BTC confirmed daily death cross. ETH is about to make it too. Seems very much like it. My previous ETH usd peak call at 3777 USD/ 3173 EUR: Expecting to see ETH below 1k USD this year, to be honest.
BTC is arriving towards the end of this small wedge, a possible breakout may happen within a week but it might be a bearish breakout given the look of things. Especially since the 100EMA seems like it will cross under the 200EMA in a couple of days.
Bitcoin is gaining mass adoption. Besides El Salvador, other countries are sure to follow, moving further and further away from the inflationary USD dollar that is causing turbulent economic swings in many emerging markets. It is also important to pay attention to Bitcoin's little brother, Ethereum, which is about to release its London Update. If the London Update...
Advancing phase done, we're now down to the declining Phase... This could last for a few months,but the chart is well detailed
The battle between bulls and bears continues unabated. The bulls are diligently supporting the support line, but will it hold this time? If it holds, BTC could break out to the upside and head back towards 35k or even higher. This is not an investment recommendation. This is my opinion only and does not imply any advice to buy or sell Bitcoin.
Apparently the Bulls are attempting in vain to cushion the Death Cross, but seemingly they are not managing to do so, despite good news from Paraguay. There is a good chance that the price will fall further before it settles Time will tell. Elon Musk's tweet can be also classified as bearish.
Despite good news from Paraguay, the Bulls cannot deny the emerging death cross on 1D. The negative headlines from China are still current and many miners still need to relocate before we have positive fundamentals. This could take a few weeks. The current buying attempts to move the price to the 40k mark are attempts to save the current short term trend, but if...
Okay, I believe that the death cross will have very little influence on the local bottom of BTC price as I think it's already been factored for. An interesting pattern i can see forming is an ascending triangle pattern with the Gann line as support and the red zone as resistance (area between the 55 and 200 EMA) . I believe once BTC is able to break past this...
Look out for BTC death cross if it successfully cross market can crash for mid term. Hopefully that should not happen, otherwise be ready for $28k - $30K.
20MA is very close to crossing 50MA and 100 MA. The 20 over 50 cross will probably happen during the night (a time which whales like to make moves). That's usually a small buy signal, but given the regain of strength of BTC lately expect anything. The 20 over 100 probably by tomorrow. This is a bigger buy signal that will probably break us out the wedge...
Not much to say hey
If the cross happens at that moment where there is already so much momentum, there is potential for a record shattering ATH. A bit of a wild prediction since 20ma and 50ma's directions are hard to follow. But let's hope I'm right.
Price approaching an area where we have multiple confluences: - 100EMA Support - 78.6 Fibonacci - Trendline Support - Structure Wait for buying pressure on a smaller timeframe near the 78.6 Fibonacci.
1st Area: - 100EMA - Flat Triangle Support - Previous Structure 2nd Area: - 200EMA Support - Trendline Support
Good morning everyone, I wish you'll doing well, as you can see we have this Golden point on XAUUSD which gives us a good signal that the market is going long, moreover our SPRING BOX which gave us the signal before the GOLDEN POINT. Buy XAUUSD and enjoy your day. ( For TP and SL put them on your own, i don't use them because i follow my strategy and it gives me...
how come no one told me? anyway, looks good. #silversqueeze
Golden cross is when 50 ma comes under 200 ma, and this is the first time it has happened. This combined with COIN IPO and altcoin season, and zcash being supressed for past 3 years will be insane imo. DO YOUR OWN DUE DILIGENCE. I AM NOT A FINANCIAL ADVISOR.