RSI in BTC 4H time frame is showing Bullish Divergences and if it works, price can go up to 66k. Keep in mind that there are significant caveats when entering long trades!
BINANCE:BTCUSDT.P
From the looks of it, DXY will try to hold the 1.414 Butterfly PCZ and make its way up towards previous Resistance. I don't think DXY will Break the Resistance, but it does look like there is a good case to be made for DXY coming back up to challenge those levels.
Hello to everyone,
As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon.
The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here...
Hello to everyone,
Kotak Bank trading near weekly support zone & RSI Bullish Divergence also happening near support zone , which gives double confirmation that the price may go upside. So here perfect low risk and high reward setup.
#KOTAK MAHINDRA BANK📈📉
👉🏻Stock approaching strong demand zone✅
👉🏻 1690-50 Support👍
👉🏻Stock bouncing from support📈📈
👉🏻RSI...
Hello & welcome to this analysis
In this chart we can see
a diagonal breakdown which bought the stock down to 380
where it went into form a bullish harmonic cypher
to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
The price trading at Lower level and there is RSI BULLISH DIVERGENCE also on weekly chart which indicating that price has not much momentum and strength to go further downside .On the daily chart, the RSI indicator is also close to crossing below 30, Signaling overbought conditions.
👉 RSI DIVERGENCE does not confirm that the price will reverse but divergence...
Hello to everyone
The price perfectly fulfills my last idea. The market was trading at all time high level of 1397 and fell from all--time high price because of RSI Bearish Divergence on weekly timeframe . The price hit the target of 1228. Now the price is near the strong weekly support zone . The level of 1200--1230 is strong demand zone and there is RSI...
The price near ascending channel support of 1280--1320 and also there is RSI Bullish Divergence on weekly and daily timeframe. We seen a good correction in price an now price forming strong base to go upside. If price respects the channel support than than price can go upside for the targets of 1435--1500-1600 in next trading sessions.
Hello to everyone
The price perfectly fulfills my last idea. The market was trading at all time high level of 1397 and fell from all--time high price because of RSI Bearish Divergence on weekly timeframe. The price hit the target of 1228. Now the price is near the strong weekly support zone. The level of 1200--1230 is strong demand zone and there is RSI...
Hello to everyone,
As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in natural gas but only RSI divergence does not confirms the trend reversal. We need positive price pattern or any bullish candle formation to go upside at the...
BIOCON Trading near strong monthly support zone of .. 223--- 210. There is bullish divergence also between PRICE & its RSI in weekly timeframe.
Price also taking support near demand zone.
#BIOCON📈📉
👉🏻Stock approaching strong Monthly & Weekly Demand Zone✅
👉🏻 223-10Support Zone 👍
👉🏻Stock Showing Strength from support📈📈
👉🏻 Good For Investment View📈📈
👉🏻RSI...
NSE:DELTACORP
As seen on the chart, DeltaCorp has shown bullish RSI divergence as the price went lower while RSI went higher. There is a very high probability that DeltaCorp could reverse from here and could reach at least 200
Disc - invested, for educational purposes only.
BTC is trading within this Symetrical Triangle which is a pattern that happens to be Neutral but it's showing a slightly Bullish Edge in the form of the 4 Hour Bullish Butterfly anbd the 4 Hour RSI Bullish Divergence perhaps from where we are now we could atleast see some sorta action back above the top side of this consolidation structure.
SOL is in a Descending Broadening Wedge Visible with RSI Bullish Divergence Visible on the Daily and MACD Hidden Bullish Divergence Visible on the weekly at the PCZ of a Bullish Shark
There are alot of reasons to think it could go up even higher based off the much bigger Shark and Butterfly zoomed out to the left but for the day trader my focus is on this smaller local Shark with a target at around $40
Price action and chart pattern trading setup:
> Possible upcoming ending diagonal of intermediate 5-wave downtrend with inverse head & shoulders
> Entry @ breakout neckline
> Target @ approximately the height of the head 9 baht
> Stoploss @ upcoming right shoulder minor 5-wave
> Risk reward ratio: 2:1 with downside -6%
Indicator:
> RSI +50 cross MA and MACD...
