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Deathcross

$XAUUSD - Triangle pattern continuationHi guys! 👋🏻 🔔 Daily XAUUSD chart projects a triangle pattern, and signals the retest of the lower edge of the triangle, based on the pattern’s rule. 🔔 Moving averages on a daily XAUUSD chart also do not favor the Gold bulls. MA200 and MA50 both are above the closing price of XAUUSD. Remarkably, the 200-day moving average is above the 50-day MA. This formation in technical analysis is referred to as a “Death Cross’ and always is a bearish signal. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
OANDA:XAUUSDShort
by azizelliott
BTC Approaching Potential Death Cross 5-7 DaysWOW! BTC - Old Logarithmic Discovery - on the Daily The heading will be relevant IF Price consolidates or continues down over the next 5-7 Days... But do read the rest of my observation... I opened an old log chart I hadn't looked at that had a Fib Extension I had drawn back in Feb 2021. I was amaze how well the 1 Fib aligned with the recent ATH before BTC capitulated. From there I cleaned out some old irrelevant lines other than the Macro Trend Line from the March 13th 2020 dump at $3,730 . I then added a couple relevant lines, and callouts. I noted the last 2 consistent Death and Golden Crosses along with the current potential Death Cross if things continue down. It blew my mind how the current POC (Point of Control - Red line) is almost dead in line with the old .786 Fib It also blew my mind that when as to where the '1' Fib line intersected with the old $3,730 Macro Trend, which was almost a signal that we were approaching the beginning of the end of the bull run. It's almost as though as soon as we fell below the Macro Trend after the Death Cross, we weren't able to get back above the Macro Trend even after the Golden Cross. The thin white trend line at the current price action is showing resistance still. So if price can't retest above that thin white trend line over the next 5 to 7 days, we may have a Death Cross on our hands... 1st chart is a view of where the old trend line started... 2nd chart is the zoom-out 3rd chart is the local zoom-in
BYBIT:BTCUSD.P
by CryptDude
It could be the last chance for BTC 🦬Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BTCUSDT- Daily Time Frame - Candlesticks 📌 Bull Flag - Fractal - Support Resistance zone 📍So, BTC is playing around the 45k - 48k price zones lately and decisions are really hard to make at the moment. Therefore most of the traders have no clue in which direction price may go further. 📍I can see a possible bull flag here like the one we have seen at September this year. 📍 This bull flag is also combined with a three drive pattern which also can be seen here in the chart. Both scenarios are bullish for mid-long term 📍 There is also a bullish divergence in daily time frame in RSI which can make the price grow BUT 📍 There are a couple of new scary bearish signs in sight, like: 1- HUGE monthly bearish divergence 2- Double Top in monthly time frame 3- Double Top in weekly time frame 4- Double Top in daily time frame 5- Close of the RSI below 50 level in weekly time frame 6- Daily ichimoku cloud 7- POSSIBLE Death cross in daily EMAs 8- Close of daily candles under the 200 EMA 👉🏼 Here is the RSI bearish divergence along with double top pattern which is really scary, and the scariest bearish sign that can reverse the price 📝 In conclusion, 40k-44k price zones is very important; once they are broken we have to worry for long and mid-term price reversal 📝 The next very important price zone is the 29k-32k; we can expect a very long wick to those levels once the 40k level is lost 👉🏼 Here is my bullish flag TA in 27. September which did not get enough attention and everyone was worried about the price reversal :) 📝 As a matter of fact this time I'm less bullish with all those bearish signs! THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION GOOD LUCK NP TRADER
Long
by C_EWAVE13
4
ADBE looks interesting hereAdobe is down 26% from highs and has just returned to a long-term support zone (ADBE traded in this range for almost a year). Lower indicators suggest this is a good range to consider a long. My only hesitation is an all-but-certain looming Death Cross (where the 50 EMA crosses below the 200 EMA). ADBE hasn't seen a Death Cross on the Daily Chart since July 2011 where it subsequently spent about half a year in a bear market. The Death Cross *can* be avoided, but it would take a substantial bounce. I expect the Death Cross will happen, but I can see at least a moderate bounce as bulls try to make their case. I'm considering a small position here. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
NASDAQ:ADBELong
by mercury_rising
$0.50 ??????? XRPUSDT possible short move before the 14/01/22Hi everyone Daily" XRP broke trend a strong trend line, while leaving behind a Death Cross like many other currencies. Following BTC Also I see the formation of a Head and shoulders that has sent the price down to the next local support level. XRP has to over come selling pressure to keep it self above the current support $$0.76, If failing to do so we could see another drop down to the $0.50 support or lower like many believe is the case. 'I believe we could see a $0.50 xrp but no further than before the 14' ALWAYS look for extra confirmation on any trade, Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Short
by CryptoTraderRetired
1
Strong selling Pressure on ADAUSDT. Hi everyone! Daily" ADAUSDT Short Still below 50MA. RSI is in over sold area but there is a strong selling pressure in the market. Also close to local support mentioned on my previous chart, If drop from $1.17 We could see it provably going back to $1 Support ALWAYS look for extra confirmation on any trade "Do not over trade Long or leverage on markets like this". Death Cross also has a lot of pressure at moment. "I still would personally hold on any long positions until we ether confirmation of a new support. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Short
by CryptoTraderRetired
Potential Falling Wedge on CRMBulls tried to reclaim the 200 EMA, but were strongly rejected. Salesforce is down 11% in two days. We're entering my "Buy Zone" (where it's on my radar, but I need a confirmation, like divergence, before I'm ready to take a position). I'm expecting a Falling Wedge to form, and will likely wait for it to play out further. It's too risky for me at these levels, but more aggressive traders may have an opportunity to scalp some short-term profit before we head down further. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
NYSE:CRM
by mercury_rising
Big week for BTCIt's a big week for BTC. Things to watch this week: -Will BTC move up to close above the 200 day average ($47,953)? -BTC continues to trade down within a downward channel from all time highs, will it reverse? -Will BTC see death cross if 50 day ($51,965) cross the 200 day ($47,953)? -Since December 27th BTC has dropped and now trading in a tight wedge, would this Bear flag play out? -Would the H&S neckline hold (neckline break will force BTC to test $30K and if it doesn't hold $18-20k might be tested)? BTC needs more volume to come in or it might be hard to overcome these hurdles. All these points are based on the daily chart. Have a great week!
by MoneyFishing
Extreme Fear on Bitcoin Street. #Deathcross before another dip?!Hey guys! I hope you fine and staying positive during this period. Since last update, we reduced Bitcoin exposure from 56K breakdown. Bitcoin market continues sloping down despite good news, positive sentiments and fundamentals. Key level to hold right now is near 47-46K. Seems like if this level is going to fail, price will drop towards 43-39-35K during January-February 2022. In case of price action breakout from 53K-ish, I think the price will stay in the range of 55-50k for a little while. Right now is the time to stay on hold with new entries. Being extra careful is a good plan for this short period. Keep in mind that price action changes quickly, so if we see a positive breakout from 55k, this would mean the price will go back to the rising trend which was developed during 2020. Best regards Artem Shevelev
INDEX:BTCUSD
by ArShevelev
5
Australian Dollar at Risk as AUD/JPY Enters Downtrend?The Australian Dollar may be vulnerable to the Japanese Yen following a couple of bearish technical developments. This follows a rejection of the 86.253 - 85.909 resistance zone. AUD/JPY recently confirmed a breakout under the 23.6% Fibonacci Retracement at 84.50 on the 4-hour chart. This also follows a bearish Death Cross between the 20- and 50-period Simple Moving Averages. This has exposed the 38.2% level at 83.416. Still, prices remain above the 200-period line, which could reinstate the broader upside focus. On the other hand, breaking under it could open the door to extending losses towards the September low at 78.825. Keep a close eye on the 82.028 - 81.662 inflection zone. The latter price is the 61.8% retracement. Positive RSI divergence does show fading downside momentum, which can at times precede a turn higher. Clearing 86.253 would open the door to resuming gains since August. FX_IDC:AUDJPY
by QM_Dubrovsky
2