Get started
UnknownUnicorn121770

BTCUSD Death cross and 100-MA resistance confirmation

Short
Bitcoin (BITFINEX:BTCUSD)  
UnknownUnicorn121770 Updated   
BITFINEX:BTCUSD   Bitcoin
Beyond Technical Analysis BTCUSD BTCUSDT
10
4
beyondta btcusd btcusdt
History says short the tops until the golden cross.

www.investopedia.com...rms/d/deathcross.asp
Comment:
If today closes with a somewhat full bodied candle, we have three white soldiers, which is a bullish reversal pattern. This might signal a back test towards the 100-DMA. If today doesn't manage to close as a full bodied candle, i think things will go more sideways for a while, before touching the 100-DMA.

snapshot

Related Ideas

UnknownUnicorn121770
BTCUSD Golden cross means btfd
UnknownUnicorn121770
BTCUSD Potential back test of 200 DMA?
UnknownUnicorn121770
BTCUSD Correction to 100 DMA?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.