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Deathcross

Death CrossThe death cross occurs when a short-term moving average crosses over a major long-term moving average to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. The death cross indicator has proven to be a reliable predictor of some of the most severe bear markets of the past century: 1929, 1938, 1974, and 2008 As we can see it occured in 2008 aswell and the chart and other indicators (RSI and stoch RSI, but also ichimoku cloud and few others) are almost indenticial to when the crash in 2008 happened. The AEX will take a big hit and may fall to 0.786 fib. level and perhaps lower.
EURONEXT:AEXShort
by Decrazer
2
My BTC forecast (NOT Professional)Once upon a time, Based on my hypothetical assessment, this chart reflects the "starting point" of the triangle to be June 4, 2018 "DEATH CROSS". In light of the 200 Day EMA's current trajectory, and established LOW, it appears to support the few rejections aligning the top of the triangle nicely as noted by the yellow circles. As such, IF all things stay equal, my BTC forecast for the next few months are as follows: +Best case scenario, BTC makes a significant trend change on/around April 20th; +Worst case scenario, BTC makes a significant trend change on/around May 20th; +Doomsday scenario, BTC breaks below 3,100 (YOU pick a day) *The green lines are reasonable representations of the price channel BTC will bounce around-in, with "slight" deviations above/below it of course, until the significant trend change occurs (i.e. "GOLDEN CROSS"). The End.
BNC:BLX
by Yur_Gr8est_Fan
SPY - LOOKING FOR A LOWER HIGH TO BE SET SOONThis is not an asset I would want to be buying here. There's several red flags in the chart. #1 Declining volume. While the price is going up, the volume has been dropping off. This shows less and less participation as the price goes higher, not a sign of strength. #2 Hidden bearish divergence up to the 3 day timeframe. You have price making LOWER highs while RSI is making HIGHER highs. Yet another sign of weakness. #3 This one is extremely simple, lower highs and lower lows. This is the easiest way to see what the big money is doing. This market is not in an uptrend anymore, it's clearly in a downtrend with LH and LL. To follow what the big money is doing you need to sell the rallys and take profit on lower lows. #4 Death crossed on 1 day and 2 day timeframe. This is an powerful signal that shows the long term uptrend has changed to a bearish trend. As the saying goes, "the trend is your friend until the end of the trend".
AMEX:SPYShort
by DerrickGibson
2 BTC to 20 BTC Trading Challenge - Day 16 (1.3313 BTC)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business. Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge From day 2: “This challenge is either going to get started with a bang or I am going to dig myself into a deep hole with the positions opened today. Only time will tell!” Well...time sure is telling and she is kind of being a bitch! These next few days are going to be absolutely critical for me. The S&P 500 is at the threshold that acted as support for 10 months in 2018. It stands to reason that it should act as strong resistance on the first throwback, especially due to being overbought based on multiple metrics. If it smashes through $2,650 then my mind will be blow. The Turkish Lira has been all over the news today due to Donald Trump threatening to “economically devastate” the country if Erdogan doesn't fall in line. USD:TRY immediately dumped 1.83% and retested the phase 3 trendline. If the weekly closes below the trendline then it is all over for my favorite long of 2019. I still remain confident that won’t happen but it is a little unnerving watching my two large positions testing the major areas or resistance / support that I have been watching. Based on my calculations if both stops trigger then I will lose another 0.7142 BTC. That would leave me with 0.6171 BTC in the trading roll for this challenge. I do believe that is still enough to complete the challenge on time, but that would sure make it very difficult. On the other hand if my support and resistance levels hold then the following moves should put me well into the green before January is over. Either way I have been working really hard on finding my next positions and I will continue to focus on the process instead of the results. As long as I continue to be diligent with risk management then the results will take care of themselves. Open Positions Long: USDTRY Price: $5.55804 Projected Risk: 5.66% Leverage: 100X Exposure: 0.16 lots ($16,000) Margin: 0.048 BTC Unrealized PnL: -0.182 BTC Notes: Support holding above the phase 3 trendline is going to be very important for me to maintain a healthy bankroll for this challenge. Short: SPX500 *1/4/19 ADD TO POSITION: S MA making bearish cross with M MA = 15% added *1/6/19 SCALE OUT: P > S MA (5%) + bullish M MA (30%) + Bullish cross with S & M MA’s (15%) = 50% *1/11/19 GOLDEN CROSS does not necessarily signal scale out due to angle of L MA. Stop loss set at $2,656. Price: $2,472.62 Projected Risk (horizontal resistance at $2,650): 7.44% Leverage: 100X Exposure: 0.09 lots ($22,276) Margin: 0.0586 BTC Unrealized PnL: -0.374 BTC Realized PnL: -0.129 BTC Notes: Major horizontal resistance from $2,600 - $2,650. Stop set at $2,656. Really want to see this week close < the 9 MA. LONG XRPH19 *1/11/19 SCALE IN: P < Bullish L MA represents oversold asset in bull market. Enter: 0.00009135 Stop: 0.00008888 Risk: 2.7% Exposure: 20,267 XRP (1.8518 BTC) Leverage: 15X Unrealized PnL: +0.0099 BTC Realized PnL: -0.0046 BTC Notes: Entry was not based purely on Consensio. Bitcoin futures curve in backwardation with widening spread is main reason I was looking to add to my long exposure. Also looking at confluence of support from trend and horizontal. Guidelines would have me waiting for close above S MA to start scaling in, but I really liked the risk:reward provided at today’s close. Closed Positions Long: USDZAR *1/3/19 SCALE OUT: P < S MA = 5%. However minimum available to scale out was 8% *1/6/19 SCALE OUT: P < S MA (5%) + Bearish M MA (30%) + Bearish Cross with S & M MA’s (15%) + P < flat L MA (25% - 50%) *1/7/19 SET STOP LOSS: Stop loss set at $13.489 for remainder of position. *1/9/19 ADJUSTED STOP LOSS: Moved stop to $13.64 due to expected support from 200 MA. *1/11/19 DEATH CROSS signals final scale out. However on TD red 9 at horizontal and trend support. Leaving stop at $13.64 due to bullish 200 MA and support cluster. Negligible difference in risk, huge difference in potential gain. *1/15/19 CLOSE OUT due to not feeling comfortable about my stop because it is above 50 MA that. Adjusting the stop below would have been unacceptable risk therefore I took my medicine and got out. Price: $14.48 Projected risk: Market stop set at $13.49 Leverage: 100X Exposure: 0.06 lots ($6,000) Margin: 0.0157 BTC Unrealized PnL: -0.075 BTC Realized PnL: -0.086 BTC Open Orders *1/10/19 AMENDED stop market to short XAUUSD. Moved entry up to $1,284 due to that being below horizontal support & parabola and it provided better risk:reward. Consenio signaled entry today, but I’d prefer to wait for further confirmation. Watchtower XAUUSD Notes: Testing major resistance level. Expecting it to hold. XAUUSD Pattern: Descending Triangle Notes: Recent death cross with 50 w and 200 w MA’s. Tightest ever monthly Bollinger Band squeeze indicates huge upcoming move. NFLX Notes: Trend resistance. Unsustainable move. Earnings expected on 1/17. ETHUSD Patterns: H&S forming on daily Notes: Daily Death Cross. Passing on short due to BTC backwardation + bullish L MA. XRPBTC Notes: Appears to be breaking down symm triangle & rolling over daily L MA following Death Cross. Backwardation is the only reason I am holding onto long.
FX_IDC:XAGUSD
by Sawcruhteez
Ethereum close to completeing 4hr h&s + 4hr deathcrossthis idea is gonna remain neutral for now because fakeouts are always a possibility in crypto but we can see we are about to potentially complete a right shoulder on a very ugly looking head and shoulder pattern on ethusd's 4hr chart....we can also see that the 4hr chart is once again quickly approaching a 4hr deathcross....xrp had its 4hr death cross which led to downside followed by bitcoin which just had its and seems to be leaning towards more downside so if ethereum also gets a 4hr deathcross I'm guessing more downside is very probable...looking left on our chart we can see what kind of downside came with the last 4hr death cross...it wasn't pretty so should this 4hr deathcross occur here I think it is very very likely we will see ethereum trigger this head and shoulders breakdown which could potentially send it all the way down to $65 if this happend hopefully that will mean that the bottom of the bear market is very very near. Of course a sudden huge green candle could prevent all of this so be prepared for a fakeout around the neckline as always. It is that possibility that has me leaving this idea neutral instead of marking it as short.
BITSTAMP:ETHUSD
by DrDovetail
4hr deathcross nears…can 2 bull patterns be enough to reverse itWe currently have 2 4hr chart bull patterns forming a little falling wedge bull pennant pattern(in yellow) and a potential small 4hr inverted head and shoulders pattern....a breakup at the right point from the falling wedge pennant could give the bulls enough breakup momentum to get above the neckline of the 4hr inverted head and shoulders and even potentially trigger it...if this were to occur we could see a brief trip back up to the 3950 range. However even if this were to occur I don't think the momentum will be big enough to prevent the 4hr death cross or even flip it quickly back to a golden cross...so while both these patterns may very possibly break bullishly I think the end result is still going to be a sustained 4hr death cross and a bearish drop in price action to go with it. If they don't break bullish and it just continues to break down from here then I think we may see a double bottom bounce at the 1 week chart's 200ma around 3260 or so...if we do break upwards and hit the inv h&s target of 3950 or so there may be enough fomo generated at that point to get above the neckline of the much bigger inverted head and shoulders pattern around 4k at this point...I could potentially see this setting a huge bull trap at this point and if we did inch above the neckline I think there would be such a spike in longs that it would set the perfect bull trap for a big capitulation candle inv h&s fakeout crash from there...one that could drop to 2.8-2.9k or possibly even lower. Of course I always gotta also factor in the slim possibility however that it could actually legitimately trigger that bigger inverted head and shoulders pattern as well and take us to over 5k but that seems very improbable at this point especially with the 4hr deathcross on track to happen in the enxt 8 hours or so. Of course with crypto nothing is impossible so I can't discount the possibility entirety. Thanks for reading and understanding this is not financial advice!
BITSTAMP:BTCUSD
by DrDovetail
possible fractal tht could prevent breakdown from hitting targetOne thing crypto loves to do more than anything is fakeout the herd so although we have multiple deathcrosses across most major time frames and a breakdown from the recent bearflag, it could potentially repeat the pattern seen immediately after the price action highlighted here inside the 1st yellow circle where it only went about halfway on the rbeakdown and then liquidated a bunch of shorts by inverted barting its way back up. Be prepared for that but I wouldnt go long unless you see a bullish bart pattern start to occur the 4hr cross on xrp just happened which could be some of the market drop but the 4hr deathcross on btc has still yet to occur. this dip should have it occur much quicker than its earlier time frame trajectory of january 18th and when it does I anticipate further downside...always always always the possibility of a fakeout in crypto though.
BITSTAMP:BTCUSD
by DrDovetail
3hour deathcross turkey appears!This turkey must think now that its a couple months after thanksgiving that its safe to roam the charts out in the open...however, when a deathcross turkey appears it typically tends to bring hungry bears soon after it. in 10 minutes from now we should see the 3 hour death cross occur on btc...on xrp when the 3 hour death cross occurred recently it coincided with a decent bearishbreakdown so that could very likely happen here too with btc....btc will now have death crosses on the 1hr, 2hr, 3hr and 1 day charts....the 4hr charts trajectory suggests a 4hr death cross by January 18th currently and likely sooner if we see further bearish priceaction soon...this confluence across most major timeframes suggest the current bearflag has a much higher probability of breaking downward instead of an inverted bart...but as always its best to be prepared for both outcomes. thanks for reading and good luck! gobble gobble!
BITSTAMP:BTCUSDShort
by DrDovetail
2
Bitcoin forms lower low; 1hr deathcross quickly approachingWe have followed the recent lower high with a lower low putting the bears fully in control after hitting my last ideas drop target with exact precision...we have seen a decent bounce since hitting the target but probability highly favors this as nothing more than a dead cat bounce. There is a possibility of forming a lower high here but I don't see much more being offered to the bulls than that....if that....which will ultimately be more or less a bull trap if it does occur. We can see that this drop has caused the 1hr 50ma(in orange)'s trajectory to dip significantly which should greatly speed up the timing on the 1 hr death cross. I also expect the 2hr 3hr and 4hr deathcrosses to occur soon after and for the 4hr 200ma to flip to solidified resistance..to me this seems like it could very well be the beginning of our capitulation we have been waiting on to finally bring this bear market to an end. If so I anticipate we will at the very least see the price action revisit the weekly charts 200ma where we have always seen great support...I have a feeling we could send a wick below it but ultimately believe we will be able to close any weekly candle that dips below that above the 200 weekly ma...in fact I anticipate the normal huge rebound bounce of 50 percent or so to occur once we hit bottom and that bounce will be what allows us to close above the 200 weekly ma....just my own speculation of course and not meant to be financial advice...anyways thanks for reading and good luck
BITSTAMP:BTCUSDShort
by DrDovetail
btc Bart brings entire crypto market down w/ it; bearflag formsWhile the chances of an inverted bart up from this bearflag are very possible considering rsi levels at the moment...I'm hoping more that we continue the trend so we can finally get this capitulation candle out of the way and bring this bear market to an end. If capitulation is near I anticipate we will break down from the current bear flag right around the time the 1hr deathcross occurs which should lead to subsequent death crosses on the 2hr, 3hr, and eventually the 4hr charts. I think if we pull off a 4hr death cross thats when we will finally see our capitulation candle....unless of course we already dip down far enough during the other 3 death crosses so that when the 4hr death cross occurs it bounces right back up and does a death cross fakeout right back into a golden cross....however hopefully for us all this is the beginning of capitulation...an inverted bart back up here at this point will only prolong the bear market much longer. I think capitulation will occur at 2.9k at the least but possibly much lower.
BITSTAMP:BTCUSDShort
by DrDovetail
DOUBLE DEATH CROSS STRATEGY WTI CRUDE STOCKApply these SMA Indicators on your chart - 50 - 100 - 200 Step #1: Wait for the 50-day EMA to cross below the 100-day EMA. The two moving averages also need to converge with the price action. If we get the crossover of the 50-day MA (blue line) and 100-day MA (orange line) at the same time the price is testing those moving averages, that’s the best-case situation for a trade because we can define the risk. The rule you need to keep in mind is that when the MAs converge with the price you have to get ready for the ride because it is going to get BUMPY! Step #2: Multiple entry strategy: Sell 1 when we close below 50-day MA and 100-day MA. Sell 2 when we break and close below 200-day MA. Using multiple entries to improve your average entry price can be the best way to approach the death cross signal. Scaling in to a position is our preferred trading method when looking to capture large price move in a currency pair. The fact that the price was near the death cross signal, it created a tension in the market that eventually will lead to a sharp move to the downside. We pull the trigger on the first half of the trade once we close below the 50-day and 100-day moving averages. If at the moment when the death cross developed we’re already trading slightly below the two moving averages, sell at the market the moment we close below. The second half of our position is entered once we break and close below the 200-day moving average. Note* it’s important to remember that the success of the death cross signal relays on this simple trade secret that price and the two moving averages needs to converge. Keep it simple stupid is not just a simple aphorism, but it’s an old truth that can make the difference between losing and making money trading. This brings us to the next important thing that we need to establish for our long-term trading strategy, which is where to place our protective stop loss. Step #3: Hide your protective Stop Loss above 50-day MA and 100-day MA The most important thing we need to define when trading is our risk. If you want to be a profitable trader you really need a limited risk. This is the type of death cross trades that we want to pull the trigger on. If the price were to move back above those moving averages, we can safely assume this is yet another false trade signal. In this trade case scenario, we’re risking a little and our reward is potentially much bigger. So, the best place to hide your protective stop loss is above the 50-day MA and 100-day MA. Step #4: Two-step process for the take profit strategy: Mark on your chart the high of the candle when the 50-day MA crossed below 200-day EMA. Take profit when this high is broken. Our take profit strategy might seem a little bit complex, but once we break down the steps you need to follow it will make more sense why we’ve chosen this approach. The first thing you have to do is to remember what we said in the beginning of the article which is that when the price doesn’t converge with the two MAs this is a death cross false signal. In our example below, we can observe this type of price action. Now all you have to do is to mark the high of the candle when the death cross happened and take profit as soon as the high gets broken. Note** the above was an example of a SELL trade using the death cross strategy. Use the same rules for a BUY trade – but in reverse, in which case we have the golden cross trading strategy.
NYSE:WTIShort
by Tradingstrategyguides
DOW approaching inevitable deathcross + h&s triggeredThis is my first ever non crypto idea on tradingview but I couldn't refrain from commenting on what I'm currently seeing on the Dow Jones. We can see a big head and shoulder pattern seems to have been triggered which has a drop target all the way down to the 21k range. Meanwhile it seems within the next 2-3 days a death cross is set to occur on the 1 day chart and considering this head and shoulder pattern seems to have already been triggered/validated I don't see any way shape or form that the DJI will be avoiding this deathcross...some wise friends of mine who have been at this much longer than I have are getting involved into some inverse ETFs right now in anticipation of it. I personally will not be making any financial advice on what to do here as I am not a financial advisor but it does appear that the writing is plainly on the wall...I also find it very interesting that the crypto market is now experiencing a bit of a pump during the DJIs + S&Ps downfall. I think we are in for a very interesting 2019 in both markets.
DJ:DJIShort
by DrDovetail
Bohus Pollak view on Apple Death Cross on 1D chartThe death cross occured on 50 MA and 200 MA Disclaimer: Bohus Pollak is not a financial advisor, nor do any of our employees, executives, or affiliates hold such certifications. None of the content on this website or any other Bohus Pollak media pages on internet constitutes as financial advice. Essentially, Bohus Pollak attempt to take the pain out of researching your favorite cryptocurrencies by providing data, analysis, and fundamental information all in one place. All of this information is Bohus Pollak own subjective opinion and nothing should be taken as financial advice. All Individuals are responsible for their own research and due diligence before making any investments. Cryptocurrencies, Forex, binary options are volatile and Highly speculative, an investor, trader, speculator, or any type of buyer of cryptocurrencies or investments has a risk of loss. Bohus Pollak holds no responsibility for losses incurred by cryptocurrency and investment purchasers. All of the content on Bohus Pollak ideas and posts and content distributed by any media is his own subjective opinion and is not in any way financial advice.
NASDAQ:AAPLShort
by BohusPollak