Chefrusty

2 DAY DEATH CROSS SCENARIO

Chefrusty Updated   
BITSTAMP:BTCUSD   Bitcoin
Breakout occurred as thought...Now to the 2day 55EMA possibly spike to the 2day 200 EMA, fall back to the 21 EMA and further to a 50% decline to $4500-4800...Target of the rising channel.. Looking for a downward move at about $7800-8000...Back test the 2 previous 2 day death crosses, this is only the 3rd on record 55EMA Crossing down over below the 200EMA
Comment:
Have the 3day 21EMA to cross right now too
Comment:
then the 3 day 200EMA

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