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. origin »

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$ 60031.73 (-0.69%)
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cross moving average bitcoin death closes short-term

Источник: bitcoinist.com

cross moving → Результатов: 80


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


Survey Says Sell? Just 43% Believe ‘Golden Cross’ is Bullish for Bitcoin Price

By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a Twitter survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants believe that the signal, which typically hints at a bull run ahead, is a trap and that it is time to unload some Bitcoin.

2019-4-26 18:37


Фото:

Ethereum forming bullish technical indicators

After a 2x upward movement in price, Ethereum (ETH), the world’s biggest smart-contract blockchain, has formed its first bullish golden cross since Feb. 19, 2017. Understanding the Moving Averages Prior to diving into a price analysis of the second largest cryptocurrency in terms of market cap, some of the technical terms used in this study […] The post Ethereum forming bullish technical indicators appeared first on CryptoSlate.

2019-4-25 03:11


Bitcoin Golden Cross forms—beginning of the bull market?

The crypto winter might be over. Bitcoin (BTC), the pioneer cryptocurrency, has formed its first golden cross since Oct. 27, 2015, marking a pivot point for the entire market. Explaining the Terms Before going into details, it is necessary to explain the three primary indicators in this analysis: the moving average, golden cross, and death […] The post Bitcoin Golden Cross forms—beginning of the bull market? appeared first on CryptoSlate.

2019-4-24 07:28


Stellar Lumens Price Prediction: XLM Made a Short-Term Double Top

Long-Term Outlook A look at the Weekly logarithmic chart for XLM shows that the price is currently trading above the between the resistance and support areas at $0.16 and $0.06 respectively. Furthermore, it has found support above the 200-period moving average but is trading below the 21 and 50-period which have made a bearish cross, […] Stellar Lumens Price Prediction: XLM Made a Short-Term Double Top was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-3-13 16:14


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