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Bullish Divergence

Daily Update - Bullish Divergence Spotted! Jasmy Shiba ADA OXTIn this video: * I review the indexes and corresponding price action * For the first time in weeks, I have gone from neutral to slightly bearish to bullish in the crypto space * For cryptos, our time living down in this bearish space is drawing quickly to an end * I have spotted major bullish divergence on many of our charts * We will pop soon, possibly this weekend, but I anticipate no longer than 10 days * The next bull cycle in the altcoin space will be huge. Most will not have ever seen it coming. * Get ready!
COINBASE:SHIBUSDLong
by stewdamus
7
Big move on bitcoin will come very soon!!!Hello traders, As you know from our analysis, we don't use to much indicators. But, today I would like to show you RSI divergence on 1D timeframe. What does this chart tell us? Price of bitcoin is still going down but RSI value is growing. This is bullish divergence and this is one of the poin which could revers down trend. Volume is going down and big move will come soon. 1) Bitcoin will go up from 46-47k level. 2) Bitcoin will make fast drop down to 42k and then will go up. Next important poin - for sellers is this price to low, so nobody want to sell his bitcoin for this price. Only the last retail trades are selling, because they usually sell low and buy high :) don't be like them, patience is the KEY!!!
COINBASE:BTCUSDLong
by UltimateCryptoTrader
2
BTCUSD Long, Knifecatch to 74kSorry for the lack of posts over the past two weeks, been busy w/ life. Anyways, I believe this downtrend is nearly over if we consider this recent correct market structure as a running flat . The only concern with this is that within the b-wave, its ascending triple Elliott wave has an overextended wave Z with a ~1.618 fib level rather than a 1.272 fib as stated on one of the guidelines according to Elliott wave forecast. But ignoring this, it perfectly fits within a running flat corrective wave. As of now, it seems like it'll end near the primary wave 0.382 fib level at ~54k. But we must hold 51k or else the entire market structure shifts bearish heading to sub 30k levels as it is an invalidation level for wave 3. The oscillator below, the BBWP (Bollinger Bands Width Percentile) is reading a close high of volatility at 90% atm. Going at or above 95 followed by a drop crossing under the associated MA (the white line) will signal the start of a consolidation phase . I didn't include it in this chart, but there is also a momentum bullish divergence on the 1 hour that growing has yet to be confirmed with a crossover of the zero line. Key levels: SUPPORT - Primary wave 0.382 fib at 54k - M CPR Pivot at 54k - 3 Month Value Area High at 51k - 3 Month PoC at 47k - Lower Parallel Channel at 53k RESISTANCE - Confluence of multiple monthly value areas at 59k - Monthly Value Area High at 65k - M CPR R1 at 66k - Long term trendline since March ATH at 67-68k - Intermediate wave 5 target at 74k - M CPR R2 at 78k INVALIDATION - Primary wave 3 0.5 fib at 51k There are more levels to look at on the chart if you are interested in long-term plays. I will post an interesting chart soon, so be on the lookout for it.
BITFINEX:BTCUSDLong
by linebands
3
VET BUY SIGNALBullish Divergence on multiple time frames and indicators. The MACD indicator makes a low and then a higher low – indicating that momentum is moving to the upside. At the same time price makes a low and then a lower low. The MACD indicator is a momentum indicator and is based upon average prices. When it starts moving upwards it is normally the case that price is also moving upwards. In this case, the MACD indicator is going upwards and the price is continuing to go downwards. This indicates that the market is oversold and therefore a correction is likely. Good Luck
VLong
by BearManalow
4
COTI LONG BULLISH DIVERGENCE + PENNANT!Recently Coti made a new ATH and has been testing the range of its previous ath due to a bearish divergence formed, however all is in place for continuation. Looking at the chart we can see a bullish divergence has sowly formed leaving room for more growth. Coupled with the bullish pennant, a breakout will lead us to new All-time Highs. Enter with a stop below support and target first resistance(Green). You could extend targets to its aths if you wish.
Long
by RektMyMom