We can see after the recent bullish breakout from the rising wedge we were in that BTC has finally achieved the ever elusive 1 day higher high a crucial move necessary to jumpstart the next bullmarket. We of course are eventually anticipating a higher low to follow it but we may keep forming this higher high a leg or 3 more upward before correcting downward to...
Golden cross just occured for EOS vs USD. If we find support at or above $4.62 (previous long-term support), we can be sure a nice rally will follow! However, it might just skip finding support around $4.62 and go straight into a small to medium parabolic move, returning to find support at another previously strong level that coincides somewhat with one of the fib...
BCH/BTC looks like it has great potential to pump up to the target. Target: 0.0458 Bitmex Target: 0.0468 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart. This is not financial advice. All charts shown on my page, including this one, are just...
Decided to mess around with fib channels today and found some cool patterns. TNT/BTC looks very likely to hit the target. Target: 0.00000786 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart. This is not financial advice. All charts shown on my...
As we can see clearly on chart, orange line (50-day Moving Average) crossed green line (200-day Moving Average), which is called "Golden Cross" in literature. RSI Momentum seems bullish as well. I'm expecting a nice, satisfactory bull run from $MTL. Not an investment advice, please do your own research before investing.
The S&P 500 index will form a golden cross formation on or about March 29th, this Friday. This is a bullish indicator when the 200 day moving average crosses the 50 day average after forming a death cross previously. A death cross is the opposite of what we're seeing here, where the 50 day MA crosses under the 200 day, which is a bearish indicator.
ENTRY TYPE: IMMEDIATE ENTRY AT AROUND 124.900 LEVEL STOP LOSS: 126.000 TAKE PROFIT: 123.400 RR: 1:1.55 SHALL THERE BE ANY UPDATES I WILL UPDATE THEM IN THE THREAD AS NEEDED. CHEERS
Moving averages. Whether you love them or hate them, trade with them or without them the fact of the matter is that some of them are very significant, even on their own as they can act as support and resistance. Once they cross however, their power can absolutely make or break a market as seen countless times in the stock and gold market but also with Bitcoin and,...
To identify a Golden Cross , the following usually takes place: 1. There is a downward trend is occurring but is on its last legs because interest in selling declines and eventually begins to be overpowered by stronger buying interest. 2. The emergence of a new trend . It is all about the breakout of the new trend, when the short-term average crosses from...
We're seeing a Golden cross (50 up through 200MA) on daily chart on LTC, typically this is a longer term bullish signal meaning that in the coming months LTC should move quite a bit higher. #notfinancialadvice
TRADE TYPE: SELL WHEN THE MARKET OPENS AT AROUND 124.800 LEVEL STOP LOSS: 126.750 TAKE PROFIT: 123.000 RR: 1:1 TECHNICAL ANALYSIS With the trendline and channel on daily charts broken convincingly, the cross is aiming to test the next crucial support that lies in the 123.000 level! Price has already given the confirmation and the short trade can be executed...
REFER TO THE ANALYSIS IN THE RELATED LINKS TRADE TYPE: INSTANT EXECUTION AT AROUND 126.840 LEVEL TRADE TYPE: BUY (LONG POSITION) STOP LOSS: 125.685 TAKE PROFIT: 128.000 RR: 1:1 SHALL THERE BE ANY UPDATES I WILL PROVIDE THEM HERE. CHEERS
TRADE TYPE: INSTANT EXECUTION AT AROUND 125850 LEVEL TRADE TYPE: BUY (LONG POSITION) STOP LOSS: 123.875 TAKE PROFIT: 128.000 PRICE HAS ALREADY CLOSED ABOVE THE DYNAMIC RESISTANCE OF DAILY 50 EMA GIVING ME ENOUGH CONFIRMATION TO GO LONG ON THIS TRADE. Furthermore The EUR is likely to appreciate soon against the USD because of incoming USD weakness. The price is...
To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. Today appears to be critical but the uptrend still holds even below these levels, if the cloud support does not hold the next...
Been some extremely bearish news about XEM in the past few weeks but a bullish chart is a bullish is chart and ths one looks like it has at least some temporary upside to take avantage of. Short term long.
We can see we will likely be getting a 4hr golden cros on the 4hr chart roughly 2 hours from now on Bitstamp(shown here). A quick look on the Bitfinex chart(not shown here) shows me a 4hr golden cross has already occurred on that exchange which could be why we are already seeing 3 nice green candles in a row here.Of coure it could also be in anticipation for the...
bull signal vs. bear signal on btc right now...because of that this idea will be listed as neutral. We can see we have the bullish case of a 3hour golden cross that has just occured...usually leads to a bullish outcome and we can also see the 3hr stochrsi has been skimming the bottom range for awhile which means there's more momentum available to go up than down....