200ma

If it breaks the weekly 200 MA, you can throw this chart in the bin.

$TEAM held the key support level of $120 during yesterday's $WDAY selloff. The 200-day moving average of $120.32 held as the low for the day was $120.41 a share. We expect a strong bounce over the next few days as a swing trade. Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It...

Definitions of a bear market vary, but there are three truly fundamental ways to define it: Are we below the weekly 21 EMA = YES. Are we below the daily 200 MA = YES. Is the daily 50 MA below the 200 MA = almost. Despite its sensational name, a death cross (and indeed a golden cross) are incredibly reliable indicators of the approaching market trend. We last...

Hi Traders! The market is moving under the 200 MA and it is in a strong downtrend. Every time when it is bouncing back to the 200 MA, it goes down. Now it is in another potential reversal move and the MA is near again. We expect the market to continue the downtrend until the level 1.08832. Thanks and good luck :)!

A quick look at the projected 200 EMA & MA bear-cross on the Daily chart. From the March 16th 2018 bearcross at $8,273, the bullcross didn't occur until over a year later on April 4th 2019 at $4,911 after a 40% correction. The current gain in price since this 2019 bullcross has been 60%. Unless the price moves above $8500 within the coming days, the EMA & MA...

The blue line is the 200 ma and the orange the 200sma

It may happen tomorrow or it may string us along until the end of the year but it would seem this descending triangle has the potential to drop back down to support from LAST YEAR'S descending triangle. If this takes as long as before and we end up consolidating well into it's apex that would give time for the 200 week MA to move up and create strong support again...

Hello Traders!, An update on Bitcoin today, testing a very key resistance zone with multiple technical confluences. We have had a bullish daily candle close right below the 200 MA after trading in range bound in the orange box. Bitcoin will be extremely bullish if it breaks above this zone after an initial triple bottom… Points to consider, - Price testing...

PSG is testing the underside of the medium term trend line which acted as support since 2015. Recently we have seen the price of PSG run up to test this trendline which failed as support during August. What is also interesting to note is that in 2018 the 200 week moving average (green line) acted as support twice which could now act as resistance on this test. Not...

The daily has a green TD 2, though is encountering resistance at 200 day MA. let's wait the close to understand if this move up is exhausted or there is some more room.

As you can see a candle close below the 200ma is normal in a bull market. a rebound to the upside is most likely here as the fud from the hash difficulty was misinformation because of slow blocks and estimate errors. New ATH are still in sight. However if this level breaks down a bear market could be in effect.

For over a day and a half Bitcoin has formed a symmetrical triangle against the dollar, while being stuck between the 200 Day MA and the 200 Day EMA. The symmetrical triangle is 52 bars (2d4h) long with 75% completion working out as 39 bars (1d15h) - the current hourly candle. Notably the 200 Day MA is no longer in the triangle, so a retest would therefore breach...

Quick short from the 4hr descending triangle breakdown at $9849 when it comes around again for the third time and anticipated today or tomorrow, probably after a final rejection from $10k. Target is the base of the support area at $9275 with a tight stop loss at $10,101 (2.56%), probably initially to liquidate some overleveraged longs. All short and long-term...

After getting rejected last night from the ascending triangle breakout, the altcoin market appears to be forming a bearish rising wedge pattern (purple) while falling below the 200 MA. If the price continues to correct back down to the ascending triangle (green) trendline and finds support this would be a bullish sign. If the price continues to move upwards from...

While everyone's watching Bitcoin's descending triangle, traders are missing the ascending triangles in altcoins... Altcoins market (CRYPTOCAP:TOTAL2) has returned to the horizontal resistance level of the 4hr ascending triangle. Similar to Litecoin, the price is finding resistance at the 200 MA, while the descending triangle support has become the resistance...

Ascending triangle drawn on 4hr chart (similar to LTCUSD as well as ETHUSD) and applied to 1 day chart due to relevant moving average resistance above triangle to be cautious of. A move above $313.30 would create a new swing high while breaching the 50 & 200 Day MAs (that are trying to bear cross) making the trade a position worth risking. The measured move for...

Similar to ETH's ascending triangle that developed in past two weeks, Litecoin against USD on the 4hr is in a much cleaner bullish ascending triangle while facing resistance at the 200 MA. The 50&100 MAs have already had a bullish cross, oscillators are looking bullish. Will open a position above $73.25 (above previous swing high) with tight stop loss at $69 for...

Price has broken above the 200 Moving Average, target for the triangle breakout is around $198 as shown by the golden line. Position taken @ $186.09, stop loss $180 (due to weekly turning bullish) rather than $183. Will move stop loss up to $183 if price gets instantly rejected by $191 area of resistance. Target is $199 (2.11 ratio). Note that the 50 Day MA is at...