Bitcoin 4H Death Cross of Doom - Re-test 9300 First?

28 Feb 2020

We just had a 4H Death Cross of the green 55EMA and the purple 200EMA. Previously, this has lead to declines of 14% on the low end and thousands of dollars on the high end. In prior examples, price action typically rallies up to around the 4H 55EMA, 4H 200EMA, and/or Daily 21EMA area. This long is a long for price re-testing the 4H Death Cross.

Have a great day and please give a thumbs up if you found value in the post.

Buy: 8612-8638
Sell: 8796, 8949, 9281
Stop: 8425.5

2 Mar 2020

Catatan

Target #1 - HIT (2.13%)
Target #2 - HIT (3.9%)

3 Mar 2020

Catatan

Yesterday, we came up to test the green 4H 55EMA, just as we have in the past.

5 Mar 2020

Catatan

Albeit the first attempt failed, the second attempt (Entry March, 1st 22:00) has hit 2/3 targets thus far. This type of trade setup is active every time price comes above the support/resistance boxes.

Let's get this crypto!