BTC1! BTC CME - 12hr Death Cross

BTC CME Death Cross (50/200ema)

BTCUSD Death Cross occurred 21 May 2021 with a substantial reactionary drop of roughly 26%

Always be prepared for the bear case - it creates opportunity!

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Good luck, happy trading and stay chill,
2degreez

註釋

thanks Permabaer, my gaps in original are off. need sleep or coffee or both...and the indicator

註釋

looks like a repeat of 2017-2018 top

註釋

got the bearish cross and the following dump. all eyes on the daily death cross now. 1078usd separation at time of posting white=50ema/black 200ema)

註釋

dont sleep on 2day charts. 2day 20ema resistance coinbase 34325 and dropping atm

also watching with a little interest the above bearish crossover 50/100ema (white.blue) and watching daily bear cross 100/200ema
if these gains hodl untils sundays fututres open i am looking to short to fill the gap from fridays close

interesting level on bitfinex as well. at a 618fib at 34.2 but also at a key level in covid low uptrend.

zoom out

parallel uptrend channel from pre covid high to covid low - to current ath mid line
-zoom out

line in the sand possibly? lose this level and head for the bottom of this channel. (example cme gap fill 23975) -already lost mid long term uptrend going back to 2014

btc.d inches closer for the move out of the flag