Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Tom Demark indicator is now a green 9 below 8. If we close this day like this, it will stop the possible down trend and we can expect up to 9 more days of up trend. Stoch RSI shows overbought, so this scenario is more likely.
Second scenario: If we close over 4427 we will have a green 9 above 8, which will be a clear short signal.