Another major bearish signal has flashed. All 6 moving averages have crossed both the Bull Market Open Price and Point Of Control. As we mentioned earlier this year, this usually signals the beginning of a short-term bearish trend up until the halving. Watch to find out more!
50 Moving Average close to 100 Moving Average so if Cross happened then you know what direction price go. 1d Chart create higher low pattern , last Candle Close above the 50 Moving Average But Below the Trama, So Possibilities price drop down, This is My View if you have any idea share it in comment box.
I've been tracking this since the BTC death cross occurred and while I know this is too late for anyone to make any profitable decisions it is worth making a note for the future. You can verify the 50 and 200MA death crosses yourself but the probability of BTC going back to 200MA is very high (only failed once in Sept 2014). Currently my safe target would be 48k....
Solana Create head and Shoulder chart and its near to death cross 50 Moving Average is so close to 200 Moving average so its sure SHORT
Bitcoin Descending Channel + Death Cross Bitcoin Descending Channel + Death Cross Bitcoin Descending Channel + Death Cross Bitcoin Descending Channel + Death Cross What are your next expectations? Do you agree with this analysis? But i'm optimistic. This is not financial advice.
The Death Cross just appear today, It's a cross from the 50 and 200 MA and the last two had declined 25% and 15% respectively Expect a double bottom at the 0.786 Fibonacci level around $35.5K or at least -13% decline in the BTC price. A possible fake out pump up to $46K could happen. Sell Short @ 43K to 46K / Buy Long @ 35K to 37K Please note the green candles as...
We had 8 death cross in the history of BTC. 4 of them were real death cross. How will this death cross work out this time ? Will we lose up to 60%, or will the death cross not play out ? What is your opinion ?
1 H. D.Cross : Since Covid's low 13 done & 7 not yet 30M D.Cross: since January 2021 13 done 5 not yet ---------- - 1H chart 68% we are done off volatility only tailwinds - 30Min Chart 68% we are done off volatility only tailwinds In a nutshell: There is a 68% chance we are done of volatility !!!
BTC confirmed daily death cross. ETH is about to make it too. Seems very much like it. My previous ETH usd peak call at 3777 USD/ 3173 EUR: Expecting to see ETH below 1k USD this year, to be honest.
Advancing phase done, we're now down to the declining Phase... This could last for a few months,but the chart is well detailed
Apparently the Bulls are attempting in vain to cushion the Death Cross, but seemingly they are not managing to do so, despite good news from Paraguay. There is a good chance that the price will fall further before it settles Time will tell. Elon Musk's tweet can be also classified as bearish.
Despite good news from Paraguay, the Bulls cannot deny the emerging death cross on 1D. The negative headlines from China are still current and many miners still need to relocate before we have positive fundamentals. This could take a few weeks. The current buying attempts to move the price to the 40k mark are attempts to save the current short term trend, but if...
Okay, I believe that the death cross will have very little influence on the local bottom of BTC price as I think it's already been factored for. An interesting pattern i can see forming is an ascending triangle pattern with the Gann line as support and the red zone as resistance (area between the 55 and 200 EMA) . I believe once BTC is able to break past this...
Look out for BTC death cross if it successfully cross market can crash for mid term. Hopefully that should not happen, otherwise be ready for $28k - $30K.
Not much to say hey
The trendline that has been holding for a couple of months has been broken and a death cross has appeared on the 4h chart.
Tesla is not out of the woods yet. There is still a death-cross and what appears to be a bear pennant on the chart.
50 MA has crossed below the 200MA