Some targets for this triangle breakdown of btc, an invalidation would be if price re-enters the triangle with a close inside.
LTC is looking very bearish, target 35 usd
The recent bearish breakdown has sent the stoch rsi to the bottom range but with the RSI not yet in oversold conditionas there's likely still more room to fall and the chart is forming a bit of a potential head and shoulders pattern on the 1hr chart. If the head and shoudlers is triggered it will drop us to to the 8,000s so keep an eye out for that...plenty of...
As you can see each time we tested the top of the ascending broadening wedge(a pattern which usually breaks down) the price action was rejected, and once the wedge ran into the top wall of the descending channel the support of the t line could no longer prop it up causing the current breakdown from the only bullish thing we had going which was the bull flag. Now...
What are we going to do with ETH? already seeming a little outdated with EOS, NEO and a few others on the scene ready to replace one of 2017's best movers price action from Bitcoin has lead to numerous formations of Cup and Handle on many strong USDT Altcoin pairs such as ETH/BTC Death cross on the MA (100/50) will help with the short and then looking to long...
If you look closely, using the 20-50-100-200 EMA, the 200 EMA is about to finally cross 100 EMA. When this happens, the 200 EMA will be at the top, followed by 100 EMA, then 50 EMA, and 20 EMA at the bottom. This is the hallmark of real bear runs in every market ever. Also, if we look at RSI, the price level is still lower than March, yet the RSI is much higher...
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...
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...
Neutral for now we've been in bearflag limbo for the past 15 4hour candles......looking at the day chart however it currently looks like the Death Cross(50SMA crossing under the 200SMA) is still very much capable of happenign and unless one of the 2 lines drastically change their trajectory we will be looking at a death cross come April 3rd. Omkar Godbole has a...
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...
Facebook has been hit pretty hard due to the data leak FUD. Users are questioning weather Facebook deserves their service after their data was leaked. Facebook has not seen this much volume since 2014, and I believe a one to two month correction is imminent. in the past, Facebook has been known to wedge in price after a correction and bounce back to all time...
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...