Consistent higher lows since summer 207 Bear channel since April 2019 beginning to break Declining volume on bear channel Double bottom with bullish divergence on both RSI and MACD Fundementally: Strong performer during bear market Real world use case Meme that binance will rule the world is no joke Binance to top 5 next bull run, possible top 3.
Looking to form a new uptrend, FARM has formed a higher low, with scallops present. Included fibonacci retracement levels for possible targets if this turns increasingly bullish.
ARDR has consolidated with higher lows since August and after bearish divergence at top of the channel the price has broken down to a new higher low with a bullish divergence at the end of a bullish bat pattern ( point A is slightly higher than point C on many exchanges, where the bearish divergence confirmed a fake breakout of the channel on December 1st.)
CSX is in a bottoming formation with higher lows but consistent highs within the bottoming action. The candlesticks are now in a common compression mode with moderate volume supporting upside action.
D1 - 3 higher highs, higher lows, bullish trend pattern H4 - Price has created higher highs, we also have higher highs in MACD histogram and RSI indicator H1 - 3 higher highs, higher lows lows bullish trend pattern, we may now look for pullbacks and buys with bullish evidences.
The price action for BINANCE:FETUSDT is currently making an attempt for crossing-up the resistance area after few days of building-up just below. Depending on whether the current daily candle will close above the resistance, it will give traders a good opportunity to take a long position. Overview : since the Nov 22th low (at 0.0217) the price action has...
The price action for BINANCE:ATOMUSDT (on the left side) is currently forming a bullish structure while facing a strong resistance around the 4.013 area after a first attempt on 11th-12th November which resulted in a false breakout. When looking backward, traders may notice a bullish structure formation initiated by a double bottom in September. This...
Hello Traders! Today’s chart update will be on XLMBTC which has been putting in lower highs as it approaches a key structural resistant level... Will bulls have momentum to break resistance? Points to consider, - Overall trend putting in higher lows - Key resistance yet to be broken - Stochastics projected up - RSI respecting its trend line & Neutral...
H4 - Price reached the bottom of the bullish channel and is currently moving higher. H1 - 3 higher highs, higher lows structure, we may now look for retraces and buys with bullish evidences. Invalidation: This buy setup is valid until the bottom of the H4 bullish channel holds, if the price breaks below the bottom of this channel then this buy setup will be invalidated.
Or maybe a Head & Shoulder pattern will end up playing out. I noticed Bitcoin is also trading in a H&S pattern as well, maybe something to keep an eye on... If btc breaks than you can expect the same for eth to occur. Time will tell per usual.
D1 - Bullish divergence forming. H1 - Price is building up three higher higher and three highs lows. Once this completes itself we may then look for possible retraces to happen and then we may start looking for buys with more bullish evidences expecting possible continuation higher.
If BTC ranges we may be able to have a short term play here on EVX -Bullish Div on the 1D coupled by higher lows could mean targets at the pink lines -Need an uptick in volume as well to add conviction Invalidated below the black line
Welcome back for the next leg up bulls. We got what we were patiently waiting for last chart. We have been following our 4 hour chart for the higher lows and were patiently waiting to get the next leg up which would allow for some profit taking and then a risk free trade based on stop losses of higher lows. We have now accomplished this and can rest pretty easy...
Hello and welcome to my Trade Idea of the currency pair CAD/CHF: Lets start with the Top Down Analysis. Monthly: On monthly we see the currency pair has made L.H (Lower Highs) and H.L (Higher lows). In summary, the trend has made a Pennant. Weekly: We've been seeing more lower highs lately which confirms the trend is bearish. Daily: We see a trendline, and...
Stop = $27.87. Nice divi. some finance stocks seem to be doing well or my imagination?