BTC DEATH CROSS IN DAILY TIME FRAME 🚨📉Description:🔍 Death Cross on BTC Daily Timeframe
When the Death Cross flashes on Bitcoin's daily chart, it typically signals a bearish scenario. Here's what you need to know:Initial Reaction: The market may initially experience a small pump, creating a false sense of security.
📈The Real Move: Following this, a significant dump often occurs, aligning with the bearish expectations.
📉BTC Price Targets:
📉 $50,000: The first line of support might be tested.
📉 $48,000: Watch for potential resistance as the price trends lower.
📉 $44,000: A deeper correction could lead to this target.
Deathcross
BITCOIN goes Bearish after Death Cross#BITCOIN Daily Chart Analysis
As per daily chart pattern, estimated #DeathCross will be happening up to 12-15 September and if it will be happening then Market goes in Deep #BearishZone for next 70-100 days and Bullish Trend starts late around 15-25 Nov. 2023.
A "death cross" occurs when the 50-day moving average (50MA) crosses under the 200-day moving average (200MA). It's always a bearish sign, that indicating that the market may be heading toward a longer-term of downtrend or bear market.
Always #DYOR before investing in Crypto-Currency in this Volatile situation, and Trade wisely by using #StopLoss.... It's a #NFA.
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BITCOIN - Death Cross ComingAs per #Bitcoin Daily Chart Analysis...
Bitcoin, might be on track for its major "death cross" in 2023 into September next week.
Bitcoin's daily chart is set to print what is regarded as a "death cross," a bearish chart pattern, for the first time since January 2022. Notably, this would be the first occurrence of this type on the daily chart in 2023, with the weekly chart painting a death cross earlier this year in February 2023.
Bitcoin's daily moving MA 50 is set to cross beneath its moving average MA 200, which would yield the dreaded death cross pattern. It should be recalled that Bitcoin painted a golden cross on its daily chart in February of this year, preceding its rise to highs above $31,000 in April.
Bitcoin's death cross is expected to occur in the coming days but probably next week, and analysts are already paying keen attention to the impending crossover.
Death crosses, on the other hand, should not be considered an ultimate signal, as some experts refer to them as a lagging indicator. Furthermore, experience has shown that the Bitcoin death cross is unreliable as a solo signal.
Bitcoin extended its declines after the Securities and Exchange Commission delayed its decision on all spot Bitcoin exchange-traded fund (ETF) applications. Today, the leading cryptocurrency fell to lows of $25,528 last seen in mid-June of this year before slightly rebounding.
At posting time, CRYPTOCAP:BTC was marginally down 0.37% in the last 24 hours to $25,695.
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SHORT TITAN: Educational analysis, Death CrossTitan will be going down by until 10-15 days, backed by a holy DEATH CROSS and analogy going from weeks.
Titan is a showing a lil bearish pattern looking at stock series data from around December 2022. This pattern has not been changed yet.
A visible death cross pattern appeared, as we can see. Stating that this downward trend can be there for a long time. Good News.
While on the recent opening of the fundamental data, revenue has increased wrt expectation but the earnings have not been increased but have decreased, hence we can see a huge spike on 3rd February 2023,
One more analogy is that, a period of around 13 days is required for the hill pattern to occur, first the stock will move up and get back at similar value position at around 13 days later.
Hence predicting that TITAN will go around 2347 on 05-04-2023.
Let's see.
Cautious View on Sanofi - Death CrossSanofi on Monthly chart is on verge on forming a death cross (20-50 EMA negative crossover)
Cautious on this stock to take entry until there is some confirmation on change in trend.
In case the death cross occurs in a month or two then the below support levels are marked.
Please note: The formation is not yet completed and if there is reversal well and good, else remain extremely cautious from entry,
Death Cross in CAMS stockStock- CAMS
Death Cross is observed in Daily Time Frame.
50MA has crossed 200MA from above
& now 200MA is acting as resistance,
It has formed like Double Bottom and rose up and gave breakout above the strong resistance and the resistance trend line but during reversal from bottom, no consecutive big bull candles are formed like the big red candles while going down, which shows Bulls are comparatively weak.
And the breakout candle is red candle and the volume is not good either of the current candle as well as the big bull candle near the breakout.
So i think more probability is breakout will fail and it will reverse downside.
Let me know your views in comments
BITCOIN BULL RALLY START FROM 16TH FEB 2022 ?Observed interesting pattern from last bull rally of BitCoin. Analysis of post Death Cross activity before the previous bull run and predicted the same for the next bull run. As per the Price downfall, BTC already covered the expected downfall of 9108 $. Presently expecting sideways movement before bull run. As per Date Measurement, 16th Feb 2022 is the estimated date of the next bull run.
Are you ready for the next bull run?
Start accumulating good crypto coins at the lower level.
Weekly Analysis of BTC-USD(22nd June)Bears continue to dominate the crypto markets as almost all the major crypto assets fell by more than 7% in the last week. BTC formed a weekly bearish candlestick pattern with ~ 9% decline, also, BTC witnessed is its 6th consecutive week of institutional outflows. However, it is still holding the $30-$31K support zone and at the time of writing, BTC is trading slightly above $32.5K.
BTC also witnessed a ‘Death Cross” on the Daily TF and when this happens in the last bull rally of 2018, BTC further dipped more than 25%. On the downside, the nearest support zone is placed at $30K-$31K, if it decisively closes above the $30K, a further downswing rally is most likely to continue till the next support at $28K, followed by the next significant support at $25K.
On the positive side, BTC is still holding its $30K support for the last 4 weeks, and also, it is making higher highs from the last three times. The immediate hurdle is present at $33.5K, once it breaks this level, the net potential resistance is at $36K, followed by the next level at $38.5K.
Weekly MACD is also entering into negative territory whereas Daily MACD is also giving a bearish crossover, both indicating bearish sentiments to prevail in the coming sessions. However, the breakdown below $30K will act as a confirmation for the further bearish movement.
BTC Bearish ContinuationBTC continues remain bearish...
Death cross almost done...
Important levels to watch now...
Short term-
Upside - 37K, 42K
Downside- If 35200 breaks, high chance of 32K
Long term-
Upside- If 42K breaks, BTC rally will start again
Downside- If 32K breaks on daily, high chance of 18K
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Death crossover done, what next in Bitcoin?Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Death Cross Confirmed in 1D Chart ✅
So far Bitcoin is Moving Inside the 34-41k S/R Range..
RSI indicator is Making Lower Highs Since 8th Jan (Downtrend)
If Daily candle Closed Below the 34.5k Support, Bitcoin Might Retest the 31k Horizontal Support Area 📉
A close above EMA200 (41k) invalidate the Death Cross‼️
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BTC Worst Case Scenario 2021 (Part II)Just a continuation of previous idea. (Link below)
Now that the death cross is confirmed (on MAs, namely 50 and 200 MAs), I believe the price action I'm guessing is on track. We'll see more downside soon (down to 20K-ish). That, of course, given there is no external influence (Elon's tweet for example).
When shows up, Death cross historically mirrors the pre-death cross price action (which is dropping.) So, we should expect it to go down another 48-50% ish.
Save your ammo for a really big discount on BTC.
SPCE From Golden Cross to Death Cross to Blackhole Who KnowsA Golden Cross appeared on 10/9/2021 with the following criteria:
1. Existing uptrend
2. Confirmation of GC on 11/18/2021
3. Continuation of an uptrend
This Bull run lasted until a Death Cross was spotted on 3/30/2021 with the following criteria:
1. There was an existing uptrend
2. DC occurs
3. Confirmation of existing downtrend
I conducted my analysis on a 4 hour time frame. With recent insider sell off it will take either spectacular earnings (which I do not see happening imo) or an actual test flight (not just another date and delayed flight) to get this security past the prior support level of $23.03.
A crucial trend line for BTC to be testedThe yellow trend line has not been broken since 2017. Zoom in and witness the support level is around 6445. This is a very crucial support level. During Feb low (6000), the trend line was still active. MACD also suggesting sell-off and RSI suggesting oversold.
Other ideas:
• On 4H chart, BTC is forming a double bottom with the base at 6000. If this is followed, a rally could be expected for 13,000!
• Death cross has also happened that suggest more price drop but I think it's relatively flat and trend can be reversed in no time. However, people will panic sell until 50MA gets back above 200MA.
• I'm new to these analyses, hence, comments are appreciated.