CMG had earnings today which were a beat but apparently less than expectations of investors and traders. On the 15-minute chart, the indicators support a reversal with a bounce on the dual time frame RS lines showing a bit of bullish divergence. Decelerating bearish momentum on the MACD with lines converging under the histogram suggests a reversal is...
XVGUSDT is in under strong sell pressure and has created strong demand zone with bullish divergence. These confluences giving the strong buy setup signals. What you guys think of it ?
🚨📈💡 GBPUSD ALERT: BULLISH DIVERGENCE DETECTED! 📈🚀 🔍 What we've discovered during our examination: 🔍 📈 Bullish Divergence: Despite the prevailing bearish trend, we've identified a bullish divergence forming on the GBPUSD 1-hour chart. This could be a sign of a potential trend reversal! 📉🔄📈 📈 Relative Strength Index (RSI): The moment indicator RSI is backing this...
NZDCAD is trading in downward direction but currently the pair has created strong demand zone around 0.8160 region and reacted well from this region. Currently the pair is facing mild resistance in 0.8190 region . if it break through 0.8190 it will a nice buy setup.
NZDCHF is trading in bearish parallel channel. Currently the pair is trading at the channel lows and also form falling wedge pattern with in the channel. As it has also created bullish divergence which indicating it might touch the channel highs again.
AMC, after Bullishly Diverging at an .886 has broken out of a Bullish Dragon and could rise all the way up to the zone of $10–$14 if the level of $4.40 is taken.
📊 The Relative Strength Index (RSI) is showing a bullish divergence, indicating potential price reversal. 💪 The price is currently in the support area, optimal entry point for the trade. ⛔️ Place stop loss below support area to avoid fake-out. 🎯 Take profit below resistance area for a 1:2 risk/reward ratio. #TradingView #TechnicalAnalysis #BullishDivergence...
There is 3 day hidden bullish divergence on Ethereum. Currently holding above the POC of a value range scaled from the 880 low to the all time high. This level also just happens to be a shallow common 23% retrace area that ETH has held nicely above since June. If this divergence is to playout, I like 2403 as the first main target which would be +30% move to the upside.
Bullish Divergence with MACD and Break above the Bearish Trend line are the evidences of trend reversal we can target the Fibonacci Projection Parallels legs and Extension levels we may hove some retracement along the Move up which is very normal for a healthy uptrend
There is a Bullish Gartley visible on the Log Scale chart that is currently giving us a Potential Double Bottom at the 0.786 PCZ with Bullish Divergence on both the RSI and MACD and if it plays out, I think it could spike all the way up to around $55 before coming back down and continuing to the historical lows.
From the looks of it, DXY will try to hold the 1.414 Butterfly PCZ and make its way up towards previous Resistance. I don't think DXY will Break the Resistance, but it does look like there is a good case to be made for DXY coming back up to challenge those levels.
AUDCHF trading in long term bearish market. Currently the pair has formed wedge pattern along with strong bullish divergence, which indicating the pair's trajectory is about to turn.
GALA/USD is sitting at a deep 88% retrace currently and if can begin to take out previous local highs around 0.026, that could give it the juice it needs to see the daily bullish divergence on the MACD play out. If so, a target of 0.042 near the value area high of the volume range I have shown would be in the cards. A stop loss would be just below 0.018.
Just noticed this bull div on the weekly SKL/BTC chart. I found this after I was already bullish on the SKL/USDT chart, as it is in a slow and steady uptrend now after basically forming a double bottom and looking prime for a breakout in the next few days. I'm looking for a big and fast breakout towards the $0.04 - 0.05 range (current price is hovering around $0.029.
I'm expecting it to play out similar to PLTR, but I think this one has better looking oscillators, strong bullish divergence. I don't know much about the fundamentals, but the company looks like they're on the right track. I think it will take roughly 6 weeks to play out, applying a proportional move like we saw begin the week of May 10th.
NZDCHF is testing a wide horizontal zone of demand. The price formed a double bottom pattern on that and currently retesting the broken neckline. I think that the pair may bounce from the underlined area
AUDNZD has formed falling wedge along with strong bullish divergence. and it seems like the pair is getting ready for bullish move.
Hey folks, Another Inverse Head and Shoulder pattern with bullish divergence. My favorite pattern to trade, especially on these longer time frames. I am also noticing micro h and s patterns within in the smaller time frames on various stocks. Besides the lackluster market response to its AI features, U hasn't had a whole lot going on fundamentally, noteworthy at...