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Bullish Divergence

ANCUSD Seems Ready to Recover 50%-61.8% of it's Crash Losses.A few months ago every tradable asset associated with the Terra Ecosystem had major crash and Anchor Protocol was one of the assets affected. Since then ANC has been sitting here at these lows forming Bullish Divergence on the RSI and the MACD is refusing to turn negative as ANC Trades within this price range despite the steadily declining price. I believe that based off this ANC is signaling to us that it is ready to recover much of it's losses and my targets will be the 50% Retracement and the 61.8% Retracement.
ALong
by RizeSenpai
WHA | Wave Projection | Inverted H&S Bull DivergencePrice action and chart pattern trading setup: > Wave projection possible intermediate 4-wave rebound with inverted head & shoulders reversal pattern and MACD bullish divergence > Entry @ Neckline pullback > Target @ H&S Target or 0.386 retracement of previous 3-wave +6% upside > Stop @ right shoulder - 3% downside > RRR: 2:1 The downtrend target C-wave or final 5-wave estimated at 0.786 of the last B-wave Always trade with affordable risk and respect your stop
SET:WHALong
by dukeposh
REN Weekly Bullish DivergenceWeekly: Bullish div on MACD-H, MACD lines, EFI, and EFI ATR channel divergence. Stochastic RSI is turning up. EFI is entering bullish territory. Daily: Daily is turning down after an upspike. I would like to see Stochastic RSI crossing back. It seems the Value zone will hold as support, but waiting for confirmation of that. There was a nice bullish div on the daily and it made a high. Not it has retracted to the value zone, and if this holds, I'll buy . EFI is at the zero level. I have not entered, I would like to see Stochastic RSI turning back, or get into a good setup on the 4H chart. I will update when I have entered. Entry: below 0.119 (I'll try to find an entry on the 4H or daily setup) Target 1: 0,356 Target 2: 0,402 Stop loss: 0,0795 R/R: TP1: 1:5,7 TP2: 1:7
FTX:RENUSDLong
by Tornado_Trading
AAVE - Falling wedge is breaking out! + Complete Elliott Wave AAVE is ready for a new bull market! On the macro scale, we can see a falling wedge pattern that is currently breaking out. As per my Elliott wave technical analysis, the ABC correction has been completed and because of that we can expect a new Impulse wave. Good news is that the price has been supported by 0.786 FIB + yellow trendline. We didn't make a new low on the macro scale, so there is a great chance for a new bull market! If we take a look at the RSI indicator - we can spot a bullish divergence, always nice to see in the end of the downtrend. Next target is ofcourse previous all time high from 2021. I see a lot of altcoins probably bottomed out, so next weeks / months can be finally bullish. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
9
Is the 'drought' over?CRYPTOCAP:USDT.D Looks like we're in for a bullish term on the crypto market!! Since January 2022 the USDT.D (which serves as a very important factor in deciding the direction of the overall cryptocurrency market) has been on a continuous uptrend until May where it started forming a hidden RSI divergence on the daily timeframe as shown on the chart above. To confirm this a higher peak was formed at 9.49% on the the 18th of July along with a lower RSI trend compared to the previous peak at 7.27% on 12th May. As of 13th July the daily candlestick closed bearish, engulfing the previous candlestick despite the U.S CPI data release which was very poor. I'm looking forward to a more bullish trend on the overall crypto market along with a steady increase in momentum in general. - Joel Please like and leave a review I'd like to know what you think about my idea 😃.
CRYPTOCAP:USDT.D
by Jo3elll
2
BTTC | Wave Projection | Ending Diagonal - Bullish DivergencePrice action and chart pattern trading > Ending diagonal pattern with possible upcoming wave channel triangle breakout > Possible upcoming Inverted Head & Shoulders > Indicator: RSI / MACD bullish divergence indicating ending diagonal final wave 5 downtrend > Entry @ triangle breakout > Target @ Previous 1-wave + 75% upside > Stoploss @ 3-wave Head position -25% downside > RRR: 3:1 Always trade with affordable risk and respect your stoploss
by dukeposh
EUR/JPY: bullish divergence and break outEuro/Yen Japanese break out this structure and want to continue climb that we could to get a good trade in this par. And also we forming a bullish divergence in the RSI and price action too. We're in this way forming a bullish divergence In Daily timeframe it's look bullish from this key support zone above 138.50 JPY. I put a buy order limit to $138.76 JPY, Stop Loss to $137.98 JPY and target to $140.00 JPY. This it's look a potential trade to find up 138 pips. This it's a quickly analysis today. I hope that this idea support you Good luck!!!
Long
by harisonhbn9718
CoinBase - Elliott Wave Finally completed! + Bullish divergence- CoinBase is one of the most popular crypto exchange in the world and that's why it's good to track the price of the stock. - As per my Elliott wave technical analysis - we have completed the impulse wave successfully and now I am expecting at least a retracement to 0.618 FIB / Red horizontal resistance. - If we take a look at the RSI indicator, we can see a bullish divergence, which is ofcourse always great to see. - We have a local falling wedge, bullish reversal pattern at the end of the trend and the price is currently breaking out! - Look at my ideas about interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
NASDAQ:COINLong
by UnknownUnicorn2537518
5
BTC Long Term And Short Term AnalysisBTC LONG TERM - The bullish divergence looks like it's playing out on the 1D and close above the 21 EMA yesterday which means it could go and test the 55 ema at 25000, so I don't think this bounce is over just yet. BTC SHORT TERM - On the 1H it looks like it wants to put in a temporary top and pull back a little bit. There is a tiny bit of bearish divergence too, so that could lead to a little pull back on the shorter time frames. BTC OVERALL - I can see BTC having a pull back today and carry on it's bounce later on today or going into the weekend. Let me know your thoughts in the comments and like my idea!!
by cryptokid1507
Perpetual PERPUSDT - Record volume! + Elliott wave + Wedge!- If we take a look at the volume indicator, we can clearly see a massive bullish volume spike, which is definitely a good sign! - On the weekly scale, we can see a falling wedge that is currently breaking out! - As per my Elliott wave technical analysis - the huge impulse wave (12345) should be completed, as you can see. - On the RSI indicator, there is a bullish divergence - wonderful sign of a trend reversal. - Profit target: 0.618 FIB + start of the wave 5 for 700% profit. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
6
INTU - near term upsideINTU hit the low on 13 May and has not gone any lower since. It has been chopping sideways for almost 2 months and appears to be forming an ascending triangle (odds of breaking up is greater). On the monthly chart, we are seeing a possible 3rd inside bar this month and also a bullish divergence with the RSI. A breakup of the ascending triangle at 425 could be early signs of optimism. However, an bounce right now may still be on a short term swing basis only until we see more signs of a sustainable reversal. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:INTU
by Juliac
Bitcoin BTCUSD - Complete Elliott Wave + Falling wedge! (weekly)- I do not see any reason why bitcoin should not respect the previous all time high support from 2017 (around 20 000 USD). - The price is currently above 20 000 USD and we have had a capitulation wick to 17 600 USD to kick out high leverage traders. - Bitcoin on the weekly chart is currently sitting on the main support: Previous 2017 Swing high + 0.786 FIB + ABC correction completed! - The price is forming a falling wedge pattern, which is definitely a good sign that can lead to a new bullish trend. - As per my Elliott Wave analysis - ABC correction should be completed successfully and we can start a new impulse wave. - If we check the MACD indicator, we can spot a bullish divergence and the first bullish tick on the histogram! - If this Elliott Wave analysis is wrong, then anyways we should go back to 28 000 USD to retest the 0.618 FIB level + trendline of the wedge. - Look at my ideas about TOTAL crypto cap and BTC.D in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
9