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200ma

Verge on the precipice of an inv h&s golden cross combo breakoutI did not mark this idea long or short....we are simply on the precipice of either a huge bullish move for verge or a massive bulltrap fakeout. if btc breaks upward then xvg will likely trigger this inverted head and shoulder breakout which would lead to a golden cross on verge on the 1 day chart which has a breakout bull target of an over 50% increase, but if bitcoin breaks down it will be both a fakeout of the inverted head and shoulder pattern and likely the golden cross as well see the blue line directly above the inverted head and shoulder pattern? thats the 1 day 200ma and we can see it already dealt a firm rejection to the priceaction earlier so which always increases the likelihood of a fakeout..not wise to buy verge here unless you see a breakout that flips the 200ma from resistance to support and also solidifies it as support as well if that happens and you see bitcoin have a bullish breakout too then its probably wise to enter a position on verge but until then expect a fakeout. Inverted head and shoulder patterns in a bear market are usually patterns painted by the bearwhales to set the ultimate bulltrap fakeouts with *not financial advice but simply self advice that anyone else is allowed to consider* thanks for reading!
X
by DrDovetail
Bitcoin forms lower low; 1hr deathcross quickly approachingWe have followed the recent lower high with a lower low putting the bears fully in control after hitting my last ideas drop target with exact precision...we have seen a decent bounce since hitting the target but probability highly favors this as nothing more than a dead cat bounce. There is a possibility of forming a lower high here but I don't see much more being offered to the bulls than that....if that....which will ultimately be more or less a bull trap if it does occur. We can see that this drop has caused the 1hr 50ma(in orange)'s trajectory to dip significantly which should greatly speed up the timing on the 1 hr death cross. I also expect the 2hr 3hr and 4hr deathcrosses to occur soon after and for the 4hr 200ma to flip to solidified resistance..to me this seems like it could very well be the beginning of our capitulation we have been waiting on to finally bring this bear market to an end. If so I anticipate we will at the very least see the price action revisit the weekly charts 200ma where we have always seen great support...I have a feeling we could send a wick below it but ultimately believe we will be able to close any weekly candle that dips below that above the 200 weekly ma...in fact I anticipate the normal huge rebound bounce of 50 percent or so to occur once we hit bottom and that bounce will be what allows us to close above the 200 weekly ma....just my own speculation of course and not meant to be financial advice...anyways thanks for reading and good luck
BITSTAMP:BTCUSDShort
by DrDovetail
Time to watch EPCThere is a new touch of the 200 day MA for EPC. Start watching for trendline breaks and take a look at the income statements and balance sheets. This company has better EBIT and less debt than last year. Some other fundamentals are less attractive: lower income from sales, negative return on assets and equity from last year, no dividends. But the less outstanding shares may be all thats needed to boost the home slices on Wall Street and other investors to feel bullish on this company. Edgewell produces some popular wet shave and skin care products...Wet shave products are offered under the Wilkinson Sword, Edge, Schick, Skintimate, and Personna brand names Skin care products are under Banana Boat, Wet Ones, Hawaiian Tropic, and Playtex. Buy here and below a couple bucks. TP $78 or hold with watchful eye on financials and management.
NYSE:EPCLong
by biggair
1
Base Money - First Time EVER!The Base money of the U.S. has cross below the 200x2Wk SMA for the first time ever. It is a 200 SMA of the 2 Week print or data reading. This is just how the FED reports, every two weeks. However, it has crossed below the 200 SMA. This to me is signaling a DEFLATIONARY Event is on the horizon. When money is taken out of the system at this rate it will be DEFLATIONARY. Followed by a Hyper-Inflationary environment to correct. The next couple weeks will be important to watch to see if the FED corrects this right away or lets us slip into the hole of no return for a while. What do you guys think? Remember....this has never happened since we started keeping track of our BASE MONEY.
FRED:BOGMBASE
by jasonroy40
Bitcoin Daily Update (day 281)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 month. What you do with your $ is your business, what I do with my $ is my business. For a variety of reasons I no longer believe that $2,718 will be the bottom of the 2018 Bitcoin’ bear market. I am now very confident that we will return to $1,000 before finding a bottom. That is due to Tyler Jenks’ hyperwave theory and the Point of Control on the Visible Range Volume Profile with > 2 year look back | Calling for $35 ETH before the end of 2018, however I do not believe that will be the bottom. Strongly expect ETH to return to single digits before the end of 2019 | Calling a top in the S&P 500 at $2,634 Previous analysis: “It can be frustrating when things are so neutral. However this is a great time to practice patience and potentially focus on other markets.” Position: Short ETH:BTC 0.03109 | Short EOS:BTC from 0.0008057 | Short ADA:BTC from 954 sats | Short LTC:BTC from 0.00778 | Short XRP:BTC from 8710 sats | Short USDT:USD from $0.99 Patterns: Bear channel / hyperwave Horizontal support and resistance: S: $3,375 (currently being tested) | R: $3,600 BTCUSDSHORTS: Looks like it is trying to find support above down trendline Funding Rates: Longs pay shorts 0.0075% Short term trend (4 day MA): Close below Medium term trend (9 day MA): Held very nicely as resistance Long term trend ( 33 day MA): Bearish as it gets Overall trend: Fully bearish Volume: Volume decreasing as price consolidates / pulls up Candlestick analysis: Lower high and lower low when comparing todays candle to yesterdays. Ichimoku Cloud: Tenkan-Sen continues to follow 9 MA and Kijun-Sen continues to track along the 33 MA while in a C-Clamp. Now I am noticing that the cloud seems to ~ line with with 200 MA. That makes a lot of sense why a kumo breakthrough would provide such good entries and the cloud would act as support / resistance beforehand. Really liking these traditional settings! TD’ Sequential: Red 9 closed today Visible Range: 1 month lookback shows high volume nodes from $3,600 - $4,400 Price action: 24h: -4.1% | 14d: -12.1% | 30 day: -44.6% Bollinger Bands: Top band in line with 33 MA. Bband MA at $3,815 Trendline: Holding as resistance Daily Trend (Using 1h 33 MA to identify daily trend): Rolling over bearish Parabolic SAR: $4,189 RSI: Back below 30 and appears to be finding resistance Stochastic: Threatening to recross bearish < 20 after it looked to be providing a beautiful buy signal Last Day Rule: I was incorrect the last couple days. Bears setup day was today when the candle closed above the low of 12/7. Trigger day would occur if price traded above today’s high ($3,603) at any point (wouldn’t have to wait for close). Summary: As the price found resistance at the trendline things started to turn more bearish. The 9 day MA held as strong resistance, the RSI is back below 30, the Stochastic is threatening to recross bearish. Volume has decreased while price has pulled up from the low. Today’s candle had a lower high and and a lower low when compared to yesterday’s candle. I even considered taking the short entry on Bitcoin or Ethereum when the daily close below the 4 MA. However I passed because there are a couple very strong reasons telling me to stay away from shorts. First is the 200 week MA which I expect to act as strong support. Second is the daily Average Directional Index, which indicates in exhausted trend in the short term. Third is the daily red 9, as well as an agressive 13, on the TD’ Sequential. Fourth is the futures market being in backwardation for the last couple weeks. I have learned from Ugly Old Goat that this is a bullish indicator. All in all I am still not taking a long until price close above the 9 MA, even then I may pass. If not I will be extremely careful with my position sizing and leverage due to betting again the trend. I don’t like the risk:reward on a short at these prices and I don’t love the r:r on a long due to the 33 MA and daily parabolic SAR waiting from $4,181 - $4,500.
BITSTAMP:BTCUSD
by Sawcruhteez
DEATH CROSS COMING TO A MARKET NEAR YOU!As you can see, from the chart that the current trajectory of the 50 and 200 day SMA's are indicating that by mid December we will have us a Death Cross in the Broadest market measure...the S & P 500. This could however happen sooner or later than 12/12/18. This is given that the SMA's stay on their current trajectory through 12/12/18. A larger than expected fall from here could make that Cross happen much sooner, and a rise from here would push it out until mid January or February. Its going to happen either way.
SP:SPXShort
by jasonroy40
1
BTCUSD 3-6 Months pricetargetHello, What goes up, needs to come down aswell... After breaking the 6K level last week Bitcoin is looking for a solid support and new liquidity. An expected breakdown based on my previous analysis on the BTCUSD daily (see below). What I expect during the coming weeks to come: Exponential sell-off(s); This is needed in order to form a bottom (yellow bars) This will drive down the price heavily and drive up (DMI-) This idea supports the formation and continuation of the new ADX 'trend'. Support and price target @ 200weekly MA: 3 000$ Im looking forward to your feedback, Best, Bavo
BITFINEX:BTCUSDShort
by Bavo_DB
20
A Cyclical Review of the SPX Since Inception Shows the Next BullThe years denoted on the chart are the centre of each yellow circle. In each circle is the central violation of the 200 month moving average, amongst a cluster of three. You'll see the 200 month MA serves as support either side of the one circled. This is a bit of a loose use of the term support but what I mean is big recessions like this seem to result in three touches or violations of this MA. I've made a bit of a guess of the one in the 1870s but it seems a fairly clear pattern in the 1930s, 1970s and one may be emerging right now, with the first violation in 2009 according to one way of interpreting it: Version 1 Going by the pattern, we'll have two more 200 MA intersections then we're good to go in another multi decade bull market. I don't know when, but Barron's has said 2020 will be the start of the recession. Going by the chart, to get back to the 200 month MA we will need to at least go down to 1650 on the index. This is about a 50% retraction. Version 2 Another way to interpret it is we've had our three touches in 2009, '10 and '11. They are very close together though. In the 1930s recession, the first touch/support was in '21, the last in '42, a 21 year stretch before the next bull market. The one in '75 was much shorter, first support '74, second '78. A four year stretch. So perhaps governments have gotten more skilled at managing recessions and it's realistic to expect this one to be done and dusted in three years.
SP:SPX
by ndthl
A 4 to 5 Decade Cycle on the SPXThe years denoted on the chart are the centre of each yellow circle. In each circle is the central violation of the 200 month moving average, amongst a cluster of three. You'll see the 200 month MA serves as support either side of the one circled. This is a bit of a loose use of the term support but what I mean is big recessions like this seem to result in three touches or violations of this MA. I've made a bit of a guess of the one in the 1870s but it seems a fairly clear pattern in the 1930s, 1970s and one may be emerging right now, with the first violation in 2009. Going by the pattern, we'll have two more then we're good to go in another multi decade bull market. I don't know when, but Barron's has said 2020 will be the start of the recession. Going by the chart, to get back to the 200 month MA we will need to at least go down to 1650 on the index. This is about a 50% retraction. Another way to interpret it is we've had our three touches in 2009, '10 and '11. They are very close together though. In the 1930s recession, the first touch/support was in '21, the last in '42, a 21 year stretch before the next bull market. The one in '75 was much shorter, first support '74, second '78. So perhaps governments have gotten more skilled at managing recessions and it's realistic to expect this one to be done and dusted in three years.
SP:SPXShort
by ndthl