BTCUSD price is still bullish but traders should be cautious
Right now is a time to stay bullish but be vigilant. The price is back in the cloud which is warning of a change of trend.
Price has held support and stayed in the cloud. Indicators like RSI point to staying bullish. Cloud Span A has crossed Cloud Span B in the cloud ahead which is a bullish sign as well.
The Standard Line(BLUE) has crossed through the cloud to the upside which should resolve price as bullish. Price is in a congestion zone and using caution right now is probably best as we wait to see which way price resolves itself.
Price has held support and stayed in the cloud. Indicators like RSI point to staying bullish. Cloud Span A has crossed Cloud Span B in the cloud ahead which is a bullish sign as well.
The Standard Line(BLUE) has crossed through the cloud to the upside which should resolve price as bullish. Price is in a congestion zone and using caution right now is probably best as we wait to see which way price resolves itself.
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