Get started

Deathcross

Death Cross in Gold Miners as Bitcoin DoublesWe cited the bullish potential in gold prices late last year. This played out as expected, but there hasn’t been any follow-through. Now some bearish patterns are taking hold. This chart shows the downward trend line in the Market Vectors Gold Miners ETF. Notice how the latest rally tried and failed to push above it. Next is the rising channel in place since late November as GDX clung to the 200-day simple moving average (SMA). That pattern is starting to look like a bearish flag, with the potential for a breakdown if the late-December lows give way. Third, notice how the 50-day SMA just slid below the 200-day SMA. That’s a bearish “death cross” pattern. Even more things are happening off the chart than on it. After all, the U.S. dollar feel steadily in November and December. Gold’s inability to rally with that favorable backdrop is potentially bearish. Next, the greenback is showing signs of bottoming. If it were to keep bouncing, that could also hurt gold. Finally, Bitcoin doubled in price between December 15 and January 8 as GDX did nothing. BTC’s relative strength, combined with the drumbeat of institutional adoption, suggests a real sea change is taking place before our eyes. The next few months could be important in the history of money! TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
AMEX:GDXShort
by TradeStation
1
EUR/NZD 🇪🇺🇳🇿 to fall and bounce!EUR/NZD 🇪🇺🇳🇿 has formed the broadening Wedge pattern. The price has recently been rejected by the bottom upward trendline , however as the death cross suggesting the price can possible test the area again after which , according to the ROC divergence and stochastic crossover the price is going to rice up to the test of 1.76985 lvl with the possible further growth. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Short
by Alexander_Harford
5
GBP/USD🇬🇧 🇺🇸 to decline!GBP/USD🇬🇧 🇺🇸 has formed the descending triangle. The price has been falling according to the smooth downtrend except the fake out. However , as the Stochastic is in the overbought and about to cross over and the 50&200 ma provided us with the Death Cross the price is going to decline. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Short
by Alexander_Harford
2
CHF/JPY 🇨🇭🇯🇵 to fall to the 115.344 with the following spikeTaking the multiframe look at the CHF/JPY 🇨🇭🇯🇵 on the 2H chart we see the Long Upper shadow that suggest that the price can decline down to the Local Support of 115.344 that is also backed by the bearish ( almost Dead Cross) narrowing of 50&200 MAs at the 12 H chart. There the price most likely to bounce from the long lasting Uptrend Line up to the area of 116.166 lvl. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Short
by Alexander_Harford
3
Bitcoin approaching a death cross and heading lowerThe 50 (Green) DMA is approaching crossing under the 100 (Blue) DMA. If this goes ahead, this would trigger a strong signal that BTC will be heading lower. With the RSI also close to the over bought level, this adds another signal/metric for an impending downward trajectory. The price has also remarkably followed a supporting trendline for over a month. If a death cross gets triggered and the price falls below this trendline, a downward pattern on 3 signals (death cross, over bought RSI, price falling below a supporting level) will have been confirmed. At this point, it looks as if a downward pattern will be forming soon.
BShort
by slip_stream
Golden and Death CrossesThe most popular and simplistic way to use moving averages is to divide the market into a bullish or a bearish one based on a cross. Even today, financial newspapers refer to these crosses as being really important and defining for a market. In order to look for a golden or a death cross, a daily timeframe needs to be open on the financial product one is interested in trading. In our case, let’s use the daily chart on the BTC/USD. The next thing to do is to apply two different moving averages on the chart: one that takes into account 100 as a period (MA100), and one that considers 50 as a period (MA50). This means that MA100 is plotting a value based on the values of the last 100 days, while the MA50 one is taking into account only the last 50 days. The overall idea to interpret a market is quite simple: When the MA50 moves above the MA100, or it makes a cross, this cross is called a golden cross. It means that from that moment on the overall market turned bullish, and so buyers should dominate that market. The opposite is true as well: When the MA50 crosses the MA100 to the downside, the cross that is formed is called a death cross, and signals a bearish environment in the period ahead. The BTC/USD chart below shows both golden and death crosses, as the MA50 (the red line) crosses above or below the MA100 (the white one). Best regards EXCAVO
BITSTAMP:BTCUSDEducation
by EXCAVO
16
Potential 4hr chart double bottom in play on BTCUSD price action is 1 4hr candle away from 4hr deathcross, but this could easily end up being a deathcross fakeout even if the cross occurs...there is double bottom potential here on the 4hr chart if it can flip this green horizontal neckline to solidified support...the breakout target for the double bottom is pretty close to the target from the 4hour falling wedge pattern from my previous idea as well which makes for good confluence...also we are currently inside a bull flag too on the 4hr which is making upn the right part of the double bottom and also has a similar target once again increasing the confluence and in turn the probability for a bullish breakout. Best to wait and see it confirm first before making a move as well as seeing how price action responds to the initial cross of this 4hr deathcross.
COINBASE:BTCUSD
by DrDovetail
This is my look at Bitcoin VS USD on 05.28.2020I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... This is my look at Bitcoin Vs USD on 05.28.2020 This is an experimental indicator that I have made and testing it out... It is using the EMAs the white line is 13 EMA, the green line is 55 EMA and the yellow line is 89 EMA ... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing down like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head higher in the next couple of days and using the RSI and the MACD that should be happening sometime over the weekend or early next week has helped to confirm that for me... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing up like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head down in the next couple of hours and using the RSI did have a couple of death crosses over the last day or so and the MACD looks like it will have a death crosses any time now! What do you think about this, a good idea or a bad idea?
COINBASE:BTCUSD
by ADHDing_
2