BitcoinPanjang
BTCUSD Bitcoin Ichimoku
Daily chart - approaching oversold area Stochastic and Still downtrend area on RSI. We have dropped below 50DMA and slowly moving into another side of the cloud. According to daily chart the price should reverse sometime soon.
Weekly Chart - Ichimoku cloud looks very strong, and we are above 50DMA. However, Stochastic from overbought is curling down for correction also RSI how somewhat downward momentum as well.
Conclusion - Bitcoin might have farther longer correction which is most likely the scenario based on a weekly chart. Based on a daily chart we can see an upward movement over the weekend and perhaps farther correction.
I could be wrong.
Weekly Chart - Ichimoku cloud looks very strong, and we are above 50DMA. However, Stochastic from overbought is curling down for correction also RSI how somewhat downward momentum as well.
Conclusion - Bitcoin might have farther longer correction which is most likely the scenario based on a weekly chart. Based on a daily chart we can see an upward movement over the weekend and perhaps farther correction.
I could be wrong.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.