nivishoes

Bitcoin [BTC] Shooting Star and a Death Cross on 4-Hour

Short
BITSTAMP:BTCUSD   Bitcoin
Now that's something.
The market is largely bullish after the massive break-out on25th October. But TA suggests otherwise.
After what Sawcruteez suggested was a death cross between 200-EMA and 50-EMA. We now see a shooting star on it as well. The wick of the candle found resistance at the death cross and is now trading at $8620.

Stop loss at $8800,
Trend: Bearish.

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