Link is showing signs of a strong hidden divergence here at 4hr chart.
It is hidden because price bottom stays same while oscillators go upwards building up strength to pump.
That’s the idea. Let’s see what will happen in the next 4-12 hrs.
BTC/USD 4h chart. Despite the fact that we are all hoping that BTC will go back up we are still dipping a bit. We have made a new lower low but the bullish divergence is still active and the demand zone we just hit again. Would like to see the candle lose 4h in the range otherwise I see us dipping further and the S/R zone is definitely an option to start looking...
BTC chart 4h Bybit
What we see: BTC has had a nice correction and we have found nice support at the 4h demand zone where we have also found support at the EMA200 and we have a bullish divergence. Reason enough to return to the 4h supply zone. If we do not break through this zone I see Bitcoin correcting further towards the S/R zone.
The disconnection of the DJI and USTech100 has happened before for short amounts of time. In the last limb of price you see this happening.
The question is 'what happens next?' Unfortunately my crystal ball broke a long time ago, and I'm not purchasing a new one on Ebay. 😂
This is one to watch. The H&S on the USTech100 is not predictive.
There are also some...
Bitcoin has seen the 4HR ascending trendline breakdown following confirmed RSI bearish divergence & we should see bears follow through over the coming week, $48,500-$47,500 is my first area of interest & $42,000-$41,000 the main area for long term positions with maximum risk to reward opportunity.
$ETH has printed a RSI weekly bearish divergence & I'm patiently waiting for a retest of previous ATH in the $1480-$1350 range if the opportunity arises, note when Bitcoin broke it's ATH we never ended up seeing a retest of it's ATH so this scenario could be front run & we might not see this play out. One thing i've learnt over the past 4 years of trading in these...
This setup is only relevant if we can get that daily close below this neckline.
As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of...
GBPJPY has been in a major bull run for almost a year. It has finally reached the highs of December 2019 where its met with resistance. On the lower timeframe we can see a macd divergence which we can use to get a short term short set up whilst we wait to see what happens next.
See chart below for the short term set up.
EURUSD has been under significant pressure lately due to US dollar strength and unfavourable prices of the Euro for the European member countries. It is now formed a falling wedge pattern and it is only getting tighter before breakout. We also have triple bullish divergence on the 1h RSi, I believe some short term relief is coming before we head won lower.
Hello guys, I hope you have booked an amazing profit in xzc. I shared xzc signal on 6th January and xzc has given over 3x profit. Today I have brought a new coin which is looking so bullish. Personally I am expecting a great reversal from here it has already broken the triangle and and most of the indicators and divergence are also showing bullish. I have given...
I'm posting this idea so I have a record of my ideas and hopefully start a discussion. This is not to be blindly followed or taken as investment advice... please please please DYOR!
Line of Thinking:
We are forming a potential Head & Shoulders pattern on the 4hr. We are currently moving down forming the right side of the right shoulder after having a failed IH&S...
First Week Of 2021
Signal's win rate: 86%
Total Trades: 30
Winning Trades: 26
Strategy and Risk management explanation:
- Condition: Specify potential zones in 4H and 1H and wait for the price to reach them
- Entry: Regular divergence, double top and double bottom in 15M and 5M
- Stop Loss: 1 ATR below or above the last swing
. The price is trying to break downtrend #1 for the second time. It will be a buying opportunity if downtrend #1 is broken.
. Also, it will be a possibility of temporary retracement to the buy zone when the price reached the suggested resistance line (7.5150) and downtrend #2.
. Traders can set orders based on Price Action...