KEY might be nearing the bottom of correction here. Slight bullish div on stoch rsi
Currently, bitcoin is in a downtrend, and I am going to support my idea using the weekly RSI because I believe that divergence is a strong indicator of a changing trend. In this graph, I have noted the divergences that have occurred in bitcoin during the weekly time frame. However, as you can see there I have made the bearish divergence in red and the bullish...
BTC Broke the falling wedge by the way there is a bullish rsi divergence in low temporal frames, lets see if proce can bounce, or are we going to test low levels
We detected a descending channel breakout, however the price is in overbought state and should lower according to Stoch RSI and MACD to our suggested buying zone. Nevertheless price shouldn't go back to the channel because of the hidden bullish divergence and Ichimoku cloud support which is right at the top line of the support Signal with buy zone, stoploss and...
BITFINEX:BTCUSD "The chart speaks louder than words" Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time. Time frame: Daily Sentiment: Bullish Target: $8000 Any thoughts on technical analysis of BTC are always welcome in Comment Section. If you find...
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...
After a strong performance over the weekend, Bitcoin is showing signs of life. (1) Price action formed consecutive higher lows (L1-L2) and higher highs (H1-H2). This is a valid bullish reversal pattern. (2) Price has broken out of a falling wedge denoted by blue lines and consolidated above breakout point. (3) Bullish divergence on the RSI denoted by red arrows....
Today Decred has rejected the $58.5 level, that is 261.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout. Simultaneously, DCR/USD bounced off the 3/1 Gann Fan trendline which has acted as the support. And finally, RSI formed a bullish divergence suggesting the potential trend reversal. If price stays above the $58...
Bitcoin Chart Has Two bullish Indication First is The Falling Wedge And Another Indication is Bullish Divergence...... HOWEVER ONE THING IS STILL POSSIBLE WE MAY DROP TO 5600-5400 AND RECOVER VERY QUICKLY BY TOUCHING THE BOTTOM OF THE FALLING WEDGE. IF THIS HELPED YOU HIT THE LIKE BUTTON HIT THE LIKE BUTTON HIT THE LIKE BUTTON
D1 - Finally price is at the critical zone that we were waiting for. We also have bullish divergence. H4 - Aggressive entries with H4 divergence are welcomed. For more conservative approach we need to see trend line breakout, or for the safest approach, wait for the price to create higher highs and then we may start looking for the buys.
As trader This is a Educational Information (Not a trading advise because I m not sure about it) Go and Search on google a "Bullish Divergence" Or Just flip this Image to the down side We can not go more low without going up.
A welcome bounce for BTC is giving some relief for bulls. A Head and shoulders is developing on 4H which could provide some support. There is clear bullish divergence on 4H and 1D charts. MACD is also pointing up. We passed middle of Bollinger Bands on 4H (still far on 1D), which are squeezing... so a jump can be expected soon, and the bullish divergence may...
We're all gonna make it brah, bullish divergence on the daily.
Today Crown has formed the bottom at 8365 satoshis, prior to which price broke above the descending channel. Nonetheless, it failed to break above the 8/1 Gann Fan trendline which formed the resistance at 12700 satoshis high. The interesting point is that RSI has already formed a bullish divergence and at the same time broke the downtrend trendline, which could...
with lower lows and higher lows on RSI we are seeing a formation of a bullish divergence indicating potential to start climbing out of the cellar. Of course this could go south if BTC support fails.
Follow up on my previous idea; To further strengthen the bullish case for BTC on top of a confirmed bullish divergence I covered in my previous post it looks like BTC is forming an Inverse H&S with the right should sitting right on top of an ancient support trendline which started forming all the way back when BTC formed a local bottom Nov 11 (the bcash...
still looking for a retest. maybe it does not need to happen. but maybe it does. either way there looks to be lots of upside coming soon.
The chart is pretty self-explanatory. Bullish Divergence is confirmed by the RSI making a higher high on 4h chart followed by a Bullish Engulfing all point up. ***Not financial advice. Always DYOR***