daily indicators alone this chart looks really bad. But as I said in the beginning, this is a play on continuation to the upside and the triangle support is currently being validated, so I am taking my long in the face of this brutal daily chart. If you are familiar with my system then the chart below makes a lot of sense. I use the VSTOP and MTF VSTOP to determine trend and dynamically chart support and resistance. This play is using continuation to assume the VSTOP will act as dynamic support in this instance hold. If I am wrong I will be stopped out in short order. The linked ideas show some relatively low time frame formations that made target in short order. The BTC head and shoulders did suppose that the formation could over-perform due to how tenuous the bitcoin situation was but when price broke down it went right to the 1.618 fib retracement level before pamping. Likewise on the dashbtc target. I was hoping for more continuation but price went right to the 1.618 level then dumped. This time I am going to be agnostic when it comes to hoping for some over-performance. I will be taking all of my profits, thank you.
Long
by This_Guhy
ADA and ADA.D and crazy targetsADA has had an extraordinarily good last 5 days and we are going into the weekend before the weekly candle closes so a lot of the observations on the chart are still pending. This post is just another iteration of my volatility and momentum system that I have developed over the last couple of years. Just grinding what works for me. The Thumbs up are what has flipped bullish and needs to be maintained till the weekly close. The question marks are what still need to develop and are unlikely to develop this period. Getting everything to be thumbs up on the weekly can get us a high probability impulse. Last time we went from 15c to over $2 before the weekly VSTOP flipped. We can outdo that this impulse. The chart below Using the double ichimoku clouds for trends and volatility we can see price action has popped above the kijun (crypto) settings and both clouds are bullish. This is a very good place to be if you are long. The On Balance Volume EMAs are getting themselves stacked bullish once again with OBV above the 10 EMA, which is above the 20, which is above the 100. There is not a lot of detail to the monthly chart but it is clear that no component of my system flipped bearish on this time frame while other top coins did. That puts ADA as a leader. I am not going to give you a powerpoint of death, but ADA is bullish on the daily, 3d and monthly according to my system. It just needs to get the weekly sorted out and I believe that has a high chance of happening. The chart on Ada Dominance is extraordinarily bullish. It may go x3 in 2022 in a bull market which suggest massive gains for ADAUSD. The rising wedge does appear to converge on the 1.618 level and generally that predicts a breakdown to the bottom of the wedge. In blow off tops you can see price action pop out the top of a rising wedge before reversing in dramatic fashion. This will be a chart to watch. Here is my crazy bull market scenario. I have seen enough movements assets to reach the 2 line that I think this has a higher chance of occurring than most people would initially accept. Have a look at TSLA. It consolidated for 6 years and then has gone up to the 3 line and might take out the 4 line on the next upleg. Absolutely crazy target. If you said that TSLA could be at 715 when it was at 50 (accounting for the split) and you thought 1400 was a target people would have called you mad. But a few years later here we are. And ADA has a lower market cap and a faster market cycle. Here is Bitcoin with a fib log channel from 2015 when it was under $200. That 1.618 line has been very predictive of stalls and tops. The 1 line was very powerful as support. I think we will see BTCUSD approach the 2 line, very easily. All that suggest to me that my ADA target is crazy, but doable. My plan? Look for pull backs to buy on the 12h or daily on heiken ashi candles and use those to add to my position and set stop losses. If price is above the clouds and above the 50 period and we go from red to green and get some shadow less candles it is time to look for an impulse. I hope to let my winners run and so I will be doing more of trailing my stops up than taking profits unless we are at a serious level on the fib log channel.
BINANCE:ADAUSDLong
by This_Guhy
12
SAND - A continuing Idea - Is it ready to go up?Hello traders, happy hump day! :D This idea is stemming from the related idea I have linked. I think SAND has entered and started it's reversal from BEAR to BULL. There is still a bit of support on the bottom though, down to .59. I do admit, it could be slightly early, but I am going with my gut this time because the last couple of days I have decided to just stay. I missed out on a few like AXS because I hesitated. It's possible SAND doesn't even rally that high, and BTC and ETH's impending doom to ~$20k might invalidate this.
Long
by Erialos
2
Potential Cup With Handle on WeeklyIf we can get a green weekly candle close on the HA candlesticks between the .618 and .886 then i will expect that we will run up to test resistance once more and if broken we will see quite a run up. But if we just break down through all of our fib levels without showing and hint of bullishness on the weekly then we will likely crash down all the way to our old support level at 14 dollars, So look out for any bullish weekly candle closes on the HA sticks for a long entry and look out for a break below the $22-$21 area for a bearish move all the way down to 14 dollars.
TVC:SILVERLong
by RizeSenpai
2
EURUSD July 14th Daily AnalysisPrice currently in Monthly range zone 1.18206 - 1.22313. Daily RSI shows Bearish Divergence & Hidden Bullish Divergence. Bearish Divergence is when price made reversal from top of zone to bottom. The hidden Bullish Divergence has been slowly getting created. The marked circles are hidden bullish divergence which means trend continuation to upside. There has been a reversal pattern formed on 4H. You can view pattern in my link to related ideas. Waiting for breakout of pattern.
Long
by JasonFosterII
Hidden Bullish Divergence BTC - Buy any dips major or smallA lot lining up speaking to a short to mid term recovery in BTC and possibly what could feed into a 2013 style double pump rally. MACD histogram crossed over and trending higher for first time since bearish move under. RSI and Stochastic both calling BS on BTC's price trend lower. Sentiment turning bearish and Saylor still has plenty of fire power. Call bullshit on any moves lower over the coming days but keep a bit of cash handy incase Bitfinex whales can flip momentum but it's more likely we see higher prices to kick off August.
COINBASE:BTCUSDLong
by SeanBronato
1
Link/USD Rising wedge backtest + hidden bullish divergenceChainlink is looking pretty interesting as it has broken out of a rising wedge and is back testing the resistance as support. We also have support coming in from the previous high of 2020. There is also a hidden bullish divergence playing out on the MACD indicating a possible move towards the upside if BTC doesn't take a big shit that is. The $18 area is a pretty solid entry imo and I have also placed out targets according to fib levels. Good luck traders!
COINBASE:LINKUSDLong
by SpaceBlobb