jiamijiang

The BTC Dragon still high in the sky!

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jiamijiang Güncellendi   
BITSTAMP:BTCUSD   Bitcoin
haha ok so I just wanted to have a little fun here and refer back to a previous idea of mine earlier this week. I wrote about the Ichimoku clouds indicator and how this could be a powerful tool to use especially in a longer time frame. Particularly on the weekly chart where we can see the symmetrical triangle formation still above the Ichimoku Cloud supporting a bullish run with a PT of around 15k. That would be about a .5X return from current levels. Prices currently seem to have breached the bottom convergence line of the triangle but the Fib retracement 0.382 level is supporting prices around 9400/9500. And to reiterate, the 21 SMA is still above the 50 & 100 confirming bullish strength to the upside in the near future.
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looks like the fire shot at to the downside.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.