notdao

BTC 12h ichimoku e2e

Short
notdao Updated   
BITFINEX:BTCUSD   Bitcoin
Price has fallen below 2h, 4h, 6h, etc and entered 12H cloud; expect end-to-end to bottom of cloud at ~$12600. This point is also 1d tenkan and 4d kijun and a strong bounce there would be decisively bullish.

1d kijun
4d tenkan
Should $12600 not hold, I'd look to revisit 4d kijun around $10.8k.


Trade closed: target reached:
$9 off, close enough.
Comment:
10.8k happened, too

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.