Goldencross
Golden Cross for dogecoinDear friends,lets take a look at the doge coin chart in the 4-hour time frame.I have used EMA-50 and EMA-200.As you can see in the chart,every time the EMA-50 breaks the EMA-200 upwards,a significant price increase is observed.After the first golden cross in August 2021,the price has increased by 63% in less than e week.After the second golden cross in October 2021 , the price by increased by 44%. Now in February 2022,if the price does not fall in the next few days,the third golden cross will occur and the price will increase by at least 36%. This review started in August 2021.
BTC Rejection of Uptrend from 0.618 FibThis is an updated Idea from yesterday
Bearish:
1)Reversal of uptrend from 0.618 Fib line at 45,409
2)Loss of Bullish Trend Line
Bullish:
1)Golden Cross Formation of the EMA 50 over 200
New trend:
Look for double Bottom Support off of previous Buyer Support Zone to start new uptrend
IF support isn't found look for a deeper pullback to previous support levels around 36,500
Catalysts:
Several Crypto Themed Superbowl ads for the weekend of Feb 13 are slated to run
- This new uptrend could be the market pricing in these ads
- Watch for a possible selloff during the Superbowl if the market has priced in the catalyst already
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
Bitcoin Dead Cross – should we scary?Hello, everyone!
Today absolutely every cryptoblogger talks about the Dead Cross. Many of traders scary this “dangerous” sign. But what does this sign exactly means?
The intersection of 200 days and 50 days moving averages (on the chart I use 1W timeframe but MA calculated on the daily timeframe) forms the Dead Cross if the 50 days MA was higher and became lower than 200 days MA. the opposite situation called Golden Cross. The first one is considered to be bearish, the second – bullish. BUT…. this is the total random. These crosses means absolutely NOTHING. Please, forget about this type of signal. If you take a look at the chart we can see that both crosses types can lead to pump or dump, and after that pump can be changed to dump and the opposite. This signal is available to everyone and whales are going to manipulate 100% using this situation.
Use only signals which efficiency you proved with your own system testing. If you want to know my opinion, I told you earlier that the Bitcoin is in bear market now, but I’m waiting for the short-term pump in the near future.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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
SHORT on GBP/JPYPrice is currently falling from a major resistance area on this pair.
I have a golden cross on the MACD and the RSI is also curving downwards from the Overbought state.
Here is the play I will be taking on this trade:
ORDER TYPE = MARKET SELL NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 156.911
STOP LOSS = 158.502 - 155 PIPS
TAKE PROFIT = 154.276 - 261 PIPS
CTRE (BUY) - Entrance + Exit StrategyCTRE is a REIT focused on adult care facilities.
Overview beyond the technical analysis:
In the past, CTRE it has been recommended by highly experienced real estate attorneys as a long-term REIT for holding/dividends.
Given the aging boomer population and focus on healthcare amidst the pandemic, this REIT stands out from others.
Technical Analysis:
CTRE is approaching a golden cross in the coming week. Even if history does not repeat, it often rhymes.
2 of the 3 previous golden crosses for CTRE have resulted in 60% increase over the period of several months.
At the current price point, CTRE may be able to expect new ATHs in 2022.
LONG on CADCHFSince March of 2021 this pair has been in somewhat of consolidation. constantly hit support or resistance and reversing from it like clockwork.
Price is currently in the support area and has broken out of a descending triangle on the 1hr timeframe with a massive bullish candle showing on the daily timeframe.
I expect price to reach back up to the resistance area or very close to it before starting to reverse back down. We also have a golden cross on the MACD with volume.
My entry, sl and tp prices should be marked on the chart.
Thanks.
BTC/USDT 1W time frame CHART#BTCUSDT Exclusive TA update :-
$BTC currently trading at $47000
IMO this is best time to Buy #Bitcoin in 2022
As per chart $45000 is Strong Weekly resistance.
December Monthly Close Price is $46200
Which is act Like Strong support.
And $44000 also Monthly Good Support level .
$46400 is Weekly Strong Support.
Perfect Stop Loss for Spot Entry:- $42000
If Hold $44000 Monthly support then My 1st Target will be $55000
Most Important Point=
If $Bitcoin Break $655000 resistance then we can see Agaain All Time High 69000
Then next target will be 80k then final 100k
Bear View If break $44000 support and any Weekly candle close below $44000 then BTC bearish .
And If #btc Break 40K level Then we can see again 28800
Support Levels:-
Monthly = 44000
Weekly = 46400
Daily = $45000
Luna moving in a Rising wedge pattern* Luna in 3H time frame is moving within a Rising wedge pattern.
* Rising wedge occurs when the price moves between two ascending trendlines forming higher-highs and higher-lows.
* If the price bounces from it's support zone ( around $84 ) it will regain the $101 levels. If price moves below the support zone we can expect a drop till $75.
SXOOF Reversal SXOOF has retraced 50% after its rally where it double topped (11/18, 12/1). Price stopped at .29 which was a prior support level and the most recent made a bullish hammer coming out of a down trend. In addition we see a golden cross with RSI that is significantly lower than its recent highs.
Looking for support at the .316 level and targeting the recent highs .45 level in the short term.
OGN at a crossroads!*important consideration:This analysis was strictly from price action, chart patterns, and MA analysis. I did not consider any internal indicators, which tell or support their own story, separately.
BINANCE:OGNUSDT COINBASE:OGNUSD
$OGN #OGN Day of Reckoning
🐮 Case
1. Holds sma 50 & bounces @.97cents
2. Holds sma 200 & bounces @.90 cents
🐻 Case
3. Loses sma 200 @ .90cents
4. Completes neckline of H&S @.84cents 😬
+ current bull market, 5. golden cross on 11/18, and price action currently above the 200sma
- multiple ema x bearishly
Is OGN🐮 or a 🐻?
6. Could we get a bounce, uptrend, recovery and a way we go like at the end of October where price action was generally more bearish under both the 50 and 200 SMAs? Possibly...
*Not financial advice
ETH GOLDEN CROSS ON 4H TIMEFRAMEEvery time Ethereum making a golden cross in 4H timeframe this year, the price always goes higher and higher. I'm using EMA 50 & 200 . I'm just sharing one of technical indicator here as an idea or reminder for your trading strategies. I'm not asking you to buy ETH at all and this isn't financial advice, every trade you took it's on you.
HAVE A NICE DAY TRADERS!
Golden cross is about to happenAs you can see in 4h time frame (BTC/USD) Golden Cross is about to happen.
If price stays above 55800 USD Price Level in next 2 or 3 days golden cross will be shown.
We should wait till Golden cross happens, confirms and when it does this is a great opportunity to Long on BTC/USD.
last time(1 October 2021) we saw a golden cross, price increased from 43000 USD to 66700 USD which was a 54% growth.