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Movingaveragecrossover

Bulls to project first targets.Recent confirmation of leaving the bottom of 40W cycle behind has started fast pace of raise for BTC and other important altcoins. As drawn on the chart we have got first estimation of local target, mid way of the bull run that has started just now. By extending moving averages of recently confirmed cycles, we estimated the point where bitcoin should top off and have some retrace before next stage of this 40W. We estimate the top at 33k by 26th of December along with the top of first 10W cycle. Of course adding some standard deviation is essential for managing the risk level. Bitcoin is getting more and more stable along with the influx of huge institutional funds. It is getting out of being just a speculative asset but a serious instrument so we would not expect some 10k moves but rather a steady up trend. Then we should see some trace back in January, that would lead us to the proper high of the major 40W cycle somewhere between February and March 23. Precise numbers we can estimate after we top off this first 10W cycle that we are riding now.
BITSTAMP:BTCUSDLong
by bartekhl
Is Bitcoin over?Hello again! In my last analyses I have accurately predicted Bitcoin's movement and in Dec 2021 stated the bottom is below $20k, somewhere between $18-14k. BTC has dropped to $17.5k and I'm not trying to guess is it the bottom now. Perhaps it is, perhaps we're about to have another one slide, slightly below 18-17k but if nothing spectacular will happen (like idk, tether issues?) I'm not expecting it to drop anywhere lower than $17k atm and all I want is to focus on the bigger picture right now. So don't look at it as a short-term analysis, rather at a situation that would hopefully happen in next weeks- months. What I'm trying to show you is moving averages and giant falling wedge that is creating. MA30 and MA 210 are really close to each other and in all history of BTC they have never crossed! (red and blue lines). I expect the red line to turn around now and start heading north. To do so BTC has to stop dropping and I believe this is happening right now. Another thing is this vast falling wedge - a bullish pattern. As I'm watching BTC since 2016 this might be the most respected pattern. I believe it will break up soon and BTC's price will start to recover. Orange vertical line is the next halving and the green bars I've marked are my predictions for the next months for Bitcoin. And what do you think? Share your thoughts please! Go north! Tom
BITSTAMP:BTCUSDLong
by JimmyHodl
CPNG - inverse H&SThe techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok if overall momentum is strong). I will put initial stop loss just slightly below $19 and trail stops up if trade is working out. Take partial profits if it is able to reach around 26.5 (resistance there). Let's see if it works out! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:CPNGLong
by Juliac
Merge TimeETH 2.0 is here! Today, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further capitulation and turmoil? At first glance, it appears the merge has been successful. This event will shift the Ethereum blockchain over to new Proof-of-Stake validator nodes which will require staking 32 ETH in order to become a validator on the network. For an investor, holding ETH is now more attractive due to the fact that it is now deflationary. This means that Ethereum is now the highest market capitalisation deflationary asset on the planet. The transfer off the legacy Proof-of-Work system is proposed to lead to around a 99% reduction in the energy consumption of the network. In short, this will make Ethereum much more efficient and allow for significant strides to be made towards crypto’s environmentally sustainable future. Additionally, with the current ESG narrative in investing, this improved efficiency could attract new institutional investors to the world of crypto who may previously have avoided the sector in order to maintain a green image. Another important implication of the merge is that the number of ETH tokens issued as block rewards will significantly reduce. Prior to the merge, around 13,000 Ether were mined each and every day. Now, this number will reduce to approximately 1,600 Ether per day. This is another bullish implication of the merge as there will be significantly less selling pressure on Ethereum from miners selling their rewards. From a technical perspective, it appears the market already had this event priced in as in the last few hours we have not experienced any significant volatility that many were expecting. On the daily timeframe, there is a clear example of a symmetrical triangle pattern. Traders will be watching this chart closely as a breakout above this triangle could light the way to new range highs. Conversely, a break below this triangle could result in more pain and a return back towards the $1,400 - $1,450 support range. Another important thing to note is the convergence of MA9 and MA50 with a crossing potentially imminent. MA9 crossing above MA50 would be a bullish signal and provide support to the idea that a breakout above the triangle would be the more likely scenario. 
by Coinrule
Special moment for Bitcoin as it touches 21KIn the last years, BTC touched the 200 SMA on weekly charts three times. During the COVID crash, it also plunged to the 300 SMA. Will history repeat this time? 300 SMA on weekly sitting on 16K or more -23% to go...to hell and back together let's see what happens in the next hours or days. RSI is extremely oversold, even more than Hash Wars 2019 crash. The bottom might be near, but BTC pegged to Nasdaq in an awful moment, making it unpredictable.
BITSTAMP:BTCUSD
by bgullis
S & P - Will it recover ? YES ( Market Future ?)The weekly chart of the S & P shows that back immediately post-Covid underwent a "death kiss " pattern where the SMA10 touched down on the SMA50 and then rose back above it. The S & P then went onto gain about 50 % over the following 18 months into November 2021. Now, presently another "death kiss" pattern is evolving. By comparison, once the S & P recovers in the 4th quarter of this year, early next year while the recession is potentially at its worse, the market may be in recovery mode in its anticipation of greener days of the future ! What is your opinion ? Please comment.
SP:SPXLong
by AwesomeAvani
6
SIDUS/USD - Worth a PuntSIDUS is an online multiplayer game set in space, not yet launched. It's taken a beating during the bear market (poor timing on the launch) but if this can retrace back to the first major Fib (0.236), the upside from here is over 1,700% hence it being worth a punt. My first upside target is 40% The 20ema has crossed the 50sma in the last few weeks and the volume seems to show a healthy increase in buys / sells with steady movement to the upside. Consolidation at the bottom appears to be complete and hopefully the trend from here is upwards. Best of luck if you're in this trade too.
Long
by PhilHumphreys
2
Crude Oil Descending Channel Guiding WTI Lower, Where to?Crude oil prices fell almost 10 percent this week, the worst performance since late March. A near-term falling channel seems to be guiding WTI lower since June. Meanwhile, a bearish crossover between the 50- and 100-day Simple Moving Average (SMA) is underscoring a bearish posture. There is certainly room for upside within the channel, with immediate resistance as the 92-95 - 95.11 range. This zone used to hold as support when it was established back in March. Now, it could hold as new resistance. Immediate support seems to be the 85.38 inflection point. A confirmatory breakout under this price could open the door to extending losses towards the 78.6% Fibonacci retracement at 76.78. Otherwise, further gains could see the SMAs hold as resistance. USOIL
TVC:USOILShort
by QM_Dubrovsky
Bitcoin OVERDUE for a BOUNCEHi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. If we use the trusted method of Moving Averages, we can see that the Bitcoin BTCUSDT price has been trading under the 50 day moving average for 248 days (except briefly during April where it was above for 10 days). This means that Bitcoin is oversold, and due for a bounce. Note that a bounce would not necessarily mean a reversal, but just like in April, it's possible to see price action trade above at least for a few days. If you're interested in Solana, check out this idea: Have a great weekend 🚀👍 __________________________ 👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉 Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
25