Bitcoin remains bullish trading above the 150EMA. However, looking at the H4 Time frame a pin bar was painted on Wed 22nd Nov suggesting a potential corrective move downward. Subsequently, we can see the bullish momentum loosing its thrust with a couple of indecision candles, adding confluence to our bearish corrective move.
Target TP 1 at the H4 demand zone
Target TP 1 at the H4 demand zone