BTCUSD possible death cross forming as traders take profit going into the new week. Stochastics and MACD have shown bearish crosses forming also on the 4 hour timeframe and daily, adding to the momentum of a correction possibly being on the cards - in the range of a $7,200 to a swing low of the $5,800 range, a potential play ahead of the fork could bring high...
Will the Death Cross bring the BTC price down, to around the 3000 price range? The PURPLE lines indicate a stronger support and resistance zone than the RED lines.
It was confusing to me why there was such an unexpected bull surge recently immediately following the death cross on the 1 day chart on bitfinex. We climbed almost to the last recent climb but couldn't attain a higher high above it before now finally seeing a bearish reversal...This may be because even though the 2 moving averages have crossed on the current day...
MA 50 and MA 200 Crossed again after 2 years! A bear year will come??? Lets wait and see whats gonna happen...
Hello. I know other people have made the same observation about BTC and fulfilled wedges. Is this completely unreasonable? Mid April, wedge completes. Mid May (Consensus 2018 - New York). Cheers
THIS IS NOT DEATH CROSS, DEATH CANCELED AND BOTH MA FLAT AND WORKING ALONG WITH...... IF CROSS BUT THIS WILL NOT DEATH CROSS.....I DON'T SAY DEATH CROSS WILL BE HELD IN 2019 FEB BETWEEN MAY NOTE THIS MY PREDICTION.....................
We have tumbled to the neckline of the potential head and shoulders that magicpoopcan was warning everyone about. Many recent head and shouldrs and inverse ehad and shoulders have been fake outs but, considering an impending death cross is nearing this one may be legit...as you can see once it breaks under the enckline I'm going short with the intention of...
Dear trading friends, First of all, I am following many coins/charts daily. If you want more TA please like and comment, and that is the best way to say thank you :) The XMR/BTC chart is sending some good bullish vibes. 1. First, MACD is about to have a bullish cross . That did not happen for the past 27 days! And we had more than 14 bars on the bottom side,...
Took both the 50MA/200MA & 100MA/200MA within 1hr, 4hr & Day time-spans. Assigning valves to each 50MA/100MA/200MA. Extremes such as DAY and 50MA/200MA cross-over indicate longer term views decreasing likelihood although registering a more powerful indicator in place as the 1hr & 4hr fluctuate positive/negative multiply times within the DAY cross-over...
Now that we've closed 2 candles below the 50 MA it's looking like probability favors the short game over the long game. Usually we wait for 3 or 5 closes below the 50MA to confirm we are back in a sellers market first so this current 4hr candle is very important....if it closes below odds are good we have more downside to follow. A short at that time would not be...
Aeron crossed trend line and I would recomend buy around 15500 and wait for profit which look very good.
We currently are finding strong support on the day T line(in yellow) however the 4hr charts current candle has only 10 minutes left and appears like it will close well below the recent bull flag...if so the probability of the next 4 hour candle also doing so thus confirming the breakout is pretty good. Once/If that happens we will most certainly fall under the...
On the current 4hr candle BTC is "keepin' it 100" with the 100% grape colored fib retracement serving as support, and the 100 Simple Moving average acting as resistance. As I anticipated in my last idea, I thought it would test the 100SMA a few times as resistance before eventually flipping it over to support. Once we are above the 100 SMA it can usually become a...
A Death Cross in the making? Or will we be saved just in time by our oversold Stoch RSI? And for how long then...? The increase in volume in the last week might make it even more concerning; indicating a longer term bear market when the DC happens? The Stoch RSI is however pretty oversold, so maybe we will be saved from this for a few days?
As I had said a couple days ago in a previous idea the death cross of the purple and blue moving average lines was dangerously close to occuring and would either cause a plummet in price or could potentially bounce off as well. The probability was much more highly in favor of the cross happening and at the beginning of the current days candle the 4hr chart 50EMA...
Hey all just an update...I've pulled my btc position via stop loss last night at around 10490 but have decided to leave ethereum in for now as its doing well with robinhood...As the price continues to pullback the good news is an inverted head and shoulder pattern is still very much in play....however as you can see with the small yellow dotted lines that show the...
Hello! DISCLAIMER: THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE. I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS! FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA! We can see that IOTA has broken out of it's long term trendline, although the volume was not...
We can see a clear Bullish flag pattern. With a combination of bullish MA cross it is a good idea to go long in lower parts of flag. I expect to see breakout upward soon.