BitcoinLong
BTC Daily Pin
Bitcoin broke through the short term downtrend line with cross of the 20 and 50 day MAs. After a pullback a pin has been posted on the daily chart piercing the 20 day MA and that same downtrend resistance-turned-support. I believe this could be support for a run toward $5000. I do not believe the long-term bear market will be reversed until BTC can break through $5000, where I suspect it will find heavy resistance.
On a further note BTC rose through the cloud around the same time the MAs crossed. I'm not so familiar with how ichimoku clouds function, but I do know a rise or fall through them can be used as buy/sell signals. If anyone would like to comment on this I would appreciate.
On a further note BTC rose through the cloud around the same time the MAs crossed. I'm not so familiar with how ichimoku clouds function, but I do know a rise or fall through them can be used as buy/sell signals. If anyone would like to comment on this I would appreciate.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.