Massive increase in volume for a month.
Bullish divergence on RSI, Stoch, MACD.
I was in around 700 satoshis, but posting this trade here around 710 satoshis.
Entry: .00000710 (now)
Target 1: .00000805
Target 2: .00000955
I am putting my stop way down at the what would be the all time low on the chart...giving freedom for further divergence...
Coming out of the Falling Wedge we have Double Bottomed testing previous resistance as support.
MACD, RSI and Stoch Showing Bullish Divergences.
Near future incoming price at 62-78 SAT range as shown in blue box.
This is not Financial Advice.
Good Luck Traders!
Finally decision day has come, count down start and peoples are waiting what ll happen
2D chart is showing bearish divergence and also we are now in descending triangle and we are looking HS pattern on 1D, 2D and 3D charts. Most probably chances that ll go down around 8500$.
So better that we will wait for breakout upside or downside.
THIS IS A CONTINUATION OF THE SETUPS STARTED THIS WEEK..... CAN'T TYPE LONG AS MARKETS ARE MOVING....
WHATS TO KNOW....
-BULLS WHO HELD TOO LONG ARE TRAPPED WITH THAT BIG CURRENT WICK ON THE 4HR
- IM LOOKING FOR A CLOSE BELOW THE CRITICAL AREA... (MIGHT USE THE HOURLY FOR ENTRY BECAUSE OF THE SPEED OF MARKET)
- BUT ANY TRADES FROM HERE DOWN WITH STOPS ABOUT...
Its not one hundred percent, but this really does look like a continuation inverse head and shoulder pattern, everything matches in terms of volume and shape of the graph. The price objective if the inverse head and shoulders were to break upwards would be 1249 satoshis which can be seen in the purple arrow. In addition there is major support around 300 satochis,...
Firstly, i had drawn pitchpork and fibo retracement on last big swing price action. In result, i found resistance and support lines. After that, i observed that there price action in rising wedge pattern. As well as MACD,Stoch and RSI indicators given a signal of short trade. Finally, in my opinion,S@P500 index price down out rising wedge while ought to do short trade.
Step #1: Identify a strong trading market that has a clear bullish trend
The first step is to identify a strong trading market that has a clear bullish trend.
Our team at Trading Strategy Guides has discovered that you can benefit more by using the stochastic indicator to trade pullbacks rather than trying to pick a falling knife or to jump in front of a...
MNKD is in a falling wedge on the hourly time frame. The stochastic has coiled and there is divergence, right at the breakout point of the wedge.
Target: 3.10 - 3.20 (2.31% - 5.61%)
Archer-Daniels-Midland (ADM) has stochastic divergence on trend line support. There is a gap to fill above the target zone that could lead to an extra 2.5%
Target: 40.31 - 41.37 (1.68% - 4.35%)
DISCK has a coiled up stochastic with divergence and has good price support at this level.
There are two setups here, one for the Daily time frame and one for the 15 Minute.
Daily - Divergence Setup
Target: 17.18 - 18.53 (4.12% - 12.30%)
15 Minute - Bull Flag Setup
Target: 17.18 - 17.60 (4.12% - 6.67%)
There is a running stochastic divergence on channel line support. Mentioned this one last week in the list and it finished the week strong. It looks like there is more upside to come, but I consider it a higher risk since it is a new stock (IPO in July).
Target: 20.93 - 22.70 (7.33% - 16.41%)
Stochastic divergence at the breakout point of a falling wedge. 3 days late, but there is more upside. The stochastic is at 63.6517 so we still have some upside before completing the rotation and ending the signal. Combined with the falling wedge pattern, I expect a move up to the 200ema (red).
Target: 49.50 - 52.52 (6.50% - 13.00%)
Penny play - double bottom stochastic divergence. If you get in on the way up and use a tight stop this could work out nicely. If things get going, they will move quick.
Target: 3.76 - 4.37 (7.43% - 24.86%)
Stop: 3.30 (-5.71%)