BitcoinUpdated Bitcoin Ascending Triangle
As many have said the next two weeks are a critical period for Bitcoin.
Looking at the chart, we can see that ichimoku points to a bullish future with the cloud already angulating towards the upside.
The best part is Williams %R creeping its way to oversold territory, all the while as price/sentiment is maintaining strength.
Looking for a Kijun-bounce shakeout for a position add-on.
A close below Kijun warrants a full position close.
Ya'll have a great weekend.
-Belmont's Rival
Looking at the chart, we can see that ichimoku points to a bullish future with the cloud already angulating towards the upside.
The best part is Williams %R creeping its way to oversold territory, all the while as price/sentiment is maintaining strength.
Looking for a Kijun-bounce shakeout for a position add-on.
A close below Kijun warrants a full position close.
Ya'll have a great weekend.
-Belmont's Rival
Note
Please note that bullish Kumo future is still weak and developing. This implies weak support and a possible bear continuation.
A shakeout at the 3800 is expected at this point as the Kumo twist often yields a magnetic effect
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.