Price action and chart pattern trading setup > Major formation: Ending diagonal with bullish flag reversal pattern, expecting a rebound for minor WAVE 4 > Targeting 0.382 retracement of previous WAVE 3 > Entry @ bullish flag breakout > Stoploss @ flag support position > RRR 3:1 Indicator: RSI bullish divergence Always trade with affordable risk and respect...
There is a Double Bottom Visible on the 1 Hour and RSI Bullish Divergence Visible on the 1 and 4 Hour
There is strong rsi diversion in CAMS, the price was trading lower low but rsi is trading in higher low so, your first target will be yellow line which will give you a gain of 8% and if the price break yellow line with strong volume then your second Target will be at orange line which is again give you extra 8% gain. And don't forget to keep trailing your...
Hi everyone, Thank you for considering reading my idea. This is just an out of the blue prediction and does not mean it will happen 100%. The idea is we get a final dump, probably in the next 2 weeks to 30-31k before we reverse the trend. We should also see the RSI higher than the previous RSI which is at 20.30 to confirm an RSI Bullish Divergence. What...
Fibonacci; A, B, C being a deep 78.6% retracement , and D being our .64 - .71 targets. Falling wedge , waiting for 3 touches each on the support line and resistance line for this to be a valid falling wedge pattern - next possible routes shown. Bullish RSI divergence. Could see a little more downside here before we see some upside, but the bullish sentiment is...
CHZ is about to potentially break out of a DESCENDING TRIANGLE on the 4H and 1D TF. The pattern can be either BULLISH or BEARISH, Can CHZ if it can break through the heavy resistance of 0.33-0.38 and claim and hold as support we are good for continuation. TARGET 1 - 0.45 TARGET 2 - 0.55 TARGET 3 - 0.65 TARGET 4 - 0.95 ATH RSI PRINTED A HIDDEN BULLISH...
ADA has made a falling wedge and a bullish divergence with the RSI and HVN on the 4 hr time frame. I'm expecting a nice pop over the weekend while BTC goes sideways or slightly up. Then, if BTC has a final shakeout to around 38300, that could cause ADA to backtest the upper trendline of the falling wedge as support.
BITCOIN ( BTCUSDT ) 30 minutes timeframe -> Inverted Head and Shoulder. A strong buying level when market is consolidating/downtrend. This indicates after long bearish trends, the price falls to a trough and subsequently rises to form a peak. It has taken support also from 20 EMA and a good green candle ready to make a breakout. RSI also supports it. It can do a...
Mersana is currently right at the resistance within a big falling wedge - a bullish pattern upon eventual breakout. What separates this case from the normal breakout is that Mersana recently made a perfect RSI closing on the lower bullish red line. As discussed in detail in the RSI trilogy, once the RSI comes from low levels (as in below the lower bearish blue...
Bitcoin has just formed a diamond bottom and broken out of it. It has also made a bullish divergence on the 1h timeframe. It bounced very nicely off the 0.618 fib retracement level at 46.4k. With all of these things in mind, I think it is ready for a bounce to 48k minimum and will possibly march on to make higher highs
Hi everyone, Thank you for considering reading my idea. We are getting this bullish divergence in the RSI on the daily charts. Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs
On the hourly chart, we’re forming a double bottom combined with a bullish hidden divergence.. $52,750 the target! Could it also validate the ascending triangle and this dip just be a fakeout?!
NASDAQ:SIRI Possible Exaggerated BULLISH RSI Divergence spotted as the price test the 20 SMA Support. Two double tap lows on the price while the RSI made a higher low. Also $SIRI Earning Q1 are released this Tuesday 4/28/2020 and they already announce they will be keeping the quarter dividend payment the same as before. Indicating there is a good chance they...
There are multiple interesting things going on here on EURCAD from a techncial analysis perspective. The price has hit this horizontal support zone three times earlier already, and all times resulted in a bullish continuation. Furthermore, a Bullish RSI Divergence has formed, indicating a bullish continuation of the price. Now that we achieved confluence...
Two charts that explain why I'm super bullish on EOS/BTC 1) - The EOS price has broken out above 40k satoshis on January 14, and the rally lasted until February 14. Since then, the price has returned and avlidated the breakout level. This is a very common movement that leads to another upward move the majority of the cases. - In addition, there is even more...
price can move very fast in this coin. Buy : 60 - 65 Target: 70 , 80 , 100 Stop : 7% price try to hold above 100 ema on 4 hour . good buy at breakout and hold your coin for now .