bitcoin stoch diverging bullishlyit seems like a temporary bounce may be squeezing shorts on the daily indicating a retest of the 37k area monthly trama 12 is still in the high 40ks but sinking
Bullish Divergence
EURUSD: Bullish Gartley and Double Bottom on the MonthlyI feel like this Gartley could extend further down towards the 88.6 Retracement as that would be closer to the 1.618 Extension of this Gartley but it seems like it could be just as valid for it to reverse here at the 0.786/1.414 Confluence Zone so I will opt to try my luck and take an entry here and if it goes lower near the 886/1.618 Confluence area later i will try again later at those levels which is why i will opt to maintain a tighter stop than usual on this particular entry so that it could make more sense to try again if we ever hit those lower levels at the lower Confluence area.
We are also nearing the Bearish Target of a Previous Macro Setup i posted on the Monthly last Year in August that can be seen here:
BTC/USD Bullish DivI'm looking at some on-chain metrics such as dormancy levels, and I think if we can manage to decouple, it looks like a possible entry to accumulate. I see some bullish div on the RSI, so I'm going to be searching for some confluence in the upcoming days. On my previous weekly chart, I showed an Elliot wave scenario and mentioned I'm going to be looking for more confirmation on the shorter time frame. This is a hint of confirmation for me.
VRM Massive Falling Wedge on Bullish DivergenceI haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring.
I think we might see a spike to the $5.95 resistance this month!
Looking forward to read your opinion about it.
BTTC | Bullish Divergence - Falling Wedge Ending Triangle?Price action and chart pattern trading
> Local falling wedge ending triangle pattern within a global falling flag corrective ABC.
> Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv.
> 1st target 0.786 - 1.0 upper resistance flag - upside +20%
> Stoploss @ the lowest falling wedge position zone - downside -10%
> Risk reward ratio: 2:1
Indicator:
1. Smart money volume support
2. Banker chip entry signal
3. Fundflow RSI reversal pattern coming out of the oversold zone
4. BBD signal - bullish divergence - just below the baseline
5. KDJ stochastic bullish divergence
Always trade with affordable risk and respect your stoploss
EURGBP Buy IdeaW1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
H4 - Bullish trend pattern.
Currently it looks like a flat correction is happening.
Until the key support zone holds my view remains bullish here.
A valid breakout above the top of the range would be the validation for this bullish view.
$PINS: Bullish Divergence at PCZ of Bullish BatPintrest is at a very interesting area and we are already getting a bit of a Bullish reaction here once the MACD crosses Bullish on the Daily we should see some nice follow-through
I want to break free $KDARSI outperforming recent trend on the smaller time frames - If you zoom out KDA on the larger timeframes is a large descending wedge. Time to break free.
BTC bullish divergence from a bull flag in a bearish channelThe next few hours/days look to be a potential "break or bounce" moment for bitcoin.
After the recent lows from January, a precipitous channel had formed and was broken upward (light-blue dashed lines) forming what looks to be a bearish channel for which the price current is dancing along the bottom (solid white lines).
What is interesting is that bullish divergence has formed for both RSI and the MACD histogram (dashed white lines) in what looks to be a short-term bull flag (dotted white lines on price). As a result, there is a possibility of a bounce here potentially toward the 50% Fibonacci retracement level toward the top of the channel (near 50K). However, should price buckle here, there is a chance that the price could continue to fall down, even to near 32-33K (recent bottoms & Fibs) and potentially even 27-28K (the longer-term 61.8% Fibonacci from the 2020 Covid drop) and beyond (i.e., 16-20K due to 78.6% Fibs).
Looking at ALTs, there is a common trend of bullish divergence, but additionally quite a few ALTs still have some room to continue downward before a bounce back upward. I should warn that ALTs typically will follow the price of BTC, and BTC typically follows the trend of the general market, which has not been looking good as of late, but should any of the ALTs form a more definitive trend, I will post about them as well.
But as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions.
Will We "Affirm" A New Direction This WeekWill We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week?
I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock.
Bullish divergence on the daily chart.
AFRM is in the buy zone.
AFRM is in a range on the daily chart.
Outcome Expected- Break from range through the upper channel
*Identified risks-
-It will be very important to watch price action because the stock is currently trading below the 200, 50, 21 and 9 moving averages. Hence, the reason why I will be making a safe entry once the stock moves above the upper trendline or 9 MA.
-AFRM is ranging and I wonder if it will continue to do the downside as a continuation from the inverted cup and handle pattern or make a shift to the upside
-AFRM has earnings on May 12, 2022.
I look forward to watching what happens with AFRM over the next few days.
BTCUSDT | Falling Wedge Bullish Divergence - Dump&Pump@VP POC?Price action and chart pattern trading setup:
> Falling Wedge pattern with bullish divergence signal
> A possible dump & pump at volume profile point of control VP-POC?
> Entry @ Falling Wedge Breakout?
> 1st target @ upper resistance of parallel channel zone B and D position - upside +15% / +25%
> Stop-loss @ C position zone - downside -7 /- 10%
> Risk Reward Ratio : 2:1 for short term trade.
Indicator:
> Smart money volume support X1.8 - 2
> Banker chip entry signal
> Fund flow bullish reversal pattern
> BBD bullish divergence just below baseline zero.
> KDJ stochastic bullish divergence coming out of oversold zone
Always trade with affordable risk and respect your stop loss.
ETHUSDT | Bullish Divergence Upcoming Dump & Pump @ VP POCPrice action and chart pattern trading setup
> Falling wedge reversal pattern with bullish divergent signal
> A possible upcoming dump & pump at the volume profile point of control position
> Entry @ wedge breakout
> 1st target at 0.786 - 1.0 upper parallel channel resistance
> Stoploss @ lowest point of wedge zone
> Risk reward ratio 2:1 for medium term trade
Indicator:
1. smart money volume support 1.8X
2. banker chip entry signal
3. bbd bullish divergence signal crossing up baseline
4. KDJ stochastic bullish divergence trend reversal pattern
5. fundflow reversal pattern coming out of oversold zone.
Always trade with affordable risk and respect your stoploss.
Tell Ray to...I mean Tilray...Tilray Brands, Inc. NASDAQ:TLRY
Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees?
Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below.
Pattern Identified- A descending triangle was identified on the daily chart for TLRY.
www.tradingview.com
Position Explained-Bullish divergence on the daily time frame. TLRY is currently in a downward trend. However, it is in a buy zone. Both the RSI and OBV indicators are pointing up at time of this post (after market hours 28 April 2022).
Peace and Prosperity,
Al
*******This is not financial advice.**************This is not financial advice.**************This is not financial advice.*******
DOT daily chart is ready to Rock N ROLLDOT daily chart is looking very bullish...everything that it needs
to break thru is all in the red circle.The white decending treadline,
we have the 50/100 ema,
bull market support band, the Hull suite indicator.
RSI is looking great and macd is as well. we have
Bullish Divergence on all cylinders, time to Rock nRoll
Falling Wedge in Litecoin!Hey Traders,
As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.
Safe trading,
-Pulkanator
Bitcoin BTCUSDT - RSI Bullish divergence + Falling wedge!- We have a huge parallel channel on the daily chart.
- Also inside this channel, we have a falling wedge - bullish reversal pattern.
- If you take a look at RSI indicator, you can spot a bullish divergence with higher lows on the oscillator!
- Due to my Elliott Wave count, we have finished an Impulse wave.
- 0,618 FIB retracement is a strong SUPPORT and we are currently sitting on the level!
This is what I see as a very possible scenario #btclongtermbulHey everyone,
Here is my refreshed Daily view on BITCOIN.
More Controversial traders won´t agree with me as I guess majority of you is bearish because of RUSSIAN-UKRAINE situation, but chart looks bullish for me and that is what matters personally 4 me if I ignore emotions which are bad for trading proper technical analysis balanced and correct R:R trading setups then it screams buy on me.
As breakout with retest played out for me I see this situation like a very solid long position setup with a very nice R:R which could bring in next 2-4months up to 150-210% gains with 3x leverage
Breakout with retest "zoomed" in
another reason why I see this bullish is that we are forming higher lows since Januray
#btclongtermbul
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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Bitcoin is about to Bounce!Hey Traders,
On the four-hour, we can see the MACD is creeping up to a bullish histogram while the RSI is indicating strength is coming back into the market temporarily. If this happens we will definitely cross the four-hour ema orange basis line of the Bollinger Bands .
Safe Trading,
-Pulkanator
AUDIOUSD: Weekly Double Bottom at PCZ of Bullish SharkWe could see this coin go up 100s of percentage points from here if this Bullish Shark and Weekly Double Bottom with Bullish Divergence Plays out.
QQQ LongQQQ is looking solid for a reversal here. Had a bullish engulfing candle to begin the 4hr yesterday and we have some solid hidden bullish divergence presenting itself. Should be good for a nice profit by the end of next week or maybe that last week of April. Good 1:3 risk-to-reward ratio too.
Entry: $340.92
Stop: $334.33
Target: $361 (the gap fill)
$COMP: Double Bottom with Bullish Divergence Channel BreakoutCOMP is Double Bottoming after showing 3 Instances of Bullish Divergence on the RSI and is now trading above an Assumed Channel which if it hold could signal a Break Hook and Go that could take it up to as high as a 1.618 Fibonacci Extension.
Hidden Positive Divergence Between Price and RSI on 1H TimeframeHidden Positive Divergence Between Price and RSI on 1H Timeframe
JPYUSD Bullish DivergenceRepeating pattern of bullish divergence leading to sharp short-mid term rallies.
