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Goldencross

XRP _ USDTChart asked from a VIP member what happened with ripple? DEATH CROSS in 20th JAN. what its this? "A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level ." Its a SELL signal, since DEATH CROSS XRP down 65% in value! But here we can se a reversal and XRP up 87% from last BIG swing low, and now its fighting against the old uptrend line. what its important now? Price its fighting against uptrend and if price win and still above uptrend line we will se a GOLDEN CROSS, its the inverse of DEATH CROSS (when the short term moving average cross up the long term moving average) IF price go under uptrend line our last support its in 0.78 fib level Follow me here t.me twitter.com
by CryptoRICK442
2
Ripple (XRP) Long-term Trend Analysis. Which Direction Now?I've been long BINANCE:XRPBTC since November of 2017. It's pretty different than other cryptos, at least in a sense. The long-term goals of bringing efficiencies to the bloated traditional financial industry, in my opinion, means that BINANCE:XRPBTC has nowhere to go but up in the long run. We've seen major movements as BINANCE:XRPBTC rapidly moves on the charts, making it very difficult to predict prices movements. So as someone that looks long-term on this trade, I'm not looking to trade every little movement, but the longer trends that we can see using volume spikes and moving averages. The cross that we saw on the 10th did not have the volume behind it that previous crosses have had and the price is right around the initial cross point. I'm going to keep an eye on BINANCE:XRPBTC here. I'm not convinced that we'll rally again, only time will tell. I'd like to hear your thoughts on BINANCE:XRPBTC ! Will we see a rally or are we going to see a dip? Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
by dsgorthy
5
Golden Cross - Bullish ISATL (Inmarsat)How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-) A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade. Any recommendations or tips on how to determine a good entry point with a moving average? Thanks, Pat
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by maga22
ETC/BTC completed market cycle, and precursor to golden crossETC/BTC appears to have completed a market cycle, and could enter a sideways period of accumulation before starting a new cycle. A potential entry based on a precursor to a possible golden cross is also present. 34EMA has crossed above 50SMA, and candles have closed above both. Good time to accumulate here, and wait for the 50SMA to cross above the 200SMA. If entering here, I would place a stop-loss below either the 34EMA, or 50SMA, or have a solid strategy to average down if needed.
Long
by FlyOnTheWallTrading