20-30% Chance in Splunk | Bullish Divergence on the Weekly | A weekly close above this level could mean some upside. Maybe a Gap-Close or bouncing around in this Wedge.
Possible Chart Patterns:
bullish: Double Bottom (Target 248)
bearish: Head-And_Shoulder (Target 90-95)
Nevertheless, it is at the Neckline of a Head-And-Shoulders, so be cautious of a break out of this Wedge
Also the near future depends on the Ukraine Crisis (short-term downside possible | 110$ level of Support).
Plan:
Either small buy in now and check for Weekly close and next weeks opening (pullback due to Ukraine Crisis possible) and buy more if it drops to lower trendline of the Wedge.
Sit still and check if Ukraine crisis heats up (whole Market depends on it).
Put-Call-Spread for the near future, if we drop lower: sell puts at trendline and buy more calls.
Please Watch the Indices (leading the Way) and be prepared for Volatility.
A risky play, with good Risk-to-Reward Ratio.
Please be critical of every Analysis you see (no one can foresee the future) and trade on your own risk.
Bullish Divergence
API3 Will Break Any Day Now!Hello traders,
As you can see on the daily chart of API3, the price performance has been in a downtrend recently however the Momentum Oscillator (RSI) is showing a bullish divergence by presenting us with lower lows! The weekly MACD is also revealing a possible divergence to the green, I see a very low likely hood of it continuing to be red mainly due to the fact MACD's come in swings of 3, which we have already experienced.
Safe trading,
-Pulkanator
Descending Inverse Head and Shoulders on The Graph!Hey traders,
As you can see on the 1HR of The Graph (GRT). The price has formed an inverse head and shoulders with a descending neckline/ resistance. To find the inverse head and shoulders price breakout target, you measure the impulse move of the head and add it to the top of the neckline. This is cool and all but as a bonus, we additionally have a Bullish Divergence on the Momentum Oscillator (RSI)! This makes me really confident we will see a small recovery of +5% in the immediate short term. Set your TP for .437.
Safe trading,
-Pulkanator
ZEC ZCash Bullish divergence + 1st Higher Low on DailyWeekly: After an extreme drop, price went below -1 ATR, but by the looks of it, it seems it is about to close above 1 ATR level. If so, it will become a nice setup on the weekly, which I will provide a setup for, when that sets up. The impulse is still red, but when I peek at the setup of 3 days, I see it's blue already, and with crypto I cheet with this factor sometimes as it is so volatile.
I expect this to close above 100$ support. sRSI is maximum oversold and EFI is ticking up
On the daily we have a nice bullish divergence, and a higher low, which shows a rejection candle, and from there it ticks up. The bullish divergence is on both MACD-H and EFI. sRSI is already rising up and nog overbought. I expect prices to reach between the slow EMA and 1 ATR level.
stop 88,21
entry 98,5
TP 1 111,35
TP 2 115,84
I phase out in parts, therefore I set 2 target profits. But I prefert TP2 here, as this is only on 0.5 ATR, but I have to check the background of the crypto market, as we're in a bear market currently, I am therefore conservative.
PS
The arrow should point to that wick, after the bullish div, but Tradingview morphed the graph somewhat
Trade 2022#002
CADCHFClassic AMD Trade With Multi-Confluence
We Have A ACCUMULATION ( A) BOX
We Had Price Selling A Bit Forming Our MANIPULATION ( M)
Whilst Forming A MANIPULATION, It Filled The Small Liquidity Void
Filled In The Bullish Order Block
Formed Divergence
PD Arrays Checklist
Old Low ✔️
Imbalance ✔️
Bullish Orderblock ✔️
Breaker Block ✔️
Mitigation Block (In Progress)
Type Of Trade
Reversal AMD Trade
Discount PD Arrays Active
Divergence Reversal
Fake H&S Pattern
Trendline Phantom
My Expectation
Price To Start The Distribute Upwards
Price To Mitigate On The Order Block
Price To Fill The Small Liquidity Void And Retrace Downwards
Price To Take Out Lows And See Bearish PD Arrays Active
Bullish div PENN weekly and false break on dailyWeekly
Bullish div on MACD-H and EFI. We do see 4 EFI diverging locally in the latest decline.sRSI is about to to a strong degree it seems, and might tick up.
Daily:
FB and 1st HL, impulse green. Might possibly start a new uptrend and fullfilling the weely setup
"Entry: around 44
TP1: 57,14
TP2: 62,9
R/R Ratio
CHFJPY - Looking To Buy PullbacksH4 - Price is bouncing higher from a key support zone.
Bullish divergence.
Downtrend line breakout.
H1 - Bullish convergence.
Currently it looks like a pullback is happening.
Until the key support zone holds I expect the price to continue higher further after pullbacks.
Bullish Divergence on Monero (XMR)Shown here on the 4HR Chart of Monero (XMR) you can see that the Momentum Oscillator (RSI) is signaling a medium/ weak bullish divergence. Now, remember, the RSI means general strength, not what the price is doing. So when the RSI is trending up and the price is at a standstill you can bet that the upside is coming. Hope this helps for a short-term trade!
Safe Trading,
-Pulkanator
VET/USD - Potential Bullish DivergenceWe have a potential Bullish Divergence with the Price on the VET Chart and the MACD Line on the Moving Average Convergence Divergence (MACD) indicator as indicated by the Converging Blue Lines. Note that the MACD RED Histograms have also shrunk in size, confirmation will be if the MACD Line (Blue Line) crosses back above the Signal Line (Orange Line) on this 1 day timeframe.
Note that the Stochastic Indicator (STOCH) is showing that VET has plenty of room to move up before entering the Overbought Zone on this 1 day timeframe. Note that the %K (Blue Line) is still above the %D (Orange Line).
At the moment of typing this, VET is fighting stay above its Least Squares Moving Average (LSMA) on this 1d timeframe. A successful daily candle CLOSE above the LSMA on this 1 day timeframe will be considered a Buy Signal for this indicator.
At the moment VET is back above its Bollinger Bands Lower Band but note that VET is still well below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1 day timeframe. For any recovery to become sustainable longterm, we need the Price to CLOSE above the BB Middle Band Basis with a successful re-test as support on this 1 day timeframe.
VET is also in a Falling Wedge Pattern on this 1 day timeframe. A Falling Wedge Pattern is a potential Reversal Pattern. Note that the APEX of the Falling Wedge Pattern is at $0.026 which is around 22nd March 2022.
At the moment of typing this, VET is back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 6x daily candles that i have selected.
Obviously VET is still under the influence of BTC so we have to keep an eye on what BTC is doing as a drop with BTC will drag all alts down with it.
I hope this is helpful with your Trading and Hodl-ing.
Bullish Gartley With Bullish Divergence on $AMCAfter a Huge Bearish 5-0 Decline, AMC is looking like it's ready to attempt a recovery of some of the losses as we have large amounts of 4hour Bullish Divergence on both the MACD and RSI. We are at a Weekly Support/Resistance level and we are at the PCZ of a Bullish Gartley visible on all Timeframes; Assuming we can get a couple more Bullish Days from here we will see an eventual Bullish Crossing of the Daily MACD which could lead to a decent rally.
Bullish Divergence for BTCIt looks like BTCUSD is showing some signs of reversal from the current downward trend.
On the daily chart (left side), you can see that the price of bitcoin has migrated into a small downward channel that began at the beginning of December potentially forming a bull flag. This can further be seen as a bullish sign of reversal based on reversal bullish divergence showing on MACD (dotted yellow lines) as well as the fact that the price is approaching the 78.6% Fibonacci retracement line from the dip back in May (I generally consider the 78.6% Fibonacci level to be a "reversal level").
Furthermore, on the weekly chart (right side), the uptrend looks to still be in play, showing bullish continuation divergence on RSI (dotted yellow lines) as well as a potential ascending triangle forming if a bounce occurs here (dashed blue lines).
However, I must note that I am somewhat optimistic in this chart based on the fact that I started to draw out this channel and the trend about a month and a half ago after the recovery from the dip in early December and was a result of my noting how reminiscent this dip is of the previous dips we have seen in the upward trends from the past year. That being said, I have drawn two pitch forks on the daily chart showing that the price looks to be slightly outside of the upward trend right now and potentially could head into a downward trend. If that does occur, I caution everyone that the price could head into the downward channel back to near 27K and potentially to 16-22K afterward.
Either way, it looks to be like a key moment is approaching, with a short term potential to continue to dip near 36-37K, but a potential for some price positivity on the horizon soon.
That being said, as always, this is solely my opinion and not in any way meant as financial advice, but please like and comment if you agree or have any thoughts!
STORJ ready to flySTORJ has now recovered with bullish candles from a downtrend after a bullish divergence appearing on 12hr and 4hr timeframes.
Storj is currently holding on to EMA50 and aiming to take EMA200.
Ichi span has exited out of a downtrend channel but still aiming downwards meaning it's too soon to enter this trade.
The recent buy-volume has secured Storj a double bottom since Aug 19th and we are to place our SL exactly under the range of the previous Ichi channel below the double bottom zone.
Keep in mind to profit-trail after your entry.
BTC's safe range for this trade is between 6800~8200.
🌳 An analysis about ALICE SituationHello every one
ALICE/USDT
ALICE is in a Falling Wedge Pattern. The Price is ranging In this Pattern and the break out has Not Happened Yet. When The Break out Happens, We Expect The Price To Increase To The Top of The Falling Wedge Pattern. The Two finger Points Which are on The Chart, Shows That Each Time The Price Reached around 10$,It made a heavy Pullback So why wouldn't It do it again? The Major Support is at 10$. The Target & Resistance is shown on The Chart (The zone Between 14.8 to 16$). and also There is a Regular Bullish Divergence (+RD) On MACD as well Which Strengthen The Bullish Prediction.
🟡What Is Alice?
My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade Non-Fungible Tokens (NFTs).
ALICE is My Neighbor Alice’s native utility token and is used in the following functions: In-game Currency: Purchase assets and special skill sets in the game and in Alice's marketplace. Governance: Participate in the governance process through a Decentralized Autonomous Organization (DAO), with proposals and voting structures (e.g. platform operations and development). Voter incentives will be introduced to encourage voter participation. Staking: Stake ALICE tokens to earn a percentage of platform revenues (e.g. plot sales, asset sales, and transaction fees). Player Incentives: By completing quests in the game, players can earn ALICE tokens. This design is to encourage user participation in the game and to maintain traction.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎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
ADA/USD: Bearish Channel and Bullish Divergence in RSIIn Daily timeframe, we look a bearish channel where Cardano confirm this chartist pattern where I put these 4 red arrows, they are an indication of the point of this bearish channel pattern. And also, I mark 2 liquidity points that maybe it's a scenario of institutional where they use it to make liquidations that work like key points.
Also, in the RSI it's very strange that show us a lowe high in this indicator and price action mark lower low. That it's strange that it's appear a bullish divergence in this analysis. And that could be a signal of go back to the bull rally in Cardano. So, If Cardano break up the liquidity point in the level of $1.61 USD. We could to see a possible bullish movement and return of bulls.
I hope that this idea will hope you so much!!!