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Quasifomo
Apr 19, 2019 2:19 AM

$BTC Golden Cross - Daily Timeframe 

BITFINEX:BTCUSD1D
Bitcoin / DollarBitfinex

Description

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Upcoming BTC Golden Cross on the Daily Timeframe .

200MA
50MA

Never seen one of these play out. Just making notes about things I'm seeing for self development.

Price bounce between resistance and supports until reaching end of Triangle like shape.
Candles getting closer to SAR , incoming Trend Reversal?

BTC

Comment

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BITFINEX chart wasn't the best choice, price higher due to Tether.

Price recovered well after Tether news, resistance flipped into support.

Trade closed: target reached

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BTC has more then doubled since the Golden Cross.
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