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Golden

BTC Golden and Death Cross - Explanation, DemonstrationFirst of all, do not use MA, use EMA. Second of all People and Traders forget for Golden or Death Cross to work properly, before trend starting, price should be pooled into the cross itself and test some major EMA, like 21 or 50. Then and only then you know its legit (sometimes you get continuation fast on 9 EMA - rarely). So, let's see did it do well on BTC daily. We have a one-off, and a great % of winnings. So from the traders' perspective, you have an edge here, just have to know how to properly use it. Its not just Golden Cross, long it now! No!!!!! You need to understand rules and Price Action to get an edge on your side + Risk Menadmet, or no Golden Cross will help you. Yeah it work, but respect all the rules. I hope this is enough to put an end to "Golden Shower meme". If I lie, the chart is telling a story it self, have a nice day and wish you all great profits, enjoy!
BITSTAMP:BTCUSD
by SasaT4NG
4
XRP DAILY HUNGRY FOR GAIN$ COOKING UP A GOLDEN CROSS XRP Daily Chart Looking full of steam and ready to rise. Bullish crossover on Stochatic RSI from oversold conditions. 50 day moving average approaching 200 day, it has already crossed the 100 day. Breakout above 1.0 Fib. If we can establish support here we should attempt to test the 1.618 Fib around 0.365. Timeframe could potentially be about same time DTCC goes live (Feb 24th). This would also align with the top of the pitchfork offering the possibility of a breakout. If You Enjoy My Content Please Comment & Like I Appreciate Your Insight & Interest. My Personal Speculation & Opinion Not Financial Advice. Link To Same Chart On 1 HR Timeframe
COINBASE:XRPUSD
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_
GoDaddy Support LevelsGoDaddy - We have seen the Golden Cross on the Daily, the MA 50 moves over the MA 100, a sign of a bullish market again. This happened early January, so we expect a bullish return. This can be tested soon, as Crosses tend to have a second interaction after first crossover. Overall since 2017, we have a Bullish Symmetrical Pennant, which will be a continuation pattern of the Bullish Market we have seen. This may not come into play for a long time, for now, we see consolidation. Current SHORT TERM upward channel has reversed and the first Fib Retracement line of 50% is being tested. If this breaks, the next level down will be short term level of 61.8% (around $65-$66), and last chance for short term bullish continuation. If this line breaks, we have a long term 38.2% still in play, this bullish pattern reversed and bounced off the 50% line. This remains a bullish channel, and can be seen as the very first consolidation for a much larger pattern. When you look at Earnings, this company has started to outperform several quarters a year. Analysts prices remain around $88 for a 12 month period. We could easily see a drop down to $65.50 or even down as low as $63. However, if bounces off this 50% or 61.8% line with LOTS of volume, be ready for a rally up to $70-$74 - even up to $77.
NYSE:GDDYLong
by Shwayze
1
More down-time to come but big things aheadshort insight here. As you can see, our previous bottom before dropping to 3k at the end of 2018 has become our triple bottom and the uptrend has now carried through. We have moved equal volume as the run up in July 2019 and our 50MA is is looking to get with that 200MA to make sweet love. I believe we will fall to 8.2 - 8.3 k to find our support levels from Sept/Oct 2019, and that may be when we see a golden cross form, which will carry us to 10K. Anything after that is not worth speculation, I dont believe we have much game in 10K yet, and anything moving back up that high will just for a 3rd top on a very large time frame. Remember, look at the bigger picture. (Get off the minute charts, ya clowns.) Cheers, -Money
by BingoMoney
Do you see a rising wedge or an ascending triangle forming? Note: All of what I claim below is simply the way I perceive the market. I am not certain nor do I suggest you take my advice without first taking into consideration what I have said. Whatever you do, be critical of what everyone claims. Those who claim certainty in the market tend to get hurt the most. Observations: It seems like it is developing two different patterns. The first being a rising wedge, which is considered a bearish sign. The second being an ascending triangle, which can be considered a bullish sign. Notice how I have highlighted the resistance zone with a grey rectangular box. I did this to highlight all of the areas where price action bounced off of (or reversed). It will take a great deal of buying to get above this zone. If price does break above this grey zone, I think that a further move up will ensue. At the very least, to touch the top of that rising wedge I've drawn out. But if it breaks below trendline (B), I expect some strong selling off will follow. I personally believe that the price will continue to consolidate within the ascending triangle I've drawn above. It will take a lot of fighting to break through each extreme edge, especially the resistance zone (A). Therefore, it is suggested to watch carefully when price does reach these two extremes.
NYSE:GOLD
by PoorRicardo
1
XRPBTC has potential for a goldencross if it triggers the invh&sWaiting for confirmation of a breakout from this inv h&s before attempting any sort of long here...the possibility of a fakeout right in his neckline zone is still very good as well so its best to await clear confirmation one way or the other. If it does trigger a bullish breakout of this pattern however it's very likely that we would see a golden cross on the xrpbtc chart not too long afterwards...whether or not that golden cross would be sustained or a fakeout we would have to wait and see. At the moment though the xrpbtc chart has a lot of bullish potential.
by DrDovetail