Here are two options for shorting setups on a potential continuation downward (don't mind the shorts vs longs indicator as I mainly chart crypto). Be cautious of the bullish kumo twist on the 4 hour that follows this gartley. Cheers, Carbon
The Bitcoin death cross is almost inevitable at this point. Herein lies a projection for the exact date based on where the 200 MA (white line) and 50 MA (orange line) seem to be headed. This is a very bearish signal and could potentially trigger an prolonged bear market. However the last death cross on 9/14/2015 followed the $316 > $198.02 correction. After...