NULS/BTC - Setting up for potential 62% upswing soon!I am seeing several bullish signals in the NULS/BTC chart here that I would like to share with you. Most importantly we have a golden cross with the daily 50 EMA crossing above the 200 EMA. We also see price maintaining above the volume profile POC and a few huge spikes in volume that signal major accumulation. This one has potential to go much higher than the targets I have listed but I would be locking in some profit at those levels.
Goldencross
BTC Pushing higher... again! Golden Cross! Resistance incoming?Last chart we were sitting down around $5200's and ideally looking for BTC to hold that support area between $4900-5200. Bulls continue to show up and were able to get another push higher. I am changing to daily time frame now as BTC is really starting to look good again.
Only near resistance I had left on my last daily chart posting was up at $5665 (a previous high from back in November) and the move last night came within $15 of touching that level. Assuming the bulls are eventually able to break through that level, I will be watching a fairly decent range of what I anticipate will be heavy resistance. I have outline it within the colored box and it runs roughly between $6,000 and $6850 where BTC sat range bound for over 2 months in late 2018. Other things worth noting here on the daily chart. Supports are there and outlined a few key levels (green lines) with $4778 continuing to be crucial level but would love bulls to hold $4945 (or call it $5000 for those who enjoy more rounded/key levels). Also keep a close watch on daily 12 EMA. Bulls have held this as support for nearly a month now which is very impressive. And lastly we saw a Golden Cross occur (highlighted with the circle)... this has not occurred in BTC for years and should be a bullish sign. Lets see if the bulls can keep the climb, maintain their supports and start testing this box of resistance above!
Just My 2 Sats!
BITCOIN Golden cross & regular bearish divergenceHello fellas!
We have an interesting day on BTC-USD daily chart, bulls seems to be exhausted RSI and MFI levels are decreasing while the price is going up witch means that we have regular bearish divergence, also volume is decreasing while price is increasing another bear sign. We are in a bear flag formed from the beginning of April. At this price levels we have some resistance also on November 2018.
In contradiction with these bear signals today MA 50 and MA 200 had crossed formed a GOLDEN CROSS witch is a bullish signal, from my point of view we will go DOWN, I think it's just a bull trap let's see what will happen in the next few days, we could see a correction to 0.786 Fib. level witch is around 4200 zone so I will SHORT some BTC.
This is not an financial advice, take care of your money!
Breakout of triangle seems confirmed/goldencross!Still waiting on volume confirmation but looks very likely to be a legitimate breakout...the question is will it breakup to only the target of the triangle or will it go the height of the entire bull pennant? Also could use a little more volume here for confluence of the breakout confirmation but the current daily candle looks very bullish so it likely will be a legit breakout. Important to keep a close eye on the weekly charts 50 ma which is currently strong resistance...fi we can flip it to solidified consistent support then we may not see our follow up higher low anytime soon afterall...but we need to flip it to support and solidify it as support first. Looks like the bull market might finally be arriving. Perfect priceacion coinciding with our just achieved golden cross making me think we may just sustain this golden cross and might not have to deal with the possibility of a deathcross fakeout afterall.
BTC which way will you go?Hi,
We can see BTC/USD has broken it's symmetrical triangle to breakout of the long term downtrend. it has now created a bull flag or ascending triangle. As we know BTC is great at painting pictures and then going the other way.
If it breaks up and runs whole length of the flag pole we are looking at it breaking back into the previous resistance area, if it breaks down with one of its famous Bart Simpson fractals (possible double top inside the ascending triangle to watch also) and also runs the length of the flag pole we are back down into the previous support area.
note the Golden Cross looking to happen on the daily chart, yes this is a great bullish sign but does most certainly not mean that it will sky rocket to the moon. many times after a massive downtrends will indexes, stocks and alt coins cross back with a Death Cross only to rally slowly in the upward direction to show strength and long term rigidity.
up to you. not advice just an opinion.
enjoy the charts,
Boo Cha.
EOS looks like its up to somethingEOS has been consolidating for the last few days now - as all things do after any kind of run - and it might be time for another move. After some serious gains these last few months EOS looks like it could be hungry for some more. Idk if I'm ready to say we'll see a huge move right now, but I could see us going to test the overhead supply @ $6.04 which has been keeping us down since September.
Droppin it to the lower timeframes I think supports my hypothesis even more.
Current goldencross trajectory for BTCUSD set for April 23rdgetting exciting here in bitcoin world as the 1 day ascending triangle pattern continues to play out and keeps sharpening the trajectory of the 1 day 50ma thus moving the goldencross date ahead...as log as we go sideways for the next few days or further upwards we should see the goldencross by april 23rd. My guess is it will coincide with a break upward from the 1 day ascending triangle pattern. However there's a chance this may be short lived because we will still have to contend with the strong resistance of the 50 simple moving average on the weekly chart(not shown here) just above the triangle and it will be a true challenge flipping that moving average to solidified support...the initial test could result in a rejection that creates a brief deathcross shortly after the golden cross and scares everyone out of the market...but if this were o occur, my presumption is it would only be brief in order to form a higher low in the daily price action and then we would likely see another higher high to follow it up and flip the 1 day 50ma back into s golden cross with the 1 day 200 that is much more sustainable. So its wise to keep a close eye on the weekly 50 ma to see how it handles its next testing by the price action. There's also a chance that we may blow right past it and flip it to support the first time we test it but it is somewhat less probable. another pattern to keep an eye on is a potential head and shoulders pattern on the 4hr chart that is currently in play inside the ascending triangle. if we triggered it we could potentially breakdown all the way to the 1 day 200ma but if we break up from the triangle first and test the weekly 50ma that may be high enough to invalidate the 4hr head and shoulders pattern. Whatever the outcome...it should be a very exciting end of april/beginning of may for crypto
goldencross/potential adam&eve dbl bttm brkout on ETH imminent?Keep a close eye on this one folks...we can see that we could have an official goldencross on ETHUSD as early as tomorrow and it just so happens to align with the price action currently peeking its head above the adam and eve patterns neckline....we can see stochrsi is perfectly positioned here for a bullish move as well...of course we need to see a big bullish volume surge here in the next 2 1 day candles to confirm this breakout and need to factor in the possibility of a fakeout until then but it does seem we have several bullish pieces aligning at once...also btc has already broken out of a similar pattern an reached the breakout target so it would make sense for eth to also do so in order to catch up with its big brother. As always I will wait for bullish volume for confirmation but I will also be laddering in conservatively here with smart stop losses until that volume confirmation...if we do confirm our target should take us above $240
Golden cross is very near! Good sign for BTC overall!Hello crypto traders and hodlers,
i have a great info for each of you :)
The golden cross is really near and this means we turning the trend longterm in the bullish direction!
This doesn´t mean that the price would never go more down, it´s more than likely that we generate a double bottom (near 3.100, +/- 500 USD).
So if you want to go for the longterm hold like me, the next few weeks, maybe 1-2 month could be the very last chance to buy cheap bitcoin.
No financial advise!
Hope you doing well so far, it was a long way to the downside, many of you would lost some hope, but i think there is a so bright future in front of us :)
If you want to see my longterm prediction, visit my other charts.
Greetings and wish you all good luck!
ETH Golden Cross formingThis recent surge in price has just decreased the timeline for the SMA 50 200 Golden Cross to form on many crypto charts. A conservative estimate puts the SMA to cross at the latest around April 11th. Note the Volume Weighted Averages moving up fast and in a similar fashion to the beginning of the 2017 bull run. The VWMA cross may happen in the next 24 hours at this pace.
GOLD DIGGING IN ACTIONGold has been travelling in a very large ascending channel however it broke out to the downside, came back up to retest the channel at the 0.618 of the impulse wave and now price has broken out to the downside of the ascending trend line it was travelling above to retest the channel.
price is now going up to the 0.618 of the retest move to retest the trend line it was travelling above, we now believe price will drop to the -0.127 once it goes up to the 0.5 -0.618 of the previous wave
Golden cross bullish on LTCJust a snapshot of the daily LTC chart against USD and how previously golden cross and death cross proved to be strong indicators for trend changes.
If the recent golden cross provides the same result, we're in for much higher prices in the coming months.
#notfinancialadvice
BTC maintainin bullishness; golden cross now on track for 4/11I appears that the stoch rsi is finding excellent support on the strong ascending 3 year old trendline keeping momentum bullish for now and has helped to increase the northern trajectory of the 1 day 50ma(in orange) to where we currently have a golden cross on track for as early as April 11th. Of course any significant selling from now until then will likely push that expected cross date back but price action currently appears to be in a bit of and ascending triangle/bull pennant on the one day chart...so if we were to break up from that price action within the next day or 2 we could expect a golden cross even sooner. So as of now things still look quite bullish all around...the only reason to even consider a downward move that invalidates the goldencross and instead results in a fakeout is that because everything looks so obviously bullish that the exact opposite could happen to trick a majority of traders. However beyond that, everything else seems to be indicating probability is currently favoring the bulls. So while I'm prepared for either outcome my bias leans bullish. If we are to break upward from the current flag set up the next consolidation or correction zone is right around 6k but ultimately I still believe we will get pretty close to the big wedge breakout target of 7229 maybe even as high as the resistance at 7.4k if enough fomo kicks in before any sort of significant correction happens.
DASH/USD will soon have a golden cross; easy x100 over 2-4 yearsVolume increasing on average, MA's beginning to crossover, BTC/USD showing more than one or two signals that show that if we haven't bottomed already it won't be far lower than we've been already; these are, in my opinion, great reasons to presume a significant ROI on this asset over the next 2-5 years.
Let's have a little thought experiment by making conservative assumptions about how much the price of DASH could increase, based on current price versus presumed ATH, and presumed sell price for the open positions relative to this theoretical new ATH. Key point here is that once a new ATH is made, how much higher it will go from there is influenced by so many factors that one cannot simply assume they have a reliable guess of the next new ATH.
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A pretty conservative minimum from ATH to ATH of most crypto assets seems to be at least x10. Currently, Dash is currently at about $136 USD per unit with a previous ATH of about $1683 USD per unit.
So, soon enough (on a week chart kinda timescale) we will see Dash make its way up to x10 current price ($1360 USD) and over the entire bull run making a conservative minimum x10 from the $1683 ATH to a new ATH of, of course, $16,830 USD per Dash coin. I gather that most reliable exit strategies (implying not exiting your positions too early or too late) would result in a sell price somewhere in the neighborhood of 10% - 35% below the new end of bull run ATH. To be conservative / having that nice risk management margin for error involved, let's say 35% below ATH.
$16,830 - 30% = $10,939.5 sell price.
$136 -> $10,939.5 = an x80.4375 multiplier on your investment (7943.75% ROI)
*Not financial advice; just a thought experiment / extrapolation that I strongly believe is reasonable to feel at least somewhat confident about*
VET is well setup to Golden Cross versus. USDThe green ellipses represent basic but powerful MA and trend signals (bullish of course). The blue ellipses represent potential near-future bullish MA crosses, and the red zone represents long-term resistance for future prices (previous major long-term support; naturally). I think when BTC/USD begins its next bearish swing/retrace/consolidation, VET/BTC could rise significantly and also have its golden cross occur, pushing VET/USD into a much milder bearish retrace or possibly even sideways consolidation.