Would you buy at this level if you’re not a trader and expect to hold for 3 years minimum?
drmolanai
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@FX_Professor hey thanks, what about the death cross everyone is talking about?
FX_Professor
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@drmolanai, Tell them that the death cross might Kill them.. :)) hehehe
A death cross occurs means that the 50-day moving average crosses below the 200-day moving average. It's a bearish sign but what ir really can do is to just scare people and make them go short (FUD) and then the price goes up and they get burned.. then they go to Buy again (FOMO) and it drops so it burns them again and so on...
anyways, as you see my chart is a map of what can happen next and which levels to watch out for. These levels give me (and you) increased chances of getting on a good trade. I hope it helps.