Bull Divergence on Bitcoin is my main trade, and to be honest I only should trade this kind of trade. This is a setup to snipe the bottom of the would-be double bottom W
Snag entries in that zone, snipe big towards the bottom, Tight stop loss a little under the zone. Maybe 7840ish or less. OR wait for Bull divergence to form on 5m or 3m for confirmation.
Same as xrp. Quite cute actually.
We have the nice bear Head and Shoulders, but still has not created a Lower low, or broke lower than the neckline. This gives price a chance to make a bearish Trendline that the bulls now can target to break.
Plus bull RSI divergence on the neckline.
Wait for break of 15m and spike of bull volume.
TP 1 would be previous...
When a TL forms after a Head and Shoulders, and price has a chance to break that bearish structure, watch out for the bulls.
Also, Div. <3
TP 1 would be close to Previous High maybe around .68
TP 2 Put a Break even stop and Ride for 2x TP1