Newbie - Ichimoku - BTC
BTC drop ~4-5% and everybody is fearing. But Why ? What I see with Ichimoku is a return on Tenkan Sen D1 and retest of a SSB extension support. Daily Doji on 18 January said it all : indecision of the market.
So now we must watch if Tenkan Sen keep price (Tenkan Sen is the weaker line of Ichimoku) or if price continue dropping maybe to Kijun Sen or at least to next SSB extension support (~8441$), where Chikou Span may bounce.
So now we must watch if Tenkan Sen keep price (Tenkan Sen is the weaker line of Ichimoku) or if price continue dropping maybe to Kijun Sen or at least to next SSB extension support (~8441$), where Chikou Span may bounce.
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.