Bullish Divergence
Aterian Long Hold TradeAterian Long Hold Trade
TECHNICAL RELEVANCE:
RSI Bounce From Oversold Levels
MACD Bullish Momentum On Long Term
Bullish Divergence With Price & Indicators
Increasing Volume Candles With A Recent Spike
Strong Breakout Having 100% Gains In One Week
Recovering Lost Value During USD Value Increase
Convergence With Trendlines To Ultimate Target
TARGETS:
$7.77 Magic Number
$12.00 Golden Range
$19.00 Fibonacci Extension
$30.00 Bullish Confluence
SRMUSD: Double Bottom Visible on WeeklyWe have Hidden Bullish Divergence at Support on the Daily and a Lower Low Double Bottom Spring of a potentially failed Double Top Pattern on the Weekly with Bullish Divergence and if it plays out we can very well see a rally up to $12 and if it breaks all time highs it will target $22-$24
EUR/CAD: Bullish Hide DivergenceEuro/Canadian Dollar show now a good opportunity to put in long position in this par as we see clearly in the price action that this will could to see any liquidation of shorts, but you can to entry in the favor of this manipulation zone. Also, for reference, this diagonal downline it's showing like a retest and this could be another confluence that there're an important support that we can't to miss. The support it's around $1.3697 CAD, or for reference in this grey zone that I draw here. And also, we forming this bearish channel and the price it's inside it.
And also, by Daily timeframe we forming another divergence forming a lower high in the RSI and price action forming a lower low. But that it's remain a possible signal that Euro will going to strengthen in front of Canadian Dollar.
So guys, I remain that we forming a bullish divergence in H4 timeframe and we see a good opportunity to long EURCAD
I put a long around $1.3669 CAD and SL to $1.3607 CAD and target to $1.3838 CAD. Also, for reference, you can to go in H2 timeframe as we see a good perspective to buy
EURJPY Buy IdeaD1 - Higher highs.
Currently it looks like a pullback is happening.
Expecting the price to continue higher further after pullbacks.
H1 - Currently it looks like a flat correction is happening in the form of a range.
Bullish divergence.
A valid breakout above the top of the range would be the validation for this bullish view.
Shiba Inu: Double Bottom at PCZ of Bullish GartleyWe have tow bottoms at the .786 retrace PCZ of this Bullish Gartley with the addition of Bullish Divergence and if it plays out Shiba Inu could go absolutely insane as it has historically except this time there would be a tremendous technical argument as to why it does rather than it just being for the memes.
Bull Flag Visible on Weekly Timeframe with MACD Bullish CrossThis is a company that has quite a good P/E and has Bounced from the bottom of a Parallel Channel after printing Bullish Divergence on the MACD. As of today the weekly has closed near the breakout point of the Channel and has confirmed a Bullish MACD Crossover above all the major Moving Averages.
Due to all this i expect that upon breaking above the channel we will have a Blue Sky Breakout that could take us to $28-$30
Double Bottom with MACD Bullish Divergence at 200 Week SMAThis is a riskier trade than normal so i will be reducing my size on this trade but will be targeting insane movement to the upside.
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
Silver Buy IdeaW1 - Price has broken above the top of the range.
Higher highs.
Expecting the price to continue higher further.
H4 - Currently it looks like a correction is happening in the form of double wave down.
Bullish divergence.
Until the two key support zones hold my view remains bullish here.
If we get a valid breakout above the downtrend line we may then consider it as a validation for the bullish view.
Bullish Bat with Double MACD Bullish DivergenceWe have Bullish Divergence on the RSI and 2 Instances of Bullish Divergence on the MACD at the PCZ of a Bullish Bat Pattern on the Daily; the Moving Averages are beginning to curl up and the 4 hour is testing sitting at the moving averages at the Neckline of a Double Bottom at the time of posting.
Morning Star Bullish Bullish MarubozuWe have a Morning Star and the Bullish Candle happens to be a Weekly Bullish Marubozu and it is showing Bullish Divergence and the MACD and RSI nearing a Breakout of a Parallel Channel if we get continuation in the coming weeks given the MACRO in the sector we could see something big happen here.
Could this be the bottom ?Ashford hospitality trust invest directly into the hospitality industry, mainly through hotels which of course have been annihilated since the pandemic, and there are arguments that business travel will never return to pre pandemic levels which Ashford hospitality rely on. At the start of 2020 the SEC launched an investigation into the business due to transactions dating back to 2018 (this was resolved in Feb 2022 with no actions taken) so do not get me wrong this is a company that is well and truly down in the dumps and the chart reflects such a case.
However from a technical perspective this is certainly worth a second look. Trading 99% down from ATH of $1000 and change whilst beginning to show strong signs of bullish divergence across an array of indicators.
Relative strength index in over sold territory with bull divergence.
MACD showing bullish divergence.
Awesome oscillator has printed a new high whilst price has made a new low but tapping into resistance.
Volume is also falling along with the price which is a good indicator that may signal a weak trend.
Will follow up with analysis of the 1D timeframe
Take care.
SNDL confirmed bottom with Classic Bullish DivergenceSNDL finally putting in a higher low. We got that Classic Bullish divergence and now it appears SNDL has backtested weekly support as support yet again at $0.46. The chart is saying we're going to get some sort of rally. Keeping the stop loss below that previous low around $0.40 makes sense when SNDL can easily go on a 50-200% streak in the next month or two...or it could fail. Keep emotions in check on these weed stocks.
Entry: $0.50
1st Target: $0.92
2nd Target: $1.10
3rd Target: Moon
Edit: Ignore the white line on the RSI, that doesn't have anything to do with my trade setup. The MACD is the classic bullish divergence.
Comcast(CMCSA): Bullish Divergence at 800 Day EMAWe have been trending down within this channel for the last several months a Bearish Butterfly Initiated the trend and now we are Bottoming Out at the 800 day EMA about to attempt a Break of the Channel and with the Presence of the Divergence I think we will succeed in it