Bitcoin Daily Chart - Ichimoku Cloud

in #bitcoin6 years ago

https://www.tradingview.com/x/b4QAz8El/

Ichimoku cloud on the daily chart indicates resistance. The price crossed the ichimoku cloud several times since January, but fell back below it each time. If we don't see a bullish breakout this month, the bearish trend may continue or even gain momentum in November.


Disclaimer: I am not a financial advisor. The crypto market is very volatile, make your own conclusions and invest at your own risk.