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G-cross

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! If you like my Content, hit the 👍 and/or comment and make sure to follow. This Analysis is not intended to be investment advice. Always DYOR.
BYBIT:BTCUSD.PEducation
by blauersamt
7
Death Cross a Symmetrical analogy from the previous appearance The Death Cross just appear today, It's a cross from the 50 and 200 MA and the last two had declined 25% and 15% respectively Expect a double bottom at the 0.786 Fibonacci level around $35.5K or at least -13% decline in the BTC price. A possible fake out pump up to $46K could happen. Sell Short @ 43K to 46K / Buy Long @ 35K to 37K Please note the green candles as a symmetrical projection continuation pattern from the last death cross
BITFINEX:BTCUSDShort
by Nakamotoeastside
#EURUSD trying to test long term trendline looking for support!!Hi All, my main 3 take-outs from this analysis are the following: 1- EURUSD is approaching the support area of 1.11 (actually it would be between 1.10 and 1.11) which is historically relevant 2- The cross is also trying to test the descending red long term trendline, which was brocken in August 2020 with volumes 3- The RSI in the weekly chart is in oversold territory and everytime this happened in the past, the price rebounded strongly. We might be very close to this to happen Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Long
by FrancescoMerlettini
3
BTCUSDT "H1" Trend AnalysisBitcoin was fluctuating in a short-term channel as you ca see. Given that the channel is broke from above, a long position can be opened if it is considered as a valid broke ( if we saw a strong bullish candle with high trading volume ). There is a possibility of a pullback and continuation of the path exactly as shown in the chart. The trend line in the RSI is also broken and will probably react to the level of 70 and keep pace with the price pullback. The moving average of 20, has broken up the 50 and give us another positive signal. *This Analysis is a personal opinion and should not be the basis of your trades.*
Long
by sahandm99
Selloff 3 days after golden cross?Hello traders, This is an analise where the ABC or ABCDE should start to happen. As per past and as per previous years, the selloff or correction "bigger" should happen on 2.9.2021, so make sure you go out before 2.9.2021 if you are in leveraged longs, Crash is Estimated to be started 3 days after golden cross, which is estimated to happen on 31.8.2021, so crash should start on 2.9.2021, and to be completed abc or abcde on 13.9 DYOR, trade safe and lets see
BITSTAMP:BTCUSDShort
by dejc123
14
Hot Cross - An Early GemOver time, I expect the price of Hot Cross to make at least 1000% returns from current price of ~.21 Why is this a sound long-term trade? 1. On-balance volume is spiking to a recovery after the recent market slump, with $BNB leading the run. 2. With a circulating supply of 93m, and a current market cap of 19.4m, a 500m market cap would bring us to a price of 5.377 3. We will re-enter the lower end of the beam bands indicator at roughly .28 Why do I believe in the team, and why am I treating this as a venture capital investment? 1. The team is developing a solution (JavaScript SDK and REST API) to mint and deliver NFTs cross-chain between BSC and ETH, and in the future potentially on DOT also. 2. The team refuses to over-promise deadlines and over-ambitious feature ideas. They know they are a small team and are sticking to AGILE principles.p 3. The group is mindful of how much "candy" incentive they give. They released around 7-8m HOTCROSS tokens into the ecosystem through staking pools on crosspool.hotcross.com and are pushing back on adding more, to avoid inflation. To conclude, I'm long on this investment because I don't believe there is a place where ETH, BSC, DOT, or ADA win a "main chain race", I believe everybody will participate in different ways, and HOTCROSS is a platform that enables blockchain teams to deliver their value to participants on all chains.
Long
by matt43952
1
BTC 1D - Short term bullish? Bitcoin is gaining mass adoption. Besides El Salvador, other countries are sure to follow, moving further and further away from the inflationary USD dollar that is causing turbulent economic swings in many emerging markets. It is also important to pay attention to Bitcoin's little brother, Ethereum, which is about to release its London Update. If the London Update is successful in mid-July, I expect Ethereum to pull its big brother along and together they will correct and drastically lift market sentiment again. And people who talk about a 5k bitcoin or 10k bitcoin, please do me a favour and be honest with yourselves. Even the huge short sums on Bitfinex could not break through the 30k support. The 30k is not just a huge support line but also a demand zone on weekly. And there has never been such a short bull run!!! We're just in the middle of it! Don't fall for the banks, JPmorgan or Warren Buffet. We might dip at mid july below the 30k for a short amount of time (read more below why!) China redistribution, more decentralisation!!! More and more countries are making the US dollar vulnerable because they do not recognise it as the only currency! In the short term, Grayscale's big unlocking in July alone would be bearish if accredited investors seek to offset some of their losses (realized after selling their GBTC shares) by selling BTC on the spot markets, but after the bulk of them are over theres like... 0 spot btc sellers left right? This is just my opinion, it may be wrong. This is not an investment recommendation to buy or sell bitcoin/crypto.
BITSTAMP:BTCUSD
by Lobotto
2