jawpilot23

4 hour / level forming on ichimoku + bull div

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BITSTAMP:BTCUSD   Bitcoin
Kijun level has been forming and tested over the last two days. Senkou B line now also forming a level. Kijun level $15,500, Senkou $15,000. Likely to be a key area.

More consolidation expected short term before decision time. Bull div on RSI and potential double bottom pattern forming but no clear indicator either way that I can see. As noted in previous chart, seems likely we see a completion of the H&S retrace or break upwards to test resistance. Info above suggests 15k is the key area.
Komen:
Kijun being tested. Key level.
Komen:
Rejected trying to break through 16k. Price bounced off the tenkan around 14,5000. Ranging for now it seems.
Penafian

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