Death cross in the 4h ?

10 Sep 2019

The 50 EMA (Yellow) is almost in the direction for a potential death cross of the 200 EMA (Blu), though we ranging in a "non trade zone". Last time that such an event occurred, we had a drop BTC to the bottom line of the descending triangle, around the price of 93]00-9400.

Will this be the outcome of the bearish channel we are currently looking at?

10 Sep 2019

Trade aktif

The 4 hour 50 EMA death crossed the 200 EMA, giving us now a bearish signal and an entry for a short. Eyeing the bottom of the triangle which developed during the past weeks, lets see if we can reach it and break it, thought I see a lot of resistance at the bottom, by the bottom line plus the daily 128 EMA waiting us on the lower ranges around 9450-9300.