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ShotGunJoe83

BTC/USD Daily Leading Span B Support ?

Long
Bitcoin (INDEX:BTCUSD)  
ShotGunJoe83 Updated   
INDEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Does the support on the leading span B of the ichimoku cloud we are seeing right now mean we saw our final dip before the continuation of this run?
Comment:
We saw a similar thing happening in the 2013 run :

after the initial cycle top , price went below the clouds for a couple of weeks before rising back above them and finding support on the leading span b during the correction. It tunred out to be the final dip before part 2 of that run started :

snapshot
Comment:
On top of that, on the weekly chart we are very close to a Tenkan crossing the Kijun to the upside while price is above the clouds :

snapshot
Comment:
So, as the Fear and Greed index now indicates a level 21 extreme fear modus, i'm still chilling to be honest ...

ZOOM OUT before you freak out !

Happy trading !
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