We tracked BAT for a long time and the current moment seems to be the best to enter this position. Hidden bullish divergence is revealed due to higher lows at oscillator chart and lower lows at the price chart. Indicators are bullish: Stoch RSI is in the oversold state, DMI shows possibility of sharp rise. Fundamentals are also great. The price is going to enter...
paper Trade Hidden divergence took place, price in retracement to where hidden divergence took place, and at a flat top resistance.
Gold closed at $ 1204.90/oz and traded with a fairly positive price movement on trading last week, where the lowest price was still in the weekly pivot area and the highest price was in the first weekly resistance area (R1), seen also experiencing a significant price spike in Friday (8/24). The price is very strong also still maintains price movements above the...
Price makes a lower high + Indicator (RSI) makes a higher high = Hidden bearish divergence It's some hopium for the bears after that big green candle today. Wouldn't put too much weight on it. But there it is for whatever it's worth! Bulls aren't completely out of the woods yet.
The bear market isn't over for me yet. Price has formed a wising wedge in leading into an area of resistance. The rising wedge is supported by RSI. We also have some hidden divergence, suggesting a continuation to the downside.
Stellar Lumens BITTREX:XLMUSD finds itself sitting in a symmetrical triangle since its alltime high on january 3rd and its pattern low on march 18th. Let's conclude, for a valid symmetrical triangle pattern, we need to meet the following criteria: An established trend: In our case this one is bullish At least two lower highs and two higher lows, in order to...
H4 - Price broke above the trend line, we may now look for pullbacks and buys. If the price creates a hidden divergence then it would be an ideal scenario and extra confirmation.
H4 - Price is nearing the downtrend line, we also have hidden bearish divergence already forming. H1 - We have two potential zones for reversal and continuation lower. Invalidation: If we get a valid breakout above the H4 downtrend line, then this setup will be invalidated (false breaks can be neglected).
Ever wondered why BitMEX CEO Arthur Hayes called a 5K bottom before we go moon? Here's a reason why he could be right. A Hidden Bearish RSI Divergence just showed up which could drive $BTC further down to $5,367 before it finally moves up. Sell short after btc breaks below the resistance turned support (the thick white dotted line). Note: Hidden bearish sign gets...
While everyone is fomoing into this bull run my broad view on the market remains bearish. I'll break down the reasoning behind my outlook with a couple of facts. To establish a bull market, Bitcoin needs to start making higher lows and higher highs. This is the most simple way to break down the complex price action. So far we have seen the high at 20k, low at 6k,...
SHORT after retest on top previous Resistance. Short signal supported by Bearish Hidden Divergence, Strong Resistance , 50 ema retest and below 200 ema! What Else can you ask for? lol. but remember it still a risk!!
Be carefull out there. Im seeing a whole load of hidden bearisch divergence in the daily graph. In my last idea I told that we could see some green movement to at least one of the trendlines formed by the triangle, but seeing this HBD makes me think that the uptrend could be over already.
Longs proceed with caution..
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...
Fibonacci is drawn from minor wave 5 to minute wave ((i)) On the 4 hour chart we have minor, minute and minuette waves with additional correctional waves. Right now the price is moving in the minor correctional waves, after ending wave 5 at the last low at level 1.15193 Inside the correctional waves we have minute waves and minuette waves. in the uptrend we...
Bitcoin is forming a symmetrical triangle in a downtrend with decreasing volume. There is a formed hidden bearish divergence on the RSI. I expect one more wave inside the triangle (and a possible bull trap) which will be a good opportunity to enter a leveraged short position with a high R/R.