Get started

Deathcross

quick "death cross" analysis: predicting the bottomWe are about to "death cross" on the 200/50 daily. Consider that previous "death cross" was never as severe, lasted from 4 and 9 months respectively. The parabolic downtrend line is about to break, so we might see higher prices in the next 24 hours, before diving down again. We should fully expect a drawn out "death cross" down trend to last 2-3 quarters at least, before climbing just before elections up to keep trump in office. (he probably doesnt need the help....biden is terrible) we might see a pull back to 2600 and 2800, before falling to 2000 before ranging, where smart money will likely let us accumulate, followed by a bull trap, before dumping the market to wash out weak hands by testing the 2K low. Once the stop hunt is complete, smart money will move markets back up again. Going long now could get you stopped out early by another weak stop hunt to 2100 might hit in 5-7 days. Target price of 2500/2600 is good, but high volatility means we position sizing and risk management is more important than ever. better to use ES as a hedge IMO.
CME_MINI:ES1!
by pokp
CHFJPY DOWNSIDE - DAILY TIMEFRAME Right then after a very volatile period due to coronavirus, it is time to move on as best as possible with unaffected pairs. Currently we have found a sell off available for CHFJPY, which does not seem to have the volatility issues presented currently through other main currency pairs. A death cross is looking due on the daily charts, towards the fibonacci level shown which has been analysed on a monthly candle time frame to engulf the entire historical movement of the price.
Short
by JamesSpindler
ETHEREUM LOOKING BULLISH AGAIN!!Hey there, please support this idea with your likes and follow me on TV if you don't want to miss out! Take a close look at this chart and what is written on it. Ethereum is currently being rejected my the 1004h MA and price is now being squeezed between the 100 and 2004h MA. We are going to have a deathcross of the 2 moving averages shortly, so we will see if this is going to have an impact on price. Since the 2004h is ascending and only the 100 is declining, I wouldn't put too much emphasis on this signal. 250 seems to provide strong resistance with multiple factors in play, such as Setup-trendline of the TI Indicator, 0.5 fib, structural support in the past, and psychological round number. For now we have a big hurdle to get over with price now sitting at key structural resistance from the consolidation at the top. Luckily for Ethereums price, we are now forming a 4h bullflag and if this day closes around the current vacinity then this could send ETH into 250USD. Ok so as I am writing this we are breaking over the bull flags resistance, so now the 1004h is the next hurdle, which we are now sitting on. Exciting times and many trading opportunities currently, take your chances and play wisely! Thanks and cheers, Konrad
BITMEX:ETHUSD.PLong
by EnlightenedTrading
LTCBTC at a key fulcrum point.ltcbtc at a key fulcrum point. Needs to maintain support on the one day 200ma to trigger the falling wedge breakout and maintain the golden cross...if it loses 1day 200ma support then it will likely trigger the double top breakdown which could send it into a deathcross. If it did flip back to deathcross, that deathcross could still be more of a deathcross fakeout as long as prive action were to have a huge rebound after the breakdown. So even if the double top were to occur that doesn't necessarily mean a sustained deathcross is a guarantee we could still just have a deathcross fakeout and flip right back into a golden cross shortly there after.
by DrDovetail
BTCUSDT 4H DOUBLE DEATH CROSS LONG TRADE STRATEGYThe double death cross strategy employs one more moving average that will help you anticipate when the death cross signal will occur. The third moving average is the 100-day MA, which is a medium-term MA situated between the other two moving averages. Step #1: Wait for the 50-day EMA to cross below the 100-day EMA. The two moving averages also need to converge with the price action. You can read more about day trading price action here. If we get the crossover of the 50-day MA (blue line) and 100-day MA (orange line) at the same time the price is testing those moving averages like it’s doing on the GBP/USD chart below, that’s the best-case situation for trade because we can define the risk. The rule you need to keep in mind is that when the MAs converge with the price you have to get ready for the ride because it is going to get BUMPY! Step #2: Multiple entry strategy: Sell1 when we close below 50-day MA and 100-day MA. Sell2 when we break and close below 200-day MA. Using multiple entries to improve your average entry price can be the best way to approach the death cross signal. Scaling into a position is our preferred trading method when looking to capture a large price move in a currency pair. The fact that the price was near the death cross signal, it created tension in the market that eventually will lead to a sharp move to the downside. We pull the trigger on the first half of the trade once we close below the 50-day and 100-day moving averages. If at the moment when the death cross developed we’re already trading slightly below the two moving averages, sell at the market the moment we close below. The second half of our position is entered once we break and close below the 200-day moving average. **Note: It’s important to remember that the success of the death cross signal relays on this simple trade secret that price and the two moving averages need to converge. Keep it 'simple stupid' is not just a simple aphorism, but it’s an old truth that can make the difference between losing and making money trading. Step #3: Hide your protective Stop Loss above 50-day MA and 100-day MA The most important thing we need to define when trading is our risk. If you want to be a profitable trader you really need a limited risk. This is the type of death cross trades that we want to pull the trigger on. If the price were to move back above those moving averages, we can safely assume this is yet another false trade signal. In this trade case scenario, we’re risking a little and our reward is potentially much bigger. So, the best place to hide your protective stop loss is above the 50-day MA and 100-day MA. Step #4: Choose your own Take Profit strategy or use this Two-step process for the take profit strategy: Mark on your chart the high of the candle when the 50-day MA crossed below 200-day EMA. Take profit when this high is broken. Our take profit strategy might seem a little bit complex, but once we break down the steps you need to follow, it will make more sense why we’ve chosen this approach. The first thing you have to do is to remember what we said at the beginning of the article which is that when the price doesn’t converge with the two MAs this is a death cross false signal. In the example below, we can observe this type of price action. Now all you have to do is to mark the high of the candle when the death cross happened and take profit as soon as the high gets broken. **Note: The above was an example of a SELL trade using the death cross strategy. Use the same rules for a BUY trade – but in reverse, in which case we have the golden cross trading strategy. Conclusion - Death Cross Stocks Following the death cross trade signal can be a very efficient approach to identify bearish sentiment in the market. If you want to switch from short-term trading and try capturing larger trends the double death cross trading strategy can help you achieve your goals. You must know that the death cross definition is universally applicable to any other asset classes. We can have a death cross crypto or a death cross gold the same way we can have a death cross S&P 500. Capturing and detecting bearish trends can be a hard task because downtrends are typically different than bullish trends. However, the double death cross strategy gives you a systematic way to tackle bearish trends.
Education
by Tradingstrategyguides
2
BTC Searching for SupportBTC had an infamous death cross back in mid November (red ellipse) and has struggled to keep the 200 day EMA above the 50 day EMA ever since. Recently however the market has been making effort to do just that. There has been quite a bit of volume recently suggesting seller exhaustion may be around the corner. The price is forming a strong upwards channel in which is steadily collecting confirmation points along the lower support line. It is still finding resistance with the upper bound but greater volume could possibly break it through. Back in late October, the 50 and 200 EMA lines almost made a death cross but instead the market rallied and within 2 days went from $7490 to $10,480. Unsustainable at the time the price slide from there to a lower low of around $6620, a natural market correction happening over 1.5 months. Now the market seems to be on the verge of a re-crossing of the EMA's back to a bullish trend . It will take around another week fr this switch to be confirmed and in that time BTC needs to steadily gain sup [port at the price level it is at. The gold line directly connects with the support level of the current channel. This forms a natural Thomas Denmark ( TD ) bullish trend . That is, the price was being consolidated within that triangle and the market had 3 times where it hit the lower bound, which is a bullish trend line , and it could have slid out of the channel but instead bounced to a higher high, within four candles. For more on TD indicators please read this article: forextraininggroup.com There are many bullish signals for BTC in the news recently such as the famous hash ribbons turning buy, www.newsbtc.com which makes this a precarious time for BTC because the bullish trend wont be con rimed until we have a healthy market rally to ~10k that isn't within a 48 hour window, with sustainable volume .
BITFINEX:BTCUSDLong
by Bitcoinboy
2
Is History Going To Repeat?We've been following the last bear market pretty close so far and right now its time to be concerned with this situation. Yes there are many bullish factors including the halving coming soon, but be aware of this chart when you're feeling too bullish. Let's hope it doesn't come to this and we manage to break above the 200 Daily Moving Average and continue our bull run. 3 things in my opinion can confirm the bull trend: 1. We go above 10400 to form a higher high 2. We make a weekly candle close above 9500 3. We have an open and close weekly candle above the 20 weekly moving average
BITMEX:BTCUSD.PShort
by Crypto_Burger
LINK Update! Potential Death Cross!Despite support on the 200-day twice now, the 617% move between May 1st and July 1st 2019 was very unhealthy due to the short-term explosive growth. We have already retraced to the 76.4% fib retrace level, and price is now trying to hold support at the golden ratio 61.8% fib level. If we close below the 61.8% level on the monthly and/or weekly chart, that will mean a high probability of coming back down to the 76.4% level. This would form the beginings of a descending triangle pattern, which of course means bearish movement ahead, but only if the price doesn't go directly down to the 100% retrace level first. This is no guarantee of course, but if we have that 50/200 day death cross, price below the 200-day as well, and the 200-day angled downward... these are basically the definition of a bear market. So keep an eye on those things!
Short
by lysergik
2
Technical analysis of USD/CHFIntraday bias in USD/CHF remains neutral as range trading continues. In the bigger picture, medium-term outlook also remains neutral as USD/CHF is staying in the range between 0.9660/1.0237. Until the 0.9841 support (50% Fibo retracement and the lows from Sept. and Oct.) stay intact, the rise from 0.9660 is expected to resume sooner or later. On the upside, the first resistance is 0.9926 (December 03 high). If the bulls manage to cross that level, this can act as a validation point to escalate the run-up towards 0.9980 and 1.0000 round-figure, which break will bring retest of 1.0027 area. However, sustained break of 0.9841 will indicate near-term reversal and pave the way back to 0.9660 support. Right now the pair is testing the lower boundary, near 0.9870, of the bearish flag formation on H4 chart. Also the 50 SMA just crossed bellow 200 SMA on the same time frame, which is a death cross and indicating the potential sell-off extend. But Sellers should wait for a confirmation of the downside break of flag support to aim for the theoretical target of 0.9700.
by ForexTrendline