BTCUSD - Daily Trend Continuation

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Starting a new thread as the last one was getting long. See related ideas for bitcoin analysis since 7500.

Price has bounce out of Ehlers daily MA cloud which also corresponds to the 50% fib on the daily Ichimoku cloud . Price action is looking good and sentiment is bullish on BTC .
Comment: Ichimoku daily cloud for comparison:

Comment: Sentiment is still bullish as this appears to be another bounce off of the Kijun, or 50% fib.

Comment: Price ended up reversing direction and heading towards 8K. Watching this level price is bouncing off of the MAMA average, historically a great support area for BTC.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out