BTCUSD: Buckle Up, We're Going Down!

14 thg 3, 2018

As I mentioned few days ago, a death cross is approaching on BTCUSD Chart.
200-day Moving Average has been a strong support so far, but it's likely to be broken soon.
Since we saw a "double tops" formation lately, I expect BTC to fall to 7200$ at least. However, combined with Death Cross effect, we could go down further.

Note-1: This is not an investment advice, I'm just sharing my observations.
Note-2: English is not my primary language, so excuse my mistakes or simple explanations.

14 thg 3, 2018

Ghi chú

By the way, I always spare time for others thoughts on Trading View and Twitter, but DEATH CROSS seems to be ignored for many people. It's interesting...

14 thg 3, 2018

Ghi chú

Thank God I buckled up. I only kept LINK, since its TA gives hope to me, but it seems LINK will be affected by BTC's moves. Anyway, I'm HODLING :)