Death Cross a Symmetrical analogy from the previous appearance
The Death Cross just appear today, It's a cross from the 50 and 200 MA and the last two had declined 25% and 15% respectively
Expect a double bottom at the 0.786 Fibonacci level around $35.5K or at least -13% decline in the BTC price. A possible fake out pump up to $46K could happen. Sell Short @ 43K to 46K / Buy Long @ 35K to 37K
Please note the green candles as a symmetrical projection continuation pattern from the last death cross
Expect a double bottom at the 0.786 Fibonacci level around $35.5K or at least -13% decline in the BTC price. A possible fake out pump up to $46K could happen. Sell Short @ 43K to 46K / Buy Long @ 35K to 37K
Please note the green candles as a symmetrical projection continuation pattern from the last death cross
