Get started

Hidden Bullish RSI Divergence

ADA and ADA.D and crazy targetsADA has had an extraordinarily good last 5 days and we are going into the weekend before the weekly candle closes so a lot of the observations on the chart are still pending. This post is just another iteration of my volatility and momentum system that I have developed over the last couple of years. Just grinding what works for me. The Thumbs up are what has flipped bullish and needs to be maintained till the weekly close. The question marks are what still need to develop and are unlikely to develop this period. Getting everything to be thumbs up on the weekly can get us a high probability impulse. Last time we went from 15c to over $2 before the weekly VSTOP flipped. We can outdo that this impulse. The chart below Using the double ichimoku clouds for trends and volatility we can see price action has popped above the kijun (crypto) settings and both clouds are bullish. This is a very good place to be if you are long. The On Balance Volume EMAs are getting themselves stacked bullish once again with OBV above the 10 EMA, which is above the 20, which is above the 100. There is not a lot of detail to the monthly chart but it is clear that no component of my system flipped bearish on this time frame while other top coins did. That puts ADA as a leader. I am not going to give you a powerpoint of death, but ADA is bullish on the daily, 3d and monthly according to my system. It just needs to get the weekly sorted out and I believe that has a high chance of happening. The chart on Ada Dominance is extraordinarily bullish. It may go x3 in 2022 in a bull market which suggest massive gains for ADAUSD. The rising wedge does appear to converge on the 1.618 level and generally that predicts a breakdown to the bottom of the wedge. In blow off tops you can see price action pop out the top of a rising wedge before reversing in dramatic fashion. This will be a chart to watch. Here is my crazy bull market scenario. I have seen enough movements assets to reach the 2 line that I think this has a higher chance of occurring than most people would initially accept. Have a look at TSLA. It consolidated for 6 years and then has gone up to the 3 line and might take out the 4 line on the next upleg. Absolutely crazy target. If you said that TSLA could be at 715 when it was at 50 (accounting for the split) and you thought 1400 was a target people would have called you mad. But a few years later here we are. And ADA has a lower market cap and a faster market cycle. Here is Bitcoin with a fib log channel from 2015 when it was under $200. That 1.618 line has been very predictive of stalls and tops. The 1 line was very powerful as support. I think we will see BTCUSD approach the 2 line, very easily. All that suggest to me that my ADA target is crazy, but doable. My plan? Look for pull backs to buy on the 12h or daily on heiken ashi candles and use those to add to my position and set stop losses. If price is above the clouds and above the 50 period and we go from red to green and get some shadow less candles it is time to look for an impulse. I hope to let my winners run and so I will be doing more of trailing my stops up than taking profits unless we are at a serious level on the fib log channel.
BINANCE:ADAUSDLong
by This_Guhy
12
SAND - A continuing Idea - Is it ready to go up?Hello traders, happy hump day! :D This idea is stemming from the related idea I have linked. I think SAND has entered and started it's reversal from BEAR to BULL. There is still a bit of support on the bottom though, down to .59. I do admit, it could be slightly early, but I am going with my gut this time because the last couple of days I have decided to just stay. I missed out on a few like AXS because I hesitated. It's possible SAND doesn't even rally that high, and BTC and ETH's impending doom to ~$20k might invalidate this.
Long
by Erialos
2
Potential Cup With Handle on WeeklyIf we can get a green weekly candle close on the HA candlesticks between the .618 and .886 then i will expect that we will run up to test resistance once more and if broken we will see quite a run up. But if we just break down through all of our fib levels without showing and hint of bullishness on the weekly then we will likely crash down all the way to our old support level at 14 dollars, So look out for any bullish weekly candle closes on the HA sticks for a long entry and look out for a break below the $22-$21 area for a bearish move all the way down to 14 dollars.
TVC:SILVERLong
by RizeSenpai
2
EURUSD July 14th Daily AnalysisPrice currently in Monthly range zone 1.18206 - 1.22313. Daily RSI shows Bearish Divergence & Hidden Bullish Divergence. Bearish Divergence is when price made reversal from top of zone to bottom. The hidden Bullish Divergence has been slowly getting created. The marked circles are hidden bullish divergence which means trend continuation to upside. There has been a reversal pattern formed on 4H. You can view pattern in my link to related ideas. Waiting for breakout of pattern.
Long
by JasonFosterII
Hidden Bullish Divergence BTC - Buy any dips major or smallA lot lining up speaking to a short to mid term recovery in BTC and possibly what could feed into a 2013 style double pump rally. MACD histogram crossed over and trending higher for first time since bearish move under. RSI and Stochastic both calling BS on BTC's price trend lower. Sentiment turning bearish and Saylor still has plenty of fire power. Call bullshit on any moves lower over the coming days but keep a bit of cash handy incase Bitfinex whales can flip momentum but it's more likely we see higher prices to kick off August.
COINBASE:BTCUSDLong
by SeanBronato
1
Link/USD Rising wedge backtest + hidden bullish divergenceChainlink is looking pretty interesting as it has broken out of a rising wedge and is back testing the resistance as support. We also have support coming in from the previous high of 2020. There is also a hidden bullish divergence playing out on the MACD indicating a possible move towards the upside if BTC doesn't take a big shit that is. The $18 area is a pretty solid entry imo and I have also placed out targets according to fib levels. Good luck traders!
COINBASE:LINKUSDLong
by SpaceBlobb
Gold analysis : will It Decrease or not?Hi every one GOLD GOLD is in a symmetrical triangle right now which means that the price can range between this pattern's lines before a break out can happen. as you can see the price is now on the bottom line,there is a good chance that the price would Increase from this point because there are Hidden Bullish Divergences on Both MACD and RSI which are great Bullish signs! how ever after the break out happens (Downward or Upward ) we can be sure what is gonna happen to Gold ! If the downward break out happens the price would fall to the support (shown in the picture) and If the bearish movement continues the chance of reaching the strong support which is shown In the picture is pretty high! we just have to wait for break out to happen! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
TVC:GOLD
by CobraVanguard
18
Quickpost ETHBTC Bull Trap is inThere is a lot on the log chart so lets look at the target setting on the standard chart. The implications for this are pretty bad, if ETHBTC dips then probably both ETH and BTC will be going down, and ETH faster than BTC. Alts and shitcoins more volatile than ETH will go down even faster than eth. I am personally using this chart as confluence to short an alt I like to work with. The head and ETHBTC neckline is now acting as resistance. Potentially disastrous for the broader crypto market. Stops should be easy to set for anyone with the basics of setting stops (not shown due to quickpost and having to get the kiddos to bed).
Short
by This_Guhy
6
(update) XLM/USDT broadening wedge is still reliable!Hi every one STELLAR / TETHERUS this is only an update on XLM/USDT situation as you can see the XLM has not broken out of the broadening wedge and just touched the bottom line of this pattern but there are Hidden bullish divergences on MACD and RSI indicators now so this means the price has bigger chance to increase from this point rather than decreasing! Previous Analysis 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
Long
by CobraVanguard
11
Strong bullish signHi crypto traders, Close all your social media crypto related and come back in 2 months. Don’t get emotionally distracted by all that noise from “influencers” and crypto press. The charts tell all the story! TA: on the weekly chart, we have formed a hidden bullish divergence, which it shows that we have bottomed for now. This specific divergence is when the RSI creates new lows (momentum & sentiment) but the price doesn’t follow, which it shows interest and bullishness among the traders. Stay safe!
Long
by DEFI-trader
2