Looking for Bullish Divergence at these prices, but you are in the PC(ZONE) of the Potential Bullish Butterfly. I have had this plotted for months now and have had previous TA posts on it. That being said, the safest entry would beat the 1.618 and this is also the log scale as this is exponential! If we do hit the 1.618, we would really want to see 4 hour and or...
Algo broke its trend heading down on the 4H..nothing significant which tells me we are still heading down in price.
Buyers can't get a grip yet and that is def. due to the buying power of BTC right now. Investors are tossing thousands of bucks into BTC at the moment. Alts tend to have effect with this in both positive and negative manners depending on how an...
You are showing bullish divergence on the macd, but not on the rsi. I don't recommend taking a trade in this coin at all. Sure, 4 hour macd bullish divergence could play out and you'll probably get a scrub rally out of it between the common retrace zones. But their is no reason to be buying at this price as their is no real support. In fact you only have one...
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ALGOBTC Bullish Divergence.
Note: This is only for Educational Purpose this is not Investment advice.
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Good evening Ladies and Gentlemen! 1st off, I am planning on opening up a Discord channel or potential telegram channel. I may even make a website, but I really want to start a group called "ChArtWorks" or "TimeLostChArtWorks". Haven't decided yet, but I would love to open a channel for TA and also Artistic Charts that I'll be posting! That being said, we are...
- In 4 hrs Timeframe, Forming Falling Wedge Pattern (Bullish)
- May Be Test the Support Area Before Move Up.
- Falling Wedge Breakout Expected If Hold then Bounce Back From Support..
Buy Around 500 - 520 Sats
Sell Targets 560 - 620 - 680 Sats
Stop Loss Below the Support..!!
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Ladies and gentlemen! We are currently at a potentially lower risk entry for $ALGO! We are showing Bullish Divergence with Down Sloping Consolidation after an Impulse up and you just so happen to be at the PCZ of the Bullish Cypher! Refer to Update 2 on the Bullish Cypher pattern for potential areas of price reversal! You really don't want to drop under 524 sats...