Get started

Golden

Golden Cross on XRPUSD now 1 day away! Exciting to see that it seems inevitable we will see the golden cross on xrpusd come wednesday. A small retracement on tuesdays candle is not a bad thing as it brings price action closer to the golden cross for the time it occurrs which usually tends to give it better odds of being a sustained golden cross. We might not see price action respond immediately but it will very very likely respond a day or few after and probability is favoring the cross to not get uncrossed and be sustained as well. Smart to be prepared in case of a fakeout but one is very unlikely to occur. next xrp temporary bull target is 47 cents.
BITFINEX:XRPUSDLong
by DrDovetail
2
ETH/USD Where is it going to?Hello Friends, I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon . Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in the cards? All I can say at this point is the RSI has turned downward along with the MACD in tow. The RSI is showing a divergence yet there is a fractal signal giving indication to stick it out for now. The bollinger bands have turned inwards for a possible squeeze, forcing out whatever juice that remains of this trading pair. Despite the SMA golden cross and its SMA 100 predecessor, we haven't seen much action. The 50 is looking temporarily as support but the pattern will dictate the outcome as will sentiment in the market. Looking at the weekly chart the RSI is neutral yet curling towards the bottom but the MACD is showing mixed signals and continues to climb. Volume has significantly decreased since November yet we are watching a decline in price. So which way is it going? I have an answer but that will require an interest in the community. Cheers!
COINBASE:ETHUSD
by keifer
Why BTC could hit 9.6-10k before a correctionBTCUSD continues to climb and plenty of weak hands have been taking profits prematurely and missing out when it continues to pump. They fail to see how we could raise 78% from the point of our golden cross before any serious correction which is around 9.6k. That's because they aren't looking at the fact that btcusd did exactly that at the beginning of the previous bull market, or that litecoin did just hat just a little over a month ago after its golden cross. In both scenarios it rose 78% without correcting and then once the correction hit they dipped 31 and 41 percent. If we were to dip 31 percent off this bull run after reaching 9.6k it would put us around the dreaded 6,666 number crypto loves to gravitate towards. Now that longs on btc are finally starting to slightly outnumber the amount of shorts it tells us a correction is definitely on the not so distant horizon and to remain vigilant.
BITSTAMP:BTCUSDLong
by DrDovetail
can weekly 50MA flip to support? Crucial to avoid a correction.must keep a very close eye on this weekly 50ma we are now above...it can easily still get rejected and even though we are above it at the moment until we sustain it as solidified support it has great potential to ultimately reject priceaction and send us back down for what will likely be higher low...how far down that will be is hard to say but it can drop quite a bit and sill become a higher low after all the bullish priceaction we've had the past couple months. Be cautious and wait until you see the 50 week solidify as consistent support before putting the bull blinders on. Either way we can tell the bull market is very near.
BITSTAMP:BTCUSD
by DrDovetail
Are you seriously scared by this BITCOIN move?What a great and complicated chart to make some analysis on. Let's start. First of all: nothing to worry, yet. We made 10 consecutive days with a single retracement, starting around 4100$ up to 5400$. A correction here is not only healthy, it's necessary! As you can see from the chart, we were following a well structured channel, and today we clearly broke it, with decision. This channel will probably act as resistance in the following periods. This dump was necessary, as the RSI was definetly too high in the daily (still above 70!): it's better to correct now 10% than 30% at $6000. After this, we should consider the future: what will happen now? There are two possible solutions. I'm more for the bullish one. The bullish solution is that BTC will find support in the 5000$ area (S1) and continue this uptrend in the following days. This would be great as in 14 days we will see the GOLDEN CROSS, which could make the new bull market start. The other hypotesis is that this 5000$ support won't hold, and we will be back at 4700$. At 4700$ we won't have the Golden cross, and the market will decrease this bullish sentment.. From the pure technical side, you can spot that RSI has finally arrived in the oversold territory in H1 for the first time since the big pump. This could be a good buyin, if you consider the long trend as bullish.. We'll update this analysis during the next couple of days. What do you think? Let us know in the comments!
BITFINEX:BTCUSDLong
by BFCMInvest
2
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
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
EOS Golden CrossGolden cross just occured for EOS vs USD. If we find support at or above $4.62 (previous long-term support), we can be sure a nice rally will follow! However, it might just skip finding support around $4.62 and go straight into a small to medium parabolic move, returning to find support at another previously strong level that coincides somewhat with one of the fib levels of said parabolic move. You know what that means! :D -> long-term bull trend swing on its way for EOS and several other crypto assets that already have or are on the verge of having a golden cross.
BINANCE:EOSUSDLong
by lysergik
AAPL on new Bullish Trend! (Golden cross)To identify a Golden Cross , the following usually takes place: 1. There is a downward trend is occurring but is on its last legs because interest in selling declines and eventually begins to be overpowered by stronger buying interest. 2. The emergence of a new trend . It is all about the breakout of the new trend, when the short-term average crosses from below to above the long-term average, forming the golden cross. 3*. The new bullish trend is prolonged... On another note, On March 25th, Apple has a big reveal for the Dongle TV (their own firestick/chromecast), a new streaming platform, and more. I think now could be a great time to go long on AAPL. I appreciate any feedback!
NASDAQ:AAPLLong
by dorfmanmaster