Bitcoin has been boring the last couple of months and has roughly gone sideways in a rather long range for the last year. The price action has been sideways some of the longer term indicators have been priming and suggest that the next move is to the upside. The stock to flow model comes and goes in popularity with the volatility of bitcoin. When bitcoin is...
We have an Ascending Triangle here on the weekly Timeframe and we are looking to target the 1.618 extension which would be the AB=CD BAMM Target from here upon breaking 500k. We are also showing Bullish Convergence on the MACD and Hidden Bullish Divergence on the RSI above the Breakout Point of the pattern.
We are at the 55 Month Moving Average and it happens to align with an old Monthly Resistance that we are now testing as Support; If at any point we start to rally we will have MACD Hidden Bullish Divergence Develop on the Monthly Timeframe.
DOT weekly chart, looking like a possible bullish reversal. there is Hidden bullish Divergence with the price having a higher low and the RSI putting in a lower low. price targets and support listed on the chart. DeMark 9 Indicator is reading there is a 80% probability the weekly candle has hit the bottom.
BTC daily chart. As you can see, BTC is still following the Bullish ascending channel for the last 281 days. When the entire world keeps the narrative that BTC has crashed to nothing, it continues to do what the chart has been indicating... Until BTC breaks the lower trendline, this chart still stands very strong...BTC also continues to show Hidden Bullish...
BTC 3 day chart. As you can see, BTC is still following the Bullish ascending channel for the last 281 days. When the entire world keeps the narrative that BTC has crashed to nothing, it continues to do what the chart has been indicating... Until BTC breaks the lower trendline, this chart still stands very strong...BTC also continues to show Hidden Bullish...
BTC 3 day chart. As you can see, BTC is still following the Bullish ascending channel for the last 281 days. When the entire world keeps the narrative that BTC has crashed to nothing, it continues to do what the chart has been indicating... Until BTC breaks the lower trendline, this chart still stands very strong...BTC also continues to show Hidden Bullish...
BTC Daily chart from this first Death Cross to the bottom before bouncing was 31 days, Now look at the second Death Cross, the 31 days would sit on Feb 14, 2022...thats almost perfect with BTC trendline...lets see if History Repeats itself. Zoom in on the chart for closer details
CHAINLINK (LINK) 3 DAY CHART The purple rectangle box is the consolidation zone along with the support box. LINK must break above the HULL SUITE Indicator first, then move above the red line of the Bull Market Support ribbon, to really make this chart shine to the upside. This Chart is showing Hidden Bullish Divergence, which means the price has a higher low,...
THETA TOKEN: HIDDEN BULLISH DIVERGENCE IN THIS WEEKLY CHART. Theta has been super bullish for nearly 600 days, yes we did see a long consolidation period, but its coming to a decision time on the weekly chart. looking at the RSI, its about to break resistance and remain bullish for a large move up. If history would repeat itself, look at the projected numbers...
We are still at the PCZ of a Bullish Shark Visible on the Monthly with Hidden Bullish Divergence on the MACD; It's almost been a year since the original post and i just thought it'd be appropriate to call some attention back to this one. If you want to see the original post it's in the related ideas section below.
Nintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
It looks like BTCUSD is showing some signs of reversal from the current downward trend. On the daily chart (left side), you can see that the price of bitcoin has migrated into a small downward channel that began at the beginning of December potentially forming a bull flag. This can further be seen as a bullish sign of reversal based on reversal bullish divergence...
Below are the Reasons for WHY i am Bullish on SHIBA :- 1) Massive Hidden Bullish Divergence :- As you can see in chart below, there is MASSIVE Divergence between Lowest low of Shiba to Current Recent Lows on Daily Timeframe. 2) Shiba sitting in Demand Zone & Consolidating :- Shiba is also holding its Support Zone very well and despite all ups and downs...
Thanks to FED & Jerome Powell for shaking market by its Roots and causing HAVOC in the market recently. IF Stock Market doesn't stop here then we can well be in a RECESSION Territory after Breaking this Lower Low :- Tightening Monetary Policy, Increasing Interest Rates, & Cutting off Asset purchases and clearing their sheet by selling Assets they are holding...
Bitcoin lately has been testing Patience of many traders and making holding longs way more fearful for many Traders. I would like to Represent "The CONTRARIAN VIEW" for BTC in this Analysis. --------------------- TWO BASIC GOLDEN MANTRA's in TRADING --------------------- Before starting anything, I would like to discuss Two Concepts in Trading that are like...
Following the recent strong bearish movement USDCHF have formed a hidden bullish divergence on the H4 and H1 TF. This might indicate bullish run will soon start. For now, price is testing the recent swing low (HL). If this level should hold, then we expect a break above 0.91221 which will further confirm the bullish run. Our SL is tight, placed at the recent low...
We have Classic Divergence on the MACD and Hidden Bullish Divergence on the RSI visible on the Weekly chart at the PCZ of a Bullish Gartley.