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Bullishreversal

Reversal? Waiting for BTC to show signs of a BULLISH REVERSAL. Currently - Looks like we're at the decision point of a V Bottom.. Waiting for the break out of the GREEN BOX If we break below this box, a potential double bottom reversal is in play, if we hold support on the 38.2% FIB RT. Just being completely honest -BTC is not giving me ANY clear signs it wants to break out.. so, if the V Bottom confirms, I will enter a small trade -but other than that, just waiting for some development and an eye on VOLUME. What are you all seeing? Am I missing something? Thanks for looking!
BYBIT:BTCUSD.P
by BitCapJNY
STRONG BULLISH REVERSAL? XRP/USD 2D MTFA ENGLISHNovice trader speculation. Use at your own risk. After some research, I discovered a useful combination of moving averages. I will leave the research to the traders, as it should be, but we may be looking at a bullish head and shoulders trading pattern forming on the 2D. As always, eyes on BTC for movement. LOGIC: -XRP and MoneyGram -Under-rated and underestimated cryptocurrency -Multi-ledger incoming -Cheap...currently That's all for today. I would love to keep pushing out ideas but school comes first. Again, I trade paper, and dabble in small amounts of crypto live trading. I am a novice and this is speculation and TA. I do this because I enjoy trading and I enjoy patterns...oh yeah, and profits. Live long and profit. -ZM
KRAKEN:XRPUSDLong
by Z3R0Matrix
1
EW Analysis: DASH Is Showing Bullish EvidencesHello traders! Today we will talk about cryptocurrencies, specifically DASH in which we potentially see the bottom and bullish reversal. Well, what we have noticed in the Crypto market is that we usually see some trend changes at the end of the year. Let's take Bitcoin for example; BTC topped at 20k at the end of 2017, then bottomed at 3k at the end of 2018 and now at the end of 2019, we may see another trend change, ideally to the upside after a complex corrective decline in the second half of 2019. Anyway, let's talk about Dash. Dash was not so strong like BTCUSD in the beginning of 2019, which has later, in the second half of 2019 caused bigger and much more impulsive decline back to 2018 lows, mainly because of BTC dominance, while BTCUSD was trading just in a corrective downtrend. But now, at the end of 2019 and in the beginning of 2020 seems like we may see a bullish reversal once again, so let's go through some evidences. The first evidence is that DASH might have completed a big five-wave decline from June 2019 highs. The second evidence is that DASH formed a big an ending diagonal (wedge pattern) into the final wave 5. And the third, the most important evidence is that we can see a five-wave bullish turn from the 38.00 psychological target level, which confirms more upside at least for wave "c"or "iii" after pullback in wave "b" or "ii". That being said, we believe that DASH can see at least a bigger recovery in three waves towards 80 area, but there's also a high probability that we may see even higher prices towards within wave "iii" this year. Be humble and trade smart! If you like what we do, please like and share the idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BITTREX:DASHUSDEducation
by ew-forecast
2
BTCUSD 8/31/19 Possible Bullish ReversalThe market is showing signs of a possible bullish reversal of the current downward trend. The volume in the market isn’t supporting further downward motion and prices looks like it’s going to rebound. Looking at candlestick patterns on the daily chart we have tweezer bottoms and a spinning top formations that are both reversal patterns.If we add in the Bollinger Band indicator we see that we are near the bottom of the band and there is not enough volume to allow for a further breakout in price below. Next price actions that would validate a bullish reversal would be for the daily to close above the 100 EMA followed by closing above 10,000 and then being able to break through and close above a band of resistance from 10,000 to 10,400 taking out the new monthly pivot point.
COINBASE:BTCUSDLong
by TechnoAnalyst
ZIL/BTC -> Novice Three Candle Bullish Reversal PredictionA Dragonfly Doji seems to be in the makings for ZIL/BTC. This bullish three candle reversal needs the next day's candle to confirm as bullish as well to prove the subsiding sell pressure. If confirmed as a reversal, first target would be ~381 sats. Next target would be ~430 sats met by resistance that has already been tested once so the rejection off of it (if any) won't bounce as hard as it did April 19-23. Invalidated with April 25 1D candle closing bearish.
Long
by Hrempe
Medium Term Buy on FirstSource Solutions Ltd.FirstSource Solutions Ltd. is Buy with a target of Rs. 66 and Stop Loss placed at Rs. 42. On Technical Charts FSL has created double bottom at 46-47 levels with hammer and one white soldier pattern and follow up buying also confirmed its bullish reversal. So one can buy FSL at current levels with stop loss suggested for a period of 3-4 months of positional call. If anyone interested in more such fundamental and technical calls please visit our website wp.me
NSE:FSLLong
by VivekAggarwal
FLO BTC Momentum AnalysisFLO BTC is showing a shift in momentum, as it broke out of the final leg of the decending fibonacci fan, signalling bearish exhaustion in December 2018. We also saw a double bottom formation in this area, flowed by a bullish reversal. As the momentum has now shifted i expect the bullish trend to continue, though we may see a correction on the smaller timeframes subject to the volitility swings of bitcoin and the crypto market as a whole. My perspective on this is that, if FLO BTC can break above the 2000 satoshi level, then the chances of it reaching the higher fibonacci levels would greatly increase. However, entering a long position at the current price, 1850 satoshis, could be risky due to this area being a resistance zone, with the support levels located below at 1400, 1100 and 1000 satoshis. It is at these levels, I would look for a bullish candle, on the local timeframe, to enter a long position. Not an expert, not financial advice. Biffy.
by Biffy
Ether Indicating Bullish ReversalThe price has recently entered a support zone. It successfully bounced from its lower bound at $199.50 and it looks like buyers will push the price well above next $200 support. Fib retracement of the recent bounce is also at $200, which indicates that it is an EXTREMELY important pivot level. There is also a nice bullish trend line, which will meet with support lines in about 24h. Resistances are mostly supports-turned-resistances from before the move on Oct 18. They are a must to break in order to push the price higher. On the downside, a drop bellow $200 is followed by an immediate support at $199.50 and a bullish trend line. Below this Ether will be put in a lot of insecurities. There are also some trend lines formed on the daily chart of ETHUSD . The price is currently approaching the first bearish trend line at ~$203, that will probably be a smaller hurdle for buyers. Next two trend lines form a triangle with an end near extended end of the smaller bearish trend line. Why I'm going long on this one? The first thing is because of that large red candle with a long wick on the downside, which could indicate that sellers aren't is such power as we thought after all. This candle is almost immediately followed by two inverted hammers, which indicate a bullish reversal. The second reason is because of all overlapping supports. There are two supports right next to each other and a bullish trend line is approaching them. So therefore they will be a huge hurdle fro sellers to break.The price is currently above $200 and a daily close above it could open many doors for upward moves. Resistances and the smaller bearish trend line on a daily chart are also all currently in a space of $1, but you can see many upward wicks entered resistance zone yesterday. This could mean that sellers have some struggles keeping them. So I think buyers can get enough strength to start a fresh upward move.
BITFINEX:ETHUSDLong
by tthuma
Bullish 3 Drive reversal pattern taking us further down?Caveat, I am not great at this but i love throwing numbers at the wall and hoping a bullseye appears behind them later. At least I admit that :) TLDR; 51 day periods in downward price movements, only 19 days into a 51 day period. Consolidation has happened at that 18 day point in each cycle so far. Price should bottom in about a month. My pick for bottom 5150-5185 but it could go lower without invalidating the pattern, but we are going to at least 5200. The absolute lowest before this pattern is invalid will be 4000-4100 Detail: So, i had seen taylor.renny post a chart showing the 51 days between each high and when price turned back up for the next move up. So I had a closer look and noticed that there was also a little pullback or consolidation at exactly the 18 day point of each 51 day period so far. This 51 day period that we are in now, if it is another 51 day period was day 18 yesterday (AU time) when the market rallied. I have also drawn out what is a very clean Bullish 3 Drive Pattern in harmonic pattern. The 51 day period finishes on September 13 but the end of the periods mark the confirmed reversal, not bottom. This pattern completes and bottoms a bit earlier, probably September 11 (ancient astronaut theorists.... say yes. conspiracy nuts can have this one) and bottom should be 5150-5185 (5183.5) (yeh why not go precise, if it hits it will be fun, if it doesn't, nothing new haha). I am struggling to find any concrete targets for the completion of such a pattern however .61 and .78 are what are suggested in the only reliable resource I found that referenced targets, the "Better know an Indicator" series by Youtube sensation IAmSatoshi . This gives us targets of 8726 and 9700. Probably around 4 and 6 weeks after bottom. That is if we follow roughly the same gradient in that price movement as we have done so far in this pattern, meaning around the 13th and 25th of October. The alternative that sees us go to 4000-4100 is not as neatly measured and not as "harmonic""
BITFINEX:BTCUSD
by gummybadger
BTC: One Falling Wedge Already Broken to the UpsideBTC has already broken up out of one falling wedge and is looking to test the top of the bigger one everyone has been posting about. Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI on higher timeframes is showing bullish divergence. This coupled with the fact that dumps have been getting shorter and shorter points to a potential bullish reversal soon.
BITFINEX:BTCUSDLong
by serekamina
Bullish Divergence on 4H BTC ChartHello my fellow traders, as it looks like it might just break out at any moment let's jump right into this idea. Up top is the 4H BITMEX BXBT chart where we are clearly seeing lower lows (in green) yet the RSI, Stoch and MACD are making higher lows (in green) indicating potential bullish divergence. This pattern is to be traded upon successful close above the yellow dotted line which would be the resistance level. *For educational purposes only. NOT financial advice.*
BITMEX:BXBTLong
by stackit
1
[LTC-USD]DIPS-BULLISH REVERSAL IMMINENTLTC may be dipping down slightly more, attempting to finish its final correction leg at C. Then starting a new Elliot wave cycle. Bouncing back up between the 38.20 and 61.80 Fib Retracement level at 1. It continues to struggle to break the $155 price mark, and hopefully on this 2nd wave it will push through that, making its way to $160 as predicted! 24 hr volume is $347,774,000 USD ...Overall since April 11th, for about 10 days, the OBV- On Balance Volume shows increasing buying volume. Taking a halt on April 21st, then leveling out for about 10 days or so as well. We need to see the OBV rise steadily again. LTC is staying 14 dollars above the 200 MA level. Decisively, in between the 50-100 MA seems to be the middle ground consolidation range for the next few days on LTC. If it breaks down and thru the heavy support of $141, then it will spell struggling trouble for LTC. Watch BTC since LTC does not run independently on its own! Special Note: A falling wedge as you see on this TA indicates a Bullish Reversal Overall. I believe the price of LTC will bounce back up. PS: This is not financial advice and only for education purposes. Perform your own TA! If you learned even one thing, then like my TA and follow me to support my channel. Thanks CryptoBuzzAnalyst
BITFINEX:LTCUSDLong
by CryptoBuzzAnalyst
6