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.
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.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.