With this 3D TF, RSI shows us a downtrend. The Ichimoku Cloud is too bold for BTC to step above it, and the MA200 challenges the BTC price as solid resistance is too high. In this case, the MA200 must come close to the blue line enough for the price to increase, then the lines cross up again.
To summarize, RSI is in a downtrend. The cloud is too thick, and between the two lines should have a smaller gap for the price to go up again.
Remark: These will be void if the price increases strongly from here to the yellow line.
BTCUSD
To summarize, RSI is in a downtrend. The cloud is too thick, and between the two lines should have a smaller gap for the price to go up again.
Remark: These will be void if the price increases strongly from here to the yellow line.
Nota
This is nice to see the price action of BTC trying to reach that MA200, which tightened the Ichimoku cloud. If it gets back to around 25k would be outstanding, but let's see.P.S. I am considering this long-term TA.
Nota
Interestingly, if BTC closes below $24k, it may decline further.Nota
I'll provide more updates later, but the bear seems to be gaining confidence at the moment.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.