BTC Daily Death Cross 15/50

Despite the current support level holding strong again, the recent daily 15/50 death cross on the 27th August presents a possible indication of where the current consolidation period will break. The previous death cross provided a 50%+ retrace

تعليق:

Well, it was a long time coming but the death cross from August 27th remained firm and finally that 9300 support level has broken.

At a 25% move down from the death cross, price touched 8k today but support here is going to be a tough task. Hold onto your hats.