Decisive weekend for BTCUSD
Span B of the Ichimoku cloud (red line) tested yesterday but succesfully contained the downward movement. It is still holding at the moment providing nice support around 49600 with price action struggling to go below it. today and tomorrow will be key in determining the direction of btc in the short to mid term.
Related publications
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.