H1 : The expected Head and Shoulder formation failed ! Indeed the yesterday's intraday low @ 47069, triggered a bullish divergence on RSI, confirmed, later by other indicators which triggered a short term reversal in building an uptrend channel. On its way up, BTC recovered above KS, TS and MBB which now should be seen as the ...
All I'm sayin is that it looks hopeful to have bottomed. One could plead the case of bullish divergence. With legalization in the cards this year, maybe this is a dark horse but it's too soon to tell. I love to draw predictions but I don't really have a lot to work with here. This is one of my long term holds.
Hello Traders, I spotted an inverse head and shoulders pattern on the 4-hour chart for VET. As well as a bullish divergence on the RSI and downward price action. I'm going long as soon as I see the price break above the upper trendline. Expecting a retrace close to recent ATH's. 30% +/- Good Luck!
Good Morning! In my opinion, Dollar General ( DG ) will have a nice move up if it can complete the bullish cross on the MACD. There is very strong bullish divergence happening on the 4 hour timeframe. There is also some bullish divergence happening on the daily. If we can hold above -4.45 on the daily MACD this could be a great swing opportunity as well. What are...
After last breakout DOT formed a falling wedge which usually goes up, moreover, even if very mild, there's a bullish DIV on 4h RSI and also on MFI (not shown here because I don't have tradingview PRO account). Price has also bounced off BB lower band so this should head upwards from here but off course it's all up how market will behave. If everytime BTC dumps...
Found a Falling Wedge pattern and I think I also found a Bullish Divergence pattern. Just waiting for a retest to prevent fake out then I will try to enter. Trade at your own risk and also manage your own risk. Happy Trading!
Same as the 1 day chart with enhancement to the 250k+ Let go baby! Right now Is a crucial point in BTC! Can we start the. Bullish uptrend straight to 70k now? Or will we dip down to low 40's- high 30's and fly up from there? I am super long on BTC for a long time and Am going to be super long until 450k! 250k is my prediction by December 2021! Lets go BULLS!
Right now Is a crucial point in BTC! Can we start the. Bullish uptrend straight to 70k now? Or will we dip down to low 40's- high 30's and fly up from there? I am super long on BTC for a long time and Am going to be super long until 450k! 250k is my prediction by December 2021! Lets go BULLS!
Considering the h&s pattern is so blatantly obvious while also in a bull market is reason enough to be slightly cautious here... when you throw in the bullish divergence with that (yellow trendlines) the confluence really increases the likelihood of a fakeout...I think it's also probable we could get a breakdown that doesn't reach its full target as well. For now...
On the hourly chart, we’re forming a double bottom combined with a bullish hidden divergence.. $52,750 the target! Could it also validate the ascending triangle and this dip just be a fakeout?!
We got Daily Bullish Divergence on both the RSI and MACD and are at a potential Right Shoulder of an Inverted Head and Shoulders Pattern. I would long here and set my stop below the last low. Profit taking at the 38.2% Fibonacci retracement.
H1 - Price is bouncing higher from a strong support zone. Bullish divergence. Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave. Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
H1 - Price has currently reached a key support zone formed by the bottom of the channel, 100% Fibonacci expansion level of the big wave, 61.8%, and 100% Fibonacci expansion levels of the small wave. Potential bullish divergence. Until this key support zone holds my short term view remains bullish here.
H4 - Bullish trend pattern followed by a double wave correction. Bullish divergence. We have two key support zones that have formed based on the fibonacci retracement and expansion levels. The first key support zone is formed by the 38.2% fibonacci retracement zone of the bullish trend pattern and the 100% fibonacci expansion level of the first wave. The second...
Hi every one BRITISH POUND / AUSTRALIAN DOLLAR GBP/AUD has formed an ascending triangle with 2 regular bullish divergences (+RD) as well! these signals will make the bullish movement more likely to happen we just have to wait for the breaking of the triangle! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be...
Beginner Friendly I love to see bullish divergence on the MACD(moving average convergence divergence) indicator. It usually always makes a bullish cross to the upside :) Bullish Divergence: To put it simple, when price action is making lower lows while the MACD is making higher lows, its considered bullish divergence. This is a good indication that a trend...