Bitcoin weekly chart you see recent lower lows but less negative momentum on MACD and if we go below to 3k and create a lower low then we might have bullish divergence on RSI as well but time would tell.
I do think the divergence on the macd should play out soon and we might just create a lower high with more momentum which would be bearish hidden divergence to...
BLX (BTC Chart) one of the oldest charts for Bitcoin, looking at the monthly chart you can see hidden divergence on the RSI and MACD, How?
Higher lows with lower RSI and MACD (Negative Momentum) is a trend continuation divergence, letting us know the trend will continue to the upside. Do research on this for better understanding.
I will update with a weekly chart soon.
Bitcoin may be forming a inverse head shoulder and not the best looking one but its just a possibility, we have no control of the outcomes but to manage our risk/rewards. This is not a trade setup and just for educational purposes, feel free to leave comments on your thoughts. My opinion is that Bitcoin is starting a new weekly chart today so we should see...
XZC is a chart that looks promising but its also dependent on bitcoin, this formed a double bottom, also bullish divergence on indicators. Orange resistance line needs to be broken to continue the double bottom. I like this trade setup for me and just sharing with you all my thoughts.
Its also on its last support so that is where my stop loss is set so if it...
Traders,
QSP has formed a falling wedge which is a trend reversal and is at support area with a possible entry point for me.
-Bullish divergence on RSI
-Bullish divergence on MACD with lower momentum
-Measured move is 20% to the upside of bullish if pattern plays out.
We are still in a bear trend so be careful and remember this is for educational purposes and...
NEBLIO on 6 hour can be turning around with couple of indications.
Positives
-Falling wedge has broken down but broke back into the wedge.
-BULLish divergence on MACD.
-Increase in Volume.
-Support level on B-Bands.
-High levels of Volume Trading at this price VPVR
Negatives
-Trend is still bearish
NEBLIO is has developed a huge symmetrical triangle which is a continuation pattern on the daily chart. Low risk entry with a stop loss and the potential for huge gains when the breakout happens.
MACD is gaining momentum each day with price going down = bullish divergence in the making.
RSI is at critical location and need to bounce off the blue line to continue...
Hello Crypto World,
Bitcoin has been going down effecting most of the alt-coins but lets see whats going on?
Positives =
+Bullish divergence on all indicators which is very nice :)
+Falling wedge which is a reversal pattern of current trend, bearish to bullish.
+Fib Retracement at 50% and respecting that level but 61% is last resort.
+We broke out of the major...
NANO simplified on the day chart has developed a symmetrical triangle and is near a good entry point for low risk.
Positives - Symmetrical trianlge form confirmed, 20ma is over the 50ma, low risk entry and long term possible huge gains.
Negatives - MACD, RSI, Stoch RSI going down direction right now but requires huge movement to see effect on day...
Whats up Yall,
NANO is looking good for a low risk entry at the bottom of this falling wedge, which is a bullish pattern after a downtrend and very reiliable pattern.
Positives - Wedge pattern is bullish pattern, low risk entry of this pattern, bullish divegence on MACD, overall bullish on Klinger Oscillator and Stoch RSI almost form bullish...
Whats up to all my peepz,
Lets get into this LOOM chart, its been added to binance on May 1st which is my birthday so this coin is special to me. as soon this coin got added it took off which means there is high demand. On this 2HR chart you see a huge symmetrical triangle which is a continuation pattern and in this case is bullish and to confirm that you should...
PIVX is looking good with a strong support, looking back at the overall chart I found a symmetrical triangle forming on the day chart which explains the long wicks.
Symmetrical Triangles are a continuation pattern which means it can go break up or down, my bet its probably going up because of events and showing strong support. Also all my indicators show BULLS...
Hello everyone,
EOS is looking bullish right now and found a falling wedge formed also breakout of it, also formed a small symmetrical triangle in the wedge also broke out of that, the measured move of the falling wedge would be the top white line that label measured move.
All the indicators I have on this chart confirms BULLS have the control, EOS is has been...
Happy Cinco De Mayo,
I know too much going on with my BTC chart so pay attention to the details, Gann Fan Resistance 3/1 (orange) has to break and use as support, also needs to break 200 SMA (Red), Break out and up from the Rising Wedge (White) and needs more volume to break thru and then we would be in a better place :)
Bad news = Rising wedge if broken down...
Happy Cinco De Mayo,
Time to dive in this ARK chart, keep it short and sweet, Falling wedge forming and possible good entry I would get into would be bottom of wedge support line, bullish divergence on the RSI, positive Momentum on the MACD with lower prices which can indicate a positive turn around to the upside. Let me know what yall think in the comments...
