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
Deathcross
USD/CNYFX_IDC:USDCNY Price is at a tough spot and I should wait to make a guess. Price could break out of the triangle and retest the resistance zone(I didn't mark it but it will be the last high)before it shoots up -OR it will come back down to the daily support and continue in the range. All I can say for now is that I'm watching to see if a "death cross" will form from the 200 ema and the 20 ema.
📈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😊
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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.
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.
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.
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.
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 .
🌀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😇
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NEGATIVE EXPONENTIAL MOVING AVERAGES CROSSING on BTCThe 10 and 50 period exponential moving average intersection, which is one of the intersections that I take into account, has been confirmed.
For this crossover to remain fake, we need to see a 1-day close above the 10-period exponential moving average at least.
Considering that the market situation is not good in terms of fundamentals, I think that the decline will deepen.
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.
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
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.
BTC/USD Weekly Death Cross?Dear Investors and Traders,
Based on my chart, I saw weekly death cross at weekly timeframe. Am I wrong?
Perhaps I wanna wait until 15k or below to entry. I reckon you guys as well.
Critics and comments are super appreciated !
Good luck!
PS: Don’t trade blindly. Please do research at the1st place
Weekly Bitcoin Death Cross being delayed ?Posted this chart a while ago and pointed out the Death cross Bu tLOOK..the 50 EMA is starting to lift
It has a way to go yet to avoid this Death Cross but if the bulls can keep this up...We may well avoid it...
Biut it is not going to be easy....I think Delayed maybe more realistic..the amount of money required to lift that 50 MA enough is HUGE......surely ?
BUT-
stranger things have happened
DEATH CROSS!I strongly believe this short-term run will top out around $23,200-25,000 touching the 200-day ema.
If the 50-day ema crosses over the 200-day it is called a DEATH CROSS, my targets haven't changed.
These short-term runs are driven by FOMO and liquidation.
if this does play out it will be the last bearish movement for bitcoin.
--------------------------------TARGETS-----------------------------------------
$16,000
$14,000
$11,000
This is a similar chart from 2018 if you are interested,
cryptopotato.com
Thank you for reading :)
Bitcoin Weekly Incoming Death CrossFor the first time on a Weekly chart, BTC is facing a Dearth Cross on the 50 SMA ( red) and the 200 ( Yellow)
Chart also Shows that the 50SMA is starting to lift off projected path towards the Death Cross
This has never happened on a BTC chart before and I do not see how it can be avoided now
BTC has ignored these on a daily- Jun '21 for instance, Where PA continued on a slight downhill but then climbed rapidly to a New ATH
All depends on sentiment when this happens and, to many extents, May urge Bulls to pick up the pace
Either way, I do not See PA plunging as a result but it is a wise idea t know thisis happening and understand what may happen as a result
DXY DEATH CROSSDXY making that all too well known death cross. Alot of US data out today that indicated fed may slow its rate hikes to 25. This saw a bullish dollar fall and currently testing the trend line. Fake out or break we will need to see but support to be tested down at 101.2 allowing gold to take swing to 1915/1920 before we see any bears on gold
📉 The "Death Cross" PatternDeath Cross, 5 Key things to watch
The "death cross" is a market chart pattern that occurs when a short-term moving average falls below a long-term moving average,
indicating recent price weakness. It is often studied using the 50-day and 200-day moving averages. The death cross pattern is more reliable
when confirmed by other indicators such as high trading volume or momentum indicators like the MACD.
These indicators can help confirm that a major trend change is occurring.
🟠 The Death Cross (convergence of moving averages) is a strong indication of a sell-off
🟠 If volume increases after the Death Cross, the downward trend is likely to strengthen
🟠 If price is above moving averages, strong volumes may be needed to suggest a turnaround
🟠 If price is below moving averages, the selling pressure is likely to be severe and any upward corrective moves will face strong resistance
🟠 The first sign of selling pressure weakens as moving averages start to turn upward
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BTC. Weekly Death Cross? Hi everybody!
I posted a simple weekly Chart on BTC, and what I find concerning here is that we have the HISTORICAL closeness of EMA50 & EMA200. For the death cross pattern to be a strong indicator of a further strong downtrend there has to be a steep decline of a shorter average period indicator. We thankfully don't have it here in my opinion. BUT it is a very strong possibility that they will touch at least. This means, we could have more pain in the BTC Market if a death cross occurs. What's Your opinion?
Thank You and hold on!