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Hiddendivergence

HQ Setup for #FactomHi friends! Welcome to Poop's wave count analysis on $FCT. If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle. The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2 and looking to reach wave 3. We just had a perfect bounce at .786 Fib level which has a confluence with a horizontal support and the 200 day moving average. A bullish divergence and a buy signal backs this analysis. Targets: T1- .0025/ 40% T2- .0032/ 80% T3- .0042/ 130% T4- .0050/ 180% T5- .0070/ 300% Note: T1 is our First Trouble Area (FTA). It would be nice if we can book some profits here. T4 and T5 is not a valid target if we fail to break above T3 which is a significant resistance. That's it friends, I looking forward for your comments on this analysis. Enjoy the gains! This is just a guide, not a trading advise. Hit like and follow for more chart updates! Thanks -Your Poop Trader
FLong
by PoopTrader
3
Waves Accumulation ChannelHi friends! Welcome to waves update analysis, among the few coins with huge announcements and had been among the top 5 in volume since it moved first week of December. Waves recently caught my attention printing a very interesting widening mouth pattern that could drive waves higher. Its currently sitting on its 12 EMA with a very nice doji candle close with confluence on a trend support. A bounce at this level will trigger a 2X move. A hidden bullish divergence also supports this price action. 5 waves on a widening mouth channel is a springboard for a big bullish move. It is currently on its 4th wave in the channel. If it does completes the 5 waves on the channel, waves will likely print new highs after a correction. This is just a guide, not a trading advise. Hit like and follow for more chart updates! Thanks -Your Bullish Poop Trader
Long
by PoopTrader
7
NZDJPY - hidden divergence to rescue [demo account]Hidden divergence means trend continuation. So I set up two OCO trades - one on breakout of previous daily candle and the other if price pullbacks again to lower channel boundary. Both trades with the same stop losses and targets. In this case also Wolfe wave would be completed, if charted counting is of any use. Let's see how it will turn out. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Long
by rludvik
"LONG" USD Falling Wedge Pattern!!I believe we are in a falling wedge pattern which could potentially take us to 6.42 and coincides with the fib retracement( GOLDEN POCKET) between 0.618 and 0.65, the 200MA marks the end of the wedge and could be considered as strong support for this move upwards. Also there is strong hidden bullish divergence on MACD & RSI ... - Ofcourse we must not disregard a few negatives which are that we have just had a death cross with the 50MA crossing the 100MA downwards. I would love to hear your thoughts about this analysis, as i am always trying to learn and gain experince using different techniques!! I am not trading this Trade nor do i advise on using it, this is purely educational purpose only. Thank you.
Long
by CannonMohamed
Education post 12/100 – How to trade hidden divergence?We covered regular divergences in the previous lesson, now let’s discuss what hidden divergences are. Divergences not only signal a potential trend reversal; they can also be used as a possible sign for a trend continuation (price continues to move in its current direction). Always remember, the trend is your friend, so whenever you can get a signal that the trend will continue, then good for you! Hidden bullish divergence happens when price is making a higher low (HL), but the oscillator is showing a lower low (LL). Hidden Bullish Divergence This can be seen when the pair is in a UPTREND. Once price makes a higher low (HL), look and see if the oscillator does the same. If it doesn’t and makes a lower low (LL), then we’ve got some hidden divergence in our hands. Hidden Bearish Divergence Lastly, we’ve got hidden bearish divergence. This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). By now you’ve probably guessed that this occurs in a DOWNTREND. When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend. Let’s recap what you’ve learned so far about hidden divergence. If you’re a trend follower, then you should dedicate some time to spot some hidden divergence. If you do happen to spot it, it can help you jump in the trend early. Sounds good, yes? Keep in mind that regular divergences are possible signals for trend reversals while hidden divergences signal trend continuation. Regular divergences = signal possible trend reversal Hidden divergences = signal possible trend continuation
Education
by GroundStoneHoldings
2
BCDBTC hidden bullish divergenceBitcoin Diamond is one of the BTC forks which can demonstrate periodical pumps and downs. Currently we see that from the previous pump the price was in corrective downtrend till the end of the triangle where it bounced and started sideways trend. The price is now at the Fib 0.786 support level and seems to be ready for another run. We see a hidden bullish divergence as PPO has higher lows while price chart has lower lows. Combining it with the triangle breakthrough, Fib retracement levels and growing volatility according to DMI we can conclude that there should be gradual or sharp rise soon
BLong
by Skyrexio
New Feature: Automatic divergence detection in BullFilter v1.3!With the upcoming imminent release of BullFilter 1.3 to our subscribers I wanted to highlight the new features in a series of ideas. In trading, divergence is a concept that forms on your chart and results from the price action of a security moving in opposite direction to the indicator value. What you need to know is that positive (bullish) divergence happens only when the securities price shifts lower while the indicator starts to rise. This indicates a weakness in the downtrend. On the other hand, negative (bearish) divergence occurs when the securities price rises to a new high while the indicator fails to achieve the same momentum. This indicates a weakness in the uptrend. Now since this is an automated detection, it may not signal the divergence for its entire length. You can also spot/chart divergences manually by drawing trend lines on price action and bullfillter values. Then comparing the bullfilter value trend lines against the price trend lines to see if they diverge. An example of that is shown here These divergences also go hand in hand with our other premier indicator . They can be used to filter out a potential long entry. I.e. do not long if a bearish divergence is present, and vice versa do not short if a bullish divergence is present. To use this in your trading strategy, a short when bearish divergence begins/long when bullish divergence begins. The second divergence in a row is usually more accurate for a larger move. If entering a trade off the first divergence its recommended to exit it quickly and take profit. The higher the timeframe you are on the more weight the divergence has. On sub 30m timeframes they are not particularly useful, and may signal too often or without effect.
by theheirophant
Hidden Bearish DivergenceThe RSI appears to be showing hidden bearish divergence on the hourly time-frame in comparison to the price with Lower Highs on the price (LH) and Higher Lows on the RSI (HL), which is a bearish continuation pattern. For MACD to match RSI and further confirm the divergence, I suspect we'll see one more push to the mid 20's and then a drop to either 195 or 175. This is not investment advice. This is for educational purposes and my own edification.
BITFINEX:ETHUSD
by Surrealist1337
6