Bitcoin
Short

RACEACEACE BTCUSD BITCOIN XBTUSD DUMP INCOMING BEARISH 4HR CROSS

198
On the 4 HOUR CHART, the TEMA 1000 (Red) is now crossing below the EMA 287 (WHITE). Also on the 4 hour, the price has been rejected, so far, by the EMA 287 (White).
The last time this cross happened on the 1 minute, the price dumped: (please pay attention to WHITE = EMA 287 and RED = TEMA 1000)

snapshot

If this cross were to play out on the 4 hour it would be nasty.

On the 15 minute, the nearest M.A support is the EMA 287 which is at around 7250.


1 hour chart supports labeled with purple horizontal rays:

snapshot

Reminder: 7232 IS A HEAVY CHOP ZONE.

I am currently in a short scalp trade.

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