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Macdivergence

Ascending triangle forming Within *8 year Symmetrical triangle. 50Dma now tilted up. *>50% Undervalued. DCF Models put fair value @ 7.06-19.88 D/E&DA <.01; *Current Ratio≈36* Ascending triangle forming since November brings opportunities to accumulate at safer prices. This daily formed after bouncing off bottom downtrend boundary. Ascending triangles are bullish in nature as demand line rises towards supply line, but are not reliable upward breaking patterns however they do show that sentiment may be changing and that a reversal may be near. This Ascending triangle is forming within and near the lower boundary of an 8 YEAR symmetrical triangle. MACD crossing above 0 on daily signalling upward momentum.
NASDAQ:GURELong
by Jrussell86
Litecoin's down time is up. UPSIDE again!?Litecoin has been down trending for some time now. Downside is about to end, as the charts suggest. $197 looks quite a bargain price to bounce off which is the next support level. The next support after $197 stands at around $169 which is major and bounce of this level will be quick. MACD has been tangled for some time bouncing back and forth the orange line and the the tangle has deepened. RSI is converging clearly settling at around 40 from 2 oversold scenarios recently which is again a bullish sign. Also, as the Holidays are almost up which'll also be the factor to end downtrend as the New Year begins. Happy new year. Let's welcome 2018 with a big bang in Crypto. Thank you. Happy Trading.
COINBASE:LTCUSDLong
by Kingler
₿itcoin Cool Down and Bull TrendSeeing some small divergences on the OBV, MACD, and RSI the last push on the Bitstamp BITSTAMP:BTCUSD and Bitfinex BITFINEX:BTCUSD 15 minute. TD count shows a exhaustion cycle coming to an end soon on the 15 minute but exhaustion cycles have been unreliable on ₿TC lately. Hourly and and higher time frames don't show the divergence but do show that a cool down is needed to at least the two local support levels shown on the 15 minute PINK support lines. Volume is your friend to find which one we bounce on so stay glued to it when we approach them. Bitfinex 15 minute indicators Bitfinex Hourly Bitfinex 4 hour I am expecting a cool down and then a continuance upward. One thing to note is the volume levels have remained on par with the rally as far as the CMF is concerned. We are seeing heavy buying pressure still but do show a minor weakness in strength. I never under estimate ₿itcoin though. 27k by Near Years
BITFINEX:BTCUSDLong
by Nick_Core
1
GBPCHF bearish potentialBeautiful ascending channel on the daily that reacted exactly at 61.8 fib level. Also the ascending 4-hour channel with the continuous divergence on the MACD, gives good possibility for price to retest the blue bottom. In terms of fundamentals, you should be very cautious on Thursday due to Interest Rate Decisions on both currencies. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work. 4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.
Short
by InvstingWise
Possible Expanded Flat in NZDUSDTenemos la formación ya de una corrección ABC, pero se que todavía no esta finalizada porque sigue habiendo divergencia en MACD, lo que nos confirma que será una Expanded Flat. Después de esa onda C, buscaremos una entrada en cortos en algún lugar del nuevo impulso, con un Take Profit en el -27% de Fibonacci. ----------- We can see an ABC pattern, but I know it still not finished because there's still exist a divergence in MACD, that confirms it will be a Expanded Flat. After that C wave, I'll find an entrance in somewhere place of the new impulse, with Take Profit in -27% Fibonacci.
by losada15
Ending Channel in EURCHFPodemos ver la formación de un ending channel, además, tenemos una fuerte divergencia en MACD, lo que indica y confirma la caída próxima en eurchf. Todavía es temprano para buscar la entrada, la semana que viene podremos encontrarla cuando haga el breakout y forme una bandera. Aproximadamente, el nuevo impulso llegará hasta el final de la flecha marcada en el gráfico. ---------------- We can see an ending channel in eurchf and, furthermore, we have a very strong divergence in MACD, that confirms the next fall in eurchf. It's still early to look for the entrance, next week we'll be able to find it, when it makes the breakout and form a flag. Approximately, the new impulse will reach the end of the arrow drawn on the chart.
Short
by losada15
1# BTC 5K or 10K ? That is the question.** Freshly in the cryptospace, Here is my coming out on what's is going with Godfather Bitcoin. Disclaimer : I am a learner ; not a technician ** -- ONE-YEAR PICTURE-- Bitcoin is in a HEALTHY, ACCELERATING BULLISH CHANNEL since March, following the exact same cycle : 1) A Quarterly 3-figures Bull Run (800% compounded YTD) that penetrates at least ONE fib level F 2) A 40% retracement from the second fib level F+1 to the fib level F-1, just between the SMA 100 & 150 I would like to confirm that it follows the last 9 month an Elliott Waves (currently ended wave 5?) & allowing ABC corrective waves. * Please correct me if i am wrong! * -- LAST 3-MONTHS-- We are now at the consolidation phase for the (1) last bull run, started the 14th September. There are two opposites scenarios : Scénario 1) BTC Return To 5K : RSI and MACD divergence both indicate strong bearish reversal signal et the major 8000 level ! A last quarter retracement would push BTC at the 6100 and then 5000 levels. Scénario 2) BTC Continue To 10K : Since last week BTC price forms a Bullish Flag consolidation just below the 8000 level. that indicates upward support. Also BTC is not so overbought and DMI/MACD can support further upward movements. At the time i am writing BTC has broken the 8000 level & breakout the symetrical triangle & Bollinger squeeze at 4H and 1H. -- WHAT AM I DOING FOR NEW YEAR ?-- Scénario 1) Track a bounce or a penetration at the 6100 level ; then Look for reversal signs & patterns Double / Triple tops / H&S ; Be prepared to BUY between 6100 and 5000 levels. Scénario 2) Confirm 8000 level breakout at 4H ; Wait for a consolidation of the price at the Mid-8000's and track the next reversal SHORT or bull confirmation to open LONG. PS: BTC is still fundamentaly strong : both as reserve of value for Institutionnal investors and as a reference for newcomers. I am not surprised for a Christmas at 10K Peace out
BITSTAMP:BTCUSD
by tr8zr
1
AUDUSD Weekly Trade AnalysisAUDUSD > 10/8-13/17 Trade Analysis Timeframe: 1W Pair broke below support @ 0.7807 with MACD showing bearish divergence, expecting further decline toward 0.7727 A firm break and hold below 0.7727 would signal good possibility of further decline toward 0.7633 level. Expecting bearish trend to continue with price needing to remain below 0.7820 for continual confirmation. A firm break and hold above 0.7820 would indicate bearish trend is weakening. Firm break and hold above 0.7874 would serve as indication that bearish trend is complete and a reversal would come back in play. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59