Tin.Foil

New Territory, Notice Red Ichimoku Wall

BTCE:BTCUSD   Bitcoin / U.S. Dollar
Interesting ichimoku cloud formation on Daily. We have never since 2012 entered into the side of the inverted cloud as we are very near to now. We will probably hit the brick wall tonight or tomorrow night. I'd say tonight. If tomorrow, we may kick the side of the wall and go vertical upward. Be ready for movement. We are entering new territory if we hit the red line on that cloud.

It's decision time.. do we break out of this long term downtrend with a vengence or do we drop and continue the slow downward sideways trend?
Also when TS/KS cross, blue line above red, we generally move upward. We're approaching crossing point and could move upward rapidly if we cross. However, we're flat on top, one downward movement from TS or KS always shows DOWNWARD movement. So the next day or two will be significant here.
snapshot
Reply
Side note: Weekly resistance cloud is strong, always pushing us down. We generally stay $30-50 below the bottom of that cloud, so if we happen to break it, it could be a break-out. Gonna need a lot of force for that to happen.
snapshot
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out