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Divergence

Divergence spotted, expect reversal. Potential +800% profit.Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment. Moreover, recent price action has shown signs of reversal, further supporting the notion of an upcoming bull run. This reversal is expected to continue its momentum, potentially driving prices higher over time. For traders considering entry into this market, the current price stands at 0.07180, presenting an opportune moment to initiate positions. Additionally, setting clear targets can help manage expectations and guide trading strategies. The following targets are suggested: Target-1: 0.13108 Target-2: 0.19075 Target-3: 0.33982 Target-4: 0.45786 Target-5: 0.51000 Target-6: 0.61245 Target-7: 0.69199 It's crucial to implement risk management techniques to protect capital. A suggested stop loss level is at 0.03701, which can help limit potential losses in case the trade does not unfold as anticipated. Considering these factors, this trade opportunity presents a favorable long-term prospect with the potential for substantial gains. Traders are encouraged to conduct thorough analysis and assess their risk tolerance before making any investment decisions. Should you have any further questions or require additional information, please feel free to reach out. Regards,
Long
by VectorAlgo
5
Double Bottom CONFIRMED! - EGHere I have EUR/GBP on the 1 Hr Chart! Price had made two very equal lows on the chart but closer look on the RSI indicator and you can see Price really is losing is Bearish influence and is looking to possibly go Bullish!! This strong reversal pattern called a Double Bottom makes me believe we could see Price push Higher after it broke out CONFIRMATION of Pattern @ .85424 and has come back to test and is already showing signs of finding possible Support @ Confirmation! INVALIDATION of Pattern @ .85289 First Target Range is .85535 - .85593 Second Target Range is .85687 - .85745
Long
by Novi_Fibonacci
NASDAQ: Bearish - Ascending Wedge + ROC DivergenceNASDAQ: Bearish - Ascending Wedge + ROC Divergence Ascending Wedge Detected on the Nasdaq The trend is bullish, but there is a big divergence with the ROC (Rate Of Change) which gives you the speed of the Momentum of the asset. A break of the bearish trend line of the ascending wedge would cause the Nasdaq to fall around 17158 - the support zone detected by the Wolf of Zurich is between 16160 and 15675 Monitor the 50 and 200 exponential moving averages Be careful and happy trading everyone.
CAPITALCOM:US100Short
by Le-Loup-de-Zurich
Middle Road for UCADHere we have USD/CAD on the Daily Chart! Down on the 4Hr Chart, Price is Bouncing-Up off of the Rising Trendline I have on the chart but with each bounce, buyers seem to be losing strength! Zoom out to the Daily Chart, it looks like UCAD is in a bigger scale Consolidation with price right in the Middle Road! My bias on this pair is Bearish given that we are seeing a Slight Divergence in the RSI with our Peaks falling lower and our Dips dropping further pushing a Bearish Narrative. Oil has been on the rise and that also has me siding with CAD seeing as how Canada is the 4th Largest Producer of oil globally and if prices of Oil keep rising, we can expect UCAD to keep moving lower! If we can get a Valid Break and Close of this Rising Trendline, I believe we will see price break down through the Local Support to test the Lower Support Level. Fundamentally this week: USD - CPI (Tue) Retail Sales, Unemployment, Empire State Manu. Index (Thu), PPI (Fri) CAD - Clear
Short
by Novi_Fibonacci
CRV is showing Clear Divergence +1100% Profit Potential--------------------------------------------------------------- Description --------------------------------------------------------------- + The analysis reveals a clear RSI bullish divergence, signaling an imminent reversal in price dynamics. This divergence pattern often precedes a significant uptrend, suggesting that a rebound is on the horizon. Investors keen on technical indicators would find this development particularly noteworthy, as it hints at a shift in market sentiment towards bullishness. + The prospect of a substantial profit of 1100% without the need for leverage underscores the attractiveness of the impending price recovery. Such a potential windfall without leveraging positions speaks volumes about the strength of the anticipated uptrend. It presents an opportunity for traders to capitalize on the market's natural movements without taking on additional risk through leverage, a strategy that aligns with conservative yet profitable trading approaches. + At present, the asset's price finds itself comfortably nestled within a supportive price zone. This zone, historically significant in providing a floor for price movements, serves as a solid foundation for the anticipated bounce-back. Market participants monitoring this zone with keen interest anticipate a swift turnaround, driven by both technical indicators and historical price behavior. This expectation adds weight to the likelihood of a bullish resurgence in the near future. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.3973 - 0.4797 Stop Loss: 0.3696 ------------------------------ Targets 1: 0.7353 Targets 2: 1.1190 Targets 3: 1.5840 Targets 4: 2.1276 Targets 5: 3.1282 Targets 6: 4.6582 Targets 7: 6.7875 ------------------------------ Timeframe: 1W Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
5
🔥 ACH is Heating Up! Catch the Bullish Vibes 📈Yo Crypto Fam! 🤟 Get ready to amp up your crypto game because ACH is on fire right now! 🚀 I've been vibing with the charts and guess what? There's some serious bullish divergence popping off, and it's all kinds of lit. 🌟 What's the Deal with ACH? 🤔 Alchemy Pay, isn't just another crypto token; it's the bridge between fiat and crypto, making digital payments smooth AF. 💸 Whether you're buying your daily coffee ☕ or snagging some cool merch online 🛍️, ACH is all about making those transactions seamless. 1️⃣ Crypto Meets Fiat 🌍: ACH is all about bridging that gap between digital currencies and everyday fiat money. Making crypto spending as easy as buying a latte! 💸 2️⃣ Global Reach 🌎: ACH is expanding like crazy, getting more peeps around the globe to hop on the crypto train. The more, the merrier, right? 3️⃣ Tech That Rocks 🎸: With Alchemy Pay, it's all about smooth, secure transactions. They're bringing the tech that makes spending your crypto as easy as sending a text! 💫 What's the Deal with the Bullish Signs? 🐂 That bullish momentum and divergence? It's like the market's secret handshake, telling us ACH might just be gearing up for a major leap. Keep your eyes peeled 'cause things are about to get lit! 🔍🔥 Stay Tuned for ACH! 📡👟 If you're all about catching the next big wave in crypto, Alchemy Pay is where it's at. With this bullish vibe, who knows how high ACH can go? 🚀🌙 #AlchemyPay #ACH #CryptoVibes #BullishMomentum #NextBigThing 🌐🎯🚀🔥
CRYPTO:ACHUSDLong
by VVVDestroyer
Will SPWR shine in 2024?Hello everyone i want share my idea about SPWR (SunPower Corporation) In 2023 we had pretty bullish stock price actions which i can't tell about SunPower Corporation. How SunPower Corporation work? they have loans for 5-10 years, when they have contracts with low rates and government starting to rise rates their work goes bad and their stock prices falling but when rates are low their work going well and more investor make investment. In my opinion 2024 year will be not great for stock market and the reason is, dollar strong movement start of 2024 and possibility to continue this trend all 2024 year is high. i have idea why i think stock market crash in 2024 which will be linked in this post. If we look at SunPower Corporation with technical we have big divergence at weekly MACD. Trend at chart is bearish in 2023 but oscillator shows it bullish and this is why i think good investment in this stock. If i have reason stock market crash, if i have reason rate cuts and if technically accept it then i will make investment at lowest price which is perfect for now.
SLong
by elmakacho
1
⚠️BTC Market Cycle | Repetitive and Predictable Market Cycle.Hi COINEX:BTCUSDT ✅Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️r espectfully ✌️share if you have a different opinion from me or other analysts). ➡️ Chart is speaking itself. According to the theory of Elliott waves, Bitcoin seems to have completed five impulse waves is now starting to form new corrective waves. -So far we are repeating ABC correction cycle Scenario? -Same RSI & MACD Divergence🔻 -Same rejection off the Major Resistance🔻 -The price has now completed wave A and is now creating wave B . The price can go up to 49K to complete wave B. - Resistance Zone(49K-$51k) & Support Zone(39k) -Bitcoin has been moving in an Ascending Channel for more than a year, and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
10