Here I have GBP/USD on the 1 Hr chart!
Price dipped down into the Support Zone that was recently used in the beginning of July making its Low @ 1.2707!
Afterwards, price came right back up to make an Equal High @ 1.28404 forming quite a popular Reversal Pattern, the Cup & Handle!!
Now this PA formed the "Bowl" and after the Equal High, using the Fib Retracement...
We had around 15 red days on this one it's pretty oversold, bullish divergence formed and it's overdue for a pump next week
Targets: $3.8 and up
Fill your bags and wait they gonna pump it
Here I have AUD/USD on the Daily Chart!
Since price last visited the 2023/2024 Fall Support Zone making a Divergent Low @ .63623 , it has continued to move higher finding Support at a Local Support Zone!
After this we see a New High @ .67141! Using the Fib Tool from Divergent Low to New High, we are given a Fib Entry Zone where Price has already corrected...
In this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment.
Moreover, recent price action has shown...
Here I have EUR/GBP on the 1 Hr Chart!
Price had made two very equal lows on the chart but closer look on the RSI indicator and you can see Price really is losing is Bearish influence and is looking to possibly go Bullish!!
This strong reversal pattern called a Double Bottom makes me believe we could see Price push Higher after it broke out CONFIRMATION of...
Weekly chart looks good for a long swing trade.
Oversold after the lead cable news, earnings report was not bad. Sitting right now at support.
Double bottom, rsi bullish divergence.
Divergence occurs when price makes higher highs, while indicators paint lower lows or vice versa. Simply put, divergence is when price direction contradicts indicator direction, creating a noticeable conflicting pattern.
A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price. This...
Bullish divergence on higher timeframes. We gonna move sideways for the next weeks, consolidate and stabilize in the 25k region before the next move up. Alts will recover and catch up. Ignore the FUD.
Bullish divergence on the annual time frame indicating a continuation of the annual trend towards $40+.
Oversold stochastic and RSI showing signs that bears are loosing control giving a great buying opportunity to secure your 3.02 dividend payments.
APE is one of the weaker alts of the last two months. However, that doesn't mean that there's no money to be made. This signal is based on the idea that the bullish divergences will lead to bullish pressure in the near future.
For this trade to activate we will wait for the price to close the daily candle above the most recent local high. Stop under the recent...
OMG has seen a very bullish week after 3 months of selling. BTC saw a break out and OMG followed. This analysis assumes that OMG has bottomed and will not see new lows in the future. This idea is supported by the fact that OMG lost over 97.5% of it's ATH value and is currently seeing a bullish divergence led reversal.
Target at the all-time highs, around 20. Stop...
TECHNICALS -
Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart
It has also Reversed Twice from a Strong Support level which had earlier acted as Resistance level indicating further upside potential for the stock
It has also tested 50 Day Moving...
Like most other tokens, ONE has been selling off for a couple of weeks now. With BTC appearing neutral, it's time to look at these weaker tokens for potential upside.
I'm waiting for ONE to break through the 0.01465 local resistance. Once above, we can make an entry from that resistance, targeting the most recent local top of 0.025, with a stop below the most...
APE has been roughly selling off since the start of the year. This trade anticipates that the selling is over and that the bottom is in for the time being. The idea is that the massive bullish divergence on the price vs RSI will cause a huge uptick in bullish pressure, further reassured by a bullish long-term BTC and stock market.
When we place the stop below the...
