Deathcross
Three Falling Peaks On The Gold Miners ETFThe Gold Miners don't look like they are setting up to have a very good time as they have made Three Consecutive Lower Highs and have penetrated the line of support it's been holding. Just from looking at this pattern and how we are trading in between the 55 and 200 week Moving Averages and Preparing a Weekly Death Cross it would seem that it is setting up for a +40% Decline in the near future so long as it continues to make Lower Highs.
dogecoin: 58 days after Death CrossDeath cross is a graphical pattern in technical analysis that shows the potential for high sales and lower prices.The death cross appears in an asset or index chart when the short-term moving average, the long-term moving average breaks it and goes lower.It has been 58 days now that the 50-day EMA has broken the 200-day EMA downwards, and currently the slope of both moving averages is descending.In the path of price increase, both moving averages will act as strong resistances. To start a bull market, the 50-day moving average must first be bullish, and when the 50-day moving average crosses the 200-day EMA, a golden cross will occur and the price will accelerate faster.
Greg Dickersons's Technical Analysis on BitcoinHey Traders,
As you can see on the Daily Chart of Bitcoin (BTC), the death crosses of the 50 & 200 EMA are eerily similar. From the Wick Top on April 14th to the Death Cross area on June 19th was 66 days. And then from there, it was 31 days to the market price bottom. Fast forward to current times, the Wick Top on November 10th to the Death Cross on January was 15 days. This leads me to believe that we possibly have 31 more days until the bottom is found. Lastly, look at 31.5k and February 15th as they will be important buy areas. Credit to Greg Dickerson (TA Youtuber) for finding this.
Safe trading,
-Pulkanator
DAX: DEATH CROSS - BEWAREThis is a death cross on the 4H time frame. It may not show on many higher time frames.
Some traders wait to see the death cross on the 1D time frame. By the time that develops, the market is ready to rebound.
I always stay 'under the hood' of the daily time frame, cuz that's where the action begins.
The 4H is my fav time frame to get an idea of what's happening, based only on my experience.
The DAX and other indices have basically followed Wall Street and the NASDAQ - they're all interconnected by undersea cables. Some $USD 10 trillion in financial transactions pass in those per day.
Anyways the markets have been so heavily pumped that I don't think the FED can save them now. This time around in contrast to 2020, it is so overheated it's now become silly.
Air money cannot support markets forever. Right now people are losing billions (collectively) as the markets head south.
Will they throw in the towel? Not soon enough.
If you're a trend follower the 2H or 4H ATR lines are nice ones to follow.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BTC Bitcoin: Death Cross ScenariosHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin (BTC).
The Bitcoin price on the one day timeframe is about to meet with a Death-Cross (50 MA goes below 200 MA). Historically the Death-Cross is a bearish lagging signal which indicates the price may drop. It doesn't always happen but when it does, the price falls quite a bit. The chart shows that the prior Death-Cross got to the multi-month support trend line before it started moving back up. Assuming that happens again, the price may drop but there is a good chance it gets supported by the support trend line. If the price doesn't drop, keep an eye on the upcoming red Ichimoku Cloud which may be an area of resistance. Volume has dropped again and RSI is about the reach the resistance line.
Shown in the chart: Rising Wedge Pattern, Ichimoku Cloud, Support and Resistance Trend Line, Death-Cross, Simple Moving Average, Relative Strength Index, and Volume.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
The last 6 times when S&P500 had a death cross we bottomedThe last 6 times when S&P500 had a nearly death cross on the 4h chart since the Corona crash 2020 the short-term bottom was following and price went higher.
Comparing Bitcoin in that situation... wasn´t that bad IMO.
What will happen right now? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
A Death Cross for Bitcoin?I see many people speaking about "The Death Cross" that's just appearing on the Bitcoin chart. The Cross brings some fear with it, and I can't just understand why, since it's not really a concerning one. But let me explain.
A Death Cross is only strong and meaningful as long as Both SMA (50 & 200) are pointing to the downside - both SMA need to be declining. Many Traders do also Check the Volume. If the Volume is Rising with the Cross, its more likely Valid, if the Volume is declining it less likely.
Personally, I don't really use the Volume to Confirm. I check the direction of Both SMA.
Edit: In my Opinion the Death as well as the Golden-Cross are really really bad Indicators since they're lagging really hard.
Don't get fooled!
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This Analysis is not intended to be investment advice. Always DYOR.
BTC/USDTToday Bitcoin (Market Giant) update: As you can observe in the Graph 50MA (yellow trendline) crosses 200MA (red trendline) which in other words consider as DEATH CROSS that's stands for a DIP (Bearish Movement) so based on Analysis if it happens so I think we will be seeing Dip once again in other words another Good opportunity for Buying. Based on previous Analysis I mentioned that it could lead BTC/USDT to the level between 42,500 to 40k. First level already achieved Hopefully we don't see the consequence of Death cross as they can be refer as Lagging indicators too. On other hand BTC/USDT has shown Good Move since yesterday. You can agree to my point or disagree it's totally upto you but I was just sharing my point and to make you all aware. Keep in mind my analysis are always based on fundamentals and technical indicators. This could be wrong too but I sence it most probably.
Death cross! in Polkadot* Death cross is technical chart indicator appears during huge sell off, it occurs when the short-term moving average ( 50MA ) crosses below the long-term moving average ( 200MA ).
* Including with the death cross DOT also appears with a Head and Shoulder pattern with it's Important support as Neckline around $23.
* If price moves below the neckline we can expect heavy drop in price
🔥 Bitcoin Death Cross: History Predicts Short-Term PumpWith BTC trending down, it was to be expected that we were going to get a death cross soon. A death cross occurs when the 50-day SMA (blue) crosses the 200-day SMA (yellow) from above, which is typically a bearish (lagging) indicator.
However, I'm seeing a big probability for a short-term reversal. Whether the reversal will be bringing us back to all-time high values remains to be seen.
Over the last 6 years we've seen several death crosses occur. You can clearly see that BTC will turn bullish in the days before the death cross. See snapshots below.
2021
2020
2019
2018
2015
When we combine the knowledge from above with the fact that BTC is currently trading in a massive area of reversal makes me believe that we're likely going to see a bounce of some kind. See below for my BTC support analysis.
Happy trading!