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Deathcross

Greg Dickersons's Technical Analysis on BitcoinHey Traders, As you can see on the Daily Chart of Bitcoin (BTC), the death crosses of the 50 & 200 EMA are eerily similar. From the Wick Top on April 14th to the Death Cross area on June 19th was 66 days. And then from there, it was 31 days to the market price bottom. Fast forward to current times, the Wick Top on November 10th to the Death Cross on January was 15 days. This leads me to believe that we possibly have 31 more days until the bottom is found. Lastly, look at 31.5k and February 15th as they will be important buy areas. Credit to Greg Dickerson (TA Youtuber) for finding this. Safe trading, -Pulkanator
INDEX:BTCUSDLong
by Pulkanatir
2
DAX: DEATH CROSS - BEWAREThis is a death cross on the 4H time frame. It may not show on many higher time frames. Some traders wait to see the death cross on the 1D time frame. By the time that develops, the market is ready to rebound. I always stay 'under the hood' of the daily time frame, cuz that's where the action begins. The 4H is my fav time frame to get an idea of what's happening, based only on my experience. The DAX and other indices have basically followed Wall Street and the NASDAQ - they're all interconnected by undersea cables. Some $USD 10 trillion in financial transactions pass in those per day. Anyways the markets have been so heavily pumped that I don't think the FED can save them now. This time around in contrast to 2020, it is so overheated it's now become silly. Air money cannot support markets forever. Right now people are losing billions (collectively) as the markets head south. Will they throw in the towel? Not soon enough. If you're a trend follower the 2H or 4H ATR lines are nice ones to follow. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FX:GER30
by Captain_Walker
BTC Bitcoin: Death Cross ScenariosHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin (BTC). The Bitcoin price on the one day timeframe is about to meet with a Death-Cross (50 MA goes below 200 MA). Historically the Death-Cross is a bearish lagging signal which indicates the price may drop. It doesn't always happen but when it does, the price falls quite a bit. The chart shows that the prior Death-Cross got to the multi-month support trend line before it started moving back up. Assuming that happens again, the price may drop but there is a good chance it gets supported by the support trend line. If the price doesn't drop, keep an eye on the upcoming red Ichimoku Cloud which may be an area of resistance. Volume has dropped again and RSI is about the reach the resistance line. Shown in the chart: Rising Wedge Pattern, Ichimoku Cloud, Support and Resistance Trend Line, Death-Cross, Simple Moving Average, Relative Strength Index, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSD
by MillionaireEconomics
9
A Death Cross for Bitcoin?I see many people speaking about "The Death Cross" that's just appearing on the Bitcoin chart. The Cross brings some fear with it, and I can't just understand why, since it's not really a concerning one. But let me explain. A Death Cross is only strong and meaningful as long as Both SMA (50 & 200) are pointing to the downside - both SMA need to be declining. Many Traders do also Check the Volume. If the Volume is Rising with the Cross, its more likely Valid, if the Volume is declining it less likely. Personally, I don't really use the Volume to Confirm. I check the direction of Both SMA. Edit: In my Opinion the Death as well as the Golden-Cross are really really bad Indicators since they're lagging really hard. Don't get fooled! If you like my Content, hit the 👍 and/or comment and make sure to follow. This Analysis is not intended to be investment advice. Always DYOR.
BYBIT:BTCUSD.PEducation
by blauersamt
7
BTC/USDTToday Bitcoin (Market Giant) update: As you can observe in the Graph 50MA (yellow trendline) crosses 200MA (red trendline) which in other words consider as DEATH CROSS that's stands for a DIP (Bearish Movement) so based on Analysis if it happens so I think we will be seeing Dip once again in other words another Good opportunity for Buying. Based on previous Analysis I mentioned that it could lead BTC/USDT to the level between 42,500 to 40k. First level already achieved Hopefully we don't see the consequence of Death cross as they can be refer as Lagging indicators too. On other hand BTC/USDT has shown Good Move since yesterday. You can agree to my point or disagree it's totally upto you but I was just sharing my point and to make you all aware. Keep in mind my analysis are always based on fundamentals and technical indicators. This could be wrong too but I sence it most probably.
Long
by Hasnat_Yusufzai
3
🔥 Bitcoin Death Cross: History Predicts Short-Term PumpWith BTC trending down, it was to be expected that we were going to get a death cross soon. A death cross occurs when the 50-day SMA (blue) crosses the 200-day SMA (yellow) from above, which is typically a bearish (lagging) indicator. However, I'm seeing a big probability for a short-term reversal. Whether the reversal will be bringing us back to all-time high values remains to be seen. Over the last 6 years we've seen several death crosses occur. You can clearly see that BTC will turn bullish in the days before the death cross. See snapshots below. 2021 2020 2019 2018 2015 When we combine the knowledge from above with the fact that BTC is currently trading in a massive area of reversal makes me believe that we're likely going to see a bounce of some kind. See below for my BTC support analysis. Happy trading!
by FieryTrading
19
A Complete Analysis of Bitcoin : Both Bull and Bear Side!!! This post is about Analysing Bitcoin using Multiple Methods and discovering important levels to watch for Bitcoin. I will be reviewing and analysing both Bear and Bull side of Bitcoin. ---------- 1) Important Levels for Bitcoin ----------- 1. Using Support & Resistance :- As you can see 39-40k is First Key Zone to watch as Demand Zone for Bitcoin. 2. Using Log Regression Channel :- Using this method, we can see by extending Lower side of UPPER Channel of Log Regression Channel that 38-39k might act as strong support where BTC might bounce from. 3. Using Volume Profile :- First Big Volume Shelf is sitting at 39-40k Zone, that might be indicating Strong support Zone in that area. 4. Using Fibonacci Levels :- Using Fib Levels, we can see that 0.618, the Golden Ratio Zone is also sitting at 40k Level. Thus, Four Different Methods are Indicating 39-40k Level as STRONG SUPPORT ZONE from where BTC Might Bounce from. ----------- 2) EW Speculative Count for Bitcoin ----------- 1. Long-term Elliot Wave Count :- I do believe we are in Wave 4 right now and Wave 5 would be coming that would take BTC upto 80k-100k level. 2. Mid-term Elliot Wave Count :- In Wave 4, we are working on making an Expanded Flat Correction and We are in Wave C of ABC Correction of Wave 4. 3. Short-term Elliot Wave Count :- We MIGHT be in Wave (b) of Wave B of Wave C right now. For Explaining my idea of Expanding Flat, i would like to attach my previous idea here :- -------- 3) Why Bears are looking Extremely Strong ------ 1. Head & Shoulder :- Bitcoin has printed a very clean Head & Shoulder Pattern on bigger timeframe with Target Price on 16-17k which is endangering for Bulls. 2. Death Cross :- A Potential Death Cross might be coming for Bitcoin. 3. Bear Flag :- Below we can clearly see that Bitcoin has broken down from a Bear flag. ------- 4) Why do i Expect a Good bounce soon from BTC for Bull's Sake ? --- 1. Divergence on Weekly Timeframe in Making :- Massive Bullish Divergence in Progress on Weekly Timeframe. 2. Divergence on 2-Day Timeframe in Making :- Massive Bullish Divergence in Progress on 2-Day Timeframe. 3. Double Bottom :- A Double Bottom MIGHT be in making and upon further decline in BTC Price 38-40k Zone should act as Good Support Zone. 4. Logical Reasoning :- If BTC would move impulsively and Bounced strongly from 38k-40k Zone then, when Bitcoin will go to 48-50k or even 53-56k then it would change mass mentality from Extremely Bearish to Here comes the moon and here comes the 80-100k, the moonboys. It would be a perfect DEAD CAT BOUNCE up until 48-50k or even 53-56k from 38-40k Zone. ------ 5) Short-term Bitcoin Expectation ------ 1. Some More Downside :- I am expecting BTC to retest 38-40k Zone and this is just wait game now. In the end, i would like to Mention, Market can do whatever it likes to do. Market likes to Teach us a lesson EVERY SINGLE TIME. Thus, I am fine with being Wrong. Bitcoin just might go up from this point, who knows. But, we have to determine and analyse all possibilities of what might happen and follow one Biased approach that seems more likely to OCCUR. But if BTC actually did not bounce from 38-40k level then 30k would be the NEXT Major Support Level i would be watching for. None of the info given is a financial advice. These are my own views that what i am watching and expecting and looking out for. I hope it will give you clear information and certain levels that i am watching. Also, please do let me know if i made any mistake.
INDEX:BTCUSD
by StunnerStock
12
$XAUUSD - Triangle pattern continuationHi guys! 👋🏻 🔔 Daily XAUUSD chart projects a triangle pattern, and signals the retest of the lower edge of the triangle, based on the pattern’s rule. 🔔 Moving averages on a daily XAUUSD chart also do not favor the Gold bulls. MA200 and MA50 both are above the closing price of XAUUSD. Remarkably, the 200-day moving average is above the 50-day MA. This formation in technical analysis is referred to as a “Death Cross’ and always is a bearish signal. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
OANDA:XAUUSDShort
by azizelliott
BTC Approaching Potential Death Cross 5-7 DaysWOW! BTC - Old Logarithmic Discovery - on the Daily The heading will be relevant IF Price consolidates or continues down over the next 5-7 Days... But do read the rest of my observation... I opened an old log chart I hadn't looked at that had a Fib Extension I had drawn back in Feb 2021. I was amaze how well the 1 Fib aligned with the recent ATH before BTC capitulated. From there I cleaned out some old irrelevant lines other than the Macro Trend Line from the March 13th 2020 dump at $3,730 . I then added a couple relevant lines, and callouts. I noted the last 2 consistent Death and Golden Crosses along with the current potential Death Cross if things continue down. It blew my mind how the current POC (Point of Control - Red line) is almost dead in line with the old .786 Fib It also blew my mind that when as to where the '1' Fib line intersected with the old $3,730 Macro Trend, which was almost a signal that we were approaching the beginning of the end of the bull run. It's almost as though as soon as we fell below the Macro Trend after the Death Cross, we weren't able to get back above the Macro Trend even after the Golden Cross. The thin white trend line at the current price action is showing resistance still. So if price can't retest above that thin white trend line over the next 5 to 7 days, we may have a Death Cross on our hands... 1st chart is a view of where the old trend line started... 2nd chart is the zoom-out 3rd chart is the local zoom-in
BYBIT:BTCUSD.P
by CryptDude
It could be the last chance for BTC 🦬Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BTCUSDT- Daily Time Frame - Candlesticks 📌 Bull Flag - Fractal - Support Resistance zone 📍So, BTC is playing around the 45k - 48k price zones lately and decisions are really hard to make at the moment. Therefore most of the traders have no clue in which direction price may go further. 📍I can see a possible bull flag here like the one we have seen at September this year. 📍 This bull flag is also combined with a three drive pattern which also can be seen here in the chart. Both scenarios are bullish for mid-long term 📍 There is also a bullish divergence in daily time frame in RSI which can make the price grow BUT 📍 There are a couple of new scary bearish signs in sight, like: 1- HUGE monthly bearish divergence 2- Double Top in monthly time frame 3- Double Top in weekly time frame 4- Double Top in daily time frame 5- Close of the RSI below 50 level in weekly time frame 6- Daily ichimoku cloud 7- POSSIBLE Death cross in daily EMAs 8- Close of daily candles under the 200 EMA 👉🏼 Here is the RSI bearish divergence along with double top pattern which is really scary, and the scariest bearish sign that can reverse the price 📝 In conclusion, 40k-44k price zones is very important; once they are broken we have to worry for long and mid-term price reversal 📝 The next very important price zone is the 29k-32k; we can expect a very long wick to those levels once the 40k level is lost 👉🏼 Here is my bullish flag TA in 27. September which did not get enough attention and everyone was worried about the price reversal :) 📝 As a matter of fact this time I'm less bullish with all those bearish signs! THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION GOOD LUCK NP TRADER
Long
by C_EWAVE13
4