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UnknownUnicorn121770

BTCUSD Death cross and 100-MA resistance confirmation

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Bitcoin (BITFINEX:BTCUSD)  
UnknownUnicorn121770 Aggiornato   
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
Commento:
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

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