ChArtWorks_TechnicalArts

Bitcoin Death Cross has Arrived

COINBASE:BTCUSD   Bitcoin
BItcoin Death Cross has taken place. Will we see follow through price action to the downside in result of it? Their are no technical indicators or reason to be taking a position long or short this very moment. You are in the makes of creating Daily Bullish Divergence, but you have no sign of rounding out oscillators as of right now. You've been holding this support line very well since we have dumped, but it is extremely surprising that we have not retraced whatsoever yet. But keep in mind, the death cross has taken place as of today.

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