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EOSBTC Emerging 1D Death Cross

The pair has been consolidating this past month around the 1D MA200 (orange trend-line) and below the 1D MA50 (blue trend-line). A Death Cross is close to forming on 1D (when the MA50 crosses below the MA200) and that is consistent with all price actions prior to such Crosses since the April 2018 market top.
Every 1D Death Cross has made a Lower Low within the 1.236 - 1.382 Fibonacci extension zone. Currently that is just above 0.00005. Do you think that is a realistic target?
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Every 1D Death Cross has made a Lower Low within the 1.236 - 1.382 Fibonacci extension zone. Currently that is just above 0.00005. Do you think that is a realistic target?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> CryptoCreatin
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。