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Goldencross

BITCOIN Golden cross & regular bearish divergenceHello fellas! We have an interesting day on BTC-USD daily chart, bulls seems to be exhausted RSI and MFI levels are decreasing while the price is going up witch means that we have regular bearish divergence, also volume is decreasing while price is increasing another bear sign. We are in a bear flag formed from the beginning of April. At this price levels we have some resistance also on November 2018. In contradiction with these bear signals today MA 50 and MA 200 had crossed formed a GOLDEN CROSS witch is a bullish signal, from my point of view we will go DOWN, I think it's just a bull trap let's see what will happen in the next few days, we could see a correction to 0.786 Fib. level witch is around 4200 zone so I will SHORT some BTC. This is not an financial advice, take care of your money!
BITSTAMP:BTCUSDShort
by rares10
Breakout of triangle seems confirmed/goldencross!Still waiting on volume confirmation but looks very likely to be a legitimate breakout...the question is will it breakup to only the target of the triangle or will it go the height of the entire bull pennant? Also could use a little more volume here for confluence of the breakout confirmation but the current daily candle looks very bullish so it likely will be a legit breakout. Important to keep a close eye on the weekly charts 50 ma which is currently strong resistance...fi we can flip it to solidified consistent support then we may not see our follow up higher low anytime soon afterall...but we need to flip it to support and solidify it as support first. Looks like the bull market might finally be arriving. Perfect priceacion coinciding with our just achieved golden cross making me think we may just sustain this golden cross and might not have to deal with the possibility of a deathcross fakeout afterall.
BITSTAMP:BTCUSDLong
by DrDovetail
BTC which way will you go?Hi, We can see BTC/USD has broken it's symmetrical triangle to breakout of the long term downtrend. it has now created a bull flag or ascending triangle. As we know BTC is great at painting pictures and then going the other way. If it breaks up and runs whole length of the flag pole we are looking at it breaking back into the previous resistance area, if it breaks down with one of its famous Bart Simpson fractals (possible double top inside the ascending triangle to watch also) and also runs the length of the flag pole we are back down into the previous support area. note the Golden Cross looking to happen on the daily chart, yes this is a great bullish sign but does most certainly not mean that it will sky rocket to the moon. many times after a massive downtrends will indexes, stocks and alt coins cross back with a Death Cross only to rally slowly in the upward direction to show strength and long term rigidity. up to you. not advice just an opinion. enjoy the charts, Boo Cha.
BITFINEX:BTCUSD
by boocha
EOS looks like its up to somethingEOS has been consolidating for the last few days now - as all things do after any kind of run - and it might be time for another move. After some serious gains these last few months EOS looks like it could be hungry for some more. Idk if I'm ready to say we'll see a huge move right now, but I could see us going to test the overhead supply @ $6.04 which has been keeping us down since September. Droppin it to the lower timeframes I think supports my hypothesis even more.
Long
by Yung_Crypt0
Current goldencross trajectory for BTCUSD set for April 23rdgetting exciting here in bitcoin world as the 1 day ascending triangle pattern continues to play out and keeps sharpening the trajectory of the 1 day 50ma thus moving the goldencross date ahead...as log as we go sideways for the next few days or further upwards we should see the goldencross by april 23rd. My guess is it will coincide with a break upward from the 1 day ascending triangle pattern. However there's a chance this may be short lived because we will still have to contend with the strong resistance of the 50 simple moving average on the weekly chart(not shown here) just above the triangle and it will be a true challenge flipping that moving average to solidified support...the initial test could result in a rejection that creates a brief deathcross shortly after the golden cross and scares everyone out of the market...but if this were o occur, my presumption is it would only be brief in order to form a higher low in the daily price action and then we would likely see another higher high to follow it up and flip the 1 day 50ma back into s golden cross with the 1 day 200 that is much more sustainable. So its wise to keep a close eye on the weekly 50 ma to see how it handles its next testing by the price action. There's also a chance that we may blow right past it and flip it to support the first time we test it but it is somewhat less probable. another pattern to keep an eye on is a potential head and shoulders pattern on the 4hr chart that is currently in play inside the ascending triangle. if we triggered it we could potentially breakdown all the way to the 1 day 200ma but if we break up from the triangle first and test the weekly 50ma that may be high enough to invalidate the 4hr head and shoulders pattern. Whatever the outcome...it should be a very exciting end of april/beginning of may for crypto
BITSTAMP:BTCUSD
by DrDovetail
goldencross/potential adam&eve dbl bttm brkout on ETH imminent?Keep a close eye on this one folks...we can see that we could have an official goldencross on ETHUSD as early as tomorrow and it just so happens to align with the price action currently peeking its head above the adam and eve patterns neckline....we can see stochrsi is perfectly positioned here for a bullish move as well...of course we need to see a big bullish volume surge here in the next 2 1 day candles to confirm this breakout and need to factor in the possibility of a fakeout until then but it does seem we have several bullish pieces aligning at once...also btc has already broken out of a similar pattern an reached the breakout target so it would make sense for eth to also do so in order to catch up with its big brother. As always I will wait for bullish volume for confirmation but I will also be laddering in conservatively here with smart stop losses until that volume confirmation...if we do confirm our target should take us above $240
BITSTAMP:ETHUSDLong
by DrDovetail
1
Golden cross is very near! Good sign for BTC overall!Hello crypto traders and hodlers, i have a great info for each of you :) The golden cross is really near and this means we turning the trend longterm in the bullish direction! This doesn´t mean that the price would never go more down, it´s more than likely that we generate a double bottom (near 3.100, +/- 500 USD). So if you want to go for the longterm hold like me, the next few weeks, maybe 1-2 month could be the very last chance to buy cheap bitcoin. No financial advise! Hope you doing well so far, it was a long way to the downside, many of you would lost some hope, but i think there is a so bright future in front of us :) If you want to see my longterm prediction, visit my other charts. Greetings and wish you all good luck!
BITFINEX:BTCUSDLong
by Crypto-Coin-Trader
7
GOLD DIGGING IN ACTIONGold has been travelling in a very large ascending channel however it broke out to the downside, came back up to retest the channel at the 0.618 of the impulse wave and now price has broken out to the downside of the ascending trend line it was travelling above to retest the channel. price is now going up to the 0.618 of the retest move to retest the trend line it was travelling above, we now believe price will drop to the -0.127 once it goes up to the 0.5 -0.618 of the previous wave
OANDA:XAUUSD
by UnknownUnicorn2396129
BTC maintainin bullishness; golden cross now on track for 4/11I appears that the stoch rsi is finding excellent support on the strong ascending 3 year old trendline keeping momentum bullish for now and has helped to increase the northern trajectory of the 1 day 50ma(in orange) to where we currently have a golden cross on track for as early as April 11th. Of course any significant selling from now until then will likely push that expected cross date back but price action currently appears to be in a bit of and ascending triangle/bull pennant on the one day chart...so if we were to break up from that price action within the next day or 2 we could expect a golden cross even sooner. So as of now things still look quite bullish all around...the only reason to even consider a downward move that invalidates the goldencross and instead results in a fakeout is that because everything looks so obviously bullish that the exact opposite could happen to trick a majority of traders. However beyond that, everything else seems to be indicating probability is currently favoring the bulls. So while I'm prepared for either outcome my bias leans bullish. If we are to break upward from the current flag set up the next consolidation or correction zone is right around 6k but ultimately I still believe we will get pretty close to the big wedge breakout target of 7229 maybe even as high as the resistance at 7.4k if enough fomo kicks in before any sort of significant correction happens.
BITSTAMP:BTCUSDLong
by DrDovetail
DASH/USD will soon have a golden cross; easy x100 over 2-4 yearsVolume increasing on average, MA's beginning to crossover, BTC/USD showing more than one or two signals that show that if we haven't bottomed already it won't be far lower than we've been already; these are, in my opinion, great reasons to presume a significant ROI on this asset over the next 2-5 years. Let's have a little thought experiment by making conservative assumptions about how much the price of DASH could increase, based on current price versus presumed ATH, and presumed sell price for the open positions relative to this theoretical new ATH. Key point here is that once a new ATH is made, how much higher it will go from there is influenced by so many factors that one cannot simply assume they have a reliable guess of the next new ATH. ___ A pretty conservative minimum from ATH to ATH of most crypto assets seems to be at least x10. Currently, Dash is currently at about $136 USD per unit with a previous ATH of about $1683 USD per unit. So, soon enough (on a week chart kinda timescale) we will see Dash make its way up to x10 current price ($1360 USD) and over the entire bull run making a conservative minimum x10 from the $1683 ATH to a new ATH of, of course, $16,830 USD per Dash coin. I gather that most reliable exit strategies (implying not exiting your positions too early or too late) would result in a sell price somewhere in the neighborhood of 10% - 35% below the new end of bull run ATH. To be conservative / having that nice risk management margin for error involved, let's say 35% below ATH. $16,830 - 30% = $10,939.5 sell price. $136 -> $10,939.5 = an x80.4375 multiplier on your investment (7943.75% ROI) *Not financial advice; just a thought experiment / extrapolation that I strongly believe is reasonable to feel at least somewhat confident about*
BINANCE:DASHUSDLong
by lysergik
VET is well setup to Golden Cross versus. USDThe green ellipses represent basic but powerful MA and trend signals (bullish of course). The blue ellipses represent potential near-future bullish MA crosses, and the red zone represents long-term resistance for future prices (previous major long-term support; naturally). I think when BTC/USD begins its next bearish swing/retrace/consolidation, VET/BTC could rise significantly and also have its golden cross occur, pushing VET/USD into a much milder bearish retrace or possibly even sideways consolidation.
BINANCE:VETUSDLong
by lysergik
Possible goldencross after higherhigh-achieving bullish breakoutWe can see after the recent bullish breakout from the rising wedge we were in that BTC has finally achieved the ever elusive 1 day higher high a crucial move necessary to jumpstart the next bullmarket. We of course are eventually anticipating a higher low to follow it but we may keep forming this higher high a leg or 3 more upward before correcting downward to form the higher low...so while I anticipate we probably are more likely to continue up a leg or 3 I am leaving this idea neutral until I see a break one way or the other. Another crucial move to kick the bullmarket into gear is the 1 day golden cross. Because of the recent bullish breakout from the wedge we can now see the trajectory of the 1 day 50ma has bent very sharply north which has given us the potential for that ever important 1 day golden cross to occur by April 11th!! In fact we could just consolidate sideways in a bullflag for the next 7 days and we would likely see the goldencross occur! continuing upward would only make it occur sooner as well. Of course we could always bart back down before those seven days, or have a golden cross fakeout where the cross occurs but only lasts for 1 to 2 days before having a huge dump back down to the downside. Definitely a possibility to always anticipate. If we do end up having a sustainable solidified and confirmed 1 day golden cross then all thats left from there to fully confirm the bull market is that follow up 1 day higher low and one more 1 day higher high to follow it up. ('m already accumulating each time we trigger a new leg up in the meantime and will definitely be adding to my bags should I see a solidified golden cross confirmed.
BITSTAMP:BTCUSD
by DrDovetail