bubbleb0y

BTC Rolling Over

Short
BITSTAMP:BTCUSD   Bitcoin
Trying something different and looking at price using Ichimoku cloud - on the daily chart, it seems like we have a lot of empty space between here and cloud support, and price has just broken below both moving averages. I'm bearish in the short term and anticipate a test of cloud support over the next week or so.

Would go short here and trade until cloud support at around 1050-1080
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.