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Goldencross

XRP | Stick a Fork in it :)So we've still got a longer term uptrend and Fibonacci channels seem to be holding fast and true. We still have a pretty strong forecast for a golden cross (50 EMA up over 200 EMA). With the recent pump we've got two possible fork situations with the nearest term fork taking us lower but the the broader trend would indicate more room for higher levels. I like the idea of a stop entry buy if this breaks into the upper 1.618 Fib channel and then topping around 0.70 . . let's see what happens. We're double toppy at the moment but again, let's look at broader momentum. Remember, XRP has a tendency to dump hard after pumps so always DCA / split your stash and be super careful with leverage. XRP is like dynamite so handle with CARRRRRE :O * * * not investment advice * * *
by FudBox
7
"MATIC" Polygon growth potentialHello guys. hope you are good today im going to explain a few about the reasons MATIC skyrocketing these days. i look this happenings in 2 sides: first Fundamental News and second Technically. lets go... "On Monday, deltaDAO, a data economy solutions company, launched its Gaia-X Web3 Ecosystem network upgrade based on Polygon Supernet. The Polygon team said the collaboration brings the blockchain at the heart of European data economy. The partnership enables a global trustless data economy where users are in full control of their data, it added Antoni Martin, co-founder of Polygon, said the partnership will help provide an open and federated data economy for the European digital ecosystem. Earlier, Wall Street bank JP Morgan said it successfully executed a trade using the Polygon blockchain network. This came as a big boost to the Polygon community as it led to MATIC price rise. Similarly, another major collaboration news came in the form of Instagram with Meta saying it will be using Polygon for its first NFT marketplace. " Sooo excellent reasons exist for this rally. now lets see it technically... the price action breackout a long side move from JULY and surpass the 200MA. and break the important 1$ resistance. asnd when we add 55EMA to the chart we see a nice GOLDEN CROSS. what a nice situation... lets imagine its just a step of correction so we have C wave in play with at least 78.6% fibonacci level target 1.76$. and maybe 100% level on 2.6$! BUT... be careful if bitcoin come back below 20000 , maybe we see a pullback to 200MA and price 1$ or 0.97$ and after that again it starts. and in the end all of this analyze is my personal opinion and you shuold DYOR (Do Your Own Research). so i use I THINK already :) dont forget to manage your capital and risks. and dont forget we play in a VERY RISKY market so ALL THINGS POSSIBLE... i hope success for all of you my dear friends.
MLong
by TraderAmin-KZ
2
Speculative double bottom on digibyteDigibyte has done nothing to show that its about to reverse its downtrend yet, however we are starting to see the inklings of a possible double bottom forming. This is still so early in the pattern that its almost pure speculation on my part at this point. You should never try to trade a pattern until it has confirmed either a breakout or a breakdown. Although this could easily end up a fakeout that sends digibyte lower continuing its downtrend, with so many alts recently seeing bullish surges there is certainly a chance this double bottom could end up playing out. If it were to it would be close to a 180% gain from this level. WE can see there is also a possibility here in the near future of a golden cross. The fact that many other alt coins have recently seen successful golden crosses with QNT leading the way, gives us bullish confluence that increases the probability that digibyte could also experience a successful golden cross in the near future. Still mostly speculation at this point, but just enough bullish confluence to keep an eye on this one and see how it develops. *not financial advice*
D
by DrDovetail
1
LINK may be breaking up from triangle; nearing daily goldencrossLooking at the weekly chart here to get a better view of this pink triangle’s trendlines. We can’t see on this chart how close the daily charts golden cross is from happening but it appears to be less than a few daily candle closes away from occurring. If this symmetrical triangle confirms its bullish breakout the target is around $11.32- $11.47. Reaching this target would bring price action up out of a much larger triangle that its been in for far longer that has a much larger breakout target to go with it, however we can see the stoch rsi on the weekly chart has ventures into the overbought zone so it increases the odds that when price action first retests this yellow trendline on the way to the target it will encounter it as resistance, same with the descending white trendline as well. The stochrsi is also overextended on the 1 day chart too increasing the probability that price action will encounter resistance along the way to the breakout target that may result in some level of correction. Still always possible it finds a way to break through both of these resistance lines with ease just a lower probability with stoch rsi already in the overextended zone. If it can sustain the breakout and reach its full breakout target then I believe it will sustain the daily chart golden cross and in time trigger the breakout from the much larger triangle pattern as well. *not financial advice*
COINBASE:LINKUSD
by DrDovetail
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
COINBASE:MATICUSD
by DrDovetail
2
CAKEUSDT | Wave Projection | Bull Look SMA20 GoldenX 200 TP+50%Price action and chart pattern trading: > The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern > The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200 > Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone. > RSI bullish above 50 and MA line, MACD above base and signal line > Watch out for dump & pump move Always trade with affordable risk and respect your stoploss, nothing is 100%!
Long
by dukeposh
TOST - potential golden cross & inverse H&SDespite the volatility, TOST is still showing superior relative strength to the market, now trading 66% above it's June's low of $12. A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base. Perhaps these are signs that earnings (expected on 3 Nov) could surprise to the upside. Let's see! p/s still a very volatile market. trade at own risk. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:TOST
by Juliac
Quant continuing to pump; nearing a golden cross. Quant seems to be leading the market. Continuing to pump before the other cryptos and making its way towards a potential new inverse head and shoulder neckline. Of course it doesn’t have to find resistance at this neckline, but there is good probability it will…if so it should give us a great idea of where it’s next measured move will be once it breaks above the neckline. Also vastly approaching a golden cross here. Will be interesting to see where it’s price action goes in the next couple weeks but as of now I think I can safetly predict that it will at the very least reach this white line. *not financial advice*
COINBASE:QNTUSDLong
by DrDovetail
QNTUSD could validate the symmetrical triangle breakout here. Nice sized candle currently above the yellow symmetrical triangle..it has grown a mild bull wick since testing the thickerwhite line above the triangle which is the neckline to a bigger inverse head and shoulders pattern. It could come back down to retest the top trendline of the yellow symmetrical triangle…the most important thing is where the current daily candle closes and how the follow up candle behaves afterwards. As long as we close above the yellow trendline on the current candle probability favors the breakout…however breaking above the white neckline by the follow up candle and flipping it to support will really seal the deal. If we do validate the breakout I would not be shocked if price action came back down to retest the white neckline as support after reaching the triangles full breakout target at $166. If it can hold the white neckline as support after that its a good sign that the inverse head and shoulders pattern will be validating as well taking us even higher. Of course it doesnt have to retest the neckline to validate the inv h&s so wise to anticipate that outcome as well. One last thing to add is there is also a current smaller inv h&s we are breaking up from at the same time as the symmetrical. I forgot to put that patterns target on the chart but the smaller inv h&s target is $137. There’s always a possibility price action corrects after reaching 137 too. *not financial advice*
COINBASE:QNTUSDLong
by DrDovetail
4
XRP Golden Crossing Inbound PotentialHey crew, sorry for not publishing in a long while, been busy coding trade interface stuff and getting Pythonic So here's a quick update on the crypto beauty XRPaaaay 1. This Fib channel sits nice on a longer term trend and the price action / conformity is pretty snug 2. The 200 EMA could hold but let's face it, XRP usually dumps deep after most pumps and I like the 50 EMA as another good DCA entry with the possibility of a full retrace to the bottom of the Fib channel 3. The 50 could possible cross the 200 and send a buy signal across the boards on a golden crossing. 4. XRP news is fire right now and the whole SEC regulatory thing is sparking things a bit, but keep in mind that price action usually precedes street level news (buy the rumor, sell the news) so be aware of what's really going on. 5. I still think the dark pool lords could wick us all into the abyss but it probably will happen quickly so I have buys all the way down to garage day levels. I personally do not use stops in crypto because of this reason but conventional wisdom says don't do this. Regulators are looking for more and more reasons to ruin the crypto party, squash your gains and invade your life so I would not put it past them to work behind the scenes to zero everyone out and then introduce 1000000 new rules all in the name of "consumer protection" lol. They really do think everyone is stupid. Been scalping over here and this latest pump added some decent quiche to the buffet. Stay frosty friends and catch you soon!
by FudBox
4
SBUX - Golden CrossSBUX just had a golden cross! (50day MA crossing above 200day MA). Could still be volatile as the 200day MA will take some time to flatten out and turn up. Stop loss should be about $1 below the recent pivot low of $83 Watch out for earnings nearer end of this month. Could be prudent to take some profits before earnings announcements. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:SBUXLong
by Juliac
1
PINS - potential golden cross?PINS has been forming a round bottom basing pattern for the past 6mths and is already starting to cross above it's 200 day moving average. There is a good chance that we could have a golden cross (ie 50d MA crossing above the 200d MA) in the near future and WHEN that happens, then a firmer uptrend could be underway. Meanwhile a retest of it's recent pivot low @ 22 (which is also its 50day MA) is still possible but likely not to breach this level. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:PINSLong
by Juliac
#SPX500 BounceWith all the doom and gloom recently haven't noticed many paying attention to the bigger picture. FOMC decision to bring 75bps rate hike was fully priced in, in fact the market had partially priced in full point hike. Despite that bear arrogance remained peak levels and have continued shorting the markets (crypto, stocks) on mega volume. Going back to Wyckoff, one of the 3 golden rules he considers is EFFORT and RESULT. While market has been short on super volume, the price did't quite reacted same. When EFFORT != RESULT we look for pause and reversal. Sell volume has been slowly being absorbed and we have, for a very first time seen a 50/99 DMA Golden Cross While this is early indication and needs to be confirmed with 50/200 Golden Cross, short side is extremely heavy and vulnerable. Remember, liquidity is magnet, and free money in form of stop-loss are up north. Furthermore, we almost fully retraced the COVID pump and we are at a levels from where market lost its organic trajectory due to the aforementioned natural disaster.
PEPPERSTONE:US500Long
by MarianusInconnuX
MATIC Extended V Bottom 1DStarting with a clean chart... A look at the weekly shows an extended V bottom, the V bottom is often seen as a recovery formation. Should the price fall below $0.52 I consider the formation eliminated. With the "extended" V bottom, the sideways (extended) consolidation phase serves as a pause and often resembles the shape of a channel or bull flag . I zoom in on the daily timeframe and also notice there in the tip of the V shape also a Smaller version of this Extended V Bottom Formation. On this timeframe we also find the zones where I expect possible resistance/support. And the Flip zone is an important one. Here the bulls need to claim the zone in order to stomp through. Also note that the MA50 and MA200 are already approaching each other and if they cross bullish , its gonna be an Golden Cross where the Death cross took place in early March and the previous Golden Cross in early January 2021. Or in other words that moment could be a bullish moment. On the 4 hours I mark the price by means of a Descending Scallop and in the background I have also drawn the Descending broadening wedge where the resistance line has been tested as a support line. in case of a breakout on the formation and a re-test, the price targets are mentioned. Also be sure to keep the big picture in mind there is still plenty of room towards the $0.23 mark. Keep calm, Do your own research! trade safe and manage your risk. (Disclaimer: This is not financial advice)
M
by Tims.Technische.Analyse.