TradingClue

**UNI/USD 4H Chart Analysis**As we examine the 4-hour chart for Uniswap (UNI/USD), a noteworthy pattern emerges, signaling potential trading opportunities. The price trajectory is forming higher highs, a bullish signal under normal circumstances. However, a deeper look with the Commodity Channel Index (CCI) reveals a contrasting picture. The CCI is making lower highs, presenting a classic case of bearish divergence. This divergence suggests weakening momentum despite the rising prices and could foreshadow a possible reversal.Moreover, UNI's price movement above the weekly pivot point, which stands untouched at $7.432, draws attention. Typically, untouched pivots act as significant levels of either support or resistance. In this context, surpassing this pivot without retest might indicate it as a plausible target for initiating a short position, particularly if other indicators support a downward shift.Traders should monitor these developments closely, considering the bearish divergence and pivot dynamics, to refine entry and exit strategies in the coming sessions.price danced on the pivot level and finally crossed the line on April 30th

The AVAX/USD pair exhibits promising signs of an upward trajectory on the 2-hour chart, marked by key technical indicators. Initially, a regular bullish divergence was spotted, a reliable harbinger of potential reversal. This divergence occurs when the price charts lower lows while the RSI (Relative Strength Index), an oscillator measuring the momentum and possible trend reversals, shows higher lows. This discrepancy signals weakening downward momentum, suggesting that buyers are gradually gaining ground.Complementing this bullish signal, the MACD (Moving Average Convergence Divergence) indicator, a tool used to identify trend direction and momentum, crossed above its signal line prior to the divergence. Currently, the MACD and its signal line are advancing in parallel, reinforcing the bullish momentum.With these technical indicators in alignment, the price has commenced its upward movement. The immediate profit target is set at the monthly pivot point of $51.51, serving as the next significant resistance level. Traders should monitor these levels closely, as a sustained move above could further validate the bullish outlook for AVAX/USD.In conclusion, the convergence of bullish divergence and a favorable MACD configuration offers a compelling case for an impending uptrend. Investors should consider these technical signals in their trading strategy, keeping an eye on the pivotal $51.51 level for potential profit-taking opportunities.

In our latest glance at the DOT/USD 4-hour chart, an intriguing pattern unfolds, hinting at potential upside. The price trajectory, previously charting lower lows, contrasts sharply with the Relative Strength Index (RSI) and the Commodity Channel Index (CCI), both of which are sketching higher lows. This bullish divergence suggests weakening downward momentum, potentially foreshadowing a trend reversal.The CCI's journey above the 100 mark further bolsters this narrative, hinting at an emerging strong uptrend. Traditionally, crossing this threshold signifies robust buying interest, a beacon for bulls eyeing entry points.Meanwhile, the RSI adds another layer of optimism. Its upward trend, while not yet breaching the overbought territory, indicates growing bullish momentum without the immediate threat of a reversal due to overextension.A critical target lies ahead: the untouched monthly pivot point at 9.9167. This level acts as a magnet for price, suggesting an ascent toward this mark could be on the horizon, offering a strategic point of interest for traders.In summary, the DOT/USD pair exhibits promising signs for bulls. The combination of bullish divergence, CCI's strength, and RSI's ascent, alongside the gravitational pull of the monthly pivot, paints a picture of potential upward movement. As always, keep an eye on these indicators for shifts that might affect this outlook.

As we inch closer to the much-anticipated Bitcoin halving event slated for April 20th, the BTC/USD pair presents a fascinating narrative on the 4-hour chart that deserves a meticulous analysis. The halving, a scheduled reduction in the reward for mining new blocks, historically acts as a catalyst for significant price movements, making the current landscape especially noteworthy.SMA200: The Beacon of UptrendThe price trajectory of BTC has recently rekindled its affair with the 200 Simple Moving Average (SMA200), a critical indicator of long-term health. After a brief sojourn below this marker, which had traders biting their nails, BTC's price has resurged above the SMA200, reinforcing the prevailing uptrend. This movement suggests a robust bullish sentiment that refuses to bow down to transient bearish pressure.Ascending Triangle: The Prelude to BreakoutThe formation of an ascending triangle on the chart is a textbook signal for traders. This pattern, characterized by a horizontal upper resistance line and a rising lower support line, hints at a consolidation phase gathering steam for a potential breakout. Given the timing, this breakout is anticipated to occur before the halving, possibly ushering in a significant price rally.Pivot to R1: A Target in SightThe monthly pivot points, serving as a compass for potential support and resistance levels, have painted a target that seems within reach. The R1 (Resistance 1) level, positioned at approximately $77,000, emerges as the next frontier for bulls. Remarkably, BTC has consistently met all R1 targets since last October, adding a layer of credibility to this projection. As we approach the halving, reaching or surpassing this milestone could be a testament to the market's optimistic outlook.Conclusion: A Confluence of SignalsWith the backdrop of the impending halving, the technical indicators weave a compelling narrative for BTC/USD. The reclamation of ground above the SMA200, coupled with the formation of an ascending triangle, sets the stage for a potential rally. The historical adherence to monthly pivot R1 levels further bolsters the case for upward movement. Traders and investors should keep a keen eye on these developments, as the days leading up to April 20th could be pivotal for the cryptocurrency market.In essence, the confluence of these technical signals suggests a bullish scenario unfolding in the run-up to the Bitcoin halving. As always, market participants should balance optimism with caution, considering the volatile nature of the crypto space.

On the 4H chart, we’ve got a classic bearish divergence with gold prices hitting higher highs and the CCI (Commodity Channel Index) not keeping up, hinting at a slowdown. Also, the price danced with the R1 pivot level, dipped, tried to recover, but looks like it might dip again.Switching to the weekly, it’s the same song - prices climbing, but CCI’s enthusiasm is waning. This suggests we might be heading for a correction soon.The monthly pivot at 2169.520 hasn’t been touched yet, which is interesting. While a full retreat to this point seems a stretch, a pullback in its direction looks increasingly likely.In short, both charts are whispering (or maybe starting to shout) that a downturn could be on the horizon. Whether we actually hit that monthly pivot or not, it’s clear the market’s got some rethinking to do. Keep an eye on these signs and plan accordingly!

In the daily BTC/USD chart, we're observing a series of higher lows, indicative of a bullish sentiment underlying the current market movements. This upward trend in price contrasts with the Commodity Channel Index (CCI), which is showing lower lows. This divergence between price action and the CCI can be interpreted as a hidden bullish divergence, suggesting that the momentum behind the price increase is still strong despite the temporary pullbacks.Adding to the bullish outlook is the behavior of the Moving Average Convergence Divergence (MACD) indicator. Recently, the MACD line crossed above the signal line, a bullish signal that often precedes upward price movements. This cross enhances the bullish sentiment and may signal upcoming price increases.Further cementing the bullish perspective is the overarching trend identified through a linear regression channel, which shows that we're in an overall uptrend. This aligns with the observed price action and indicator signals, providing a broader context for the current market dynamics.Considering these factors, there's a plausible scenario where the price could ascend towards the weekly pivot point at $68,930 in the coming days. This pivot point acts as a significant resistance level, and reaching it would confirm the strength of the current uptrend. It's crucial for traders to monitor these developments closely, as a successful breach of this level could open the door for further gains.target reached as expected ...

BTCUSD went down on BITSTAMP while BNB/USDT went up (on Binance) - this has been an indication of a trend reversal in the past. So going long might be a good short-term opportunity to make a few bucks ...Price made a short-term peak, then went down and peaked again later

Looking at the daily candles, BTCUSD was making lower lows, while Momentum was making higher lows - this could indicate a trend reversal.RSI is currently highly oversold.So, BTCUSD might make a correction up and back to the trendline at around 23875 USD

Entering the market when BTC/USD goes down while BNB/USDT goes up (and vice versa) might be a veritable investment strategy.This seems to work in many timeframes but the most lucrative is the 15m timeframe.

2021 has been a long and windy road for XRPUSD and the struggle with the SEC is still ongoing.But there's a signal that was very accurate in the past, and now it indicates an upwards movement of price in the next weeks.It's a bullish divergence of price vs CCI on the weekly candles. Maybe there's also a wedge, like other analysts pointed out. But the divergence seems to be very obvious. Profit target is the yearly pivot at 1.00306