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Macddivergence

Long Tezos After Bullish divergenceOn the daily we see we are still in a strong uptrend. On the 4H timeframe we're pulling back, and the impulse is probably turning to yellow around this price. This does not allow me to take this trade yet, as the impulse is red, but it is about On the 45 minute timeframe, we see a bullish divergence, which, if it plays out, will also turn yellow. SL: 3.35 Entry: 3.40 TP 1: 3.55 TP 2: 3.61 I expect the result of the divergence to get the price to the +1,5 to +2 ATR level. If this plays out well, we might also have a new trade for longer term, because then we possibly will have formed a new higher low on the 4H timeframe, and we will see a continuation of the uptrend on the daily and weekly. This remains to be seen. I will define my exit depending on the strength of the result of the divergence
Long
by Tornado_Trading
4
BTCUSD Short - Rising WedgeHi folks, I’m going to keep this one short and simple. - There is this big rising wedge on Bitcoin that can be easily seen on the 12 hour time frame. - Price is also at a critical resistance zone where I expect distribution. - Bearish divergence can be seen on RSI and MACD. - Market sentiment is starting to get overly bullish which typically leads to a correction. I am looking to short from here with a stop loss just above 10,000. 1st target is at the 0.236 fib (around $9,000) but I am anticipating further retracement. As you know I have been bullish since $6,500 and made the perfect call to go long in previous ideas seen below. I am still very bullish on the long term and I am prepared to close out my shorts as soon as it appears the downside is over. Previous ideas:
BITFINEX:BTCUSDShort
by tommyf1001
1
How to Spot Divergence with the Maverick MACDThis is a brief tutorial on how to spot divergence using the Maverick MACD . It's so simple and all done completely for you using this indicator. This used to take me time and energy to try to find divergence in the market. Now, I don't have to thing twice about it, this indicator does it all for me. Divergence can tell us a lot about what price is likely going to do next. This indicator allows us to find Regular Bullish and Bearish Divergence, as well as Hidden Bullish and Bearish Divergence. It allows us to find divergence in both the MACD Lines and the Histogram as well. You can also receive alerts for when the divergence occurs. Super handy tool! Hope you enjoy :)
BITFINEX:EOSUSD
by Crypto-Mavericks