The price has got under the cloud in the 4-hour timeframe, but a coming twist is visible on this same timaframe and could be the sign of a return to an uptrend price if this latter gets over the cloud again while uptrend at around this twist.
The price of $16.924 is still resisting (is a resistance).
The lagging span (and so the price) is actually testing this resistance.
There is still a high probability of having the price getting over this resistance.
That would confirm the uptrend in daily timeframe.
The price of the Silver is getting over the Ichimoku Cloud (Kumo) in Daily timeframe.
The Chikou Span Line is actually testing the Ichimoku Cloud in Daily timeframe.
For low-risk investors, wait for the Chikou Span Line being constant over the Cloud and buy.
Fow medium-risk investors, you can buy now with TP = 17.089
Actually, the price of the Bitcoin (in Euro) is about to get over the 4-hour timeframe Ichimoku Cloud.
€6683 might be the first level (if crossed) that could be a confirmation of the uptrend. The Lagging Span Line (Chikou Span Line) should get completely over the Kumo Cloud in daily timeframe, that means that a full Japanese Candlestick should be over the Kumo...
6944€ is a key level to watch. I think that if a full japanese candlestick is formed under 6944€ then that would mean a continuation of the downtrend at least until 6909€ and possibly until 6722€ (lower price on 18th of May 2018).
Keep an eye on the Lagging Span Line that is actually testing the price of 6944€ (as the price does).
And the chikou span line is still inside the kumo cloud.
Uptrend scenario :
If the chikou span line gets over the cloud then that would mean a confirmation of the short-term (at least) trend.
And the Bitcoin price (XBT/USD) might go up to $8523.
And the lagging span line (chikou span line) seems to get out of the ichimoku cloud.
If the lagging span line keeps out of the upper kumo then that would mean the confirmation of the uptrend until approximatively $11632 at least.
Consider the obstacles for the price in daily timeframe if you invest.
In 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free.
In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the...
The price is actually trying to get over the upper line of the ichimoku cloud.
The lagging span line (chikou span line) is still inside the ichimoku cloud. If it gets over the cloud in 1-hour timeframe (one full japanese candlestick over the cloud) then that would be a first confirmation of the uptrend, at least in one hour timeframe and for short term investors.
Price is actually testing a support of 7632€.
If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud.
If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku...