Price Prediction For BTC USD Trading Pair using Moving Averages. This is the 1-Day Trending Chart for Investors. Here I am talking about "cyclic patterns", which means averages like to oscillate above and below each other at a frequency. To better see this, scroll back in time. 1) You''ll notice the MA 50 oscillates above, and then below the MA 200. 2) You'll notice the EMA 15 always oscillates above, and then below the MA 50. Having said...
In the short-term, the cyclic nature indictates the next cycle of the EMA 5 10 15 will cycle down and cross the MA 50. So, expect BTC price to drop in the short-term.
In the intermediate-term, the cyclic nature indicates the MA 50 will cross below the MA 200, and will be a Death Cross. It might take a while for this to happen, but it will be the next event. Bottom line, we're talking about Bitcoin prices much lower than what we're used to seeing.
Entry Points
1. On this chart, entry points are not distinguishable. Any time would've been a good time to enter. But now we have peaked. And the first two exit points have already past.
Exit Points
1. The best exit point would've been December 17, when it peaked. RSI was way overbought
2. The next best exit point is at any time! Try to get a good sell price, and Exit. Price has already crossed below the EMA 15.
3. The next Exit indicator will be when future EMA 15 crosses below the MA 50.
I know no one wants to hear this, and it seems almost unthinkable. But keep in mind, it will eventually cycle back to this upside as well. This is just the nature of the beast. Unless Bitcoin simply never has a Death Cross...could that be the case? I don’t really think so. Please let me know what you think!
In the short-term, the cyclic nature indictates the next cycle of the EMA 5 10 15 will cycle down and cross the MA 50. So, expect BTC price to drop in the short-term.
In the intermediate-term, the cyclic nature indicates the MA 50 will cross below the MA 200, and will be a Death Cross. It might take a while for this to happen, but it will be the next event. Bottom line, we're talking about Bitcoin prices much lower than what we're used to seeing.
Entry Points
1. On this chart, entry points are not distinguishable. Any time would've been a good time to enter. But now we have peaked. And the first two exit points have already past.
Exit Points
1. The best exit point would've been December 17, when it peaked. RSI was way overbought
2. The next best exit point is at any time! Try to get a good sell price, and Exit. Price has already crossed below the EMA 15.
3. The next Exit indicator will be when future EMA 15 crosses below the MA 50.
I know no one wants to hear this, and it seems almost unthinkable. But keep in mind, it will eventually cycle back to this upside as well. This is just the nature of the beast. Unless Bitcoin simply never has a Death Cross...could that be the case? I don’t really think so. Please let me know what you think!
評論:
To clarify, I am not saying that the MA 50 and 200 will cross any time soon, and we get a Death Cross. I'd be very surprised if that happened at this time. But the price will do one of two things: 1) it will bounce of the MA 50, or 2) it will briefly cross down through the MA 50, and then cycle back up through - meaning we'll see lower prices for a little while than we're used to, but then it will come back up