Btcbullishdivergence — Trading Ideas on TradingView

Bitcoin Starting To Look Very Bullish!!!We are starting to look better and better everyday here with BTC, we are following this bullish divergence very nicely which is going to bring us an overall trend reversal like i have been talking about recently, the main difference between a hidden divergence and regular divergence is that the hidden ones signal a trend continuation and the regular divergences show a trend reversal, and since we have recently been in a strong short term downtrend shown by a hard 1-2-3 move to the downside we are looking very good for a reversal back into an uptrend! Like i talked about yesterday i said we had to see a strong push up to regain our pivot point (Bullish) and tonight we are looking like we are about to do that, we need to wait and see what our daily close looks like at 8pm EST, if we are successful at regaining this level we are looking even more bullish ontop of the very strong bullish divergence pattern, even if we don't get the daily close tonight we are still in good shape and definitely will still have the chance to do so in the coming days. Looking at the Stoch RSI we are in very good shape here we are seeing the blue continuing to push strongly to the upside! we are also right about to enter back into the middle zone coming up from the oversold area, we want to continue to see separation in the 2 MA's with the blue remaining on top and we got to keep seeing a strong push up with the blue reaching to the sky. Looking at the Wavetrend we are seeing the wave starting to bottom out with us slightly starting to curl in the bottom half of the zone, we are still quite a ways away from the upper zone and the very top level so we are looking great there, we really want to see the red crosses pass the actual wave and go onto the bottom side of the wave to start giving us that real push upwards. Upcoming key levels: most importantly the pivot point, 45K level, 46 and 47K levels. Key levels to hold: the pivot point if we regain it, 42K range, and very importantly the 40K level! Not financial advice just my opinion!

Bitcoin Bullish Divergence Playing Out!!!I mentioned the other day that we BTC was looking to be going in the direction for a bullish divergence pattern, which signals a trend reversal and since we have been in a short term hard downtrend (shown by heavy 1-2-3 move down) we are looking at a bullish reversal! There are a couple things we really have to watch to make sure this fully confirms, the most important being on the Stoch RSI, we don't want to see a sharp bear crossover. Looking for the blue to see some good separation from the orange and we want to keep seeing this upward direction coming from the blue. The other big thing we have to keep an eye on is the pivot points, we are directly below the pivot level with us wicking off earlier and at some point soon like the next day or two we want to see a strong push to regain this level and to further the bullish momentum. Checking out the MACD we are still a bit away from a bullish cross and a regain of the midline, but we are seeing some positives like the blue MA starting to slightly curl with the orange coming MA towards the blue MA, we also are seeing a decline in bearish momentum on the histogram, we have definitely seemed to have peeked for this macd cycle and we are starting the comedown towards the midline with hopefully us starting to see some green bars by the end of this week! Not financial advice just my opinion!

#BTC bullish divergence hey guys here you can see that #BTC price was making lower lows but #RSI making a higher lows... its considered a bullish divergence.. in upcoming days #BTC can pump to $40k area.