Multi timeframe analysis: S&P Kiss of Death leads to BTC crash?
Updated
S&P500 is forming the so called Kiss of death that is a strongly bearish signal. We saw that in the last years BTC and the major american indexes showed some correlation.
Bitcoin is approaching a really strong resistance area and in my opinion it will be bounced back and in this video I will show the Short position I will be taking with a 2.6 R/R.
Enjoy the view and let me know what you think.
Comment&share here your visions and ideas. Leave a like to support my work.
Bitcoin is approaching a really strong resistance area and in my opinion it will be bounced back and in this video I will show the Short position I will be taking with a 2.6 R/R.
Enjoy the view and let me know what you think.
Comment&share here your visions and ideas. Leave a like to support my work.
Trade active
Sto not yet touched and enlarged a little bit. We are growing with no consisten volumes. I may expect a violent retracement. Trade carefully and pay particular attention
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