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?
If it looks like a bear flag and fucks like a bear flag, it might be a bear flag..? I hope I'm wrong.
There are two paths the orange one and the blue one. The orange one is less likely, because of the symmetrical triangle formed -> correction (ABC) likely. So we follow the blue path to the next resistance... But watch out BTC. When BTC fails, LTC won't be strong enough to keep resistance and will fail... going down a horrible path, just like BTC... But if...
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...
As you can see via the chart yesterday we saw BTC bounce off the .382 fib level as well as an area of support from months ago. This bounce saw two bear flags being produced which, if you zoom out to a lower time frame those two bear flag merge into one scary looking bear pennant. However, this is an opportunity for us all, looking at this chart we have two major...
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...
Burn scamcoin!!! Coinbase should be a shame of themselves especially after being on CNBC over and over last week touting how professional they are and want to be the NASDAQ of cryptos. My message: In my humble opinioin "THIS WAS UNACCEPTABLE AND DOWNRIGHT CRIMINAL! In any regulated environment the SEC' would be at the door this morning! They lacked...
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...
12h macd crossed down 1d indicators signaling potential reversal 3d bearish divergences + rsi downtrend + overbought macd loosing strenght in weekly, stoch rsi suggesting big move incoming, rsi downtrend...
We watched for a very very long time as ETH was forming a rising wedge. Then it broke up and we all of a sudden got bullish and looked at the smaller time frames. @crimsonr was nice enough to pull my head out of the sand. The rising wedge had a fake out breakout and has now collapsed and is falling under the wedge. Doing a proper count now you will see that we...
Ladies and Gentlemen, i present the obvious Death of Bitcoin . Many expected this moment coming and now it's there. After the next smooth journey to moon, or the next journey to let's say $5,000, $7,000 $10,000 (?) the bitcoin will die a sudden death (and with it many more). This will be the point where greed will win over reason, being the moment all the world...
This is what happens when there is no culture of innovation, a slow death slide. This is the MONTHLY chart of Sears -- who at one time was the nation's largest retailer during my grandparents generation. Now they are forced to sell off their primary assets to buy more time to try to stay on life support. $SHLD never recovered from their May 2007 high, 10 years...
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...