sammantic

Latest ICHIMOKU Trend in BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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BTCUSD price action is still bearish . In fact a short term sell signal was triggered which could lead to a test of Bearwhale support at $300. In the meantime, I'm starting to get constructive and looking for a bottom in price and letting the indicators speak for me. If a few things that I point out here happen, it could be time to get long BTC . For now, the trend is still down

Comments

Good explanation of your analysis (and in the chart). Not too long and too short. I agree that we could get into a new buy area IF the price slowly increases the coming days or falls and quickly gets bought up.
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