BitcoinShort
Weekly 10 and 21 EMA death cross incoming
On a weekly timeframe we have already crossed the EMA's but on a 4 hour rolling basis as you can see we are very close to crossing. Historically this has meant a big drop. 4 hour trendline still in tact. Once we dump below the weekly 200 and use it as resistance we will dump to 20k liquidity. This will cause the death cross to occur and add fuel to the fire !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.