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Deathcross

📊 Bitcoin's Tight Range: Preparing for a Breakout 📊Bitcoin, the flagship cryptocurrency, has been caught in a narrow range lately, oscillating between the SMA 100 and SMA 200 on the charts. This tight consolidation phase has traders and investors on the edge of their seats, anticipating a potential breakout. Let's explore what this could mean for the world's most prominent digital asset. The Narrow Range Dilemma: Bitcoin's price has been tightly bound within the range defined by the SMA 100 (Simple Moving Average over 100 periods) and the SMA 200 (Simple Moving Average over 200 periods). Such consolidation is often a prelude to a significant price move, and traders are keenly monitoring the situation. Awaiting the Breakout: While Bitcoin's price action within this range might feel constricting, it's an integral part of its market cycle. Traders are looking for a breakout, which could potentially set the direction for the cryptocurrency's next big move. Significance of SMAs: The SMA 100 and SMA 200 are key moving averages used to identify trends and potential reversals. Crossovers or price action around these levels can provide essential trading signals. Predicting the Unpredictable: Predicting the direction of the breakout is a challenge. It could be either bullish or bearish. Traders are advised to have a risk management plan in place to protect against unexpected market moves. Trading Strategy: Preparing for Volatility Traders can set price alerts or use technical analysis tools to be alerted when the breakout occurs. Being prepared for sudden market volatility is vital when positioning for a potential breakout. Conclusion: Bitcoin's Quiet Storm Bitcoin's tight range is reminiscent of the calm before a storm. While it's uncertain which direction the market will take, it's crucial for traders and investors to be ready. Whether it's a bullish surge or a bearish dip, Bitcoin's journey continues to captivate the crypto community. As Bitcoin teeters on the brink of a breakout, keep a close eye on your strategies and adapt as needed. The cryptocurrency market is filled with surprises, and staying informed and agile is key to success. 🚀📈🌐 ❗See related ideas below❗ Don't forget to like, share, and leave your thoughts in the comments! 💚🚀💚
by Yaroslav_Krasko
BTCUSD confirming a fakeoutIn this brief and simple analysis, I'd like to focus your attention on the interplay between the 55EMA (green line) and the 200EMA (purple line), on the 1D timeframe of the index chart for BTCUSD. In technical analysis, when a faster moving average crosses above a slower moving average, you obtain a bullish cross, when the faster one crosses below the slower one, you have a bearish cross on your hands. Sometimes, when a cross is about to present itself, you'll witness a fakeout instead: a move on the opposite side of the trend that nullifies such potential cross between the moving averages. Usually, when something like that happens, price action tends to continue towards that direction sooner rather than later. While this is not a must, it's a general rule of thumb. In this specific case, we can observe what I would call a majestic example of a fakeout on the 1D timeframe, meaning that as long as all closes remain above the slower moving average - the 200EMA in this case - there's no reason to be bearish on BTCUSD. At the time of writing, the 200EMA is sitting around 27000.
INDEX:BTCUSDLong
by Andewyl
1
Disney Macro Looks Dire with Risk of Further 40% DeclinesHi guys! So this is a Pure Technical Analysis on the Macro structure of Disney (DIS). Macro in that we are on the 1 Month timeframe so each candle is 1 Months worth of price action averaged in. Just note why i don't ever look at news to influence my trades. We got rejected from our highs in October 2021, Desantos bill signing that sparked the lawsuit stuff happened June 2022. Prices were already on the decline way before. Just saying. Anyway moving on. What i want to point out is our current price action. We are currently BELOW the Major SUPPORT LINE that played support for about 7-8 years. Being a monthly timeframe, just note we have NOT yet confirmed as our current candle is ongoing. Ideally We would need to get back ABOVE and confirm Support to prevent further declines. BUT if we do confirm here its NOT a good look. BELOW the "The Last SUPPORT Line of Defence" is even way worse. If we end of Confirming Resistance Below "the Last Line of Defence", we risk almost 44% Price DECLINES back to the highs of a previous consolidation zone or the line labeled "Major Support". Its because the Rapid Price Increase labeled "Weak Market Structure" has no distinctive/ strong Support zones. Theres nothing to cushion the eminent Price Declines that may be awaiting us. Its mainly because we didnt test SUPPORT and have a slow methodical rise in price. We also recently printed a DEATH CROSS. By the looks of that monster mouth, its a long ways before its momentum fizzles out. If VOLUME also continues to be on the rise while we have this DEATH CROSS and price declines, aspect more price declines. And the likely scenario of the DECLINE to "Major Support". Keep in the back of the mind: This could make for a solid SHORT play once that confirmation below the last line of defence happens. Anyway look to smaller timeframes for more current price action to see how things shape up for the macro. Keep on the look out for updates in the hourly, daily or weekly timeframes. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on DIS in smaller timeframes in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NYSE:DISShort
by SafofAllTrades
4
Bitcoin Time to be Cautious with Bearish Signs ShowingHi Guys! This is a Technical Analysis on Bitcoin (BTC) on the 3 Day Timeframe. We've attempted since April 2023 to try and break ABOVE the Resistance Trend Line From End of June to Mid July, we attempted to Re-test the Resistance trendline for couple weeks BUT Failed with a REJECTION. Which brought Price Action to test SUPPORT on the 21 EMA (Purple line), before finally breaking through the 21 EMA and 50 SMA (Green line) with an ENGULFING BEARISH CANDLE. Bringing us below the 0.786 FIB level. But pay attention to the Volume, we initially have a spike in VOLUME during the break down but there has not yet been signs of follow through so wtch closely. 2 Major patterns have shown up that makes me CAUTIOUS with BTC atleast for the short term. If they play out could bring BTC to test the 0.618 FIB level @ $24200 ***1st is the fast approaching DEATH CROSS, where the 21 EMA crosses below the 50 SMA. If you look left ( on your own time) as i have not zoomed out on the chart. There are MIXED scenarios where some indicate massive bear markets and other times where we have price declines that last only couple months. I think the later is more likely where we have a correction for some weeks to couple months before having a GOLDEN CROSS and continuing back into a BULL market. ***2nd is the BEARISH DIVERGENCE forming in the charts. This is when Price action shows HIGHER LOWS but Indicators show LOWER LOWS. AND that 2 Indicators are showing such signs. It normally leads PRICE ACTION to mirrow the indicators by also forming a Lower Low. Thus having the 0.618 FIB level be that LOWER LOW Target. ALso i would love to see in the Indicators: 1. RSI Move back ABOVE Red Horizontal Line 2. MACD Move back ABOVE 0 level If we dont, we can see further price DECLINES adding to the risk of seeing that 0.618 FIB Level. This 2 Bearish Signs merit CAUTION in BTC, i would not take positions here but wait out to see how things play out. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on BTC in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
BITSTAMP:BTCUSDShort
by SafofAllTrades
6
Death-to-the-Golden Cross // BTC 100d-MA & 600d-MA During the previous 2 cycles, once CRYPTOCAP:BTC 's 100d-MA fell below the 600d-MA (death cross), CRYPTOCAP:BTC 's price proceeded to capitulate to at or near the bear market lows. Once CRYPTOCAP:BTC 's 100d-MA moved above the 600d-MA (golden cross), the 100d-MA did not come back down below the 600d-MA until the following cycle's lows. Moving now to the current cycle, CRYPTOCAP:BTC 's 100d-MA once again fell below the 600d-MA on May 13 2023. CRYPTOCAP:BTC 's price then proceeded to capitulate down to the current cycle's low (~$15,473). Then on July 26 2023, CRYPTOCAP:BTC 's 100d-MA moved above the 600d-MA. Now we just need to wait and see if the trend holds. Confirmation won't be known until either the next bull cycle really kicks off, or if the 100d-MA is not able to hold above the 600d-MA before price can reach a new ATH. Death to the Golden Cross
INDEX:BTCUSD
by AHoboWithAStick
4
📈Golden Cross and Death Cross: Decoding Forex Trading Signals📉 ✅When it comes to analyzing the Forex market, traders often rely on various indicators and patterns to make informed decisions. Two popular patterns that can provide valuable insights are the golden cross and death cross. In this article, we will explore what these terms mean, how they can be identified, and how traders can use them to their advantage. ✅Golden Cross: The golden cross is a bullish signal that indicates a potential uptrend in the market. It occurs when the shorter-term moving average, typically the 50-day moving average, crosses above the longer-term moving average, usually the 200-day moving average. This crossover suggests that the price is gaining momentum and that buyers are becoming more active. Traders often interpret the golden cross as a confirmation of a strong market sentiment, leading them to open long positions or increase their current holdings. It is seen as a positive sign as it suggests that a positive trend is likely to continue. ✅Death Cross: On the other hand, the death cross is a bearish signal indicating a possible downtrend. It occurs when the shorter-term moving average crosses below the longer-term moving average. Similar to the golden cross, the death cross is typically identified using the 50-day and 200-day moving averages. The death cross can be interpreted as a confirmation of a negative market sentiment with increased selling pressure. Traders may consider opening short positions or reducing their existing long positions in anticipation of a downward trend. ✅Using Golden Cross and Death Cross in Forex Trading: While the golden cross and death cross patterns can provide valuable insights, traders should not solely rely on them for making trading decisions. It is important to consider other indicators, fundamental analysis, and overall market conditions. 🟢Confirmation: Traders should look for additional confirmation, such as increased trading volume or other technical indicators aligning with the signal, before entering a trade. 🟢Timeframes: Different timeframes (hourly, daily, weekly, etc.) can produce different crossing signals. Traders should select the timeframe that suits their trading strategy and goals. 🟢False Signals: It is crucial to acknowledge that golden cross and death cross signals are not foolproof. In certain market conditions, they may generate false signals, leading to incorrect trading decisions. Thus, it is advisable to use them in conjunction with other technical analysis tools. ✅The golden cross and death cross are popular patterns used in Forex trading to identify potential bullish and bearish market conditions, respectively. These signals provide traders with valuable information about market sentiment, allowing them to make more informed trading decisions. However, it is important to use these patterns in conjunction with other indicators and analyses to increase the probability of success. Remember, understanding these patterns is just the beginning of the trading journey – continuous learning and adaptation are key to becoming a successful trader. I hope this post was helpful to some of our beginner traders😊 Dear followers, let me know, what topic interests you for new educational posts?
BITSTAMP:BTCUSDEducation
by SignalProvider
7
Stock Market Death Cross, Impending Earnings RecessionRSP was trading below the 200 day moving average in the after hours. I wonder if it is going to open that way tomorrow. Also the 63 day moving average, which represents the quarterly moving average has fallen below the 200 day moving average as well. Not too often does this happen and more downside doesn't follow in the weeks to come. From a pivot point perspective the total market is also trading below the pivot entering the month of June signaling that although mega caps have rallied in a major way, the average analyst consensus is a bearish stance. I say that as we've recently seen recent reports that further margin contraction is under way and an earnings recession later in the year is coming. Check out the Equity Channel Podcast on Apple, Amazon and Spotify to learn more about stock trading and investing.
AMEX:RSPShort
by D1Finance
US 10 Year Yield On The Cusp of Breaking DownThe 10 Year Yield has been trying to hold this B point level as Support for the longest time but everytime it tries to bounce it gets pushed right back down and in the most recent try we saw it come up to test the moving averages while it Bearishly Diverged and began a Death Cross. If we can get a serious BAMM Breakdown from here it coulkd go down all the way to 1.4% which would likely coincide with a huge decline in the DXY and a rise in the stock market.
TVC:US10YShort
by RizeSenpai
1
Bitcoin Price Prediction About Rising ChannelAs it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area, we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe. The predicted decline and reaction rise areas do not seem to be very pending. As I expected, the main decision area seems to be around $18,500. Feel free to comment, knowledge multiplies by sharing.
Short
by the6ylal
11
Bearish Divergence on Daily BTC Chart and Channel ResistanceIf we look at the current situation, we are faced with an unexpected rise in the BTC table, considering both the USA inflation data, the global markets and the US Dollar Index . We've come to the resistance zone of an already rising channel , as if that wasn't enough, there is a weekly period death cross presence. In addition, there was a serious negative mismatch between the price and the relative strength index in the daily timeframe . Considering these data, it would not be surprising if the price tries the channel subband $18.5K from this point.
Short
by the6ylal
2
ETH Weekly Death Cross ? ETH/USD #ethusd #eth #ethereumWell...I know the market can be hard to read sometimes but the ETH weekly chart above seems like it will have a Death Cross soon on our weekly chart . That's the main thing I see here . You see that light blue 50 MA ? And it looks like it will cross down through the dark blue 200 MA perhaps sometime this month ,in April . That's called a Death Cross of the 50/200 MAs or moving averages .It's bearish and price could definitely go down though it remains to be seen if the cross actually occurs . Bitcoin had a similar Death Cross on it's weekly chart in early February - and though it did dump a bit it also had a pump above weekly 200 MA recently . If we are going to avoid this cross ETH would really need to pump from here though . Not sure it will. Let's see how it plays out .
BITSTAMP:ETHUSD
by shimmeringpath
1
🌀Golden Cross And Death Cross Patterns Explained🌀 💱Today, we're talking about the exciting world of technical analysis, specifically the golden cross and death cross patterns. 💱So, what exactly are these patterns? Well, let me break it down for you. The golden cross pattern is a bullish signal in which a shorter-term moving average rises above a longer-term moving average. On the other hand, the death cross is a bearish signal in which a shorter-term moving average falls below a longer-term moving average. Simply put, the golden cross is a sign that the stock is on an upward trend, while the death cross indicates a downward trend. 💱Now, I can hear some of you thinking, "Why are we talking about crosses? Shouldn't we be discussing actual trends and data?" And I get it, the terminology can be a bit confusing. But the reason these patterns are so important is that they can give you an early indication of an approaching trend. 💱For example, let's say you're a savvy investor on the hunt for the next big thing. You spot a stock that's been on the decline for months, but suddenly, the shorter-term moving average crosses above the longer-term moving average, creating a golden cross. This could be a good sign that the stock is about to turn around and start heading upwards. 💱On the flip side, if you're already invested in a stock that's been doing well, but suddenly a death cross appears, it could be a sign to cut your losses and sell before the stock drops further. 💱Now, don't get me wrong, these patterns aren't foolproof. There are plenty of instances where a golden cross or death cross doesn't accurately predict a trend. But it's still a valuable tool to have in your toolbox when it comes to analyzing the markets. 💱So, whether you're a seasoned investor or just dipping your toes into the world of stocks, keep an eye out for those golden and death crosses. They may just give you the edge you need to make informed trading decisions. Happy investing! I Hope you guys learned something new today✅ Wish you all Best Of Luck👍 😇And may the odds be always in your favor😇 Do you like this post? Do you want more articles like that?
Education
by ProSignalsFx
9
BTC Fake BreakOUT and Price PredictionAs it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area , we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe . The predicted decline and reaction rise areas do not seem to be very pending. As I expected, the main decision area seems to be around $18,500. Feel free to comment, knowledge multiplies by sharing.
Short
by the6ylal
1
BTC VS TOTAL 1W - Pattern invalided? During Deathcross BTC creates first the cross then TOTAL During Goldencross TOTAL creates first the cross then BTC The last Goldencross now in February (2023) BTC created first the cross then TOTAL. Is the cross invalided? Furthermore the next levels are 9% to next Reversal Point. Price: $26780 The average of 35% (based on the 2 previous Golden Cross) gets us to $29200. Date Date. Days of. Price. Price Start End Type Differene Open Close Difference Market Days 1st 2nd 01/04/18 08/04/18 Deathcross 8 $6.808,00 $7.020,00 3,02% -5%. 8 BTC. TOTAL 19/04/19 24/04/19 Goldencross 5 $5.258,00 $5.416,00 2,92% 150% 63 TOTAL BTC 13/10/19 26/10/19 Deathcross 13 $8.280,00 $9.244,00 10,43% -37% 36 BTC TOTAL 14/02/20 18/02/20 Goldencross 4 $10.360,00 $9.684,00 -6,98% -53% 25 TOTAL BTC 25/03/20 02/04/20 Deathcross 8 $6.737,00 $6.751,00 0,21% 50% 46 BTC TOTAL 19/05/20 21/05/20 Goldencross 2 $9.800,00 $9.071,00 -8,04% 35% 95 TOTAL BTC 19/06/21 07/07/21 Deathcross 18 $35.767,00 $33.836,00 -5,71% -22% 38 BTC TOTAL 31/08/21 16/09/21 Goldencross 16 $47.116,00 $47.775,00 1,38% 36% 39 TOTAL BTC 14/01/22 23/01/22 Deathcross 9 $43.097,00 $36.224,00 -18,97% -19% 9 BTC TOTAL 07/02/23 13/02/23 Goldencross 6 $23.243,00 $21.780,00 -6,72% ONGOING BTC TOTAL
Long
by Sidi25_
Bearish Divergence on Daily BTC Chart and SMA200/W ResistanceIf we look at the current situation, we are faced with an unexpected rise in the BTC table, considering both the USA inflation data, the global markets and the US Dollar Index. We've come to the resistance zone of an already rising channel, as if that wasn't enough, there is a weekly period death cross presence. In addition, there was a serious negative mismatch between the price and the relative strength index in the daily timeframe. Considering these data, it would not be surprising if the price tries the channel subband $18.5K from this point.
Short
by the6ylal