The 4-hour death cross on the 13/48 EMA has been a reliable indicator this year as we have just entered one today. The previous death cross on this time frame has produced a 32% drop over 8 days The crosses prior to that were 18%, 13% and 5% moved down. All four crosses average out to 17% over 8 days. You can find this indicator here on TV under 'True Golden...
Hey there. This is my first published idea. GBPUSD in an area of consolidation forming a nice triangle. The 50 day SMA has just broken through the 200 day SMA, which is often known as a 'death cross', which can be a good signal of a bear market. I'll be watching here waiting for a potential breakout. Happy trading. Chris
EGY will form a death cross either later in the trading session today or early tomorrow. Set a stop loss at 1.59 and rebuy on the rebound at 1.55. There's a huge potential floor beneath this. Long in the mid term, short in the short term.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Watch out below, more pain is ahead. The S&P 500 $SPX will form a death cross tomorrow with the 50 and 200 SMA's and we're basically all fk'd. Make sure you have stop losses in place for any long positions, look for overbought futures for a short position. HOLD ON TO YOUR HATS IT'S GONNA GET BUMPY
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
THe projected breakout is posted here just under 6.7k. At first that seemed like it would clearly allow it to surpass both the 4hr 50ma(in orange) and 100ma(in blue). However the way the 100ma is now starting to tilt upwards could prove to allow it to maintain resistance and get above the projected target price before the price action reaches it....the 4hr death...
The 4hr death cross has occurred, however priceaction still hasn't chosen a direction. The inverted head an shoulders is still very much valid. Gonna have to wait for a clear break one way or the other and hodl int he meantime or if you sold sodl. If it continues to simply ove sideways all month somehow then we may very well be experiencing the purgatory phase...
Still neutral here as BTC gets ready to amke a decision. A breakout of this inverted head and shoulder pattern could send the price action up to $6725 and be enough to potentially help the 4hr 50ma (in orange) bounce upward off the 200 ma (in blue). Let's hope we go up from here. *not financial advice*
It's not time to get too excited just yet. Still holding onto my $4,200 target in October. I am a bear until we get above $12,000 and trade above long term moving averages that are in a bullish posture. Won't be re-opening a short just yet, will be waiting to see how the MA's hold as resistance.
The recent bearish breakdown has sent the stoch rsi to the bottom range but with the RSI not yet in oversold conditionas there's likely still more room to fall and the chart is forming a bit of a potential head and shoulders pattern on the 1hr chart. If the head and shoudlers is triggered it will drop us to to the 8,000s so keep an eye out for that...plenty of...
As you can see each time we tested the top of the ascending broadening wedge(a pattern which usually breaks down) the price action was rejected, and once the wedge ran into the top wall of the descending channel the support of the t line could no longer prop it up causing the current breakdown from the only bullish thing we had going which was the bull flag. Now...
What are we going to do with ETH? already seeming a little outdated with EOS, NEO and a few others on the scene ready to replace one of 2017's best movers price action from Bitcoin has lead to numerous formations of Cup and Handle on many strong USDT Altcoin pairs such as ETH/BTC Death cross on the MA (100/50) will help with the short and then looking to long...
If you look closely, using the 20-50-100-200 EMA, the 200 EMA is about to finally cross 100 EMA. When this happens, the 200 EMA will be at the top, followed by 100 EMA, then 50 EMA, and 20 EMA at the bottom. This is the hallmark of real bear runs in every market ever. Also, if we look at RSI, the price level is still lower than March, yet the RSI is much higher...
BTCUSD possible death cross forming as traders take profit going into the new week. Stochastics and MACD have shown bearish crosses forming also on the 4 hour timeframe and daily, adding to the momentum of a correction possibly being on the cards - in the range of a $7,200 to a swing low of the $5,800 range, a potential play ahead of the fork could bring high...
Will the Death Cross bring the BTC price down, to around the 3000 price range? The PURPLE lines indicate a stronger support and resistance zone than the RED lines.
MA 50 and MA 200 Crossed again after 2 years! A bear year will come??? Lets wait and see whats gonna happen...
THIS IS NOT DEATH CROSS, DEATH CANCELED AND BOTH MA FLAT AND WORKING ALONG WITH...... IF CROSS BUT THIS WILL NOT DEATH CROSS.....I DON'T SAY DEATH CROSS WILL BE HELD IN 2019 FEB BETWEEN MAY NOTE THIS MY PREDICTION.....................