I like to consider bullish and bearish scenarios, this outlook would be bearish for at least a couple of months, or even into fall of this year before returning to bullish again. Pre-requisite is losing a daily support area between 36.5-40k
This is the 2nd time the 50/200 week SMA has crossed. The first time was a little under a year ago around early to...
📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red =...
Comparing it with the same event in S&P 500 history of 50/200 week MA Cross, it brought nearly an average of 40-50% collapse every time, sometimes 8 weeks ahead of the cross.
Price has respected 38% and 50% fibonacci support, broke 60% resistance now turned support.
There's a golden cross and price is now sitting above the short MA which could mean a breakout targeting the 78% resistance level .
LET ME KNOW WHAT YOU THINK :)
Arsenicolupinx
If Axi can make the move upside and break the downtrend ,back test and consolidate above the trend line
The next resistance will be 82USDT
MA Cross signal is strong!
If Gold breaks out of that bull flag, I see a further dip down to 1720, 1700...Signal: Buy Gold at CMP guys or wait for a breakout from the bear flag to the downside and you can take a short position.
The analysis will be similar for most coins at their current state so don't be upset if the phrases are the same.^^
We see an increase in volume which signs a rise in interest.
The purple line shows that we are in an upward movement with higher highs and higher lows.
Recently a cross between the 50MA and the 200MA occured where finally the 50MA is on top...
SUPER is the currency for the game Superfarm (where NFT's can be collected and used) created from Ellio Trades (Youtube).
Since the launch on Binance SUPER dropped hard after a starting rally.
Currently it looks like we get a trend reversal which is not confirmed yet.
The RSI is around 40 and looks like we can expect a parabolic recovery there.
We spot a recent...
EPS continued its downfall during June as most other coins did as well.
However, for the last two weeks we look at a small trend reversal where we see higher highs and higher lows following the purple line.
We also did notice two bigger volume pumps that increase rising demand.
EPS provides low slippage swaps between different stable coins like USDT, USDC and...
Good day Traders. BTT is looking good on the 1H, all bullish crosses on the MA's. Nearly at the apex of the ascending triangle. We need to break 0.0135 & find support above. Lets see. Not financial advice. Please leave a like if you agree or let me have your thoughts below. Cheers.
Hi. In this 1D chart I've plotted a few things: the recent MA 56 crossing that marked a trend turn, the approaching resistance zone from November last year and an interpretation of the movements since then as Elliott Waves.
You can also see:
There is still rooms for the Williams 224 to climb further.
The historical volatility is lower than it was in...
After out last prediction we did manage to reach a high of around the $60k level of the previous high on March 20th. Struggling to break our long term trendline that can be seen in our previous ideas, and unfortunately falling short of our price target. With seeing around a 5% retracement back to the level of around $57k where there is huge support. today we have...
Hi. In this 1D chart I've marked an impending Golden Cross: the point where a MA 56 is very likely to cross a MA 224 upwards.
With this I've also plotted out a Resistance zone and a Support zone. The price has just entered the Resistance zone but instead of turning back this time the momentum of the Golden Cross should push it past the Resistance zone.
I've...
MA Crossover trading
Trading the crossover MA is simple - if the fast MA crossed from below the slow MA, it means a further uptrend is likely. If crossed from above - it means a further downtrend is likely.
Look at different time frames on the chart to find Crossovers.
If you are looking at smaller time frames, then remember to look at the higher time frames...
Everything is lining up exactly as it did 3 years ago. Even the dates are almost identical.
I dont know how high this will go, but am expecting an explosion in price within these next 2-4 weeks. Fingers crossed
