Bitcoin

Key levels to watch on daily timeframe

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Here are the key levels to watch for Bitcoin / USD on the daily timeframe.

The price of bitcoin is still over the kumo cloud.

The Lagging Span is actually encountering a green candle.

Downtrend scenario :
If the Lagging Span crosses the price and gets under it then that would be a first confirmation of a down trend.
In that case it would have to cross the blue Tenkan Sen and the red Kijun Sen to have a second confirmation of a down trend.

Back to uptrend scenario :
If the Lagging Span keeps being over the price.
And the price does not get into the Kumo cloud.

Pernyataan Penyangkalan

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