elbarry100

Kiss of Death at the Weekly Chart

Kort
INDEX:BTCUSD   Bitcoin
Here is my first idea published after years in tradingview.

There's a clearly "kiss of death" printed on the weekly chart at the 200 Simple Moving Average.

Also, remember that its the first time in the history of Bitcoin that it closed under that 200 sma (with the body of the candle).

I don't know (keeping in mind a lot of indicators which I use) if the bottom is in or not (and I doubt that 99,9% know it) but this is a very negative signal.

So for next days, maybe weeks, i'll remain shorting this market.

I'm listening for more ideas related.

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