BTCUSD likely to rise from here
BTUSD tested nicely the 200MA on the daily chart as a support, with prices trying to test again the seemingly strong resistance at 48k USD.
Ichimoku indicators are all currently bullish on the daily chart with the Chikou span free to move up north and both Kijun and Tenkan pointing upwards. The 50k area still constitutes a strong resistance area and thus I would wait the break of this level to enter a long position again.
Ichimoku indicators are all currently bullish on the daily chart with the Chikou span free to move up north and both Kijun and Tenkan pointing upwards. The 50k area still constitutes a strong resistance area and thus I would wait the break of this level to enter a long position again.
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