Last week Nasdaq tested the support and bounced bullishly attempting to recover. The price dropped back to the support but could not close below it. The price rejections on the support, rsi bullish divergence, and double bottom indicate a bullish move in the coming week. Initial targets are 12600 and 13150.
AMZN on 4H formed a clear bullish divergence with lower lows being formed in price action and higher highs in the MACD. This can also be considered a double bottom. (possible reversal) I was late to jump but entered at 2182.70 and holding especially as RSI crosses the 50 mark and suggests a bullish trend. AMZN has been bearish and for awhile, so will be careful...
BYBIT:PEOPLEUSDT Following up from my previous technical analysis on PEOPLEUSDT , We possibly have a bounce happening in the Fib Golden pocket and we have bullish divergence on awesome oscillator and Cipher B PEOPLE has been volatile over the last few days, so think about your entries and TP's. Possible TP areas - Top of the channel forming, daily levels...
We have a Descending Broadening Wedge with a Partial Decline on Zcash at an .886 Fibonacci Retracement with some RSI Bullish Divergence on the Daily.
H4 - Bearish convergence. Bullish divergence Basically I expect pullbacks and then potential continuation lower. H1 - Bearish trend pattern. Price has reached a key support zone. Bullish divergence. My short term view is bullish and my mid term view is bearish here.
Zoomed in on the Hourly timeframe we can see the EQ playing out a bit more. This EQ however is placed in a position which also indicates that it is a Bearflag. Aside from the potentially bearish pattern forming, there is also a Bullish Divergence on the RSI below, as indicated by the arrows.
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.
Price action and chart pattern trading > Falling parallel channel correction - Entry @ Pullback > Target upper parallel channel resistance / SMA50 > 2nd target at key volume profile resistance level > Stoploss at the lowest LLS bullish candlestick > RRR: 3:1 Indicator: > Smart money strong volume support > Banker chip multiple entries > Fundflow RSI bullish...
Potential rebound coming in to the end of the week/early next week. Price may test the box another time, as it has shown to be resistance.
We have a Clear Double Bottom Visible on the Weekly and Lots of Bullish Divergence and Little Resistance above
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.
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.
I will be speculating on the earnings today by Buying the June 17th Calls as we are at an ABCD PCZ with Bullish Divergence on the Daily. It is quite a bit sketchy that we are developing this Harmonic after having just broken down through a Demand line so i will be risking less than usual here but im still optimistic enough about the chart to take the chance.
AUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000. M15 bullish divergence. Stop loss is just 40 pips. Good luck!
Euro/Canadian Dollar show us a momentum of possible change of trend in this Forex par. So, in the RSI we see a lower high in the divergence developing and we could to have a good perspective to see long. I hope that this idea support you1!!
it seems like a temporary bounce may be squeezing shorts on the daily indicating a retest of the 37k area monthly trama 12 is still in the high 40ks but sinking