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...
Usually this means 80% probability to meet the median line (red) Good Luck!
BTC did a nice impulse up but failed to break the previous high. We are currently retracing and are near the golden pocket where I expect price to bounce. We should monitor PA around the manage trade line. Once we get past this resistance chances are very likely that we'll see a re-test of the previous high where the eventual end target for this trade is.
LTC is currently in a steep downtrend on the ltf chart. Expect price to stall in the golden pocket and bounce towards target.
Nuls is in a retracement wave after a strong impulse up. The golden pocket is an area to look for fresh longs as nuls is likely to bounce from it.
Gold pushing up to the resistence if failed to break can fall to fibs 50% retrace. Let's wait for a sell signal Cheers!
Exciting to see that it seems inevitable we will see the golden cross on xrpusd come wednesday. A small retracement on tuesdays candle is not a bad thing as it brings price action closer to the golden cross for the time it occurrs which usually tends to give it better odds of being a sustained golden cross. We might not see price action respond immediately but it...
Hello Friends, I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon . Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in...
BTCUSD continues to climb and plenty of weak hands have been taking profits prematurely and missing out when it continues to pump. They fail to see how we could raise 78% from the point of our golden cross before any serious correction which is around 9.6k. That's because they aren't looking at the fact that btcusd did exactly that at the beginning of the previous...
must keep a very close eye on this weekly 50ma we are now above...it can easily still get rejected and even though we are above it at the moment until we sustain it as solidified support it has great potential to ultimately reject priceaction and send us back down for what will likely be higher low...how far down that will be is hard to say but it can drop quite a...
Seeing a golden cross on the daily ETH USD chart should be a long term bullish signal, meaning that for the next several months prices should move higher on average for ETH. LTC experienced a golden cross several weeks ago and prices almost doubled from that point on. Will ETH achieve the same results? #notfinancialadvice
What a great and complicated chart to make some analysis on. Let's start. First of all: nothing to worry, yet. We made 10 consecutive days with a single retracement, starting around 4100$ up to 5400$. A correction here is not only healthy, it's necessary! As you can see from the chart, we were following a well structured channel, and today we clearly broke it,...
Just a snapshot of the daily LTC chart against USD and how previously golden cross and death cross proved to be strong indicators for trend changes. If the recent golden cross provides the same result, we're in for much higher prices in the coming months. #notfinancialadvice
I appears that the stoch rsi is finding excellent support on the strong ascending 3 year old trendline keeping momentum bullish for now and has helped to increase the northern trajectory of the 1 day 50ma(in orange) to where we currently have a golden cross on track for as early as April 11th. Of course any significant selling from now until then will likely push...
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...
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.