Since the market fall we have been tracking this coin as it gives a decent profit on reverses. Currently there is a moment to buy this alt cheap and earn profit. The price bounced from Fib 1 retracement level, moreover there is hidden bullish divergence on the chart and BB contraction. The price should enter the Ichimoku cloud. Buy this coin at the suggested in...
D1 - Hidden Bullish Divergence H4 - Ascending triangle pattern. Basically we are looking for a breakout above the resistance of the triangle for buys.
Lower low in price, higher low in RSI. LTCETH is making a falling wedge on the daily chart and ready for a bullish breakout. RSI is coming back up from oversold area and making an ascending triangle.
Here is the 30 minute hidden bullish divergence. Hopefully this can accelerate us out of the descending wedge for another breakout.
The price is at a support level, if this level breaks, than i see the price move further to 1.52490 before further upside. if price manage to break the 1.52490 area, than the price could go further down to test the 1.49960 level. this will also be a trigger for a new analysis as the (4) wave will go below the ending of wave (1) The price is also in a trend...
Technical: On the Daily chart we have Intermediate, minor and minute waves. followed by Intermediate correctional waves. we also had a break to the downside from the symmetric triangle, where the support/resistance haven't been tested yet. The current price level/support is a support from 2004 and therefore have been tested many times and makes it a strong...
ADABTC on the 1H chart is forming an ascending triangle. Plus, hidden bullish divergence can also be seen on the RSI. Once the price breaks out of the triangle on the upside and volume supports it, theoretically, we can see a price rise equivalent to the opening of the triangle which is about 800 satoshis. Once the price breaks out of the triangle, we will look...
The analysis has started with Bollinger Bands indicator, it was found that before each huge growth of this coin there is a contraction in BB channel, and now a similar contraction is forming. Moreover the price touched Fib 0.618 support level and started to bounce from it. Stoch RSI strengthen this idea. The strongest argument the coin is in bullish mood is that...
Remember what happened the last time?
Not Divergence...Hidden Divergence.
Same as BTC...the correction has been over, just takes time to show on large interval charts.
Allthough I currently hold no position in OMiseGo I really like this token. OMG is about banking the unbanked, starting off in South East Asia. It is an ERC20 token and the first Plasma Network crypto (scaling solution that should allow for up to 1 million transactions per second!). It aims at allowing cross platform operability with a whitelabel SDK wallet (for...
My current assumption for $GVT is, In the D chart GVTBTC has a nice hidden bullish divergence and in the 4h chart a bearish cross between EMA and Kijun Sen. Looking at the 4h you can see that RSI is oversold, last time the RSI was this oversold was in December. The Kijun shows that price currently hit a strong resistance level, there might be an opportunity for...
Another very solid project: Ardor! Ardor is a project of Jelurida, who have been around since 2013! Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility (a huge problem on ethereum, remeber the Crypto Kitties). Ardor is being designed as a complete ecosystem where multiple players can interact with each...
D1 - Hidden bullish divergence. H4 - Bullish divergence followed by bullish convergence, we may look for corrections and then continuation to the upside. We also have hidden bullish divergence. H1 - Double wave down, bullish divergence. Price broke above the trend line and also it broke above the high at 1.4020, we can start looking for buys.
BTCUSD Bullish Divergence in 1HR Chart.
W1 - Hidden bullish divergence. D1 - Double wave down with bullish divergence. Trend line broken. H1 - Triple cycle up. double wave down. There are two magnet zones. We may now expect the second leg of the double wave to reach the magnet zone and then we can go long with the breakout of the trend line.