ATOM COSMOS INVERSE HEAD AND SHOULDERS!! 10% PUMP INCOMING!!Looking at QNT and Matic which have found their bottom its seems like we are getting a bit of relief rally in other altcoins. I have noticed a few with an inverse head and shoulders Pattern. Matic also had one and it played out. Possible 10% profit if it plays out with ATOM. No financial advise though :) It will be better confirmed if we get above $13.089 and use it as support. If this plays out I will be taking profit around $14.00.
Bullish Divergence
$MATIC - BULLISH but CautiousHello my Fellow TraderZ,
#POLYGON ($MATIC) is going inside the Descending Channel Pattern and again got rejected by the Upper Trendline.
The recent upward movement was also supported by the RSI momentum which clearly was showing Bullish Divergence.
Now I see on 4 HTF price going to come and retest the MA50/200 at the least.
Also on 1 HTF, it is clearly visible that Price was maoving inside the Ascening Triangle and broke the Triangle beautifully and again coming to retest. Here my projection for the coming hours/days where we could go to the $0.9
Happy Trading Fam. CHEERS!!!
PYR FALLING WEDGE BREAKPYR Break of Falling Wedge on the DTF.
RSI Bullish Divergence on the DTF
Resistance at the Mid Range.
Target $5.00 Short to mid term and $7.50-7.90 Long term.
Gold - Looking To Buy Pullbacks In the Short TermD1 - Price has reached a key support zone and is bouncing higher.
Bullish divergence.
H4 - Bullish divergence.
Higher highs
Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
EURUSD Begins The UptrendIn the previous week the pair formed a double bottom pattern and bounced bullishly off the support.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.
NVDA NVIDIA Corporation Strongest SupportNVDA NVIDIA Corporation looks ready for a technical rebound.
A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of NVDA is below 30.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
Looking forward to read your opinion about it.
SKL break-outOn 1D TF, SKL has been in a falling wedge since almost two months (see screenshot below). Today, it broke out the wedge.
On higher time frame (1W), a bullish divergence can be seen: OBV and MFI increasing, CMF having broken its trendline. Moreover, an inverted hammer re-inforces a potential reversal (cf. the below screenshot).
The proposed setup is in chart with take-profits (dashed black lines) and stoploss (dashed red line).
$DYDX - Bulls breaking FALLING WEDGEHello my Fellow TraderZ,
Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF.
Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel.
BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + Breakout Volume is Pretty good enough.
Also look on DTF, #DYDX is forming a FALLING WEDGE Pattern which is generally Bullish in nature. For strong confirmation look for the daily close above the Wedge and the Resistance area of $1.30.
TP 1 : $1.41
TP2 : $1.52
SL : according to your own R:R
Note : never underestimate #BITCOIN which could ruin the Party.
Happy Trading Fam. CHEERS!!!
$TRB - Double Bullish DivergenceHello my Fellow TraderZ,
$TRB is ranging inside a FALLING WEDGE Pattern on 4 HTF.
I've mentioned here that the Double BULLISH DIVERGENCE is in formation on 4H RSI.
Price is just getting hit by EMA 55 if clears and breaks out of the Wedge Pattern, we can see the mentioned targets.
Also if we lose $14.7 , look for SHORT,
Trade well FAM. CHEERS!!!
AUDCHF Short Term Buy IdeaD1 - Price is bouncing higher from a key support zone.
Bullish divergence.
H1 - Bullish divergence.
Higher highs.
Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
$LUNA - Still some Fuel Left !!!Hello my Fellow TraderZ,
So what's up Buddies,,,today we have $LUNA on the table.
After bouncing to hug 3.5x #LUNA has fallen sharply as expected. The game of Pump-n-Dump is on #LUNA. And from time - to - time, we gonna see such amazing bounce to 100%-500%. So can choose this one as a GAMBLING bet.
Well now after sharp decline of ~70% following th recent pump, $LUNA is making a Falling Wedge on 1 HTF. Also Bullish Divergence is there . In shorter TF, I'm expecting a little 10-12% upside move to test 200 Hourly EMA.
Keep an eye on Breakout then place your entry.
Happy Trading Fam. CHEERS!!!
BTCUSD Stopping Volume at PCZ of Bullish SharkBTC has given me great reasons to be concerned that we would break through our PCZ and pull down into the 78.6% Retrace below but despite how many times it's tried it's managed to hold the local 88.6% Retrace as support and now we will have confirmed a stopping volume candle on the daily if BTC's Daily Volume doesn't change much in the next 15 minutes before the close so i will be doubling down here with a stop below the 78.6% retracement.
NZDJPY Short Term Sell Idea Delivered 200 Pips Move!!!In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term".
The price action followed my analysis and moved as per the plan here. The pullback that I was looking for happened and then the price moved lower further and has delivered 200+ pips move!
Note: Currently we have a bullish divergence in play, so if you are still involved in the sells then this is a good place to consider managing your trade and secure your profits (cash out or partial cash out or trailing protections or partial hedge, etc.. depending on the strategy that you work with).
Original Idea
Falling Wedge With Bullish Divergence and Bullish Deep GartleyWe have a promising looking Falling Wedge Visible on the Hourlies with a small Deep Gartley at the Bottom. My target here will be the .618 retrace and the SL will be below the previous major low to our left.
$META FACEBOOK - STRONG BULLISH DIVERGENCEThis is just an updated chart from my analysis last week.
$META is still on track.. LETS GO!
$BTC - O -$BTC Hello my Fellow TraderZ,
We are now coming into the most awaited week where we have FED Rate Hike announcement on SEPT 20/21. So as usual US Equity Markets is reacting to the probable Hawkish action of FED, followed by #CRYPTO as well.
Many of us are expecting the rate hike to be between 0.75bps and 1bps. If we see 0.75bps, it is good and more so like #BITCOIN is pricing in by testing the June lows. Incase we see 1bps, this is a disater then and most probably #BTC would stop at 14k.
But here what I see on DTF is that #BITCOIN is coming to support and probably in the making of DOUBLE BOTTOM pattern which is coupling with the BULLISH DIVERGENCE.
Still hoping for the best. Be cautious and Trade well my Fam. CHEERS!!!
PLSD DAILY is charting Bullish DivergencePLSD daily made a perfect pullback to the
6.18 Fibonacci while hitting the absolute
oversold position in the RSI. Classic Bullish
Divergence with the price action and RSI
Strong weekly hidden bullish divergence on #WEAT EFTHigher-low in price and lower-low in RSI. Big move incoming?
US30 DOUBLE BOTTOMPrice has formed a double bottom pattern with bullish divergence suggesting bullish movement.
The initial target for bullish retracement is the 32800 resistance zone.
USTC Hourly Bullish Bat witth Bullish DivergenceUSTC has formed a Bullish Bat on the Hourly Chart and may be looking to recover alot of the losses it's made this week. We may also see either LUNA2 or LUNC rally from where they are as a result of USTC Showing Strength if it does pivot here.
Zilliqa: MACD Bullish Divergence on the Weekly TimeframeWe have a huge amount of MACD Bullish Divergence on the Weekly here that might lead to a big Square-Up in price action and perhaps even a Weekly W structure.
Cardano: Bullish Cypher at an 88.6% RetraceWe have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6% retracement as we sttill have the 1.272 Confluence here.
BTC DAILY BULLISH DIVERGENCE(S)Bitcoin has seen a dump recently.
After the dump, on the daily chart it has made a bullish divergence in the RSI.
Also since 17.9k low, BTC has made a MACD bullish divergence.
We have probably seen the worst of the bear market and BTC probably will not go too far below 17.9k.
Personally, I won't open a long position right now because this isn't enough reversal confirmation according to me.
We need to break above 19.5k first and 20.5k after that and confirm a new (short term atleast) uptrend.
BINANCE:BTCUSDT
