Backdrop Since the positive pre-announcement of last week, the stock has popped and broken its up-channel resistance at $12. All the while, the SMA 50 has crossed the SMA100 to the upside, providing a "golden-cross" positive cross-over setup. The stock has since given back some 8% - Been waiting for it to consolidate towards the resistance-turned-support. Trade...
Welcome to everyone! ARN has been looking for a break out and it finally happend! Now there are 2 profitable scenarios that might happen in the future, which I will only trade based on the price action on that very moment since that can still have a enormous impact since this is a very speculative trade setup. Trade setup 1, we go in a uptrend and we find our...
BTC solidly broke through the downtrend from 20k which rejected twice before, The 100/200 EMA has crossed back on the 4h timeframe and below so it's all looking like rockets are fuelled for take off, ~BUT The next step is the long term S/R line around 11.8k which has been showing up since the December bull run. We're edging closer but bumping along under it...
Chart asked from a VIP member what happened with ripple? DEATH CROSS in 20th JAN. what its this? "A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level ." Its a SELL signal, since DEATH CROSS XRP down 65% in value! But here we can se a reversal and XRP up 87% from last...
Gapped up after ER. 50/128 D Moving Averages about to cross upward. Watch for the price as it dips into the goldencross. If confirmed, entry target near $242-244. Upside targets $258-264 (adjust stops accordingly) Stop loss @ 237 (previous support). 5-10 day horizon
I've been long BINANCE:XRPBTC since November of 2017. It's pretty different than other cryptos, at least in a sense. The long-term goals of bringing efficiencies to the bloated traditional financial industry, in my opinion, means that BINANCE:XRPBTC has nowhere to go but up in the long run. We've seen major movements as BINANCE:XRPBTC rapidly moves on the...
Nice strong looking chart! Looks like a new cycle is coming. This is where the magic happens, a golden cross is almost appearing at the end of the downtrend. RSI is looking strong and bullish. There might be 4 resistance points on the road to a new ATH. Good luck
What are your thoughts? If you have recommendations or tips - please, let me know below at the comment section. /Pat
How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-) A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite...
> CFI is travelling through cloud journey,as such making assumptions is purely on a nuetral basis. > Golden cross is about to happen on 4hr time-frame. > 1st Target - 1920 > 2nd target - 2153 >Second target also matches with cloud resistance.
ETC/BTC appears to have completed a market cycle, and could enter a sideways period of accumulation before starting a new cycle. A potential entry based on a precursor to a possible golden cross is also present. 34EMA has crossed above 50SMA, and candles have closed above both. Good time to accumulate here, and wait for the 50SMA to cross above the 200SMA. If...
STRATIS is probably forming a bull flag. And there seems to be an upcoming golden cross on the 4hr chart. Noobs who sold the masternodes news shall repent. BTC Tipjar
POLONIEX:ETHBTC has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016. Price structure 2016: Price structure 2017: Volume and StochRSI: 2016 2017 RSI 2016 2017 Note: POLONIEX:ETHBTC correlation to alts cycles could have been affected by the high number of...
ENTER 26.81 STOP 25.71 TARGET 51.14
... and plenty of catalysts ahead for long-time investors too :D
ENTER 30.51 STOP 30.05 TARGET 41.31
ENTER 55.14 STOP 54.56 TARGET 62.39