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Bullish Divergence

Big move on bitcoin will come very soon!!!Hello traders, As you know from our analysis, we don't use to much indicators. But, today I would like to show you RSI divergence on 1D timeframe. What does this chart tell us? Price of bitcoin is still going down but RSI value is growing. This is bullish divergence and this is one of the poin which could revers down trend. Volume is going down and big move will come soon. 1) Bitcoin will go up from 46-47k level. 2) Bitcoin will make fast drop down to 42k and then will go up. Next important poin - for sellers is this price to low, so nobody want to sell his bitcoin for this price. Only the last retail trades are selling, because they usually sell low and buy high :) don't be like them, patience is the KEY!!!
COINBASE:BTCUSDLong
by UltimateCryptoTrader
2
BTCUSD Long, Knifecatch to 74kSorry for the lack of posts over the past two weeks, been busy w/ life. Anyways, I believe this downtrend is nearly over if we consider this recent correct market structure as a running flat . The only concern with this is that within the b-wave, its ascending triple Elliott wave has an overextended wave Z with a ~1.618 fib level rather than a 1.272 fib as stated on one of the guidelines according to Elliott wave forecast. But ignoring this, it perfectly fits within a running flat corrective wave. As of now, it seems like it'll end near the primary wave 0.382 fib level at ~54k. But we must hold 51k or else the entire market structure shifts bearish heading to sub 30k levels as it is an invalidation level for wave 3. The oscillator below, the BBWP (Bollinger Bands Width Percentile) is reading a close high of volatility at 90% atm. Going at or above 95 followed by a drop crossing under the associated MA (the white line) will signal the start of a consolidation phase . I didn't include it in this chart, but there is also a momentum bullish divergence on the 1 hour that growing has yet to be confirmed with a crossover of the zero line. Key levels: SUPPORT - Primary wave 0.382 fib at 54k - M CPR Pivot at 54k - 3 Month Value Area High at 51k - 3 Month PoC at 47k - Lower Parallel Channel at 53k RESISTANCE - Confluence of multiple monthly value areas at 59k - Monthly Value Area High at 65k - M CPR R1 at 66k - Long term trendline since March ATH at 67-68k - Intermediate wave 5 target at 74k - M CPR R2 at 78k INVALIDATION - Primary wave 3 0.5 fib at 51k There are more levels to look at on the chart if you are interested in long-term plays. I will post an interesting chart soon, so be on the lookout for it.
BITFINEX:BTCUSDLong
by linebands
3
VET BUY SIGNALBullish Divergence on multiple time frames and indicators. The MACD indicator makes a low and then a higher low – indicating that momentum is moving to the upside. At the same time price makes a low and then a lower low. The MACD indicator is a momentum indicator and is based upon average prices. When it starts moving upwards it is normally the case that price is also moving upwards. In this case, the MACD indicator is going upwards and the price is continuing to go downwards. This indicates that the market is oversold and therefore a correction is likely. Good Luck
BITFINEX:VETUSDLong
by BearManalow
4
COTI LONG BULLISH DIVERGENCE + PENNANT!Recently Coti made a new ATH and has been testing the range of its previous ath due to a bearish divergence formed, however all is in place for continuation. Looking at the chart we can see a bullish divergence has sowly formed leaving room for more growth. Coupled with the bullish pennant, a breakout will lead us to new All-time Highs. Enter with a stop below support and target first resistance(Green). You could extend targets to its aths if you wish.
Long
by RektMyMom
Paypal Bullish Shark Pattern at SupportWe might see a nice bounce from Paypal within the coming weeks but i don't expect new ATHs i expect a lower low then for it to come back down to make one final lower lower later on but for now i am quite decently Bullish as the MACD is showing Bullish Divergence, The RSI is Oversold, The price is at Old Resistance, and the Volume looks somewhat like a Selling Climax so lets atleast get a correction back up to the $200s then we can talk lower lows if it shows weakness there later.
NASDAQ:PYPLLong
by RizeSenpai
9
U.S. Dollar Index Bullish Divergence and US Economy Improvement here we can see DXY is showing a Bullish Divergence with MACD in Daily Time Frame as it is a regular divergence so it can be a sign of trend reversal and start of a rally to its previews higher points and resistances i have specified the Minimum retracement levels by Fibonacci retracement tool and the levels are combined with Price Action analysis. we can use this data to setup our positions in may forex instruments including EURUSD and GBPUSD etc... which can be interpreted as shorting them for swing and positional Trades i have also analyzed them so I will keep their links to the related ideas this analysis can help us to forecast many other Asset movements and US related economic factors please name few other uses of DXY in the Comments and let me know how can we relate this trend change with the current US Geopolitical issues and economic status??? and obviously the US election...
TVC:DXYLong
by BitonGroup
2