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Bullish Patterns

$BTC Bearish Divergence on the Weekly !? NO!!!Someone on Twitter sent me a chart showing Bearish Divergence on the Weekly for BTC and asked me to analyze it. (hopefully this link shows the chart) pbs.twimg.com My response is below. --- This is a really good question! Caught me off guard for a second and I had to really analyze it. That chart assumes we’re at the end of the cycle, so its showing bearish divergence prematurely in Mar ’25. But the fractal it’s being compared to shows divergence with the peak in Nov ’21. Here’s the correct way to draw the trends. If you draw from the bear market low to current date, you see we are just getting warmed up. This cycle is mimicking 2017 as I’ve mentioned a lot over the past year.

I marked where we are so you can see the Feb - Mar ’21 dip in RSI. Imagine tapping out right before the moonshot! It’s easy to get caught off guard with that chart, as the fractals from ’21 and ’25 on the RSI do look strikingly familiar, but notice how the right shoulder on the RSI falls in Nov 21’ , but the right shoulder on the RSI in Dec ’24 is going higher, pointing to the RSI following the ’17 uptrend. I wonder if the person who made that chart actually thought that was the correct way to analyze the chart, or if that’s just a troll bear-posting. I could see someone like CredibleCrypto or an XRP-maxi posting that.
COINBASE:BTCUSD
by jonnieking
sol buy midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
bch buylimit midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
LINK - Strong like a Castle!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Long-term, LINK has been overall bullish, trading within the rising wedge marked in blue. 🔻 Currently, it is in a correction phase, trading within the falling red channel. 📍 As it retests the lower bound of both the red and blue trendlines—perfectly intersecting with the green support—I will be looking for short-term longs. 🚀 For the bulls to take over long-term and initiate the next bullish phase, a breakout above the falling red channel is needed. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
3
WRB RotationTesting a few technical indicators during a cyclical rotation here: - Volume Profile -- 50 day lookback "Quarterly PoC" | Price is at PoC -- 100 day lookback "Power PoC" | Price is at PoC -- PoC Price | Blue = Long - 200 Day Moving Average - provides baseline for Long/Short basis | Price > MA = Longs - Volatility Radar -- highlighted background indicates: --- compressed volatility | Entry Allowed --- trend intensity is showing a "weakening" bearish trend | Mixed on Direction - 50 Day Moving Average -- used as the ultimate exit after price goes above it Good Luck!
NYSE:WRBLong
by jordvnflows
5
Could Cardano Bulls "Raise The Flag" To $2??COINBASE:ADAUSD has some very interesting Price Action happening with the decline starting from beginning of December 2024 forming what looks to be a Descending Channel with the potential to become a Bull Flag! With a Bull Flag being a Continuation Pattern, we can expect a higher probability of a Bullish Break to this Channel to continue in the trend it was following prior to falling into this Consolidation Period. Last week we saw a huge Bullish Candle form and Break the Channel after testing the March 2024 Highs, the 200 EMA @ .7719, along with the Linear Regression or "True Trendline" of the Descending Channel. Other indicators suggest Bullishness as well with the RSI staying above 50 in Bullish Territory and we can see a large amount of Volume entering this Weekly Candle with 2 days and 19 hours left until Close at the time of publishing. *If Cardano can continue to find Support and is able to make a Valid Bullish Break of this Channel, based off the "Flagpole" or Rally, prior to price falling into Consolidation, we can expect a potential 120% gain from the Break, potentially sending price up to test the overhead Resistance Zone in the ( $1.85 - $2.15 ) Range! 3/7 - The White House will be holding the very first U.S. Crypto Summit to make plans to start bringing cryptocurrency into a U.S. Crypto Strategic Reserve www.tradingview.com
COINBASE:ADAUSDLong
by Novi_Fibonacci
1
Crypto Total Market Cap Headed towards 5TTotal Crypto marketcap has sit the support zone around 2.6T and successfully bounced back from the support after forming two wicks on the weekly candle. This is a good sign that there is still bullish momentum left in the overall crypto market. Currently the market-cap is around 2.9T and steadily increasing. I'm expecting the further growth in the overall market cap and to reach 5T in the next couple of months. Follows us for more updates. Cheers GreenCrypto
CRYPTOCAP:TOTALLong
by GreenCryptoTrades
1
The US Dollar Index is Decreasing - Positive for Cryptocurrency#DXY #Analysis Description --------------------------------------------------------------- + The Dollar Index has breached its support level and is now trading below it, moving toward the next support zone around $100. + This development is positive for Bitcoin and the broader cryptocurrency market, as the US Dollar Index typically declines during a bull run. + In the long term, I anticipate further declines, potentially reaching the $90 range. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
TVC:DXYShort
by VectorAlgo
Bitcoin - 200 EMA is holding Strong#BTC #Analysis Description --------------------------------------------------------------- + Bitcoin has successfully tested the 200 EMA line and rebounded effectively. + However, caution is still advised, as the price may revisit the EMA support line. + The strong performance of the EMA is a positive indicator, suggesting the bullish trend could persist after a few retests. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
BITSTAMP:BTCUSDLong
by VectorAlgo
2
ETH has two pending CME Gaps#ETH #Analysis Description --------------------------------------------------------------- + ETH has two pending CME future gaps to filled. + First gap is around 2900-3400 range and second gap is around 2500-2600 range. + Sooner or later these CME gaps will get filled. I'm expecting Gap2 get filled in this or next month and Gap 1 in the second or third quarter. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
CME:ETH1!Long
by VectorAlgo
doge buy midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
LINK Trade Update: Recovery Bounce in Play Market Context: LINK is showing a strong bounce off major support, signaling potential upside continuation. However, if the market remains bullish, key resistance levels at $20 and $24 should be monitored for potential take-profit zones. Trade Management: Previous Entry Around: $15.30 Updated Take Profit Zones: $20.00 (First TP Zone - Key Resistance) $24.00 (Second TP Zone - Strong Resistance Level) If LINK flips $20 into support, it could extend toward $24 and beyond. Keeping an eye on overall market sentiment is crucial! 🚀
Long
by Richtv_official