TRX/USDT can easily break out of the Bearish channel.Hi every one
TRON/USDT
TRX has been ranging In a bearish channel for quite sometime. and Now there is a Great chance that TRX would Break this channel and be ready to do a bullish movement.as you can see the 5 First waves of Elliot waves (Impulse waves) has been completed and now is time for ABC waves! so the price can Do a bullish movement and After a correction and a pullback to the channel Go for another Bullish wave. Note that the price will fall after the completion of the third (C) Wave. If you pay closer attention you can also see a Regular Bullish Divergence on MACD .this is also a Great Bullish sign as well!
summery:
-TRX has completed the first 5 waves of Elliot waves principle.
-It's now time for ABC waves (Bullish waves)
-There is +RD on MACD
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Regulardivergence
ALICE/USDT has a massive bullish potential!Hi every one
ALICE/USDT
ALICE/USDT is ranging in a broadening wedge it seems and now the price has reached the bottom of this pattern (which is also a strong support for ALICE!) so now it is expected that the price would Increase from this point because of this reasons:
1- the price has reached it's bottom (strong support)
2-on MACD indicator there is a visible bullish sign! the MACD line is about to cross the Signal line upwardly! this is of course a Good bullish sign!
3-there is a Regular Bullish Divergence on RSI indicator as well which is another Great bullish sign as well!
for this particular reasons ALICE has a strong chance of starting a Great bullish run so be prepared for it!
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USD/CAD: bearish movement is coming.Hello every one
U.S. Dollar / Canadian Dollar
USD/CAD has formed a rising wedge pattern .this means it is time for bears to take control .after the break out happens the price can fall to the support levels shown in the picture. There are also regular bearish divergences on both MACD and RSI indicators which makes the bear market more reliable. after the break out we can take sell position with ease.
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EUR/USD:a great bullish movement is comingHi every one
Euro / U.S. Dollar
EUR/USD chart is forming a big falling wedge pattern.this means the price has a great bullish incoming movement.the price must do a break out so that we can make a deal with comfort.there is also a regular bullish divergence on RSI as well. So this means there is a stronger chance for the bullish break out to happen. Note that the bullish movement can be to the top of the falling wedge pattern.
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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BNB ranging movement up to 420$Hi every one
BINANCE COIN / TETHERUS
BNB is ranging between 240$ and 400$ and has formed a double bottom pattern . this a good bullish pattern so this means there is a chance for bulls from this point. also there is a Regular bullish Divergence (+RD) on MACD as well which is quite good for bullish runs!
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LINK/USDT is going to 52$ once again.Hi every one
LINK/USDT
LINK/USDT is in a Falling wedge.It's a Great bullish pattern which has not been broken yet. there is a Regular bullish Divergence on MACD as well which suggest that the break out is about to happen! in worst case scenario the price might touch 13$ (S1 monthly pivot points) and than start It's Bullish movement all the way to the top of the wedge which is around 52$!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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ETH/USD can start to Increase soon?Hi every one
Ethereum / U.S. Dollar
ETH/USD Is in a falling wedge. this is of course a Bullish pattern how ever we must wait for the price to break this pattern Upwardly. there is also a Regular bullish divergence (+RD) on MACD as well which suggests a incoming bullish movement! if the break out happens the price can reach the top of the wedge easily.
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BTC ranging movement!Hi every one
BTC /USDT
BTC/USDT is still ranging between 30k and 40k. as long as BTC don't lose the 30K support there are hopes for bullish movements to 40k. and as you can see the BTC has Regular Divergences on Both MACD and RSI indicators so yeah there is a chance for bulls from here
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SOL/USDT Ranging in an ascending channel.Hi every one
SOL / TETHERUS
SOL/USDT has been in an ascending channel this channel is still reliable! as you can see the price has been ranging between the upper line and lower line of this channel. and now It's time for it Dump a little bit. the price currently sits near the upper line of this channel. but the price can decrease because on MACD there are 2 bearish signs! as you can see the MACD line has just crossed the signal line which is a pretty strong bearish sign. another thing is that there is a Regular bearish divergence (-RD) on MACD as well which is another bearish sign! so there is a chance for a bearish movement to the bottom line of this channel and after that there should be a pump to the upperline of the channel.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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CAKE/USDT full detailed analysis!Hi every one
CAKE / TETHERUS
CAKE/USDT has done pretty Impressive bullish movement in the last few days! as you can see if we try to put the Elliot Waves Principle on the chart we can understand that the price has completed the the first 4 waves of the Impulse waves and the 5th wave is about to be completed. after the completion of the 5th wave the beginning of the correction waves are expected . there are two thing to be aware of. one is that there is a strong resistance zone between the top of the 5th wave and the R3 of monthly pivot points (shown in the chart) and another thing is that after the completion of the correction waves the trend (which is bullish) can continue. Don't forget there is a regular bearish divergence(-RD) on MACD and RSI as well which make the expected bearish movement after the 5th wave more reliable to happen!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Is OCEAN/BTC gonna increase or not?Hi every One
OCEAN / BITCOIN
OCEAN/BTC is forming a cup and handle pattern in two days time frame! the pattern has not been broken yet but after the upward break out the price can increase as much as the measured price movement which is shown in the picture there are also divergences on both MACD and RSI which will suggests a little bit of correction before the expected bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XLM/USDT bullish signals are pretty good.Hi every one
STELLAR / TETHERUS
XLM/USDT is In a bullish flag with a regular bullish divergence (+RD) which is a good thing because the upward break out in the flag pattern is about to happen and the divergence is helping the situation after the break out the price can increase as much as the flag pole movement and reach around 0.72$ which will become it's strong resistance
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Our more recent analysis of XLM/USDT :
Psychology and description of bear flag and bull flag:
The DEFINITION of Divergences!
AAVE/USDT is about to pump againHi every one
AAVE / TETHERUS
The AAVE/USDT is in a falling wedge but the pattern has not broken yet also there is a regular bullish divergence (+RD) on MACD as well which suggests that the price is about to pump and break the falling wedge. If the break out happens the price can reach the resistance which is shown on the chart.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
The DEFINITION of Divergences!Hi every one
So in this post we want to talk about a thing that If you've been following us you would've see a lot of it !
we wanna talk about Divergences! and how to use them to our advantage!
there 4 kind of divergences in total which we will describe one by one!
1-regular Bearish Divergence (-RD)
2-regular Bullish Divergence (+RD)
3-Hidden Bearish Divergence(-HD)
4-Hidden Bullish Divergence(+HD)
first let's talk about the effects of divergences and than get into each one. divergences are strong signals that will reassure us of the continuation of the trend or the ending of them! so let's get into each one!
note that the trend is pretty important in finding divergences! for finding regular divergences on a bullish trend we must look at the tops and in a bearish trend we must look at the bottoms. for Hidden divergences though we must look at the bottoms (in a bullish trend ) and tops (in a bearish trend)
so let's get into it!
1.regular bearish divergences (-RD): these divergences accrue when the tops are higher than each other(in a bullish trend),but on RSI or MACD indicators the tops are lower or in the same position next each other (in a bullish trend) in this situation we can be sure that the trend is about to change and start the bearish movement at least for a while!
these are examples which clearly show the effect of (-RD) on the trend of the market.
2-regular bullish Divergence (+RD) : this divergence is accrued when the trend is bearish (bottoms are lower than each other ) but on RSI or MACD indicators the Bottoms are higher or next to each other. in this situation we can come to a conclusion that the trend can't be bearish for ever and the trend must change!
this is an example for (+RD) which you can see It's effect on the market!
3-Hidden bearish Divergence(-HD):The tops are lower than each other ( in a bearish trend) but the tops on MACD or RSI indicator are higher or in the same position next to each other in this situation we can be sure that the trend can still be bearish .
this is an example for(-HD) :
4-Hidden Bullish Divergence(+HD): these divergences accrue when the bottoms of a bullish trend are higher than each other but on the MACD or RSI the bottoms are lower or in the same position next to each other in this situation we can be sure that the bullish trend can still continue!
this is a clear example of (+HD) and It's effectiveness!
We hope that you've learn something with this post .
Have a nice day and Good luck.
$BYND Falling Wedge + DivergenceWEEKLY CHART
DAILY CHART
Main Support Lines
$136.38
$57.55
As we can three in the weekly, daily, 1-hour chart of Beyond meat we can see 2 main thing. First the falling wedge and second a regular bullish divergence.
1. Falling Wedge
We can see it clearly in all the charts forming with the 2 main trendlines forming it with the purple colour.
2.Divergence
We can spot the 1st divergence in the daily chart with the blue colour when as price dropping the rsi indicator is rising. The same thing we can see in the 1-hour price chart
SCENARIO
Both the falling wedge and the regular bullish divergence indicates that in sometime the price will break the wedge with breakout, and ultimate go to the support at 136$
$BAC Wedge + Trending + DivergenceMonthly Chart
Weekly Chart
1. Wedge
We can see in the 1-hour chart of Bank of America that is forming a wedge. We can see the wedge with the purple lines in the price chart.
2. Regular Divergence
In addition we can also see a regular divergence from 6th March to 23 March while the price was falling the indicator in the Rsi was rising.
3. Trend Line
We can see better in the monthly chart that there is a trend line that is forming from about 2008. The next days that will be tested.And the is the second more general trend line forming decades before.
4. Support Line
Also if we look in the monthly chart we will see that there is a main/strong support line that in the next days will be tested again. The 1st support line lies around at 15.24$ and the second at 4.92$
From the first two factors we can see that might be a breakout and form a new uptrend. At the 1 hour chart we will see that the wedge the 1st trend line and the 1st suport line get together in one spot.
So the first scenario will be to test that support at 15$ and form a new uptrend.
The second scenario is to break that support and fall until it lands at the more strong 2nd support and resistance at around 4,5$ and then form a new uptrend from there .
Scenarios