More of a FUD post, but will be interesting to see what happens when we get the dreaded Death Cross which at this stage is inevitable.
You can see the slope of the 50 day was similar on the previous cross which led to a 20% drop followed by a bounce and then a slow capitulation before rallying again.
Will the pattern repeat?
Do you have stops in - or just going to close your eyes and come back in a month :)
Decisions decisions...
Here was my last BTC Death Cross post.
Press play to see what happened ;)
You can see the slope of the 50 day was similar on the previous cross which led to a 20% drop followed by a bounce and then a slow capitulation before rallying again.
Will the pattern repeat?
Do you have stops in - or just going to close your eyes and come back in a month :)
Decisions decisions...
Here was my last BTC Death Cross post.
Press play to see what happened ;)
Note
Got an expected bounce off that longer term support area, but will it stick :)Note
Might be Uh Oh time. Be interesting to see if the market reacts.Note
And there we go. Played out pretty much as expected with a couple of days lag. 20% drop, same as last time and as predicted in the original post. Hope you weren't caught holding.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
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.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
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.