We have tumbled to the neckline of the potential head and shoulders that magicpoopcan was warning everyone about. Many recent head and shouldrs and inverse ehad and shoulders have been fake outs but, considering an impending death cross is nearing this one may be legit...as you can see once it breaks under the enckline I'm going short with the intention of...
Now that we've closed 2 candles below the 50 MA it's looking like probability favors the short game over the long game. Usually we wait for 3 or 5 closes below the 50MA to confirm we are back in a sellers market first so this current 4hr candle is very important....if it closes below odds are good we have more downside to follow. A short at that time would not be...
We currently are finding strong support on the day T line(in yellow) however the 4hr charts current candle has only 10 minutes left and appears like it will close well below the recent bull flag...if so the probability of the next 4 hour candle also doing so thus confirming the breakout is pretty good. Once/If that happens we will most certainly fall under the...
A Death Cross in the making? Or will we be saved just in time by our oversold Stoch RSI? And for how long then...? The increase in volume in the last week might make it even more concerning; indicating a longer term bear market when the DC happens? The Stoch RSI is however pretty oversold, so maybe we will be saved from this for a few days?
As I had said a couple days ago in a previous idea the death cross of the purple and blue moving average lines was dangerously close to occuring and would either cause a plummet in price or could potentially bounce off as well. The probability was much more highly in favor of the cross happening and at the beginning of the current days candle the 4hr chart 50EMA...
Hey all just an update...I've pulled my btc position via stop loss last night at around 10490 but have decided to leave ethereum in for now as its doing well with robinhood...As the price continues to pullback the good news is an inverted head and shoulder pattern is still very much in play....however as you can see with the small yellow dotted lines that show the...
XMR has been moving up and down quite a lot within its downward trend, with wednesday striking as low $235. Considering the MACD is indicating an upcoming uptrend, we might see another push, which I expect to be VERY short-lived. We have a death cross (red arrow) forming as the 50 EMA (blue) is moving down below the 200 EMA (green) which generally indicates a VERY...
Hello crypto nerds what a week! we just had the 12hr chart confirm a huge Death Cross on the moving Averages, so still looking to short Bitcoin removed the upwards Gann Fan to make thisngs clearer and added a down trend fan, will post updates with both Fans in it since they are both in play (according to me) there is some strong support still and can see it...
MA crossed showin a Death cross on the 1 hour chart marketcap is booming into alts with some sort of steady bitcoin, lets see if we get any more dips and how far it goes too... supercrypto showing short signal few hours ago
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 $7200 to a swing low of the $5800 range, a potential play ahead of the fork could bring high...
The last time INTC's chart performed the death cross it traded from 26.60 to 19.30 in a short period, well it has happened again. Right now we are trading at 30.79 but the pressure is mounting as institutional selling has begun. This to me looks like a great short , at least until earnings in April. INTC's forward looking guidance has the stocks estimate at...