alexcrypto

$BTCUSD - Cloud negation, last time it took us up 237%!

BITFINEX:BTCUSD   Bitcoin / Dolar
On the 6H chart we have a TK             bear cross negation, last time it happened we rallied to + 237% to 20,000
snapshot


A recovery to 20,000+ could happen soon or a further slide down to 11,000 dollars is possible (see my related long term idea below).
We have hit support in the cloud.

Indicators are all in oversold territory and MACD still bear a downside momentum so be careful.

Trade Safe.
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