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50dma

$SOL and Most Major Alts Get Hard Rejection from 200DMAMost of your favorite Alts such as CRYPTOCAP:SOL had hard rejections from the 200DMA. If this trend breaks into the red box we should see a retest around the .236 Fib and 50DMA ~$140 RSI also looks McDonald's toppy Not a good time to FOMO. PS. Normally i dont post TA this late in the night from the US but I'm gonna consider doing more if i get some decent engagement. Lmk if you think i should post more at these midnight hours 🎃
CRYPTO:SOLUSDShort
by jonnieking
1
$BTC Post Death Cross PA Has NOT Confirmed 200DMA - Must Read!Throughout Bitcoin's history it has had 11 Death Crosses (50DMA crossing under 200DMA), and 10 of those times price has retested the 200DMA within ~3 months (with 1 outlier). Do you know what time it did NOT retest the 200DMA? You might have guessed it… this most recent death cross ☠️ The only outlier that price did not retest the 200DMA within ~3 months was in 2015, where it took nearly a year to retest. In that time, CRYPTOCAP:BTC ripped 200% just 75 days later, which marked the start of the PARABOLA. This is why I have been so adamant with sticking to my base case for Bitcoin’s next move. Is this time different? 🥸 Will it take nearly a year to retest the 200DMA? An interesting observation I found was that if we take 90D from the most recent death cross, it brings us out to July 6th, which is right around when the 90-day pause of tariffs is lifted 🧐 Having said all that, if PA confidently breaks above and confirms previous ATH (~$110k), I will lean towards the 2015 outlier for the 200DMA retest, which would put us into late Q1 2026. That would line up nicely with a suspected top of the cycle 🥲
INDEX:BTCUSD
by jonnieking
$BTC Trump Pump $100k Target HitTRUMP PUMP IS BACK 🔥 $100k target hit ✅ Another massive rip for CRYPTOCAP:BTC closing within the golden zone 🏆 Need some consistent PA in here or a rip and close above the .786 fib. 200DMA (now sitting at $90,861) is still my base case as mentioned in my original analysis several weeks ago. IF this is the start of the PARABOLA, and you have some dry powder, a retest of ATH ~109k and then correction to .786 ~$101k would be your entry, with a SL just below the .618 ~$93k Exciting to watch either way it goes! This is why you always prepare for both scenarios 🤓
BITSTAMP:BTCUSD
by jonnieking
$BTC Huge Daily Close Above the .618 Fib !Very BIG Daily Close for ₿itcoin above the .618 Fib 🥵 CRYPTOCAP:BTC needs to close the next week in or above the green box demand area in order to keep the rally alive and flip resistance into support. As I originally mentioned in my idea, PA either needs to correct accordingly or this is the long-awaited PARABOLA in the making. I still stand with my original belief on how this will play out, and have numbered my ideas accordingly. 1. Correct to 200DMA 2. Correct to 50DMA 3. Inverse Head and Shoulders reversal pattern 4. PARABOLA 🚀 I hope it's time to MOON more than anyone! but I still have a good chunk of cash on the sideline in case the market needs more time 🤓
BITSTAMP:BTCUSD
by jonnieking
$TOTAL Crypto Market Cap BULL TRAP AlertBULL TRAP 🚨 New money has been coming into the market as shown on the Crypto CRYPTOCAP:TOTAL Market Cap, hence why you haven’t seen “rotations” in coins, but it appears to be drying up. There’s been major resistance at the 200DMA, which is just below the previous ATH at $3T, and PA is being squeezed between the 9DMA. Combine this with a heated RSI, it appears to be a bear flag in the making. The trendline from Oct. ’23 gives confluence with the 50DMA as support. *The only savior I see at this point is price smashing through the 200DMA and flipping support into the green accumulation box. Regardless, this move is coming to an end later this week to test support or breakout. Again, I’ll reconfirm my stance that this is the most obvious bull trap I’ve seen all cycle. Although I hope to be wrong 🥲 Having said that, after support is confirmed on the move, we are going to VALHALLA 🚀 Bookmark this 🤓
CRYPTOCAP:TOTALShort
by jonnieking
50DMA and TBILLS indicating when bear market hitsHere's a closer look at a highly reliable cyclical bear market indicator. Over the past two decades, it has consistently proven itself as a trusted signal, often aligning with yield curve inversions. In contrast to employing trendlines and breakouts for precision, this chart relies on moving averages. These moving averages function in a similar manner to channels, as they calculate the mean, much like a channel does in various aspects. When there's a breakdown from this mean, it typically signifies a significant loss of support. From a fundamental perspective, this shift suggests that the market is heading towards a risk-off sentiment, leading investors towards products such as TLT due to their appealing pricing in comparison to stock valuations. The divergence we're witnessing appears unlike any we've encountered before. To return to the mean, it would require either a prolonged consolidation at higher levels for many months or a sudden and sharp downturn. I have my own theories on how such a downturn might occur, possibly triggered by an event akin to a cyber attack on financial systems, similar to the disruption caused by the COVID pandemic. However, that's a discussion for another day. In this scenario, our focus should be on reacting to developments rather than attempting to predict them. Currently, the most crucial level to monitor is a potential retest of the 4100 range on the SPX, coupled with how the yield curve reacts when it approaches its initial resistance. If a breakout occurs in these areas, it could signify an increasingly uncertain market environment. For a more detailed analysis, please refer to the chart below, which provides insights into the points I've discussed.
TVC:US03MY
by EdwinPus
Bitcoin has a little more to go downwards before finding supportBTCUSD has been in a rising channel since mid December 2020. It has, remarkably, maintained this rising channel and issues the channel's lower trend line as support around 4 times - this further providing evidence of channel integrity and lower trend line support. Currently the price is approaching the lower trend line support and has a little more to go down before it reaches that level and potentially starts rising again. Based on trend analysis, the price level for support is between around $58000 and $57000. A good entry point would be once the price hase moved into the zone, found support and moved back up with a minimum of 1 - 3 bars of confirmation of upward price trajectory (depending on risk preference) to avoid a false price bounce. However, this would be a risky trade requiring active and closely monitored risk management due to the following cautionary notes. The RSI and price are starting to show signs of longer term divergence. This divergence may be temporary and cancelled by the RSI beginning to trend upwards along with price off support from the lower trend line, however a divergence is a very strong technical signifier of trend reversal and demonstrates any future trade currently requiring a lot of risk management. Additionally, the RSI recently reached an overbought peak and, coupled with its most recent peak being lower may be signalling a slowdown in the trend. Furthermore, recent support from this lower trendline has not resulted in price movement reaching the upper trend level either signifying impending general downward pressure on price or general slow upward price movement. Finally, in March 2021 the 50 DMA, lower trendline and price converged, which could have resulted in more powerful price action towards the upper trendline but didn't, further demonstrating resistance to major price movement upwards (although the total maximum price movement upwards was about a good 17% nonetheless, signifying profitable scalping potential based on this trend).
BITFINEX:BTCUSDLong
by slip_stream
BTC/USD to fall lower and maybe bounce off the 50 DMA or necklinPrices are approaching the 50 DMA, which historically has provided suport to the price. Furthermore the 50 DMA is also converging with the neckline to add further support to this level being a suport level for the price. Additionally the RSI also has found support at the level it would reach when the price reached the 50 DMA. This sets up the following: prices will continue to fall to the 51k-49.75k level with would be a support zone.
BITFINEX:BTCUSDLong
by slip_stream