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cryptoonchain
May 7, 2022 6:28 PM

BTC met All conditions for the continuation of the downtrend 

Bitcoin / TetherUSBinance

Description

1 minute ago
Renko_Ichimoku Analysis:
Bitcoin met all three conditions for the continuation of the downtrend in Ichimoku analysis:
1- the red Cloud
2- New red brick below the red Cloud
3- The lagging span below the red cloud

Weis wave Renko Volume:
The volume in the recent downtrend wave is greater than the uptrend waves in the range area.

It seems that we have to wait for the downtrend to continue. This support level of 34,000 $ should be broken down to confirm the downtrend

Comments
alikhash
damet garm 👍🏻
TamasNagy
Interesting analysis.
cryptoonchain
@TamasNagy, Thanks, dear friend!
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