In this brief and simple analysis, I'd like to focus your attention on the interplay between the 55EMA (green line) and the 200EMA (purple line), on the 1D timeframe of the index chart for BTCUSD. In technical analysis, when a faster moving average crosses above a slower moving average, you obtain a bullish cross, when the faster one crosses below the slower one,...
Chart speaks for itself. 90+ EMA crossing a 200 SMA on the 3 DAY has historically been AUTO UP bull run for the entire cryptocurrency market. A long here. EZ. To add: those candle bodies going down last year, circled with the white arrows - thats gonna happen going up, faster. NOT FINANCIAL ADVICE.
After being shorted to the N'th degree, and finally breaking out of the downwards channel EQT has been holding, EQT is seemingly consolidating here within a symmetrical triangle, as buyers continue to step in. After breaking out of the downtrend, EQT has formed an inverse head and shoulders on the daily timeframe, along with finding support right in the FIB...
Oil demand, driven by China is an area of strength, but a slowing Chinese economy could weaken this. However, OPEC’s resolve to keep markets tight is strong. Petroleum product markets – heating oil and gasoline – are especially tight with inventory significantly below normal and prices have hit ‘golden crosses’ : technical analyst parlance for bullish conditions....
Hi everyone, Let's show some positive news! The trend shows us that we probably started a new BULLISH Trend : We get an amazing GOLDEN CROSS that appeared very recently... Each time we get this Golden Cross, we has started a great bullish trend and for sure, ALTCOINS will follow (after a little delay). Anyway, I'm waiting to see a very hard and fast...
Hi Guys! This is a Macro Technical Analysis on Shopify (SHOP) on the 1 Week Timeframe. Its to add to my previous analysis while keeping it brief and concise. Recently we Broke through and confirmed BELOW both the Uptrend Channel and the 21 EMA. Normally this spells TROUBLE, especially if we confirm BELOW 21 EMA, as this moving average normally holds SUPPORT...
EMA going to push price to 95 in coming days. 50 crossing 200 very bullish good risk management setup can bring best returns
Hi Guys! This is a Technical Analysis on Tesla (TSLA) on the 3 Day Timeframe. So we are continuing the move on Target from our Rejection, our Downtrend held by the Resistance Trend Line. A break and confirm above the Resistance Trend Line will indicate a "Trend Change". Till then we are being pushed DOWN in track on hitting our Targets: 1. 0.618 FIB level,...
During the previous 2 cycles, once CRYPTOCAP:BTC 's 100d-MA fell below the 600d-MA (death cross), CRYPTOCAP:BTC 's price proceeded to capitulate to at or near the bear market lows. Once CRYPTOCAP:BTC 's 100d-MA moved above the 600d-MA (golden cross), the 100d-MA did not come back down below the 600d-MA until the following cycle's lows. Moving now to the...
U had been building a base since Last Sept (10 months in the making now) and had remained above its 200-day moving average since 6th June this year. We also saw a Golden Cross on 28th June. Hence the longer-term picture of U remains potentially bullish except that it has been very volatile since its first attempt to break above its basing neckline @ 42-43 on 16...
On the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of...
If you enjoy this analysis, please give it a like and a follow. As seen on the chart, Bitcoin has now experienced a golden cross on the 3-day chart. A golden cross means that the 50-period moving averege (blue) crosses the 200-period moving average (yellow) from below, which is often seen as a bullish thing in the financial markets. Seeing that we only have two...
USDJPY turned down exactly from 61,8% Fibo. resistance and after reaching equal wave length of waves W=Y of a complex correction. So, seems like bears are screaming and we should be aware of more weakness in upcoming days, especially if breaks below 139.10 region, just watch out for short-term pullbacks.
With upcoming earnings on August 4th, as shown on the @H chart, FUBO is moving. The set of three EMAs (35/70/280) show an impending crossover the longest EMA and a golden cross between the other two has already occurred. The MACD demonstrates the bullish momentum. The dual time frame RSI has the low/green line crossing the 50 level from well below it and...
NASDAQ:DDOG is struggling to make new highs. It needs to hold this support. The doji that formed at the end of the day does not bode well for a breakout. Does this mean their dream to chase down NASDAQ:SPLK market share may have to wait? Bullish Case - This is a tough level but not impossible. If they can add more value to shareholders, it can attract more...
You can see here on the 1 day chart xlmusd has formed an inverse head and shoulder pattern with it only just recently rounding out the 2nd shoulder and returning now back to the neckline. As always I must wait for a breakout confirmation above the neckline and some confirmation from volume before basing my buys off of this but I anticipate it will likely confirm...
In this analysis I want to take a look at the 50-period and 200-period moving averages, plotted on the 3-day chart of BTC. Historically, golden crosses (50-period crossing over 200-period) has always officially signaled the end of the bear market, meaning that there's no new lows to be made. This would mean that 15,500$ was the low of the current bear market and...
Another typical example of a stock breaking up (into a new uptrend) after forming a base: 1. Broke out of the neckline and did a classic retest of this neckline a few days later, affirming the neckline as the new support 2. trading above it's 200 day moving average 3. Golden cross for additional confirmation that the stock is in "recovery" Recent volume was not...