GJ UpdateCurrently creating a new support level. Slowly still pushing up to institution levels. Looking at market slowly recorrect it self to continue trend up.
Recorrection
[BTFD] BTC/USD - Possible Death Cross forming - 6th Nov 2017 BTCUSD possible death cross forming as traders take profit going into the new week.
Stochastics and MACD have shown bearish crosses forming also on the 4 hour timeframe and daily, adding to the momentum of a correction possibly being on the cards - in the range of a $7200 to a swing low of the $5800 range, a potential play ahead of the fork could bring high return if the bull run is to return and hit $10k numbers in early 2018.
Levels to watch:
200 SMA (to watch for dip buys): $6200 - $6400.
What is a Death Cross?
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