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Anpu
Jan 21, 2020 10:47 AM

BTCUSD | Ichimoku Supports the BTC Long

Bitcoin / United States DollarCoinbase

Description

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Initiate Short.

Entry - 8800.00
TP1 - 9447.00
TP2 - 9846.22
TP3 - 10404.42 (extreme target)
SL - 8581.73 (covers the Ichi Cloud)

Reason: Ichimoku Cloud supports the price and if it continues working and the price will go to 8.800, this will be a good sign. High volume node in supposed accumulation zone serves as a good sign. Also higher high and ascending trianle on RSI.

-If the Ichi Cloud support is broken be ready for short.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
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