Tornado_Trading

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This setup is about a pullback to the Value zone on the daily, and the larger setup on the weekly: A bullish divergence. 1W: Bullish divergence on the weekly, but only on the MACD-H, so I rate it weak. It might look strong, but these are the facts: only a bullish div on MACD-H, not on any other indicator. Stochastic RSI is curling up from an oversold condition....

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Weekly: There is a bullish div on the weekly, MACD-H and EFI are diverging with price, MACD lines are possibly diverging as well, as it seems it will make a shallower bottom, but strictly speaking, it's not the case at this moment. Stochastic RSI is currently crossing, coming from an oversold condition. I expect price to reacht the 1 ATR level Daily: After a...

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Currently I see the bounce of support on the weekly. After a bullish div, priced revisited support, and the volume around these levels are very high. There was a minor False Breakout to 18,3K and then bounced of, but not that strong, and last week the bar was showing an uptail, and price visited support again. Then on the daily it started to grind up, and on the...

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Weekly: Bullish div on MACD-H, MACD lines, EFI, and EFI ATR channel divergence. Stochastic RSI is turning up. EFI is entering bullish territory. Daily: Daily is turning down after an upspike. I would like to see Stochastic RSI crossing back. It seems the Value zone will hold as support, but waiting for confirmation of that. There was a nice bullish div on the...

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Bearish divergence on 4H and Daily. Daily stoch RSI turning down after overbought condition, stoch RSI already declining on 4H. Divergence on MACD-H and EFI as well. Entry: 158.85 Stop: 164,13 TP1: 148.1 TP 2: 145,6

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Weekly: Weekly bar closed high and gives us a bullish divergence, including a bounce off of support. Entry around 126 (wait for a pullback on a shorter timeframe). A bottom has been formed and the weekly bar closed positively, showing a strong rejection of that support level and stochastic RSI came from an oversold condition, now curling up from this...

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Weekly (not shown): Possible bearish divergence coming up. Impulse still green, but is shows prices around 101 were rejected and price closed much lower. MACD-Histogram still rising, as well as EFI. sRSI declining, although it could cross. Daily Bearish divergence on MACD-H, MACD lines, EFI and even Stochastic RSI. Stoch RSI crossed bearish and comes from an...

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Weekly: After an extreme drop, price went below -1 ATR, but by the looks of it, it seems it is about to close above 1 ATR level. If so, it will become a nice setup on the weekly, which I will provide a setup for, when that sets up. The impulse is still red, but when I peek at the setup of 3 days, I see it's blue already, and with crypto I cheet with this factor...

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Weekly Bullish div on MACD-H and EFI. We do see 4 EFI diverging locally in the latest decline.sRSI is about to to a strong degree it seems, and might tick up. Daily: FB and 1st HL, impulse green. Might possibly start a new uptrend and fullfilling the weely setup "Entry: around 44 TP1: 57,14 TP2: 62,9 R/R Ratio

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Weekly: After an upwick tail, we now have a bearish divergence on MACD lines, MACD-Histogram as wel as EFI. There is even a ATR channel divergence. Stochastic RSI coming from an oversold condition and now bearish, moving in the reference area. Daily; A list of bearish divergences, supporting the idea on the higher TF. Currently, daily candle went up and closes...

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Weekly: Price has hit support for the second time and although the divergence is not pure, it is kind of a bullish divergence, on MACD-H and EFI. Stochastic RSI is coming from an oversold condition and shows some movement in a positive direction. Also, -2 ATR is has been the outer stretch mostly and could indeed pull up to value zone Daily: Ticker has made up a...

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Weekly: There is now a finger pattern, an upwick sticking out and the current weekly candle went up after the open but failed, and now prices are below previous candle close. Weekly is only half way, but bearish divergence is developing on EFI and MACD-H. Stochastic RSI seems to cross, and is overbought. Let's see how this develops. On shorter TF's I was daring...

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Weekly: There is a bearish divergence on MACD-H and EFI. Currently a new top is forming but it has less power then its previous top. There is an ATR channel divergence as well, as on EFI Daily: There is a bearish divergence on MACD-H and MACD lines, as well as an ATR channel divergence. Stochastic RSI turning down. Last candle tried to tick up but after this fb...

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Weekly: Closed lower, after upwick, impulse is blue (meaning MACD-H ticking down). Latest top diverging with previous local top. Often times, the 2.5 ATR level is a turning point for tops. Daily: A nice set of divergences, on MACD lines, MACD-Histogram, and EFI. Even there is a divergence on Stochastic RSI, as well as ATR lines, showing an ATR channel divergence...

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Posting the analysis is a bit late, I reentered but had no time to write on Tradingview. I saw the setup becoming interesting again and bought in the 32-33K area. We're above 34,8k now, best to wait on the 4H for a pullback. Otherwise the R/R ratio ain't good. The exit target 1 is a bit higher now. The second target could be considered the same, as 40K resistance...

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Overall, longer term the trend is down. This could change of course, but this review is on taking a chunk of the upmove after a bullish divergence. Then we reevaluate, to see if things have changed. See also my video review here: Weekly: MACD-H is ticking...

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3Day chart: Bottom forming, Last candle had a large downwick, now MACD-H is ticking up. MACD-H and EFI are diverging with price. Price moves around -1 ATR, but it seems support has been found at these levels. Daily: Missing Right shoulder bullish divergence after bullish divergence, also a bullish divergence on ATR lines, MACD-Histogramd and MACD lines, even on...

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Weekly There is a bearish divergence on the weekly, although not very pure. I expect this to pullback to the slow EMA and further to -1 ATR, a support level of the uptrend Daily There is a bearish divergence here as well, impulse has become blue now. There is a divergence on MACD-H and EFI. Stochastic RSI is turning down, coming from an overbought...