We have officially capitulated, Get your Wheel chairs ready. That is all.
Good luck LTC. After the double death cross we should fall further. And who knows, over time we may develop a descending triangle to kill LTC... Because noone is using LTC it can die in the longterm IMO.
Just posting this mostly because I finally figured out a way to use sine waves that's meaningful for BTC so far. One wave, fixed x location... different y locations.... so simple. Fits the data pretty decently too... so I figured I'd take a guess at the rest of BTCs life. 2040 approx when I say it dies... is when the last BTC will be mined, for those still using...
Hello traders, Here's a view of how bitcoin is trading for long term!
close point 5:00 p.m. October 29th Break out above 9500 or below 9000 Stop loss At 9000 or 9500 Retest heavy resistance at 9800, if confirmed = short entry This is March 1, 2018. We broke downward of the 200 DMA. Then MACD coming hot and fast back up to 0 breaking above the 200 DMA with it. RSI setting a new lower high after a new lower low which came after...
I am noob so I wrote everything in the chart.
This index just trigered a triple death cross signal (10 SMA under 50 SMA under 200 SMA). The triple cross has happened at the same time (very unusual). Wait and see with a bearish bias until proven wrong. To be noted that the Russell 2000 index usually warns ahead of troubles in the big cap indexes.
This is the end, beautiful friend, this is the end, my only friend, the end!
Despite the current support level holding strong again, the recent daily 15/50 death cross on the 27th August presents a possible indication of where the current consolidation period will break. The previous death cross provided a 50%+ retrace
Just a prediction of our next moves on the Crypto-Market down to 212B then... up to 450B? or... Death. Only time will tell My friends, safe trading.
Classical Death Cross Just Occurred! That's All I'm saying... Bearish AF.
Target Alltime High Or Dump! Like, comment, share. I need points to comment in chatrooms.
The 4-hour death cross on the 13/48 EMA has been a reliable indicator this year as we have just entered one today. The previous death cross on this time frame has produced a 32% drop over 8 days The crosses prior to that were 18%, 13% and 5% moved down. All four crosses average out to 17% over 8 days. You can find this indicator here on TV under 'True Golden...
You can see since march new money flooding xrp, for holding this levels. Seller pressure give up. You can expect a pump up to 0.45-0.5$ in coming hours, days. It will result with new dips for this year in late 2019. good luck.
I have nothing to explain. I posted and ran.
This huge scary bearish triangle is something we cant ignore anymore.. After this thing breaks down ETH is probably going to be dirt cheap.. Do you think this means ETH might lose its place as a crypto market leader? Will we see the nuclear altcoin holocaust continue another year? or more? less? Share your thoughts in the comments