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Death-cross

Bitcoin VS USD on 06.23.2020I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... I have recently posted a new and my 2nd attempt at a real indicator two weekends ago... It's called "The Complex"Red Line" vs Simple"White Line" Moving Average "Beta" the same basic idea as my 1st indicator but it looks at more moving averages... My 1st real indicator is called "Hello VWAP"... It takes a couple of "SMA" with the "VWAP" and combines them in one white line on the chart... On the daily chart, The price of Bitcoin has gone into a wider BB after yesterday's power move... You really can see it over on the daily chart, but back to the BB... It's based on the ohlc4 prices... The price of Bitcoin is holding my indicator and even have bounced off it 1-2 times today, so I am looking for a higher price to come sooner from later... The MACD is using the Simple line in red on the chart, it's the same coding that I use for the "Hello VWAP indicator" and it's looking like it's going to come down for a little while... But don't forget it's just the hour chart! Now on to the Day chart, The price of Bitcoin has just made a power move back two days ago and has not come back down under my indicator... I'm thinking this is a new lag to the upside, look back to the last time that Bitcoin did make a move up and over the two lines that make up my indicator... Yes, it did dick around for a bit, but over time it did make a great move to the upside... But this time I think it's looking better because we are coming out of the COVID lockdown in at least in some parts of the world and there has been a lot of money being used to help the economy out... Also, see what I am seeing on the SPY chart "it's in this (idea page, just under about Bitcoin)" Back to the chart and to the MACD it's using the "Complex line "white" on the chart to do its math" and the colour just change in the last two days which is helping me to confirm the move to the upside... But using the MACD and the Simple line in red on the chart things can be looking a bit better, but if you want to play it a little safer this may be the way to go for you... But again PLEASE DO YOUR OWN HOMEWORK Now on to the SPY index, I'm just doing the day chart for now! It's looking to be the move to the upside may be coming to a close soon, because the price of the SPY is coming back down to my indicator... and it has tested it two times over the last 4 weeks or so and using the MACD that is doing its math on the complex line "white line on the upper part of the chart... It's starting to come very close to crossing over and making a death cross soon... Note if you want to chat about my indicator or just about anything that is related to trading overall, just send me a DM ... Thanks for reading this post and happy trading!
COINBASE:BTCUSDLong
by ADHDing_
This is my look at Bitcoin VS USD on 05.28.2020I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... This is my look at Bitcoin Vs USD on 05.28.2020 This is an experimental indicator that I have made and testing it out... It is using the EMAs the white line is 13 EMA, the green line is 55 EMA and the yellow line is 89 EMA ... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing down like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head higher in the next couple of days and using the RSI and the MACD that should be happening sometime over the weekend or early next week has helped to confirm that for me... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing up like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head down in the next couple of hours and using the RSI did have a couple of death crosses over the last day or so and the MACD looks like it will have a death crosses any time now! What do you think about this, a good idea or a bad idea?
COINBASE:BTCUSD
by ADHDing_
2
Sequential Bottom. Death cross-50,200 day MA. Retest Imminent What most people are overlooking is the 2011 market decline. I think we're going to see a sequential bottom with an undercut of the prior low. It happened in 1974 in which there was an Oct. low with a subsequent Dec. low. It happened in 1980 with the bunker hunt decline, in 2001, in 2008-9. Point is we historically have had secondary tests. This death cross of the short term MA crossing through the 200 is signaling an imminent retest. So, it would make sense for the sell-off to occur this week because I think we're yet to see major equity selling during this Quarter-end pension fund rebalancing.
AMEX:SPYShort
by TheMandalorian27
11
BTC Death Cross Taunts 4 Hr Chart - Pivotal Moment Since last post Bitcoin has failed to find any support & price dumped to now test the 0.5 Fib level and 200 day moving average. We are currently attempting to Find support at the 0.5 Fibonacci level. Intra-day timeframes looking bloody and beaten. Bit of bearish divergence on 1hr chart. If we continue to fall next target would be around $8300. ON A POSITIVE NOTE We are heavily Oversold on the Daily & 4 Hr Stochastic RSI. The Stochastic blue line has just dropped out of overbought territory on the Weekly chart. In previous posts I shared these possibilities & the potential they had in playing out. Unfortunately they did. And now we all know Bitcoin is a scam ;) Its bad day for short minded person. Thats not me. Cheers Not Financial Advice
COINBASE:BTCUSD
by MitchMilli
#BitCoin Update for 02.17.2020We have seen a little pullback in the chart of Bitcoin on Coinbase, It has started to test the 9 EMA in yellow and the 18 EMA in blue... On the hourly chart, it should cross soon that is going to give us the 1st golden cross since Friday... But the BB is quite tight, so that is telling me there is a bigger move that will come soon, lets all hope it's to the upside... Going to the 4h chart, and looking at the MACD it's going to have a golden cross soon, with the hourly chart going to have a golden cross... I can see it soon re-testing the yellow line in the $10100 zone and I hope it brakes it and go up from there... Out on the daily, the MACD is still looking like it wants to head down even more, but that's ok with the hodlers and like me the miners... It's just a better place to get that BTC... With the 9 EMA in yellow and the 18 EMA in blue... It doesn't look so good, it may go and give us a death cross... I have seen a video from "Benjamin Cowen "He gives a different view on the crypto markets"" on youtube, that golden crossing may give a big red day... But the market should continue going up like it was before the crossing... Have we seen that big red day? On this chart, the blue line is the VWAP-Anch it did start on 01.01.2020 at 00:00:01 AM UTC... So far this year has been good to us, but I can see it re-test it again this year... Because we are so far above it, I can see it coming back down to it and maybe have a day or two under it just like it did in early January... In this chart, I am using the blue VWAP-Anch like last time, but the white line is the VWAP-Anch from all-time high on Coinbase and the yellow line is from about the bottom of the market from the top of it... I'm loving this chart so far this year, look at the price and the 2020 VWAP-Anch it's over the other two... I can't say how high this market will go, but I can see Bitcoin making some big moves soon... I'm looking to the upside... Going out on the monthly chart and using the Ichimoku cloud the price of Bitcoin is trying to get above the clouds... Will it get there and will it stay? But I think this pullback is a good thing, it would be nice to see a mooning Bitcoin price... But the aftermath would not be so good, look back since the top two years ago, I don't want to see a falling price in Bitcoin for the next 2-3 years and don't forget all the people saying Bitcoin is dead... We want time for people to see the charts and get acquainted with the technology and what it can do for all of us...
COINBASE:BTCUSD
by ADHDing_
Here's your 2019 Death Cross close point 5:00 p.m. October 29th Break out above 9500 or below 9000 Stop loss At 9000 or 9500 Retest heavy resistance at 9800, if confirmed = short entry This is March 1, 2018. We broke downward of the 200 DMA. Then MACD coming hot and fast back up to 0 breaking above the 200 DMA with it. RSI setting a new lower high after a new lower low which came after the three over bought peaks matching movements with the MACD. These key points are happening here again but on a shorter time span. Differences here, 2018 this lead up to the death cross, and 2019 the death cross is now. point 1 Nov 15 BTC 8300 Upward trend from the last 6 months Upward trending support starting from April 1 and tested the 200 DMA on Apr 25. A false break down of this trend on Oct 23. Giving the weekly MACD time to consolidate to zero and a good setup to test point 3 point 2 Thankgiving BTC 8800 200 DMA Where the previous stated uptrend meets it's top to it's triangle at a closing point of 8800 the week of thanksgiving, The 200 DMA should cross through this point. point 3 Thanksgiving BTC 10600 THE SHORT The point where this whole thing comes together from the weekly. This point at Thanksgiving would be the key factor deciding which trend we follow, possible challenge to cross back north of 200 DMA, mostly bearish based on the weekly MACD and if the stochastic RSI recharges to half. Grab you short here, maybe the last high before another year of consolidation. point 4 6 Months after point 3 BTC 6700 THE CLOSE Give the weekly MACD 6-10 months to consolidate, go under, and find our bottom supports, meeting up with the 200 WMA around 6700, then the next wave should begin to the 9-10k mark and consolidation again. Call me again in 2021 when we have another rally past 20k
KRAKEN:BTCUSDShort
by SHITSHILLER
S&P 500 TopI believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. I am calling a top in the S&P 500 and the charts pretty much speak for themselves. What is most important to me is the death cross with the 50 & 200 day MA’s along with the 200 flattening out after a multi year trend. I am also viewing the current range as a Wyckoff Distribution pattern. From here I would expect a breakdown of the ice line or one last dead cat bounce to retest the middle of the trading range at $2,700 - $2,725. The 50 day MA also happens to be waiting in that area and if that does get retested then it would provide a high probability short sale entry. Same goes if we get a daily close below the ice line. When we zoom out to the weekly the picture does not get any prettier, in fact it provides very important confirmation. We broke down the 3 year bull trend line and promptly turned it into resistance. The 22 week MA has rolled down, with the price below it, for the first time since the last presidential election. This week also just closed a bearish engulfing candle. According to Thomas Bulkowski: “the bearish engulfing candlestick serves as a bearish reversal in 79% of the 20,000 examples that I studied.”(1) I have been fully out of my S&P longs for over a month and now I’m fully entered into shorts. That is due to the price closeing below the 4, 9, 50 & 200 MA’s on the daily combined with a death cross with the 50 & 200 along with a bearish crossover with the 3 & 9 MA’s. This is confirmed with the weekly closing below the 4, 8 & 22 MA’s with bearish crossovers across the board. If you would like to learn how to use moving averages more effectively then I would strongly recommend subscribing to Tyler Jenks Hyperwave youtube channel and starting with the following video. www.youtube.com (1) thepatternsite.com
FOREXCOM:SPX500Short
by Sawcruhteez
Bitcoin Daily Update (day 230)I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. I recently posted Bitcoin Bubble Comparison - 3 Day Chart . It provided new dates and prices for the bottom, however it’s still slightly too early to abandon my predictions from the previous Bitcoin Bubble Comparison ]Bitcoin Bubble Comparison: 1 day - 5 days = < $5,750 | bottom prediction: $2,860 by 10/30 | Calling for $35 ETH around the same time Previous analysis / position: “If we breakdown $6,370 then it would confirm the bearish harami as well as the hanging man. If that were to happen I will be prepared with a small stop order set to short $6,369.” / Short USDT:USD’ from 0.968 Patterns: Descending triangle / bearish harami Horizontal support and resistance: S: $6,410 | R: $6,454 BTCUSDSHORTS: Really started to look like they will break out of the triangle to the upside. Once volatility picks up so will volume and we should see unprecedented levels of short sellers. Funding Rates: Longs pay shorts 0.01% Short term trend (4 day MA): Bullish (price above MA) Medium term trend (4 week MA | 2 & 32 day MA’s): Bearish | Bearish Long term trend ( 32 Week | 50 & 128 day): Bearish | Bearish Overall trend: If daily closes below $6,438 then all will be bearish Volume: Surprised volatility didn’t continue after the volume spike on the 15th. Now we are back to painfully low levels. FIB’s: 0.618 = $6,530 | 0.5 = $6,441 | 0.382 = $6,351 Candlestick analysis: Harami inside a harami. Can we get a 3rd matryoshka doll? Ichimoku Cloud: 4h cloud acting as strong support at $6,424 TD’ Sequential: Weekly red 2 will fall below a red 1 at $6,086. Placing a stop order there could be a good idea Visible Range: Gap in volume from $6,246 to $6,371 with 5 day look back Price action: 24h: -0.1% | 2w: +/- 0 | 1m: +2.95% Bollinger Bands: Daily MA acting as strong resistance Trendline: Top of descending triangle ~/= $6,725 Daily Trend: Chop Fractals: Up: $6,792 | Down: $6,057 RSI: Hanging around 50 on most TF’s. 4h is a little overbought Stoch: Recrossing bearish on 12h, going for retest on daily after creating higher high Summary: I am closely watching the red trendline on the USDT:USD’ 1 hour chart as well as prior historical support at 0.9642. As long as it stay below those areas then I do not feel very comfortable about holding a short on BTC’ or ETH’. Furthermore I am strongly expecting the lower wick from October 15th’s candle to get re explored, similar to what followed October 2nd’s candle. If it has another selloff then BTC’ and other cryptos should get another pump. If it stablizes then I will feel comfortable going back to my normal approach of 99% TA Nevertheless, trading is about risk reward and properly managing positions. If the r:r is tilted too much in my favor then I will open a large position regardless of what is happening with Tether and I will use a market stop loss if need be. I posted a chart earlier with a $35 target for ETH:USD and that is a prime example of something that is too favorable to pass up. In the mean time there is an incoming death cross on the 3D chart with the 50 and 200 MA’s. The first close below the 200 MA is what led to my most recent Bitcoin Bubble Comparison . Only other time this happened was in October of 2014.
BITSTAMP:BTCUSDShort
by Sawcruhteez
10
Inv H&S Breakout confirmed but may not surpass 100maTHe projected breakout is posted here just under 6.7k. At first that seemed like it would clearly allow it to surpass both the 4hr 50ma(in orange) and 100ma(in blue). However the way the 100ma is now starting to tilt upwards could prove to allow it to maintain resistance and get above the projected target price before the price action reaches it....the 4hr death cross is now solidly in effect and would tak a lot more bullish action to reverse. It's possible but until I see the price action surpass the 100ma and both flip the 100ma from resistance to support and solidify that support...than I have to anticipate that the 100ma will provide some solid resistance especially now that the 4hr rsi is nearing oversold levels. Of course still very possible we can get more bullish action to come. For now I'm still neutral but right when the inv head and shoulders was confirmed I was long to the projected target.
BITFINEX:BTCUSD
by DrDovetail
4hr death cross occurred + inv h&s still valid= wait 4 the breakThe 4hr death cross has occurred, however priceaction still hasn't chosen a direction. The inverted head an shoulders is still very much valid. Gonna have to wait for a clear break one way or the other and hodl int he meantime or if you sold sodl. If it continues to simply ove sideways all month somehow then we may very well be experiencing the purgatory phase that occurs right before the follow up bull run. For now, Neutral.
BITFINEX:BTCUSD
by DrDovetail
5