Golden Cross, Golden Cross, Golden Cross, and Golden Cross

Leading Golden Cross : VWMA cross at 143 on 3th of April, 2019.
SMA Golden Cross at 147 on 18th of April, 2019.
Log EMA Golden Cross at 161 on 13th of May, 2019.
And final confirmation Golden Cross: EMA golden Cross is expected on 20th of May, 2019 at 181.

*Golden Cross: 50 moving average cross above 200 moving average.

Comment:

When it is golden cross, a backtest is expected.

Comment:

We guess it might go the following 2 Possible Development Scenario:
1. Rev-H&S Pattern Scenario--Blue Line:
Back test EMA golden Cross or the previous upper trend line forming a RevH&S pattern, then breakthrough the above pressure(280-300)

2. Bullish Flag Pattern Scenario--Purple Line:
Range Trading and forming a Bullish Flag Pattern, then breakthrough the above pressure(280 to 300)

Comment:

Triangle Flag

Comment:

Channel Range Trading
Volume small

Cross Trading between Ethereum and Bitcoin test the Neckline support forming a U turn pattern.

Comment:

3rd time backtest the support level(Neckline Zone 0.03050-0.03150)
Let's see if it can hold or not.
A best development might be the cross trading between ETH and BTC testing lower than previous low 0.3105, but the indicator does not create new low.
Then rebounce.

Comment:

As per what we expected yesterday: "A best development might be the cross trading between ETH and BTC testing lower than previous low 0.3105, but the indicator does not create new low.
Then rebounce."

Maybe ETHUSD walked our Purple Scenario: Double or Triple bottom

At the same time, Bitcoin USD pair build a beautiful double bottom.