Ví dụ về việc sử dụng Death cross trong Tiếng anh và bản dịch của chúng sang Tiếng việt
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Why Bitcoin's death cross may become a bear trap.
As the price of bitcoin falls,the chance of the much talked about“death cross” happening grows.
Bitcoin's pending“death cross” has left investors worried and confused.
On July 24th of last year, the 50-day moving average closed below the 100-day moving average,creating a death cross.
Therefore, the latest death cross could end up bolstering the already bearish setup.
Mọi người cũng dịch
Despite its apparent predictive power inforecasting prior large bear markets, death crosses also do regularly produce false signals.
Meanwhile, the death cross seen in mid-September 2015 was a big failure.
Some users noticed that Bitcoin had passed the so-called“death crosses” three times before the recent price drop.
Before the death cross had taken place, price fell to and found support near $6,000 in February.
Technical analysis theory considers the death cross as an advance warning of a major sell-off.
In fact, the death cross has worked as a contrary indicator in the past, as seen in the chart below.
The following is a historical example of two death crosses that occurred for Facebook Inc.(FB) stock in 2018.
The moving averages act as support levels on pullbacks,until they crossover back down at which point a death cross may form.
That is the first“death cross” or a long-term bearish crossover since April 2018.
An oversold RSI indicates the sell-off is overdone and potential for a corrective bounce,which happened after the confirmation of the death cross.
There have been many times when a death cross appeared, such as in the summer of 2016, when it proved to be a false.”.
That contributed to obligatory public freakouts, although Reddit users kept their cool,even when the“death cross” actually happened on March 30.
Bitcoin risks entering a technical"death cross" soon, but the bearish signal will likely not be as severe as has been made out in reports….
If the 50 day EMA crosses below the 200 day EMA which is very likely if the price falls below current levels, we are going to see Litecoin(LTC)form a death cross which could very quickly bring the price down towards the bottom of this channel.
Moreover, the price of Bitcoin after the death cross on April 07, 2014, fell from $446 to $168, which was approximately 62% decrease in price.
The death cross is a signal that short-term momentum in a stock or stock index is slowing, but the death cross is not always a reliable indicator that a bull market is about to end.
A move to $7,240(recent low) will likely confirm the death cross and may yield further drop towards $6,600.
BTC/USD witnessed a death cross between the 100- and 200-day moving averages on April 16, confirming the end of its most recent bull market.
XRP fell from a record high of $3.30 to $0.45 in three months to April 1, 2018, and the 50-and 200-day MAs produced charted the death cross on April 9 following which XRP picked up a bid and rose to a high of $0.96 by April 24.
In contrast, a bearish crossover(or death cross) happens when a short-term MA crosses below a long-term moving average, which indicates the beginning of a downtrend.
December gold underperformed this week following the“death cross” technical signal that has been widely discussed by analysts.
Much has been written about the dreaded“death cross” on Bitcoin, when the 50-day moving average will cross below the 200-day moving average.
BTC bottomed out at $340(April 11, 2014) immediately after death crosses were confirmed(see hand icons on chart) and had rallied to $680 by June 2014.
As seen in the Facebook example above, the first death cross produced a false signal, and a trader placing a short at that time would be in some near-term trouble.
Some strategists are saying that the death cross could yield a big sell-off in BTC, possibly to as low as $2,800, a level last seen in September 2017.