JamieHolmes
Short

BTCUSD imminent breakout

BITSTAMP:BTCUSD   Bitcoin / Dollar
369 1 4
The upward trend-line starts from the beginning of the Ichimoku cloud turning green from sub-$450 up until now.

The Ichimoku cloud however has now turned red giving the first indication of bearish momentum and the start of a downward trend.

The downward trend-line, if respected, should provide a good selling opportunity at present. This will be further confirmed if there is an hourly close below the fractal support at $573.00. Then we should see a break of this upward trend-line and a correction towards $530.

I'll show you a cloud that tells the opposite
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