Hidden and Classic Bullish Divergence: Falling Wedge BreakoutWe could see it retrace up to the 618 or even higher from here.
Hidden Bullish RSI Divergence
SE- My international E-Commerce playLast year, SE turned cash flow positive and posted the triple digit revenue growth quarter after quarter. It is a digital entertainment/gaming + E-commerce + Fintech all in one company and is turning into a behemoth in south east asia.
In addition, SE was a favorite buy for several top hedge funds in Q4 2020.
It seems like we will see some weak rally tomorrow as the bottom-buying pressure seems to have waned compared to previous occasions in which buyers showed up almost immediately as soon as the price touched the bottom of the long-term trend. Not saying the trend will be broken, but it's likely that we will see a brief consolidation first, then another swing low before the reversal happens. Nonetheless, I will buy the dip tomorrow and aim to fill the remaining of my positional size inside the demand zone.
Not the investment advice. Just my two cents
USOIL might decrease (or not?)Hi very one
This is the USOIL chart which shows us that the chart has formed a triple top pattern (shown in the picture) which you might think that the price will decrease but please note that there are two divergences which makes us think otherwise!
So there can be two scenarios:
1. The price breaks the support line and will decrease due to the regular bearish divergence (-RD)
and the triple top pattern!
2. The price can't break the support line and will obey the hidden bullish divergence (+HD)
and ignores the triple top pattern as well.
You just have to wait for the breaking of the support line which will happen in short time after that we can make deals with more assurance!
Complex Inverted Head & Shoulders with Hidden Bullish DivergenceI'm pretty sure many of you know about the plans many people have for silver at the moment but here i am to provide a chart that could explain in a technical way why silver may rise up.
We have hidden Bullish divergence on the daily time frame on both the RSI and MACD and we look to have formed some sort of complex inverted head and shoulders pattern a breakout above the resistance that i shaded in grey could take us to atleast 36 dollars.
This may also relate to my previous chart from weeks ago where i stated that i was bullish on gold, I will leave my gold chart under the related links section.
BTC.D Looks ready to beggar altcoinsThe chart is pretty simple and most the details are already on the main chart. Triangles are some of the easiest patterns to recognize and some of the worst at meeting full performance and are the most likely to bust if they are not nested in a larger macro structure. The pattern recognition is easy, we have three alternating points of support and resistance. Due to the size of this ascending triangle there is no larger structure.
At the blue 3 we see that BTC.D is at double support, both the top of the channel and the rising support of the triangle. Triangles are the most likely to bust but since we are at double support I feel we have a good chance of increasing our odds to the upside. Target area is of between the 0.618 and 0.786 fib extension levels but there may be the basic price action behaviors, such as going to a fib extension and pulling back to retest the neckline as support.
A zoom in of the channel with the nine season's rainbow shows we are getting some basing behavior as determined by the indicator showing blue. The light red indicates selling is relatively weak. Read up on the indicator here:
The standard indicators are showing a massive amount of hidden bullish divergence on the daily. which is a great place to be if we are forecasting BTC.D will go up. MACD very likely to have a bullish cross and the histogram is divergent to price. Generally speaking, if RSI hits over-sold on the daily with hidden bullish divergence there is a strong chance that there will be a move to the upside.
Below are the times that btc.d went up while the price of bitcoin actually traded down. Which means that quite simply the alts sold of at a higher rate than bitcoin. It does not necessarily suggest that BTC was used as a store of value because they could have been tethering up or going into fiat. This chart is therefore tagged long only for BTC.D and cannot be used to suggest BTC will go up or down at this time.
In conclusion:
The chart is suggesting we should stay away from trading alts long in the short term. We might even need to stay away from trading BTC long depending on if BTC.D and BTCUSD diverge from one another again. This is a chart to keep an eye on.
EUR/AUD bullish movement in a descending triangle?Hello every one
EURO / AUSTRALIAN DOLLAR
the EUR/AUD has formed a descending triangle which means that the price would decrease but MACD shows that there is a hidden bullish divergence(+HD) which means that the price must increase according to MACD!
as we know the oscillators show the future of the market so bullish movement for EUR/AUD is more reliable.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
Weekly Hidden Bullish Divergence: Bullish Price Continuation.We have a huge amount of Weekly MACD Hidden Bullish Divergence and small amount of it on the RSI
There's also a small amount of Classic Bullish Divergence on the Daily as seen here:
I expect that we will eventually break the downward trending line and bust out to new highs; Possibly up to as high as $135
Classic and Hidden Bullish Divergence on the WeeklyWe have some bullish divergences near the bottom of a range here
while I don't know much about this coin, when i saw the price action the chart i just couldn't ignore it.
If it breaks above the line a of resistance, this coin could take off.
Bullish Targets would be at the 0.618 retrace though we may encounter some trouble at the 0.382 first; If we get any price action below this range then i will no longer be interested.
LINKBTC POSSIBLE HIDDEN BULL DIV ON MONTHLYTHis is getting confirmed tonight,
I think this is super bullish should see a pivot much higher in BTC!!!
ADA/USDT Will increase in the coming days!Hi every one
Cardano / US Dollar
As you can see, the price is inside the broadening wedge and the price can go up to point E .
The { Hidden Bullish divergence } indicates a price increase, Remember that oscillators show the future of the market.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
DOT 4h Hidden bullish divergenceHidden bullish divergence in the dot 4h, buy on breakout, stop loss below support.
AUD/NZD expected to IncreaseHi every one
AUSTRALIAN DOLLAR / NEW ZEALAND DOLLAR
chart is speaking it self!!
As you can see, the neckline is broken. And the price can go up to the measured movements,
and bullish Hidden divergence{+HD} indicates a price increase.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
BTCUSDT 1D chart Buying Opportunity1D chart Bullish flag formation
1D Hidden Bulish divergence with MACD
Bullish Scenario for Blow-off Parabolic: Three Drives to TopPrevious tops characterized by parabolic surge with extreme overbought RSI (arrows). This is the Third Drive; expect another parabolic blowout, followed by an extreme Bearish reaction. This final move will complete a Nenstar pattern and likely usher in a Bear Market for 2021.
A measured move from 3230 -> 3630 of 400 pips, extended to upper TL formed by previous tops, yields price 4K.
This move could occur rapidly, over 7-10 trading sessions in December, as we saw in the two prior moves, look when RSI moved from high to extreme overbought, takes about a week.
NB: Time from 30 June ending ABC correction to next top: 64 days; from 30 October projects rally ending ~> 3 Jan
This is a rosy scenario priced for perfection. Printing free money will be the catalyst. Failure in Congress will result in rollover.
I do not advise going long here; risk is extreme! Rather, this idea suggests when shorts might come into play.
Shorting this trend is also extremely risky. Calling tops is worse than fishing for bottoms IMO!
ANYTHING can happen now; trade safe FGS!!!
As always, this is not advice, just another crackpot idea. Trade at your own risk; GLTA!
Weekly Hidden Bullish Divergence at a 78.6 Retrace.Last week we closed bullishly after bouncing off the 200 week SMA and staying above the 786 retrace, we are showing Hidden Bullish Divergence I think this looks to have potential to be a Bullish Gartley i will put my stop somewhere below the 200 week SMA and as for profit taking targets we're going all the way!
PLTR- More than just data analytics companyPLTR's narrative and story align well with the overarching theme and development of big data, AI, deep analytics and cybersecurity.
Yes, it is a story-driven stock and it is clearly overvalued. However, I'm betting on its long-term potential and am willing to take a risk by market buy 1/2 of the positional size and put in the rest on the retracement as I think the short-term bottom is already in.
Stop loss placed below $20
DYOR. Not the investment advice.
$RYCEY Beginning of an uptrend$Rycey higher highs on the daily. Mac D crossing. Volume increasing. RSI trending up. So many bullish signs for a break out
Weekly Hidden Bullish Divergence Breakout. 62% pump possible.Ebay is looking like it wants to begin a new wave of upside with it's measured move taking us to the 2.618 Fib extension..
$aapl - descending broadening wedgecan go either way, but seeing hidden bullish divergence... so the higher high trend may continue.
bullish on a break past the dotted purple trend line, bearish with a rejection of the dotted purple trend line & break below dashed orange line
Vet/usd bullish continuation patternQuick vet update: it looks to have formed a hidden bullish divergence on the four hour meaning continuation likely. I still like my .022 target for now. Good luck y’all!
