$44-44.3k Price Target for Bitcoin!Good Morning Traders!
As you can see on the 4HR of Bitcoin (BTC). The price action has formed lower highs and slowing lower lows symptom of a falling wedge. The red histograms on the MACD are also showing signs of a potential convergence on the 4HR. I am confident if this pattern confirms that the target will be $44-44.3k! Set a TP for the target if entering a long position.
Safe Trading,
-Pulkanator
Macddivergence
REN - The Bullish Sequence ✨In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place.
We saw:
1. MACD divergence
2. Trendline Breakout
3. Double Bottom
4. BULLRUN
We are now seeing a very similar sequence of events happening. So far we can see:
1. MACD divergence
2. Trendline Breakout
We are yet to see Double Bottom and the BULLRUN.
Trade Idea:
- Watch for price to retrace back to the double bottom
- Enter with stops below the lows
- Hold on tight for another bullrun!
It is quite possible that we may not come down to the double bottom. Incase we don't, look for lower timeframe bullish corrections to enter.
Goodluck!
Short $NIO $29.30Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.
EURNZDHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
we see an ending channel and the price reaches the upper line of the parallel channel, at the same time, we see a divergence between the price and MACD oscillator.
Byers weakness is obvious and I expect bearish outlook for EURNZD.
Wish bag holders this our week, let us all unite!1. Wish showing some stability around $2.50
2. Possible short covering to make up for losses in other positions by the shorts acting as a floor
3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q
4. CEO must be announced upcoming week or the next
5. Technicals looking good with multiple divergences
6. Still waiting for institutions positions update
7. Beginning to see some improvements on the platform , shipping times getting better.
8. Interest rate hikes (problem if wish wants to raise more money) BUT has no debt and looking to break even.
9. If there is a buyout i would expect at least at 3-4x sales meaning $8-$10
10. Hold your bags tight! we are all in this together! Do not let wallstreet steal your stocks. Worst case we are all wrong! it happens, we will study what we did wrong learn from it and move on! investing does not end with one bad decision there is always room for improvement, never give up! Best case the price will tell!
Divergence at the top of the channelHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
Others dominance shows people inclination to buy large Cap coins like BTC or other smaller cap coins.
the price is moving in the parallel channel for 6 months. this is a valid and reliable channel.
the price reaches the upper line of the ascending channel and at this time, we see a Divergence between price and MACD . A downside trend of the price is more probable.
please note the image below. It is the 1H time frame and we see the price breaks down the trend line and this is our trigger to know the price is probably in the down trend.
Conclusion:
we expect that the ratio of bitcoin to other smaller cap coins is in the down trend. that means if you want to buy, it is better to buy bitcoin and if you want to sell (short), it is better to sell small cap coins.
combination of channel and divergence: update 1Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
EURGBP :
my last analysis is here:
the price reached the lower bond of the parallel channel at the same time, it entered a strong support zone . Also, we see a divergence between MACD and the price.
My trigger for this trade was the short term trendline breakout and the trigger activated.
My target is resistant zone that shown on the chart.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Divergence along with a good patternHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
XLMUSDT :
Possible elliot count was shown in the chart.
please note that at wave 5 we have an ending pattern with a divergence between the price and MACD oscillator.
the evidence support an idea of possible upside short term trend.
the price breaks the ending pattern and triggers the long position.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
OIL: bearish outlookBefore we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
first:
The crude oil price reaches the upper line of parallel channel. the zone is good for selling.
second:
we see a divergence between the price and MACD at the top of the channel.
third:
a harmonic pattern could be seen. that may be a bearish bat pattern and D point may go higher to 0.886 but the price could reverse from now because of time analysis (fourth section)
the 127% level that is shown in the chart is the projection of AB from point C. (I do not want to crowd the chart but I want to show a cluster of Fibonacci level at this price.)
forth:
next high swing could be find from time analysis using X point and B point. (FIB ratio to find next high swing)
I expect bearish outlook for crude oil.
AT&T Bearish DivergenceThere's a bearish MACD Divergence on the AT&T daily chart. And to confirm this signal: RSI hasn't been in the overbought area for a while - but now it is.
Looking at the MACD, we see that MACD and the Signal Line are still moving in the same direction - to indicate a trend reversal we would need to see the MACD cross the signal line from above - so there's no bearish signal yet - BUT - the MACD histogram shows two hills with the second one (the newer one) being not that big as the first one. This might indicate that the price will still rise a bit to the resistance at 27.06 (R2) and then - after MACD crossed the Signal Line - it will fall to the monthly Pivot Point at 23.93.
Usually, the Pivot Points get touched by the price in the current or in one of the following time periods. So there are multiple Indicators to second the bearish Signal.
Low Risk Long Entry SELB1. Price near support + trendline.
2. Bullish divergence on the MACD.
3. ADX below 20 indicating that the sell off is weak.
4. Low volume sell off in line with rest of market/XBI.
5. Insider Dr. Timothy Springer (who made ~17000% on MRNA) keeps buying millions of shares above this level.
GBPUSD: bearish outlookBefore we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
GBPUSD 4H time frame:
the price reaches the upper line of the parallel channel, and meanwhile we see a divergence between the price and MACD. the divergence support the dynamic resistant as the upper line of channel.
Let's look closer at the end of the price movement.
the chart below shows 1H time frame.
buyers should be careful because at 1H time frame GBPUSD is printing an ascending channel (ending channel). buyers weakness is obvious.
I expect a bearish outlook for GBPUSD.
DXY Jan 2021 PA and Divergence with Time Speculationas we had analyzed this index earlier in lower time frames (240,D), we are getting more confluences or trend reversal even in the higher time frames of weekly.
we can see the price has reached one of its significant support zones and it is diverging with MACD and Its Histogram so forming a Bullish Divergence, which is the sign of trend reversal and we may have more confirmation as Price Action analysis also show that.
the TP zone has been Specified by Fibonacci retracement levels and Fibonacci Time base tools.
we may have some range and Accumulation at the same Support zone which the price is Currently located or instant trend reversal as USA Administration policies are also changing Due to the presidential Elections or if Washington faces more riot and chaos so does the index fall are reaches the heavy Support zone (Green Box)
we can think of shorting the USD Quote Currency Pairs such as EURUSD, GBPUSD, AUDUSD...
and long the USD Base Currency Instruments like USDJPY...
what do you think about it?
EURUSD Bearish Divergence and Shorting Chance Hi
as we can see this pair had shown a Bearish Divergence with MACD which is a sign of reversal and bearish trend to start and fall of Euro which i have specified it with Blue Arrows on MACD and Price
i have used Fibonacci Retracement Tool to forecast its fall and Specified the Fall Depth with a Green TP zone
i have also specified a SL line around 1.25 which is a good enough renege zone and free play space for the upcoming Fluctuations if any
please comment your ideas and opinions
combination of channel and divergenceHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
EURGBP :
the price reaches the lower line of the parallel channel at the same time, it enters strong support zone.
A divergence between MACD and the price supports the idea of possible upside movement.
target for this analysis is the resistant zone that shown in the chart.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Exactly What I Look ForShowing exactly what I look for when I make my trades. Experiences traders know what these indicators mean. Message me if you have any questions about any indicators my arrows are pointing at. With this amount of overlapping signs that point towards a price drop is what leads to my confidence in buying my OTM puts and making high returns.
New and veteran subscribers!! It has been a crazy year for me, I am 23 and bought my first house in May and I depleted my stock market funds to put money down on the house. I slowly saved up money to trade but was not smart with my options and took a lot of losses. Definitely in the red for 2021. I got extensive eye surgery months after buying my home, and most recently got a huge promotion at my job in amazon leading to a 100% increase in my salary.
Looking forward to 2022 and have made a personal new years resolution to make at least one publication a week the year of 2022 and looking to only provide the best charts with the most accurate indicators.
I want to wish everyone a happy new year!
How to send Divergence signals to your Discord server- Do you have a Discord server set up for your own trading community?
- Do you use divergences as part of your trading strategy?
- Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart?
If you have answered yes to all 3 questions above, please keep on reading.
The easiest way to receive automated Divergence alerts to your Discord server, is to combine the alert messages from "The Divergent" divergence indicator on TradingView with a Webhook endpoint on your Discord server.
Step 1: Open Discord, and go to Server Settings
Step 2: Go to Integrations and create a new Webhook
Step 3 (optional): Rename your Webhook to "The Divergent (Divergence indicator)"
Step 4: Select the channel you wish to receive the divergence signals to (i.e. #divergence-signals)
Step 5: Save your Webhook
Step 6: Copy your Webhook URL to your clipboard and head over to TradingView
Step 7: Apply "The Divergent" or "The Divergent (Pro)" indicator to your chart and configure it as you prefer (The free version of The Divergent can signal Regular Divergences only, while the Pro version can signal both Regular and Hidden Divergences)
Step 8: Create a new alert, select "The Divergent" from the top drop down and select one of the Divergence signals (i.e. Regular Bullish)
Step 9: Use the Webhook URL from your clipboard as the Webhook URL of the alert
Step 10: Use the following alert message:
{"content": "The Divergent detected a Regular Bearish Divergence (RSI) on {{exchange}}:{{ticker}} ({{interval}}) @TradingView #divergence $BTC "}
Sample message delivered on Discord:
"The Divergent detected a Regular Bearish Divergence (RSI) on BINANCE:BTCUSDT (60) @TradingView #divergence $BTC"
Feel free to change the content to match your chart / type of divergence you are signalling in the alert.
Note : It is important that you format your alert message as a JSON string, and that you key the message with "content". If you have never used JSON before, it is a good idea to validate your message via jsonlint.com to make sure it is a valid JSON string.
Repeat the same steps for other charts / divergences. Create as many alerts, as many markets / divergences you want to signal to your Discord server.
If you have any questions, please feel free to post it in the comments section below.
If this tutorial was helpful to you, please consider giving it a thumbs up!
Thank you!
BCRX Bullish Hammer Candle and MACD + ADX DivergencesMy favorite long term bio setting up for a bullish move.
Price bounced off support with a bullish hammer candle on higher relative volume, with bullish divergences on both the MACD and ADX.
Possible long setup in the short term.
Entry: 11,30 area
Short Term Target: 12,80 area
Stop loss: 10,50 area
--
Fundamentally I expect this to go $100+ by 2025.