An even bigger Symmetrical triangle xrp could break up fromMy idea earlier today was for a much smaller symmetrical triangle that was doubling as a bullish pennant. To reach the full bullish breakout target of that pattern would take us to around $1.80 If we were to go that high we would likely trigger the breakout of this larger symmetrical triangle as well. The point o where we break out of the triangle is still uncertain but if we breakout anywhere near where I placed my dotted yellow line as a rough estimate then we may see $3.00 not too long after we reach the $1.80 target. I expect once we do break up out of the larger symmetrical triangle that price action will likely come back to retest its top trendline as support. Not sure whether that’s ill be before we hit the $1.80 target from my last idea, or afterwards though.
Goldencross
Golden cross in Chainlink* Golden cross appeared in Chainlink daily time frame.
* Golden cross occurs when the short-term Exponential moving average (50 EMA) crosses above the long-term Exponential moving average (200EMA) this indicates the long-term bull rally.
* Exponential moving average is also a type of weighted moving average technical chart indicator which refers the recent price data.
AMD: Forming Inverse Head and ShoulderSeeing an inverse head and shoulders forming on the 1HR and 4HR chart. On the previous post on AMD, there is a triangle breakout and now it has just broke out nicely last week, seeing a nice golden cross (50ema crossing above the 180ema). $112 could be a sticking point considering it was resistance a few weeks ago, so keep that in mind. There could be a push back towards the $120s if the $112 level breaks. That is where the inverse head and shoulders would complete, so monitor and set alert at $112 to keep an eye on the move
US Dollar Index Outlook: Down But Not Out, NFPs Eyed on SEP 3A majors-based US Dollar Index , one that averages USD against EUR, JPY, GBP and AUD, declined this past week.
Prices confirmed a bearish Evening Star candlestick pattern, hinting at further losses in the near term.
Still, the broader uptrend since June still remains in play. A bullish ' Golden Cross ' between the 50- and 200-day Simple Moving Averages is in play.
The 50-day line could reinstate the focus to the upside in the coming sessions. Otherwise, breaking under it could shift the outlook materially bearish.
A softer US non-farm payrolls report on September 3rd will be closely eyed by Greenback traders. Given the Fed's recent tone at the J ackson Hole Economic Policy Symposium , a softer jobs print could push back taper timeline expectations. Such an outcome could be positive for market sentiment, threatening the anti-risk USD.
1/((FX_IDC:EURUSD+FX_IDC:JPYUSD+FX_IDC:GBPUSD+FX_IDC:AUDUSD)/4)
Golden cross in Bitcoin cash* Golden cross appeared in Bitcoin cash in 1D time frame.
* Golden occurs when the short term (50 EMA) Exponential moving average crosses above the long term (200 EMA) exponential moving average.
* It indicates the long term bull run.
* Exponential moving average ( EMA ) is also a type of weighted moving average technical chart indicator which mainly prefer recent price data.
Bottoms up FILUSD those cups!!!!Hello Trading View Community,
FILUSD seems to have found a nice round bottom and curled back up to the 0.236 Fib level. This level acted as nice support during the March rally that pushed FILUSD to $238. However, once support this fib level is now FILUSD primary resistance zone. Shifting our focus to the EMAs, we can see FILUSD consolidating below 0.236 fib and above 100 EMA (orange line) and 200 EMA (red line). Also notice the 20 EMA (solid blue) and 50 EMA (yellow line) trying to cross up on 200EMA, whenever the 50 EMA crosses up on the 200 EMA this is considered by many traders as a Golden Cross.
If FILUSD is able to break above and reclaim 0.236 level as support, the next leg up would be mid $90s range which has acted as resistance many times before.
Thank you guys for checking out this idea on FILUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise.
BTC Weekly 8 and 21 EMA acting as Golden and Death CrossA nice observation could be this of 8 and 21 weekly MA on BTC, noting in mind that an attempt to make a golden cross after the death cross was made which always resulted in more than 60% correction ;)
if u have any money on spot, i'd recommend to get out b\w 50-52k after that a dump to 26k follows ;)
XRP Golden Cross Inbound?Looks like we may get a golden crossing of the EMA's on XRP here as the bears do what bears do every time this beauty tries to shine. As a long bag HODL'er, I've got a personal stash that I'll literally hold to zero, no me importa, but maybe the Jed effect is in play as we battle over the $1.00 line. I'd like to think that top wick will engulf but we've got a quasi harmonic effect in play as well that looks bearish. ETH really gave us all a bump so cheers to Ethereum and the new EIP :)
XRP Army!
BTC Golden Cross Inbound? Orrrr . . So the Harmonic "sort of" printed but man Bitty has been on a rip! Of course, when exchanges (Bye Nance) limit derivatives (shorts, etc.) for more territories that should tell us that whales need stable exit points ;) Regardless, just grabbing some low hanging fruit here as we see a possible golden crossing of the EMA's. Of course, as history shows, Bitty cares little for the death cross so a golden cross should be of little import as well eh? Personally, I think we're over bought and I know people are taking profits while the remaining short sellers are fishing around for entry points as we maybe reject a bit at these levels. I wouldn't be surprised by a sub $50k squeeze up top and I've got my grids placed but in opposite world, anything goes. Good luck, DYOR and as always this isn't investment advice.
BTCUSD: Golden cross approachingI'm expecting some sideways trading in the range of 44k-49k in the coming week, possibly a brief push above 50k. Real uptrend to start when 50/200 MA ("golden cross") is reached. Late August will be paving the way for an extremely bullish September. Continuing my HODL strategy. Will buy more in case of an unexpected dip.
CUP Action on XRP Daily?So my personal strategy here is a quick scalp at current level (can see my grid) and then if it breaks the pivot (Cup & Handle looks like a reality) I'm eyeballing a stop order to buy back in on breakout to maybe run to $1.65 or so. Don't care what people think of XRP (love it or hate it), I trade to print gains and that's it. Will grab a small DCA short on Bitty to hedge market downside if we get a pop on that (looks like H$S top forming on hourly there). As always, not investment advice and good luck!!
#AUDUSD Golden ,symmetrical ,falling 😉analysis:
-on 1D time frame we show a Golden Cross⭐️
-on 4H time frame we show a symmetrical triangle pattern
-on 1H time frame we show a falling in a opening wedge
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom , Head and Shoulders , and others.
Targets:
TP1@0.93090
TP2@0.93800
TP3@0.94381
For more analyzes and our encouragement do not forget:
-Follow us
-Support us with the like button 👍
-Write a comment
#EURUSD differenc to where 😉👌analysis:
-on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross
-on 4H time frame we show a bearsh channel I think it could break up that channel
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom, Head and Shoulders, and others.
Targets:
TP1@1.18400
TP2@1.18800
TP3@1.19000
For more analyzes and our encouragement do not forget:
-Follow us
-Support us with the like button 👍
-Write a comment
How has #bitcoin behaved after Golden Cross?A Golden Cross happens when Moving Average 50 crosses over Moving Average 200. Some consider a golden cross the start of a long-term uptrend & a strong indication of an imminent very strong bullish market.
Let us examine the last four Golden Cross on #bitcoin.
If we consider the price when the cross happened to the potential top afterwards, we get the following.
1st Golden Cross
Around 4239% rise in price seen on the 1st one.
Ref:
2nd Golden Cross
Around 146% rise in price seen on the 1st one.
Ref:
3rd Golden Cross
A potential loss of around 13.04% was seen on the 3rd one. The cross is invalid once the price goes below the MA 200.
4th Golden Cross
The last golden cross produced around a 623% price rise.
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it !
My Adam & Eve bottoms idea is linked below . Thank you !
Golden cross in Ethereum* Golden cross is technical chart pattern which indicates upcoming major rally, it occurs on the chart when the short term Moving average (50 MA) crosses above the long term Moving average (200 MA). Thus we can expect a huge bull rally in Ethereum.
* The inverse of Golden cross is Death cross.
Breakout of Downtrend with a Golden CrossStrong Support with a double bottom as the green supply zone, Rebounded well and broke out of the downtrend.It is sitting above Moving averages and seeing a Golden Cross in the making on the 4HR Chart. A nice squeeze from $157 to $162/$163. but must break $150 first and turning resistance to support. Much bigger upside from $165 to $200. Would be good for long term holding. However beware of delta variant cases affect reopening stocks and also Earnings is coming up on 12th August.