It has been a while since I've posted an update on my ideas regarding Bitcoin. During this time I've been waiting and letting time pass like I've mentioned in my previous idea. Check and click on update idea at 
Now, looks like it has the structure to start building up some momentum and to try to test out that weak resistance zone. Regarding Ichimoku clouds, and what usually happens like a pattern is a typical bullish move to try to cross above the cloud. If that happens, then that will make a Kumo Twist on the daily clouds, turning them from red to green. This would mean that the market is shifting from bearish to bullish and would be the fundamentals for the next big push that eventually will surpass the last ATH.
Now, looks like it has the structure to start building up some momentum and to try to test out that weak resistance zone. Regarding Ichimoku clouds, and what usually happens like a pattern is a typical bullish move to try to cross above the cloud. If that happens, then that will make a Kumo Twist on the daily clouds, turning them from red to green. This would mean that the market is shifting from bearish to bullish and would be the fundamentals for the next big push that eventually will surpass the last ATH.
Note
Here's the image of the updated timeframe:Note
twitter.com/BrunoPro79/status/10041653068336046094H chart for #bitcoin - Price will surf the bottom of ichimoku cloud for a bit then it will make an edge to edge and closing above cloud. - #SOON
-> chart:
Note
Update on the daily chart. Added more info regarding what I think may happen if this idea turns out to be right: Note
(chart above is 4h sorry...)the chart below is the daily one:
Note
I continue to stand on my beliefs regarding #bitcoin even after yesterdays dip. #SOON
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.