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sniperz
Apr 23, 2018 4:55 AM

BTC - Watch Closely - Kijun Test 

Bitcoin / United States DollarCoinbase

Description

BTC facing some resistance at Kijun Sen[brown line] or 9100$, also the bottom of kumo cloud
In the past, it has proven to be a strong resistance.
For the last two days price is testing it.
Indecision amongst traders for past 2 days - Pin bars formations
Kumo cloud is thick suggestive of heavy resistance ahead
RSI crossed 60 but now resting on it.
Slight hidden bearish divergence can be seen [orange arrows]
Support at 8200-8500

A clean break of Kijun Sen with good volume will be a good sign of upside movement
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