We just witnessed the 50-day SMA crossing below the 200-day SMA — a technical signal known as the Death Cross.
Historically, this pattern has been associated with:
Trend reversals from bullish to bearish
Extended downside pressure
A loss of investor confidence in the short-to-medium term
🧠 While not always followed by major crashes, the last time this pattern showed up in a similar setup was followed by an accelerated drop — and that’s exactly what we’ve seen again.
The real question now is: 👉 Was this a false signal or is more downside ahead?
🔍 Keep an eye on price action around the 5,400–5,500 zone. If it fails to recover, this death cross might just be the start of a deeper correction...
Historically, this pattern has been associated with:
Trend reversals from bullish to bearish
Extended downside pressure
A loss of investor confidence in the short-to-medium term
🧠 While not always followed by major crashes, the last time this pattern showed up in a similar setup was followed by an accelerated drop — and that’s exactly what we’ve seen again.
The real question now is: 👉 Was this a false signal or is more downside ahead?
🔍 Keep an eye on price action around the 5,400–5,500 zone. If it fails to recover, this death cross might just be the start of a deeper correction...
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.