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Goldencross

XRPUSD Weekly chart suggests a triangle breakout is nearingWe can see here how the bottom trendline of this brown symmetrical triangle has held support since early 2020 and will likely continue to do so. We can also see that we are on the verge of a weekly golden cross with the weekly 50ma (in orange) looking like it will cross above the weekly 200ma(in blue) shortly after the next bullish impulse in price action. Those MAs are currently serving as support for current price action and could easily maintain that support. If so then the place I arbitrarily put the dotted breakout measured move line is likely to be close to where the actual breakout occurs in which case the price target should be similar to what you see here. There is also a chance that we are given some sort of Black Friday or holiday discount, in which case price action dips below the weekly MAs momentarily….if so I personally think a retest of the bottom trendline of the brown triangle will be an optimal place for me to buy such a dip if I’m lucky enough for price action to retest it. If that were to happen the spot where the breakout eventually happens will have to be changed but it shouldn’t effect the price target too dramatically. Of course as always this is not financial advice and simply my strategy for my own holdings. Thanks for reading. Excited to see how this one pans out.
BINANCE:XRPUSD
by DrDovetail
Legendary Golden Cross on XRP happening right at triangle apexThis chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t financial advice but if I had to take a mildly educated guess of what the outcome with the highest probability of happening here is I’d simply say:UP!!!
CRYPTO:XRPUSD
by DrDovetail
1
Flare breaking up from falling wedge that is also a bullpennantThe shorter dotted purple line is the breakout target for just the falling wedge alone. The much longer dotted purple line is the measured move / breakout target line for the entire pennant. As we can see the price action has treated this longer dotted purple line as exact wick resistance here now as it begins its ascension to the breakout targets which helps tell us that this measured move line is indeed a very valid one. We can also see an impending golden cross just around the corner for flare as well at which point I expect it to get the same bullish impulse most of the alt market has been getting after their golden cross happens. If we hit the full breakout target of the entire pennant, that will take price action above a double bottom neckline as well which wll then lead to the opportunity for an even bigger breakout target. *not financial advice*
COINBASE:FLRUSD
by DrDovetail
2
Filecoin firmly above invh&s as Goldencross occursPrice needs to flip the ascending white trendline to solidified support to be fully confident that price wont try to dip back below the inverse head and shoulders neckline again, and as of now that white line is still currently resistance, but with the golden cross just occurring and the way most alts have been bullishly responding to their golden crosses the same day as the cross, coupled with the fact that the white line has not had much strength behind any of its price rejections thus far, makes me believe we will see priceaction flip the ascending white trendline to solid support before too long. I will be looking for the dotted measured move line from the invh&s breakout to attempt to maintain support and if not then the next support below that is the inv h&s neckline. After that the final support is the thin bluish green colored 21 moving average. I anticipate one of these three supports will ultimately hold. *not financial advice*
COINBASE:FILUSD
by DrDovetail
Shiba Prints a Triangle, When Will It Break?Here on COINBASE:SHIBUSD we can see recent Price Action is outlining a Triangle Pattern having Pushed up through the Sept. Highs after the Pro-Crypto Trump Administration won the Presidency, and being rejected from May Highs! Price has been able to find Minor Support in the .000023 - .000022 area, but based on Tests 1 and 2 of the Falling Resistance showing Less Volume with each touch, Buyers seem to be losing their strength. Every Trendline needs at least 3 Tests to Validate their Strength and Probability of holding Price and we are currently waiting on that 3rd Test potentially in the .000027 area. -If the Falling Resistance is able to hold Price, we could see it decline to the nearest area of Structure being the Support from the Sept. Highs @ .000021 - .000020 -If the Falling Resistance is broken, Price creating a new Higher High must be followed by a significant amount of Volume Validating the Break otherwise it could be a False Break! The 200 EMA and DSR have printed a Golden Cross increasing the probability of Bullish moves to come! Indicators: - Price Trading Above 200 EMA - RSI Above 50 - BBTrend Printing Green Bars
COINBASE:SHIBUSDLong
by Novi_Fibonacci
Bullish Long for DJTDJT's tremendous buying volume today pushed the stock price to $32.17 (+18.43%). A golden cross formed on the hourly chart on October 8th, and if DJT keeps its bullish momentum, a golden cross will likely form on the 4-hour chart in the next few days. The weekly chart shows that October holds the strongest buying volume for the year. This should help DJT play at a higher value. Fundamental Analysis—The surge is likely due to interest and support for Trump's upcoming presidency. This is what happened in March 2024. DJT's value rose due to the loyal base of Trump supporters. Analysts labeled DJT as a meme stock, trading more on social media buzz than traditional financial metrics. Knowing these fundamental analytics, I believe DJT will find great value and performance depending on a Trump victory.
NASDAQ:DJTLong
by LOWCO_487
Eth cup and handle looks posed to breach rimline soonWe have confidently broken upwards from the handle and the handle’s full breakout target takes us above the rimline of the cup. Many other cup and handles have already validated their breakouts, the most notable being Bitcoin, total, solana, and total2. Ethereum is very probable to follow in their footsteps (pricesteps? Wick steps? Candle steps?) We are also about to have a golden cross on the daily chart for ethereum so here is a zoomed in shot of the handle breakout progress and the golden cross so we can keep track of how the cross impacts price action: . Since the handle’s breakout target is just above the rimline of the cup, it wouldn’t surprise me if price lingers just above and just below the rimline for a little bit to toy with leverage traders before it finally decides to flip it solidified support and validated the breakout. We shall see soon enough *not financial advice*
COINBASE:ETHUSD
by DrDovetail
Vechain attempting to flip inverse h&s neckline to supportCan see here on the weekly timeframe chart how it’s already closed one weekly candl above the neckline.there have been many daily chart candles recently battling to main support on that neckline as well and also an impending golden cross on the daily chart time frame set to occur in tthe next 1-2 daily candles as seen here —-> blob:https://www.tradingview.website/e00ebf4c-9780-485c-a37a-9d603aec6fd4blob:https://www.tradingview.website/e00ebf4c-9780-485c-a37a-9d603aec6fd4 Since btcoin is still in the midst of it’s first correction since it has entered the parabolic phase of the bull run and we are so close to Black Friday which is often a time of year one can scoop up cryptos at a discount, this impending daily chart golden cross may be one of the few exceptions atelier where price action doesn’t immediately hav a big pump the same day as the cross. Vechain could always break apart from the pack though at that point as well and pump while most things are still correcting. Also a slight chance the market correction is over before Black Friday too. Whatever the situation may be, if we see Vechain correct here as well but also hold support on the daily timeframes 50ma,I will likely add a little bit to my Vechain stack *not financial advice*
BINANCE:VETUSD
by DrDovetail
2
Arbitrum will be golden cross!Arbitrum (ARB) is on the verge of something big! With a golden cross forming in the next few weeks, all signs point to a major breakout. This technical pattern, where the 50-day moving average crosses above the 200-day, has historically signaled strong bullish momentum. As we gear up for altseason, Arbitrum’s growing ecosystem, low transaction costs, and fast processing times make it a standout contender. Could this be the start of ARB becoming one of the most popular coins in the next market cycle? With Ethereum’s scalability solutions becoming increasingly critical and Arbitrum leading the charge in Layer 2 solutions, the future looks bright for this project. Investors are starting to take notice, and as more dApps and DeFi protocols continue to build on Arbitrum, its value proposition is becoming hard to ignore. Are we about to witness Arbitrum soar to new heights as the golden cross triggers the next wave of bullish sentiment? Time will tell, but for now, ARB is definitely one to watch closely in the upcoming altseason.
Long
by panjifh11
1
Inverse head and shoulders and golden cross on algorandMuch like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we’ve seen it already provide xlm, solana, and the total chart, if so we should see the price action break above the enckline of this inverse head ad shoulders pattern not long after. I’ll link the litecoin chart down below for easy access to compare the similarities between these two charts. *not financial advice*
COINBASE:ALGOUSD
by DrDovetail
Updated Ascending Triangle!I wanted to update everyone following the TA on GME. It looks like yesterday's sideways movement has widened the Ascending Triangle on the 1-hour chart, which was expected due to the Cup & Handle formation on the daily chart. This sideways movement has now set up the handle on the daily chart and makes for a much larger breakout than anticipated. Here's the latest development: Along with the widening of the hourly Ascending Triangle, the 4-hour pennant breakout has now formed a second small pennant, which also makes up the handle for the Cup on the daily chart. Additionally, GME is still in the middle of a Bull Flag breakout on the Weekly chart, on top of a Golden Cross! Here's the current breakdown: 1-hour chart: Ascending Triangle 4-hour chart: (New)Bull Pennant Daily chart: Cup & Handle Weekly chart: Bull Flag + Golden Cross I've never seen a setup quite like this before. The breakout across all timeframes is going to be something special for sure. I'm just counting down the days until these patterns breakout across all timeframes. For those following this for the first time, here's some exciting historical context: The last time GME had a Golden Cross on the weekly chart was back in January 2021, and GME saw a 12,000% move in just 183 trading days. Don't blink—we are right around the corner from history in the making! ✌️
NYSE:GMELong
by impossiblebull
1
Last Time XRPUSD Will Be Under $1! Raise the "Flags"!BITSTAMP:XRPUSD - Bull Flag Prediction Based on lack of Volume and price falling into a Descending Channel. The suspected Flagpole from the Low @ .4860 before the Rally to the current High @ 1.26541, suggest a potential 160% increase in price once a Bullish Break confirms the Bull Flag! First, Price will make a Retracement to the 38.2% Fibonacci Level, testing the July 2023 Highs and the Support of the Descending Channel around .94 - .92 cents. Added confluence is the Retracement would also be testing the 200 EMA since the appearance of Golden Cross across all Timeframes! This could be the Last Time BITSTAMP:XRPUSD sees below $1!! Rallies come in waves, if you missed the first, don't miss this one!!
BITSTAMP:XRPUSDLong
by Novi_Fibonacci
Golden Cross having immediate bullish impact in parabolic cycle The next couple charts I post will simply be to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few weeks afterwards to know whether that cross will have its desired outcome or instead end up being a fakeout but lately I’ve noticed multiple charts have seen an instantaneous pump on the exact day of the golden cross, which is making me think that once we enter the 2nd parabolic phase of a bull market that that is when you can anticipate a golden cross to have its immediate intended effect its suppose to have with much much higher probability than all the other market phases including even the 1st half of the bull market. Anyways I wanted to illustrate that hypothesis here with the Total chart as you can clearly see it’s a text book example, and I will try to also include another example where this occurred either in a follow up chart post or below if I can figure out how to get tradingview to let me post images of other charts below without making an entire new post for it. One major reason I want to illustrate this is because within the next 1-2 daily candle closes the Total2 (aka altcoin market) chart is going to have its golden cross and it is currently trying to confirm the breakout upward from a cp and handle pattern which is a huge fulcrum point for it. SO should the trend of instantaneous golden cross pump effects occurring the same daily candle as the cross itself, this could clue us into exactly when the real full on alt season will be about to kick off (which if correct, wll ignited by a BG pump within the next 1-3 daily candles). I will link the impending total2 golden cross chart below for you to reference and keep a eye on. *not financial advice*
CRYPTOCAP:TOTAL
by DrDovetail
A close up of the bullflag forming above c&h rimline on total2The red line is the rimline of the Total2 chart’s cup and handle pattern that I made a post about a few days ago and will link at the bottom of this post. I thought it would be a good idea to include a close up of this bull flag that is forming with that redline mostly serving as support here so it would be easier for people to see when the breakout from the cup and handle will be validated. Once we have solidified the red line as support long enough we will validate the breakout from the cup and handle. One thing that will greatly increase the probability that w will validate that breakout is by first valdating the breakout up from this smaller bullflag pattern that has been forming here, you’ll notice that we are also about to have a golden cross (when the orange line crosses above the blue line ). We are now just one to two days away max from that cross happening and I would not be surprised if the pump up from the bullflag that validates it’s breakout occurs the same day the golden cross occurs, as I have already seen that happen immediately on the golden cross in two other chart recently, and it usually tends to do so once we have entered the parabolic phase of the bull market. If we do we will simultaneously validated both the breakout from this bull flag and mostly likely validate the breakout from the more macro timeframe Cup and handle pattern as well. I will link the chart I posted a few days ago showing the full cup and handle pattern down below. We’ve already seen a slight bit of a precursor already in the market but once the cup and handle validates its breakout, it is officially alt season. *not financial advice*
CRYPTOCAP:TOTAL2
by DrDovetail
TOTAL cryptocap chart about to complete the handle on its c&h We can see price action is breaking up fro a bullflag that has a target of 3.33 trillion. In doing so we should also validate the breakout of the cup and handle pattern which will give ita breakout target around 4.6 trillion or so. Price action is currently very close to retesting the green rimline of the cup and handle pattern and completing the handle. If we were to look at the daily, this pupcoincided precisely with the daily chart’s recent golden cross(not shown here) *not financial advice*
CRYPTOCAP:TOTAL
by DrDovetail