Consider this a companion setup to the previous one that spotted a Bullish SHark at this area; that trade is sttill active at a 1.618 and so is this one the Bullish Shark setup is in the related ideas tab below.
Pretty much everything you need to know is in the title but if i were to elaborate on some details i'd add the fact that there is Bullish Divergence on both the Daily MACD and RSI.
On 4H time-frame, JASMY formed a triple bottom. It has broken the neckline (also the trendline). Successful retest is going to be confirmed (let's wait for the current 4H candle's close). On the higher time frame 1D, we can see a medium bullish divergence which reinforces the upside move (see below).
WAVES has been one of the most performative cryptos in Mars 2022 with more than 600% raise. A (medium) bullish divergence on 1D Time Frame can be seen in its chart. How high would it go this time? As usual, I put some targets and the nearest support as references.
D1 - Price respected the psychological level 1.55 and bounced higher. Bullish divergence. Expecting short term bullish moves to happen here. H4 - Bullish convergence. Currently it looks like a pullback is happening. Until both the strong support zones hold my short term view remains bullish here.
XLM could see a 50% rally up to a previous support level where it might then test it as new resistance if the rally proves weak. One may want to wait until after the FOMC before putting full size on this trade just incase there is any negative volatility during the meeting.
We have Bullish Divergence on the 1 Hour RSI bwith a Shortening of the Thrust of Downward Price Action, it looks like this could be the start of a potential reversal atleast to test the 200 SMA
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...
As you can see in the chart Bitcoin looks very bearish, it has reached the previous bull market high witch is a strong support, but it broke this one and closed a daily candle under it. It has made lower lows but if you look at the Moving Average Convergence Divergence indicator it hasn't reached new pronounced lows while bitcoin has. It has formed a clear triple...
MTL has broken the trendline. A weak bullish divergence is also detected.
There is a Falling Wedge Visible on the Daily and Weekly and on the Daily Timeframe we have a Double Bottom With Bullish Divergence present at the Demand Line of this Wedge as seen here: I will mainly target around 0.9 cents which is the top of the range we have formed on the weekly but overall this has potential to go beyond the main target and hit 1.7 cents if...
Perhaps it is too early to get in to this trade, but it looks like there is a small bit of positive divergence on the Nasdaq 100 on the 1hr time frame. This suggests that the markets want to reverse. The safer idea would be to let it take off and buy upon hidden bullish divergence at some point later on in the week or next week.
Price action and chart pattern trading setup > Major formation: Ending diagonal with bullish flag reversal pattern, expecting a rebound for minor WAVE 4 > Targeting 0.382 retracement of previous WAVE 3 > Entry @ bullish flag breakout > Stoploss @ flag support position > RRR 3:1 Indicator: RSI bullish divergence Always trade with affordable risk and respect...
This is pretty much the same setup at the old LUNA/BTC chart that i had but since the exchanges deleted that pair and launched LUNA2 while the old LUNA pair became LUNC i decided to repost this Gartley for the new LUNA2
We Have Weekly MACD Bullish Divergence Visible at the PCZ of a Bullish Butterfly on DASH
We could see this coin go up 100s of percentage points from here if this Bullish Shark and Weekly Double Bottom with Bullish Divergence Plays out.
We Have an ABCD Pattern Visible in Logscale and are showing Bullish Divergence on Both RSI and MACD while breaking from a Falling Wedge; This could take us back up to the Levels of C which is sitting at around $3.30
Weekly: Bullish div on MACD-H, MACD lines, EFI, and EFI ATR channel divergence. Stochastic RSI is turning up. EFI is entering bullish territory. Daily: Daily is turning down after an upspike. I would like to see Stochastic RSI crossing back. It seems the Value zone will hold as support, but waiting for confirmation of that. There was a nice bullish div on the...