If this can break out of the structure and get above $100 there could be a nice trade opportunity. Setting up for obvious bullish divergence on multiple timescales. BTC needs to find the bottom first though.
I was patiently waiting for a good entry price and we finally got there today. 4h Hidden Bullish Divergence to boot. I believe this could easily double from here and I don't think this will go any lower any time soon. Great product too, you can probably pick up a bottle or two at your local store to try yourself. Super easy to manage risk with tight stop loss around 93c.
High risk areas after crazy pump last week but one could argue for Falling Wedge-like behavior on smaller timescales with breakout and backtest complete and possible Hidden Bullish Divergence developing on 4h. Target of the structure would be the top of the wedge for some impressive returns. Tight stop loss below 110 (recommended) or a bit more loose one below...
BSV held historical support and developed 4h Hidden Bullish Divergence on both oscillators. Looks ready for much higher prices in my opinion. Stop loss just below $330. First target $430.
Stock is already severely beaten down so I wouldn't go too heavy on shorts or puts but there is hardly any support before $5 meaning it could still lose half of current value before finding bottom!
I believe corrective wave on PLUG is over after reversing at key support trendline. Triple Hidden Bullish Divergence on daily timescale MACD to boot. First target around $40.
2 hours until this 4h candle gets painted but so far looks like a textbook Tweezer Top. Are we finally going to see some pullback on ETH?
One of the very few major altcoins that didn't quite take off today just yet. Bounced at the trendline again. That bullish divergence on multiple timescales is very real - the question is whether it's going to play out? I remain optimistic.
I shared Bullish scenario for BTC yesterday. But then despite the chart pattern looking good (potential Inverse Head and Shoulder) we shouldn't ignore some very obvious bearish indicators we have on the very same 4h chart. At this point we are observing Triple Bearish Divergence on MACD (consecutive higher highs in price on lower levels of positive momentum),...
Looking to add to my position here. Bullish Divergence and Bull Flag on 1h. Original target of the trade was 1.2k and we are half way there but I believe it can go as high at 1.7k this month. BCH is in a very sting bullish uptrend that seems ready to continue,
Potential Inverse Head and Shoulders bullish reversal backtesting breakout at the neckline. Current level would need to hold for this to be valid but if it does we are looking at target around ATH just by making a measured move. Easy to manage risk with stop loss just below the neckline.
4h MACD Bearish Divergence very mature. Hopefully this will underperform but downside is implied.
51-49% zone has historically acted as support-resistance area and we have oversold conditions with Hidden Bullish Divergence on daily timescale. If bounce is going to occur it would be soon. The only way BTC.D could go up in current market conditions would be for Bitcoin to dump again taking altcoins down with it. This combined with 4h Bearish Divergence on assets...
Not saying to short or anything but this is a very high risk area to be taking longs on ETH. Notice Bearish Divergence on 4h MACD and RSI (Triple!) and price sitting exactly on top of this Rising Wedge. Not to mention BTC Dominance sitting at historical support of 49% where it bounced multiple times in the past and BTC itself showing 4h Hidden Bearish Divergence....
We are seeing very mature Bearish Divergence on multiple assets in crypto space including BTC and ETH on both RSI and MACD oscillators. Could imply short-term pullback, possibly to backtest 52k range for support. Probably wise to sit this one out, high risk areas to take longs.
LTC broke out of this Bull Flag it painted recently and is holding above critical support in $250 range. The breakout and support could get tested once more time but I believe it will make another run soon. Risk of Bearish Divergence developing on 4h but this wave up in crypto market only just stated so I hope we can invalidate that in time. BTC encountered...
Daily momentum about to go positive for the first time in 40 days. I think $280 would be the target for this wave up.
I've been watching this asset for a long time looking for entry confirmation and the perfect buying setup and we finally got it today. Falling Wedge breakout and backtest just occured. $1200 target, SL below historical support, 3:1 RR.