TradingView
drwasho
Feb 4, 2016 1:44 PM

Ichomoku Bear Signal Short

Bitcoin / U.S. dollarBitstamp

Description

There appears to be a momentum indicator when using the Ichimoku cloud indicator. When the candlestick price action pushes through the cloud, it is usually followed by reasonable momentum in the respective direction. If this holds true, then we may see the price test support levels around 320 or so.
Comments
drwasho
Lol
drwasho
Looks like the price retraced to the Senkou span, hit resistance and has resumed its downwards trajectory. We'll see if the long term is correct.
More