Bitcoin Analyst Alerts of Looming ‘Bear Cross’ as Price Jumps Higher
Even as the bitcoin price jumps against favorable macro fundamentals, a chartist sees the cryptocurrency moving downwards in the coming sessions. The pseudonymous analyst pitched a highly bearish scenario for BTC/USD on Monday. He envisioned that the pair’s 50-day moving average would close below its 100-day moving average, leading to the formation of a so-called “Bear Cross” – also known as ‘Death Cross’ among financial pundits. Traders typically perceive Death Crosses as a sign of […]
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Don’t spend your days watching bitcoin charts trying to find the best time to buy or sell, just get alerts. Many people complain about the volatility of bitcoin, but a good bitcoin alert tool allows you to turn volatility into opportunity. Coindera is a new bitcoin alert platform that monitors 100+ cryptocurrencies. Users can create all types of alerts: volume alerts, price alerts, regular alerts and even moving averages such as the EMA & SMA so you can spot trends. Coindera recently launched at The North American Bitcoin Conference and I had the opportunity to speak with Adam Evers the....
Dogecoin (DOGE) holders have been put on alert by crypto analyst Ali Martinez (@ali_charts), who shared a chart on Monday highlighting a noteworthy technical setup. According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a “death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines. Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and DOGE’s 200-day MVRV Ratio MA (red line). He....
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