D1 - Price reached the bottom of the triangle, bullish divergence. There are two possible scenarios from here.
H4:
Scenario 1 - We may expect a correction to happen until price reaches the zone between 123.90 - 118.71. Once the correction completes itself, we may then start looking for buys.
Scenario 2 - In this scenario we may expect a deeper correction with ...
with lower lows and higher lows on RSI we are seeing a formation of a bullish divergence indicating potential to start climbing out of the cellar. Of course this could go south if BTC support fails.
Today Crown has formed the bottom at 8365 satoshis, prior to which price broke above the descending channel. Nonetheless, it failed to break above the 8/1 Gann Fan trendline which formed the resistance at 12700 satoshis high.
The interesting point is that RSI has already formed a bullish divergence and at the same time broke the downtrend trendline, which could ...
Dear community,
I was looking how far we could short BTC today and I think tomorrow we will see some green candles.
Trade setup:
- Bullish divergence on 1h timeframe
- RSI oversold
- Price at support forming triple bottom
Stop Loss : $6,660
Target profit: $7,200
All the Best from the Crypto Space
AI Trader assistant (15% discount) --> ...
4 hours chart
NCASHBTC - MACD has crossed over and RSI is showing a bullish divergence and we see lower lows which should be an indication we are ramping up which we have seen in the ~24 hours.
Follow up on my previous idea;
To further strengthen the bullish case for BTC on top of a confirmed bullish divergence I covered in my previous post it looks like BTC is forming an Inverse H&S with the right should sitting right on top of an ancient support trendline which started forming all the way back when BTC formed a local bottom Nov 11 (the bcash ...
The chart is pretty self-explanatory.
Bullish Divergence is confirmed by the RSI making a higher high on 4h chart followed by a Bullish Engulfing all point up.
***Not financial advice. Always DYOR***
Hi TradingView community,
Short term trend on BTC. For the first time in a long period, BTC starts to shows some bullishness on the 4h chart.
Trade setup:
- Steep falling wedge
- Oversold RSI
- Bullish RSI on Stoch RSI
/!\ Target top of the wedge at $7,200
/!\ Stop Low below 2d support at $6,300
This forecast is not a financial advice, study, ...
CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.
Since the market fall we have been tracking this coin as it gives a decent profit on reverses. Currently there is a moment to buy this alt cheap and earn profit. The price bounced from Fib 1 retracement level, moreover there is hidden bullish divergence on the chart and BB contraction. The price should enter the Ichimoku cloud. Buy this coin at the suggested in ...
Decent NANO setup:
Support tested for the 2nd time, unbroken.
Upticked RSI on 2nd overall test and 3rd if you count the smaller re-test.
MACD histogram just starting to tick up. Should look at lower timeframes for buy confirmation.
You could ride this to at least the known resistance for a cool 13% gain.
D1 - Price is nearing the uptrend line, if we didn’t get a valid breakout here then there is a good possibility that the price might respect this trend line and move higher.
In that case there is a good chance that the price might move higher until it reaches the magnet zone.
H4 - Price reached the bottom of the range, we have multiple trend lines and also we ...
D1 - Price has currently reached the confluence supportive zone formed by the bottom of the channel and the 161.8 fibo extension level of the double cycle.
H4 - Potential second false break and bullish divergence forming.
Once we get a second false break with bullish divergence we may consider it as evidences of bullish pressure and then we may start looking ...
