H1 - Double wave down, if the price breaks above the downtrend line then we can look for buys. We also have bullish divergence.
M15 - Bearish hidden divergence, critical zone formed with downtrend line, resistance zone, 61.8 and 100 fibo level. We may expect confirmations in the form of price respecting alternative trend line and breaking below the uptrend...
D1 - We expect double wave down to the 61.8 fibo. We have bullish divergence so once the price reaches 61.8, we may expect a reversal to the top.
H4 - Price moving inside range.
Scenario 1 - We can look for sells once we get false break of daily uptrend line after reaching the 61.8.
Scenario 2 - Break above the top of the range and then after correction, we can...
This Double Bottom is close to the fib retracement of 61.8 of the most recent impulse leg. Plus, there is some divergence in the RSI that tells me that momentum may be shifting to the upside.
D1 - We have two waves down, price reached the magnet zone and then pushed higher.
H4 - Big double cycle. Bullish divergence with false break followed by bullish convergence.
H1 - Now look for double wave correction and then we can go long with the breakout of the trend line. The double wave should stop within the zone shown in the screenshot.
This is a very...
D1 - We have big uptrend line and price is being respected.
H4 - We have a big cycle and magnet zone. Potential bullish divergence forming.
H1 - Price reached magnet zone and has now moving higher breaking the downtrend line.
The uptrend line and magnet zone on this H4 chart should hold in order for us to look for buy opportunities.
W1 - Special cycle completed, followed by bullish divergence and bullish convergence.
We can now look for pullbacks and buys.
D1 - Price created lower lows for double waves down. Both 61.8 and 100 level has been reached by the same candle. Bullish divergence created.
Uptrend line coincides with the zone where the fibo levels 61.8 and 100.
If we can get a...
D1 -Triple cycle completed, price reached magnet zone.
H4 - We have bullish divergence and false break. Now we may expect a breakout of the last high forming convergence.
After that wait for a correction to happen and then look for buys.
If the price break and hold below 76.00 then setup is invalidated.
Appears to be a bullish divergence based on a higher low and a lower volume and lower low on the RSI. This coincides with Coinbase's announcement that they will continue to support "bitcoin" as the original chain and refer to bitcoin 2x as b2x. Could dip a little more today, but should be positive by tomorrow.
As we were looking for decline on the DXY , bulls took over control. Here we go with my weekly analysis on the U.S. Dollar Index;
A (orange)( closed ) : Price clearly bounced on our bullish trendline. Blue area as been broken in the beginning of the week, my bearish bias was completely canceled. No break and no resistance, this direction bias is now closed.
A...
-As you can see, the pair is having trouble breaking below a major demand area at 1.6800 , which isn’t surprising since it lines up with a 38.2% Fibonacci retracement, with RSI almost hitting oversold levels.
-Based on the long wicks below the area, it looks like forex bulls are defending the support very well, Not only that, but a bullish divergence has also...
It's time to load up and accumulate for the rally that will come (25-30 oct)
1) Bullish Divergence signal => Bears lose power
2) After 25 oct (Bitcoin gold fork). Expect money flooding back to altcoin
3) Whales accumulation for the masternode (250k required)
4) Release of the Breeze Wallet on 30 october
TA + Fondamental => Rally imminent !
Good entry :...
The pair completed a bullish Bat pattern approximately 12 hours ago.
I am now looking at the falling wedge pattern + bullish divergence for a potential long trade
Would like to see price go above 1.2460
If you take this trade, stops should be below the 1.2420 levels
Hey!
It was a hard month for holders of Monaco, but I think that next week there will be a lot of positive news, which will positively affect the price of MCO.
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Technically, everything looks good.
Quite a strong bullish divergence from the price and the RSI indicator.
Not too strong a falling wedge was successfully punched by a large buy volume.
But, the...
Ardor build up a huge Shoulder-head-shoulder pattern in its graph. But this bearish pattern did not result in a further sell off.
Instead Ardor had a bounce on the neckline and then it did fell through a little, when it fell through price reached a new low, but the RSI-indicator did not, it made a higher low, this bullish pattern is known as: Bullish divergence....
D1 - Price moving inside a channel and currently at the bottom of this channel. We have double wave inside the cycle which has now reached the bottom of the channel. Now we want to look for confirmations of bullish reversal.
H4 - Price bounced from the magnet zone and also we have bullish divergence.
H1 - We have two waves down, we can go long with the...
W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
