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BTCUSD | Retracement

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BITSTAMP:BTCUSD   Bitcoin
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Price was supported by the Ichi Cloud + the Mid line of the Descending Channel. It should be a retracement to the higher boundary of the Descending Channel and possible to the Mid Line of the Ascending Channel.

Stop-loss can be placed under the Mid line of the Descending channel or under the Ichi Cloud zone, if it comes to actions.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.

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