This is building setup is true trader´s dream, not only the Volume is a match, we have bulldivs on daily and 3-day, also the confidence BTC gained from the last break-out of an inverted H&S within the full year of consolidation are signs AGAINST this being a Bulltrap. This is so crazy obvious, I wonder if that will be the reason for a total fail of this Beauty....
Overview of formed Bull Divergences with price action and a few other indicators.
Took up a long here, 4hr BB squeeze, MACD cross, bull div, targeting the 786 from the double top down to the deep swing low. Simple set up, hopefully pans out.
Ethereum Classic Bull Divergence 1H Chart ETC/BTC
2 part bull div on daily RSI shows us a buy opportunity on PIVX. PIVX is a good alt-coin, way down from ath just like the others. Several altcoins have set up like this right now so there are other buying opportunity on the crypto space. Unlike other coins, PIVX has good fundementals: a devteam still making releases and active on github, and a good use case:...
Bullish divergence on the daily RSI confirmed 20 minutes ago: Here is a cheat sheet on divergence: i.imgur.com Here is a historical look at daily divergence since we reached ATH 6 months ago: As you can see, they all played out at least for the short term giving bulls some relief. Point and Figure Chart i.imgur.com Yesterday we confirmed a column of 14 O's....
A quick study composed to illustrate the multiple levels of divergence Ethereum has had since November of last year. Based on this study, short term trend changes typically took place at the second level of divergence on the Relative Momentum Range Indicator . The only other acceptation for this, was the reversal from the top this last January. At that time, was...
After a big pullback and a bull div on yesterdays close, NTDOY is set to move up.
CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.
WMT bull div presents buying opportunity. WMT is 25% below all time high, a pullback that has occured with little or no upward mean reversion. Following our MACD and RSI bull div on the daily I expect to see some upward mean reversion here. A tight stop presents itself below local lows where there is very little volume. Target is 23% FIB/daily volume profile...
QSP still reacting well to its channel a little RSI bull div. made it reverse shot term trend, might be looking for the height of the channel as a target (around 3k sat rn)
this is just for fun, not financial advice, i dont like to trade based on future predictions, better to trade what i see, let'see. we will dump until daily close and bounce (when asia wake up), creating a lower low, and head, rsi will bounce creating a highler low = bull div - price will go up until europe wakes up then dip until usa wakes up tomorrow creating a shoulder.
Hi guys! On the 1h chart i noticed some bull div while looking at the RSI and the chart. Higher Lows on RSI & Lower Highs on chart = bullish divergence This means we could see an upward movement within the next couple of hours. I post daily charts on Twitter @misssbitcoin I'm on YouTube as well! MisssBitcoin Good luck trading guys! Hugs, Maddie