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Deathcross

Solar Energy ETF - Death CrossChart shows death-cross highlighted as a pink circle. The definition of a death-cross is when the 50sma crosses below the 200sma. This technical pattern signals further downside. The red horizontal level R1, is the bullish short-term target, if we can cross the 50 (orange) and 200 (red) moving averages, and revert the death-cross. However, unless we can stay above the mid-level (blue-line), that is unlikely happening.. S1 could be an important support around $58, as we see a couple of tests back in September 2020. OBV shows lower lows, supporting the downtrend.
AMEX:TANShort
by dorfmanmaster
BTC: Last chance for survival.Every time a death cross happened (200/50MA cross) BTC has entered into a bearish cycle. During JULY 2017 bullrun, BTC was close to complete a deathcross, 50 and 200MA were getting closer, but after the "dip" a strong rejection happened and price recovered. That was BTC hope for nowadays price action once we fell from 64k, but then 30k flash crash happened and 200MA 1D (39k) was pierced. Can we go push prices above 200MA 1D massively and quick so 50MA moves higher quickly and draws away from 200MA avoiding a massive death cross? It's last BTC hope for resuming the bullrun, otherwise BTC will complete a wyckoff distribution following by an accumulation which may take months. Marketbuy or crash. NFA.
COINBASE:BTCUSD
by diversionlulu
7
The dreaded death cross and a bearish pennant flag - What next? If you go back in AMD's chart, the golden and death cross has historically been a pretty good indicator to follow, and today, the death cross occurred, right below the pennant. While this may seem bearish, Id wait another couple days to make a trade because AMD just hit a looong support line ( A support trendline thats held for nearly 4 years (its that green line)). This could go two ways now, the bears win and that support turns resistance OR the trendline holds and this was just a fakeout. Tell me what you think (The results probably very largely dependent on their earnings report on 27th, which might be not be too great cos of the semiconductor shortage plaguing everyone) Thanks for reading, ask me anything and ill definitely respond - Hit that like button and follow me for more like this, itd mean a lot :) __________________________________________________________________ For anyone new to TA, Ive decided to explain any terms I use, just in case it helps someone - A death cross is when the 50 day MA moves under the 200 day MA (bearish) A golden cross is the opposite, its the 50 day MA moving over the 200 day MA (bullish) The pennant flag is that thing I drew in blue, its a pattern that when you draw over, it kinda looks like a pennant hanging on a flagpole, when its upside down its bearish and when its straight up its bullish
NASDAQ:AMD
by ReedusFeleedus
1
Death Cross Chart Pattern - GoldA death cross occurs when the 50-day moving average crosses below the 200-day moving average. In addition we can observe the weekly EMA ribbon directly on support: Occasionally this is a setup, but if price falls below the ema ribbon that is considered very bearish - particularly on a weekly time frame. Additional Clarity offered on the death cross here: This death cross indicates, according to technical analysis, that the short term trend (50day) has fallen under the long term trend (200day). Treasury Yields are indicating the dollar may rise higher, and as those of us who have been observing the increase in the US Dollar see - a bullish DXY is a bearish signal typically for gold. The 10Y hit its highest level today since Feb of 2020 (which was pre-covid mania) This is because owning bonds offering a yield is preferable vs a commodity that does not offer yield. The Yield in Treasuries is direct competition with gold - along now with the new powerhouse on the block Bitcoin. Keep in mind as well that an ounce of gold now costs .03~ bitcoin! Chart will be provided below. It is also worth stating that Bitcoins market cap is now $975.2B. If we exceed $1.5T Bitcoins market cap will have surpassed silver which one could then assume the next runup will be targeting superseding Golds dominance. The other issue gold has to contend with is optimism from the broader market that as the nation opens back up, and consumers flush with cash we may see, and hopefully so, a broad economic recovery. The irony, and a strength for gold though is that the formula for inflation is M2*V=inflation. We all know that M2 has gone significantly higher, unprecedently higher. Velocity has been more than muted, it has been crushed. I would argue (and may get some counterpoints shooting me down, and I welcome the debate) that as the nation opens back up, we will see an increase in spending and activity and dare I say traveling and vacationing, home improvements, acquisitions of new homes to take advantage of low rates - which will heat up the economy & increase velocity. If velocity increases enough we could see a nice pop in inflation - not calling for hyper inflation, but even a conservative pop could work wonders for gold. Keep in mind that retail sales increased 5.3% in January which is indicative that those stimulus checks are indeed being put to work. www.marketwatch.com Pivot Points for Gold Targets: There is a lot to weigh out when one considers longing gold, but for now gold appears to be in a position where the gold bears have taken over, and the gold bugs are fighting for support. If you enjoy this chart please be sure to like it! If you see things differently I respect your opinion and would love to learn from it! Please be sure to comment and tell me why I may be wrong. And as always friends I wish you nothing but good fortunes and great success!
OANDA:XAUUSD
by ZenMode
89
Hoist The Jolly Roger BTC/USDT #Bitcoin $BTC #BTC Here we see our Bitcoin 2 hour chart . Can you see that red X on the chart ? Well, X marks the spot where we may see a Death Cross happening very soon . A Death Cross is when our light blue 50 MA crosses down and through our dark blue 200 MA . This should bring downward price movement. It's a very bearish event - though keep in mind this is the 2 hour chart . While it's hard to know how low this can go it wouldn't be impossible for Bitcoin to actually go sub 50k here . Please understand we are still long-term bullish for the rest of the year even if we see more pullback on Bitcoin. This will also be great for altcoins which could see a little altseason starting soon.
by shimmeringpath
AMD update: potential path based on technical analysisNo death cross on the daily chart. The stock has significant support at the $73.90 level. Most recent resistance at the $87.10 level. 4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment. We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be choppy, be careful. There could be some chop while the chip shortage is resolved and the tech sell-off finishes, but this should be a good medium-term trade/investment to start building a position in. Buy under $80. Price Target $100-115 Stop Loss $70.
NASDAQ:AMDLong
by EBITDAtiger
2
The Golden Cross Against The Death CrossThe Golden Cross Against The Death Cross What is a simple moving average? A simple moving average of the price is a mathematical method by taking the sum of the price in the timeframe you decided to use and then divide that by the total number of the price you decided to use. An exponential moving average of price places more weight on recent price. What is a Golden Cross? A Golden Cross is when the 50 units moving average crosses above the 200 units moving average. Predictability of a Golden Cross? Usually Bullish What is a Death Cross? A Death Cross is when the 50 units moving average crosses below the 200 units moving average. Predictability of a Death Cross? Usually Bearish Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
NYSE:NIOEducation
by GreenfieldAnalysis
2