Bitcoin 4H Death Cross of Doom - Re-test 9300 First?
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
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
Note
Target #1 - HIT (2.13%)Target #2 - HIT (3.9%)
Note
Yesterday, we came up to test the green 4H 55EMA, just as we have in the past.Note
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!
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Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.