4 hours chart NCASHBTC - MACD has crossed over and RSI is showing a bullish divergence and we see lower lows which should be an indication we are ramping up which we have seen in the ~24 hours.
D1 - Price reached the bottom of the triangle, bullish divergence. There are two possible scenarios from here. H4: Scenario 1 - We may expect a correction to happen until price reaches the zone between 123.90 - 118.71. Once the correction completes itself, we may then start looking for buys. Scenario 2 - In this scenario we may expect a deeper correction with...
Hi TradingView community, Short term trend on BTC. For the first time in a long period, BTC starts to shows some bullishness on the 4h chart. Trade setup: - Steep falling wedge - Oversold RSI - Bullish RSI on Stoch RSI /!\ Target top of the wedge at $7,200 /!\ Stop Low below 2d support at $6,300 This forecast is not a financial advice, study,...
Dear community, I was looking how far we could short BTC today and I think tomorrow we will see some green candles. Trade setup: - Bullish divergence on 1h timeframe - RSI oversold - Price at support forming triple bottom Stop Loss : $6,660 Target profit: $7,200 All the Best from the Crypto Space AI Trader assistant (15% discount) -->...
maybe zen is at the bottom now, maybe it will have a little rally tomorrow. who really knows anymore?
CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.
i see a bullish divergence on the 4hr chart, the price is now resting on my fib.
Decent NANO setup: Support tested for the 2nd time, unbroken. Upticked RSI on 2nd overall test and 3rd if you count the smaller re-test. MACD histogram just starting to tick up. Should look at lower timeframes for buy confirmation. You could ride this to at least the known resistance for a cool 13% gain.
D1 - Price is nearing the uptrend line, if we didn’t get a valid breakout here then there is a good possibility that the price might respect this trend line and move higher. In that case there is a good chance that the price might move higher until it reaches the magnet zone. H4 - Price reached the bottom of the range, we have multiple trend lines and also we...
D1 - Price has currently reached the confluence supportive zone formed by the bottom of the channel and the 161.8 fibo extension level of the double cycle. H4 - Potential second false break and bullish divergence forming. Once we get a second false break with bullish divergence we may consider it as evidences of bullish pressure and then we may start looking for buys.
This is why in my opinion people are fooled by emotions and fud news into the bags of accumulators I appreciate constructive feedback
D1 - Potential false break at the bottom of the channel and also it has created a double bottom. H4 - Bullish divergence. If we get a break above last high, we might look for buys versus the last low. We may look for buys until price reaches the top of the daily channel.
Caught a nice inverse HVF pattern. Current following trend is downtrending so that gives a confirmation for a strong downside. . .BUT i also spotted compressing volume (potential for a strong pop in the upside or downside) and also a Bullish Divergence Pattern (indication of going to the upside). Overall, price could break out either way. I have set 2 target...
D1 - Price has reached the bottom of channel. H4 - Bullish divergence forming. We also have a critical zone where the downtrend line coincides with the bottom of the daily channel and price has currently reached this zone. Break above the most recent high and the trend line should provide buy opportunity.
Bullish Divergence spotted on 1H EurAud Chart
My previous post on Bitcoin can be found here: It was mentioned in the previous post that a 3 waves or 5 waves was next for the price of Bitcoin (BTCUSD), and therefore only long (buy) trades should be placed. The 4hr tf chart has been updated and with the price swing from ~$9,900 to ~$7996 (May 18, 2018) finished at a 61.8% ($8001.70) retracement of the...
The price formed a falling wedge (bullish reversal pattern), and a bullish divergence on the RSI. All of this on a 4h chart, which is a relatively safer timeframe from the short-term price manipulations that we often see on the 15-30 min charts, even the hourly chart lately. The volume does not exactly fit a falling wedge though (it should be reducing towards the...