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Bullish Divergence

BNB Update Analysis!BNB UPDATE ANALYSIS! As you can see my yesterday prediction price about BNB. i suggest BNB will make falling wedge bullish pattern. But suddenly BNB drops the price until reach 570.1. But after the effect. I can see another bullish pattern that possibility appears on BNB H4 Timeframe chart. BNB now have possibility to create D.B.W bullish pattern. As you can see on stochasitic indicator. There will be make regular bullish divergence. So the stochastic and DBW pattern may be the reason behind BNB will goes on the bullush trend again. I also predicting that BNB bullish move 688.7 - 707.8 price range. Because there are 3 Fibbonaci cluster areas with the golden ratio converges in the area of ​​the price range. Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
by ivanderyoshua
ADAUSDT / ADABTC Long until end of November15minute length graph is the wrong one I have put ! Please look at the 5 hour length graph below ! sorry !!!! I see rsi (relative strength index) as the 1st differential of the price by time ! (let's study how rsi values are created later and see if my idea is right or wrong XD) The fundamental is that If I see the rsi going up where the price is going down or not going up, I buy !! But there are major conditions that I put on after this fundamental to confirm the bet. I don't buy something just because I saw the upwards divergence. I close the position with loss when the rsi value goes down too much that the upwards divergence has lost its shape. (I look at local minimal points of the price, trade volume of those points and whether rsi values of those points are going up) I hold until the point where I feel and examine that it is fair price aviation for that good upwards momentum we have been leveraging on. (I only do spot trade now, no leveraged bets. I mean I am leveraging on the upward force !) There are many minor details among this process, I can tell you if you want just let me know I might make a video of sh1tty quality of me trying to explain those stuff, but it's really just the fundamentals that the legends have been emphasizing quite much ! For example, in ADA USD or ADA USDT graph, you can find three lower apex prices in the 5-hour unit chart, they were impactful lower points in my eyes. However, I observed rsi values of those three points went up subsequent to the former ones. So I looked at every other hour unit graph and one extra rsi graph with different numbers for averaging tick bundle (length), and I confirmed to myself that the anabatic force is being applied, and I also felt that it isn't too weak to fail to support the anabatic energy, and also it isn't in short time interval either. So I made a speculation that the price would go up to around 2.821$ in usdt scale for binance chart, and that time will be roughly around 19th of November this year ! So from today, my plan is to hold on to ada for about 8 days ! I will close the position if the rsi anabatic divergence is interrupted with a bigger catabatic rsi change, but I wouldn't sell ada if that divergence is still there. In that I mean, even if the price of ada in usdt scale hits lower than 1.78$, I wouldn't actually close the position if the divergence hasn't been disturbed ! There are much more that I would love to talk about during this thought anabolism, I will tell you just one more principle during this process. It is about why I used binance usdt chart for feeling how ada is doing ! I mean, I could have used adakrw, adausd in coinbase, kraken, etc ... There are so many other counter-values or exchanges that forms a team. However, I have chosen binance usdt chart for ada for speculation, because I believed that it has the biggest volume among all the other, and I also believed that it will be harder for the bigger one to possess a bigger overpotential than the smaller one when it comes to the inertia of real price - shown price regression. Like, if you are to ask the answer to a question that your teacher has given you for homework, I would believe a friend who has a higher score on that major would have more tendency to answer it better than a friend who has a lower score ! Here it is just my playground and I am trying to have fun. I am happy to share my thought process, and you can share what you think, I'll be fine with it ! Here is ADABTC chart if you want to try applying my thought process just for fun ! BINANCE:ADAUSDT
Long
by ojs532
SLP bullish divergence on market cipher I was bullish on AXS and SAND months ago but it feels too risky and late to jump now on either of them. Whereas SLP bullish MC divergence is showing us that it might have already found a bottom at 0.06 and looks pretty much ready for a reversal to the upside. This could be a great opportunity to enter with a DCA or grid bot. Grid bot could range similarly to the long position shown in the chart. Even an infinity grid could work. The opportunity is a 500% upside vs a potential drop 50% so risk reward is 10 to 1, much more attractive than trading AXS but at the same much more risky. I will go with a position below 1% of the capital using a DCA bot.
Long
by TheTradingParrot
1
Colgate: bullish divergence + 1st higher lowWeekly: Price has hit support for the second time and although the divergence is not pure, it is kind of a bullish divergence, on MACD-H and EFI. Stochastic RSI is coming from an oversold condition and shows some movement in a positive direction. Also, -2 ATR is has been the outer stretch mostly and could indeed pull up to value zone Daily: Ticker has made up a good upmove already, will check intraday to see if it would give a better entry. There is a bullish divergence on MACD-H and EFI, and a first higher low acter that. The impulse has changed to blue and price has upshot since the decline, ending in the lower area of the value zone. Stochastic RSI is also showing a bullish divergence as well as macd lines. %K just crossed the %D line. I expect it to move a a possible higher high, and at least reaching the previous high. Entry: Around 75.5 But I will check after market open if we could find a better intraday entry. I will enter after market open. Target 1: 76.9 Target 2: 77.95 Stop: 74.15 R/R: 1.3 - 1.8
NYSE:CLLong
by Tornado_Trading
Is $34.59 the double bottom? Falling Wedge complete?I called $33 as the bottom and wait it until November 1st to see. But what I saw today price movement might suggest $34.59 is the double bottom. If it continues to dip to Monday. Then $33 is still in play. What I like to see is can AMC bounce back up to $38-$39 next week quickly and then break the $44 neckline to $53? I don't expect much price movement tomorrow. Although there are bullish divergence flashing on the hourly chart indicator suggest we will see more higher price movement tomorrow. Only time will tell. Until then I am chilling with AMC.
NYSE:AMC
by gojira91
3
Ethereum Set To Outperform BTC!!Checking out Ethereum vs Bitcoin on the daily timeframe we see a confirmed Bullish Divergence! This pattern signals a reversal coming ETH, we have been in a clear short term downtrend from the highs in the beginning of september and we are finally set to explode against BTC, pair this with Bitcoin dominance starting to slide we could be looking at a mega run for the altcoins! We are currently holding the 0.3 FIB level and we do have support from the bollinger bands midline right below the 0.3 FIB. Something else to take note of is we are pretty close to that top bollinger band and i think if we see a grab onto here we could be sent flying to upside taking out key resistance on the way! Any way you want to look at this bullish divergence it is very very clear, we have been seeing multiple lower highs on price action shown by the green trendlines, we have them from the beginning of september all the way until now! Now that we just got confirmation from the stoch RSI we are set for a massive breakout to the upside in a matter of time, The way you can find divergences is simply by seeing lower highs on price action or higher highs or higher lows or lower lows and then seeing the opposite on an oscillator, i personally like using the stoch RSI. Basically if you see a uptrend line on price action and a downtrend line on the oscillator or vise versa, but keep in mind there are different meanings for each divergence so that is up to you to find out which one you are seeing! Taking a look at the MACD we are seeing on the histogram yet another increase for our daily bar which is a good sign and shows growing bullish momentum, we want to see this continue for that reason, if we do see a decline a bearish cross looms but always remember there is a chance it is a fakeout and we could see a rebound with another bull cycle on the MACD, Notice the MA's we are seeing good separation with the blue continuing to push upwards and moving further away from the orange MA, we also want to see this continue to play out because it lessens the chance of a near term bearish cross and it also shows an increase with the bull momentum! We have many targets we could talk about but the main one for me that i will talk about in a later TA when we actually see a breakout is the highs we saw at the beginning of september, this reversal along with the grabbing of the top bollinger band could most definitely send us up that far but that will be for a later TA as we still have a ways to go! But things are starting to look very very good for ETH and the altcoins and i woulnd't be surprised if we saw a mega altseason coming up in the near future! Not financial advice just my opinion!
Long
by JacobR905