Troubles for Bitcoin Grow as Analyst Spots “Potential Death Cross”

2020-10-7 11:01

Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset’s short-term moving average closes below its long-term moving average–holds credibility for predicting bearish markets.

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cross moving average bitcoin death closes short-term

Источник: bitcoinist.com

cross moving → Результатов: 80


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This Grim Pattern Indicates Bitcoin Is Ready to Plunge Towards $9,500

There’s an air of uncertainty within the crypto market, with most altcoins plunging lower as Bitcoin continues consolidating Analysts seem to be unsure of where the benchmark cryptocurrency will trend in the near-term, as it has yet to make any decisive movements One trader is noting that BTC is currently in the process of undergoing a bearish technical cross between two of its moving averages He notes that this could open the gates for a […]

2020-10-6 21:00


This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge

Over the past few days, all anyone could talk about on Crypto Twitter was the golden cross that had formed on Bitcoin’s one-day chart. For those unaware, a traditional golden cross in technical analysis is when an asset’s 50-day simple moving average crosses above its 200-day moving average, suggesting that a decisive bull trend is […] The post This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge appeared first on CryptoSlate.

2020-2-20 12:00


Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. This technical formation – which is accurately described by analysts as a “death cross” – comes about after an asset’s 50-day moving average crosses beneath its 200-day […] The post Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action appeared first on CryptoSlate.

2020-1-24 22:19


Last Weekly Golden Cross Led Bitcoin to Rally 75% Rapidly; Will the Same Happen Now?

If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the verge of printing what is known as a “golden cross,” when a short-term moving average crosses over a long-term one to.

2019-12-9 03:00


Bytecoin Price Analysis BCN / USD: Death Cross

Bytecoin is bearish in the short-term with price creating bearish lower lows and lower highs The four-hour time frame shows that a bearish head and shoulders pattern has been triggered A daily time frame shows that the 50-day moving average is close to crossing over the 200-day moving average Bytecoin / USD Short-term price analysis […] The post Bytecoin Price Analysis BCN / USD: Death Cross appeared first on Crypto Briefing.

2019-8-1 16:57


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