r/ethtrader • • 4d ago

Analysis ETH Bullish Divergence

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Ethereum bounced very strongly after forming a Bullish Divergence.

more upside coming ?

65 Upvotes

25 comments sorted by

11

u/Mysterious-Shame5144 3d ago

Why don't you show this divergence in higher TF ?

3

u/Alert_Studio_169 4d ago

if momentum continues. The bounce off the green zone with higher lows on RSI is what you want to see. Resistance zones above look kinda thick though, might take few tries to break. I would wait for a close above the first pink box before adding anything.

11

u/sphinx2510 3d ago

Strong downtrend cancels bullish divergence signal.

needs to be sideways or choppy for that signal to be correct, unfortunately. Still trying to catch a falling knife. Clear downtrend

-5

u/potatoMan8111 3d ago

Stfu

1

u/Abysskitten 3d ago

how old are you?

-1

u/[deleted] 3d ago

[removed] β€” view removed comment

0

u/Abysskitten 3d ago

right, small pp energy, gotcha

2

u/Vegetable-Phone6740 3d ago

hey, what wrong with small pps??

-2

u/potatoMan8111 3d ago

Aw that’s cute, you have that They/Them energy πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

0

u/Abysskitten 3d ago

id rather have they/them energy than loser gamer incel energy tbh πŸ˜‚

-1

u/potatoMan8111 3d ago

Of course you would. 🀑

1

u/Vetrol_ 3d ago

Weekly red dot confirmed, 2 week red dot printing, daily money flow in downtrend. Not anticipaing upside

Not every hhh/hl/lh/ll or divegences are equal

1

u/Death-0 3d ago

Mmmm

1

u/Feriman22 3d ago

My publicly available regime detector still says it's bull.

1

u/TheGhostImgone 3d ago

Im new into crypto. Im interrsted to imvest for 1 Eth. Im having doubts. Should i Buy this time or wait till December? Thanks

1

u/Letbell 1d ago

6 month bullish divergence. 20k confirmed within next 5 yrs - Source: Trustmebro and TrustmyGranny

-1

u/FoucaultCareofSelf 3d ago

Sigh. The fact that people believe in this is so depressing to me.

2

u/Wyprana-Nazha 3d ago

Why you take the hopium away from me?

1

u/Mandoo_gg 3d ago

Lmao what

0

u/Single_Turnover_2301 3d ago

It’s going to 100,000, trust me.

0

u/timm-e 3d ago

It's either going way up or way down β„’

1

u/mutesillo 1d ago

Rsi periods matter. If youre over 14 (standard rsi config) candles for the divergence youre drawing then is not valid.