There is RSI Bullish Divergence at the PCZ of a Bullish Bat that's Visible on the Weekly Timeframe. This may also signal the beginning of a moderate pullback within the DXY as initially, I expect the DXY to show a Negative Correlation with Rising US BOND prices.
We have a Bullish setup here on this failure of a stable coin and while things look fundementally bad for it i still cant ignore the technicals. I come at this chart with the mindset of all the money i put in is basically like throwing cash in a pit of fire but it's a risk i'm willing to take on the off chance that this Double Bottom plays out. My stoploss is non...
D1 - Price is bouncing higher from a strong support zone.
Bullish hidden divergence followed by continuing divergence.
Expecting the price to move higher further.
H1 - Bullish trend pattern.
Higher highs.
Until the two strong support zones hold my view remains bullish here.
- We have a huge parallel channel on the daily chart.
- Also inside this channel, we have a falling wedge - bullish reversal pattern.
- If you take a look at RSI indicator, you can spot a bullish divergence with higher lows on the oscillator!
- Due to my Elliott Wave count, we have finished an Impulse wave.
- 0,618 FIB retracement is a strong SUPPORT and we are...
SOL is in a Descending Broadening Wedge Visible with RSI Bullish Divergence Visible on the Daily and MACD Hidden Bullish Divergence Visible on the weekly at the PCZ of a Bullish Shark
D1 - Price is bouncing higher from the psychological level 1.35.
Multiple false breaks with bullish divergence.
Expecting short term bullish moves to happen here.
H4 - Higher highs.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
I haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring.
I think we might see a spike to the $5.95 resistance this month!
Looking forward to read your opinion about it.
Price action and chart pattern trading
> Local falling wedge ending triangle pattern within a global falling flag corrective ABC.
> Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv.
> 1st target 0.786 - 1.0 upper resistance flag - upside +20%
> Stoploss @ the lowest falling wedge position zone - downside -10%
> Risk reward ratio: 2:1...
We have broken above a Supply Line on the weekly after Double Bottoming at the 200 Week Simple Moving Average and are now looking for major follow through in the upcoming weeks.
Pintrest is at a very interesting area and we are already getting a bit of a Bullish reaction here once the MACD crosses Bullish on the Daily we should see some nice follow-through
Will We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week?
I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock.
Bullish divergence on the daily chart.
AFRM is in the buy zone.
AFRM is in a range on the daily chart.
Outcome...
We have Hidden Bullish Divergence on the daily along with Classic Bullish Divergence on the weekly and are potentially Double Bottoming near a Logscale 1.618 Fibonacci Extension.
Hey everyone,
Here is my refreshed Daily view on BITCOIN.
More Controversial traders won´t agree with me as I guess majority of you is bearish because of RUSSIAN-UKRAINE situation, but chart looks bullish for me and that is what matters personally 4 me if I ignore emotions which are bad for trading proper technical analysis balanced and correct R:R trading...
Daily lost selling momentum. Created dojis.
Bullish Divergence on 4H and 1H.
15min Bollinger Band breakout coming.
Expecting 1.24700 area to be reached which is also an intraday pivot level for today.
