EMC2 close to breakoutNice strong looking chart!
Looks like a new cycle is coming.
This is where the magic happens, a golden cross is almost appearing at the end of the downtrend.
RSI is looking strong and bullish.
There might be 4 resistance points on the road to a new ATH.
Good luck
Goldencross
XLM - possible Golden Cross! 50SMA may cross 200SMA this time...What are your thoughts?
If you have recommendations or tips - please, let me know below at the comment section.
/Pat
Golden Cross - Bullish ISATL (Inmarsat)How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-)
A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade.
Any recommendations or tips on how to determine a good entry point with a moving average?
Thanks,
Pat
CFI Golden Cross> CFI is travelling through cloud journey,as such making assumptions is purely on a nuetral basis.
> Golden cross is about to happen on 4hr time-frame.
> 1st Target - 1920
> 2nd target - 2153
>Second target also matches with cloud resistance.
ETC/BTC completed market cycle, and precursor to golden crossETC/BTC appears to have completed a market cycle, and could enter a sideways period of accumulation before starting a new cycle. A potential entry based on a precursor to a possible golden cross is also present. 34EMA has crossed above 50SMA, and candles have closed above both. Good time to accumulate here, and wait for the 50SMA to cross above the 200SMA.
If entering here, I would place a stop-loss below either the 34EMA, or 50SMA, or have a solid strategy to average down if needed.
STRAT Bullflag ?STRATIS is probably forming a bull flag. And there seems to be an upcoming golden cross on the 4hr chart. Noobs who sold the masternodes news shall repent.
BTC Tipjar
An Ethereum scenarioPOLONIEX:ETHBTC has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016.
Price structure 2016:
Price structure 2017:
Volume and StochRSI:
2016
2017
RSI
2016
2017
Note: POLONIEX:ETHBTC correlation to alts cycles could have been affected by the high number of ICOs and the ETH collected by all these projects.
AXSM : Golden Cross anytime soon now... and plenty of catalysts ahead for long-time investors too :D
USDCAD SHORT " WE THE NORTH "Daily price has retraced up to a key resistance zone and
the 50 and 200 ema golden cross
From a candlestick perspective we have one candle that shows indecision on Wed and Bearish engulfing on Thursday.
Gold longRe-longed gold on Friday, 1W and 1D both still look very healthy for bulls.
Cross on 1W MACD, with the 5EMA looking to cross through the 50/100EMA.
We saw a big bounce off 1220 on Friday which served as strong support and reassures me of my long position.
