Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The 4 h topped on the daily 200 MA, it was a 4h 9 TD sell, which in the end printed a RED 1 TD price flip, if we go on as this without a reversal, we could face a countdown to TD 9 buy on the 4h.
The 4h EMA are still bearish and the short EMA just flirted with the 50 EMA (yellow), I still don't see a reversal and also the volume keeps declining. We are stuck in an EQ and we still have time to go on, be careful.