Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Good day guys,
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up). On a overview of the TD and CME open:
M 2 UNDER 1 31 D PRICE FLIP - green 1 W 7 ON 9 COUNT 3D 9 BUY 2D 9 BUY 18 H 9 BUY 12 H 9 BUY 8H 7 ON 9 COUNT 4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY 2H 6 ON 9 COUNT 1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1 15 MIN NEUTRAL CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di