Another Bearish Bitcoin Indicator: 200 EMA & MA Bearcross

2019年10月9日

A quick look at the projected 200 EMA & MA bear-cross on the Daily chart. From the March 16th 2018 bearcross at $8,273, the bullcross didn't occur until over a year later on April 4th 2019 at $4,911 after a 40% correction. The current gain in price since this 2019 bullcross has been 60%. Unless the price moves above $8500 within the coming days, the EMA & MA bear-cross is due to occur by the end of the week.

Many traders complain that due to Bitcoin's volatility the MA bull & bear crosses on longer timeframes are delayed indicators, while others prefer to utilize the EMA's (Exponential Moving Averages) for this reason. Here you see the value of trading the 200 EMA & MA bull & bear crosses. Note that following the 2018 bearcross the price first increased by 20% to the 200 Day MA, before signaling the longer-term downtrend.

If Bitcoin Repeats History?

Part 1: Descending Triangle Looking Similar To 2018

Part 2: Measuring The Move of the Descending Triangle Breakdown

Part 3: A repeat of 2014? Worst Case Scenario A $2,500 Low

Part 4: If Bitcoin Repeats History? Extrapolating 2012 Breakdown

Part 5: If 2017 Descending Triangle Repeats? Best Case Scenario

Part 6: If Bitcoin Repeats History? Monthly TD Sequential Red 1

2019年10月11日

注释

Bear cross confirmed for October 14th (3 days time) by MA & EMA forecasts.
The crossover price is currently estimated at $87

2019年10月11日

注释

... $8,710 (EMA) and $8,725 (MA).

2019年10月13日

注释

Part 8: Bitcoin's Full Moon Reversal 6 Month Pattern

2019年10月14日

注释

Bear-cross confirmed.

2019年10月21日

注释

Part 9: TD Sequential 9 Next Week To Decide Direction?

2019年10月27日

注释

Part 10: Extrapolating the 50 & 200 Day MA bear crosses

2019年11月25日

交易结束：到达止损

This indicator confirmed it's bias when price dropped to $7,500 after rejection from crossover, therefore closing this late.