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Goldencross

Golden Cross Soon? Downtrend of 1.5 years coming to an end?The previous positive MA-200 cross was on December 25, 2017, with the price rising from 14.4 cents to peak 53 cents in 2-3 weeks. Now, however, we are not in the 14 dollarcents region. However, an increase to start with (370%) is possible. This will bring us back up to 8 cents. How long will it take? I count on 8 to 9 months with some good and bad weeks. We can not speak of the hype we saw with Gulden, such as the end of Dec. 2017 and jan. 2018. Which is a pity, because the Gulden Blockchain is now better and safer-than-ever. The first resistances are around 2.6 cents and 3.4 cents. See the blue lines. Big news for Gulden is on its way and can cause a sudden demand, which means that price targets can be reached faster than expected. This crossing that I expect on May 20 or May 27, 'Golden Cross'. Here the 50-day moving average will cross the 200-day moving average. This is almost always a sign of the change from downtrend to uptrend. A down trend is not infinite, and I think it has lasted long enough at Gulden. With this 'Golden Cross' I expect a few new / old speculators who are going to buy a lot of Guldens. Most (crypto) traders often have tools that give them a warning when something similar occurs with a share/crypto. They then take a closer look at the share / crypto currency, and see whether the long-term down trend is approaching its end. I really hope that we will experience a slow climb in the coming period, instead of a period of pump and dump. I am not waiting for that at all. I do hope that in the coming period Gulden will receive more attention that it deserves, and that people will be attracted with a long-term vision and more will be built on one of the safest blockchains in Europe.
NLong
by UnknownUnicorn4621824
1
ETHUSD breaks bullishly up out of falling wedge target= $261 Lots of bullish signals converging at the same time on the ethusd pair right now. First was the golden cross on the 1 day chart that occurred a few weeks back and now appears to be sustained. 2nd we have the bullish breakout of this weekly rising wedge pattern(a pattern that typically breaks bearish). For a bearish pattern to break confidently bullish like this is a very bullish indicator. Our next bullish signal is that the weekly 50 ma(shown here in orange) appears to be holding solidified support. This is clutch...if it can maintain support the $261 price target should be hit with little to no pullbacks. The only cause for concern here is having the stochrsi on both the daily and weekly charts now in the overextended zone..but as we all know on bull runs it can stay over extended for quite some time so thats nothing to be alarmed about just yet.
BITSTAMP:ETHUSDLong
by DrDovetail
ETH/USD Where is it going to?Hello Friends, I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon . Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in the cards? All I can say at this point is the RSI has turned downward along with the MACD in tow. The RSI is showing a divergence yet there is a fractal signal giving indication to stick it out for now. The bollinger bands have turned inwards for a possible squeeze, forcing out whatever juice that remains of this trading pair. Despite the SMA golden cross and its SMA 100 predecessor, we haven't seen much action. The 50 is looking temporarily as support but the pattern will dictate the outcome as will sentiment in the market. Looking at the weekly chart the RSI is neutral yet curling towards the bottom but the MACD is showing mixed signals and continues to climb. Volume has significantly decreased since November yet we are watching a decline in price. So which way is it going? I have an answer but that will require an interest in the community. Cheers!
COINBASE:ETHUSD
by keifer
Similarities 2015 and 2019 BITCOIN (Bull is fighting back?)Hi, I found some nice similarities between start of bull 2015 and now on the monthly chart in Bitcoin. Here they are a. bigger candle stick the same as now b. smaller candlestick the same as now c. buy volume equal d. crossing 50/200 EMA, golden cross (!) RSI is at same level So, let me now in the comments: Will we see a same growth as in 2015? If you appreciate this idea leave a like and you want direct updates of new idea's click follow button. (I'm using Heikin Ashi candlestick for a better flow of chart and more clear RSI)
COINBASE:BTCUSD
by Will_Wortel
potential inv head & shoulders could double ADA's current priceCardano has been taking a bullish upturn recently along with much of the alt market. . .but if it can trigger a breakout of the current inverted head and shoulders patern on it's 1 day chart, it still has the potential to double its current price. Current 1 day stochrsi is alreeady over extended so it may meet resistance for a few days or so at the neckline before finally breaking upward but considering its had its golden cross sustained probability is inf avor of a validated breakout before too long. target 17-18 cents.
BITTREX:ADAUSDLong
by DrDovetail
1
LTC is leading the market/giving hints at what btc will doAfter looking closely at the parallels between LTCs price action after it's 1 day golden cross, and BTC's current price action, I'm convinced BTC is taking a very very similar path that LTC has taken and that LTC is leading the market and can be looked at to get a clue of where BTC wiil soon head. For example, from the point of LTCs 1 day golden cross in March to when it finally saw a correction, the price action rose 118%. If we measure a 118% increase from where BTCs golden cross occurred we get a range of around 9.9k we also conveniently have a very valid horizontal resistance line at that range that if we did wait until then to correct we would have the set up for a very valid looking and massive cup and handle on btc. Exactly like we are currently now seeing LTC do. As soon as LTC corrected it began forming its inverted head and shoulder handle as shown here on the chart. It also corrected 31% which if btc continues to follow ltc from there it tells us btc could correct after hitting that horizontal resistance line from 9.9k all the way back down to that 6.6k range. it would then spend 1-2 months creating a handle to that cup before it finally broke back above the neckline and at that point if it triggered a breakout from there the breakout target would be 16-17k! As we can see on LTC it is now throwing wicks above its cup and handle neckline and if it were to trigger its breakout it will more than double in value from where it currently is now. All of this potential price action also finds further confluence with the breakout target of the total market caps falling wedge that we charted way back in February thats target would essentially cause the total market cap of crypto to triple to quadruple. We are ow almost halfway to the total market caps target with still plenty of room to go up. You can find that chart in my archives. Anyways keep a close eye on the correlation between LTCs price action and BTC's because I have a strong feeling LTC is going to be giving us hints at what BTC may also do.
BITFINEX:LTCUSDLong
by DrDovetail
2
FTSE 100: Approaching a short term support. Potential bounce.FTSE 100 is close to complete the -5.30% decline after being rejected on the Lower High of the 1W Channel Down (RSI = 49.506, Highs/Lows = 0.0000). The Golden Cross (MA50 over MA200) on 1D was the signal both on the Lower High and the one on the late May 2018 All Time High. 1D is fully bearish (RSI = 33.998, MACD = -8.850, Highs/Lows = -159.7305) even oversold on the stochastic trade action, meaning that a relief rally should follow. With MA200 supporting we are targeting 7,400. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
OANDA:UK100GBPLong
by InvestingScope
GOLD RUSH, WHO'S READY?Okay guys, bit of a confusing one but on the daily chart gold has been travelling in a horizontal channel marked out with the blue rectangles, we recently saw a move from bottom to top and as it was it formed an ascending channel, we saw a false breakout of the channel to the upside at the top of the channel however it dropped back into the channel. As of now price just hit the bottom of the channel and its making its way up, we believe price will test the descending trend line that is marked out in black which lines up with the 0.618 perfectly and make its way down to the -0.27 extension level. THAT MEANS THE ASCENDING CHANNEL WILL BREAK! IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
OANDA:XAUUSDShort
by UnknownUnicorn2396129
2
Bullish S/R flip and DMA Golden Cross on UPS.UPS is currently building support on top of old resistance around $112 (which confirms the bullish support and resistance flip), and is consolidating in what looks to be a bull flag-like pattern. We also have a daily golden cross (50 day moving average crossing the 200 day moving average) and we could see the momentum continue to carry this stock higher. R/R is pretty good here, but I've had what I thought were good setups turn south pretty quickly (EA and SQ for example), so be cautious and use proper risk management if you decide to take this trade. Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. Entry: 112.30-114.50 Target 1: 118.00 Target 2: 120.60 Target 3: 125.00 SL: 110.50 (below the 50 and 200 day moving averages, and below our support zone at 112.) -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
NYSE:UPSLong
by Deftsuo
The Actual Golden Cross Hasn't Happened Yet - EMA50/EMA200Good day Traders Bitcoin price action has been showing exhaustion for the past few days now so not too surprised that we finally corrected. Perfect timing for the tether FUD to act as a catalyst again, although this time things are a bit different it seems. If you recall in October 2018, when Bitfinex lost yet another banking relationship, everyone piled out of USDT into other stable coins, and apparently into bitcoin, spiking BTCUSD to $6750 in a matter of minutes. This time round there hasn't been that rush into BTC, in fact quite the opposite, maybe people are starting to become immune to tether FUD after the upteenth time! The New York Attorney General seems to be on Bitfinex's case about a $850 million shortfall which was covered using tether holdings, although this is all narrative yet again imo unless Bitfinex is actually in financial difficulty which I find quite hard to believe based on recent trading volumes at the exchange. Most traders have been watching for the daily SMA50/200 golden cross when this actually gave us a false signal in 2015 on the 1st attempt with price crossing back below both moving averages after the first attempt before finally crossing months later. I believe we have the same situation today. If you go back to 2015, a more reliable golden cross was actually the daily EMA50/200 . Whereas SMA50/200 had a failed cross on the 1st attempt, EMA50/200 hadn't actually crossed on that attempt, instead we had EMA50 kissing EMA200 before dropping back and the only cross we had was the actual buy signal. Today, we currently have EMA50 kissing EMA200 but we probably won't have the golden cross just yet for a few months to come imo. Looking back we seem to be printing a large bear flag with a flag pole reflecting a 63% drop from the pole height to our 2018 lows. I suspect we have 3 options here depending on which support holds, although I still believe the 3rd option is most viable: 1) Bitcoin drops back to and finds our uptrend support around $3800 before going on to print a higher high. 2) Bitcoin drops below our uptrend support back to the trendline resistance turned support from our ATH, somewhere around $3300 before breaking back above our prior uptrend support and the $4-4.2k horizontal resistance. 3) Bitcoin breaks down from bear flag support. The target is based on the same pole height from the recent $5600 resistance which gives us a target of around $2k. From $5k, I think we head back to our $4-4.2k horizontal support for a failed retest. After $4k doesn't hold, $3800 will probably not hold either and we'll head back to support of our main trend line from our ATH which we broke above in March, to somewhere around $3300. We should bounce from $3300 back to our $4-4.2k horizontal resistance and flag support turned resistance, in the process printing a right shoulder of a larger H&S pattern which will have us targeting $1850 - $2100 after breaking neckline support. Both targets coincide with strong horizontal support around $1850 and a 1.214 fib extension of the flag pole height, although we could potentially have a 1.382 fib extension wick down to $1k with enough sufficient panic since we only had a 38.2 fib retracement recently. We also have strong sell signals on the daily NVT, the weekly NVT, with no buy signal yet, and we're just about to have a bearish DMI crossover with strong ADX trend! Good luck and happy trading! Here is the 2015 scenario. Notice the EMA 50/200 cross, the 1.272 fib extension, the NVT buy signal after bottoming, and the 60% drop from bull trap highs :
BITSTAMP:BTCUSDShort
by Corn_Reaper
9