BTC is looking juicy and ripe for a really good Kumo breakout, the beginning of a new trend. We may see the price pullback over the next few days to get closer to equilibrium/Kijun-sen and then finally break out to the upside as it exits the cloud. Weekly looks good as well. There's the possibility of price riding the cloud as it moves up and the weekly is in...
Price is hitting daily resistance. I'm seeing major bearish divergence on the 4 hour and momentum is crossing to the downside on 1 hour. I'm going short here.
Trading the one hour time frame. We can see bearish momentum divergence also hitting resistance on the four hour chart and also over extended from equilibrium on the four hour as well. Great short opportunity. I went short a couple days and am currently holding over the weekend. I think there's still room to fall until about the bottom red line, this is...
