BITFINEX:BTCUSD   Bitcoin / Dollar
As you know ,When EMA 50 crosses above EMA 200 , it is called Golden Cross. But we have a little problem here. At 1 Day chart , it looks BTC 4.07% will give us a nice death cross. If EMA 50 crosses below EMA 200 , it is called Death Cross. So it is quite possible that BTC 4.07% could retest around 5800. If it brokes there , there is another support at 2900 by fib. Dont be generous for buying altcoins. We have not got the uptrend reversal so always be careful. I am not saying Death Cross will come and crush us but if we dont have good news from cryptoworld , thats seems it could happen. Always put some BTC 4.07% aside to buy BTFD (really cheap ones)
Trade ist aktiv: BTC could pull back from around 8600 or 9500. Uptrend has not started yet. Be careful.
Why do you tag random coins in your TA? This bothers me to no end. You search for a specific coin and your first 10 results are unrelated BS.
+1 Antworten
I really like your sentiments and sincerity and I agree with 5800 retest but not 2900.
+1 Antworten
bakguc cryptomaster1
@cryptomaster1, I hope downtrend will stop at 5800.
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