[BTFD] BTC/USD - Possible Death Cross forming - 6th Nov 2017

BTCUSD possible death cross forming as traders take profit going into the new week.


Stochastics and MACD have shown bearish crosses forming also on the 4 hour timeframe and daily, adding to the momentum of a correction possibly being on the cards - in the range of a $7200 to a swing low of the $5800 range, a potential play ahead of the fork could bring high return if the bull run is to return and hit $10k numbers in early 2018.


Levels to watch:


200 SMA (to watch for dip buys): $6200 - $6400.

What is a Death Cross?

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Also published on Investing.com: tvc-invdn-com.akamai...5ac90428c521f2e2.png

Trade attivo:

Death cross formed, entry valid...

cryptotradersclub.sm...l-death-cross-formed

tvc-invdn-com.akamai...66abab6b6a2d357d.png

Good trades to you all!