The Kiss of Death of Bitcoin
Kiss of Death is when weekly the price close below 31 EMA and pullback to 21 EMA and Trend become Bearish
The History of Kiss Of Death
2013-2017
2017-2019
If we see the chart when price pullback from 21 EMA & 31 EMA the Trend still bullish
and we price close below 34 EMA the trend become bearish
But after the market crash in May 2021, the price never back to hit 21EMA again,
the longer the price does not touch the EMA21 Weekly,
it becomes a big warning
leet see in this week
The History of Kiss Of Death
2013-2017
2017-2019
If we see the chart when price pullback from 21 EMA & 31 EMA the Trend still bullish
and we price close below 34 EMA the trend become bearish
But after the market crash in May 2021, the price never back to hit 21EMA again,
the longer the price does not touch the EMA21 Weekly,
it becomes a big warning
leet see in this week
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