if we use Gann Fan with Ichimoku here, we can see there could be a good reversal. Look at the yellow vertical line. There was a downtrend in June 5. we set the Highest price and Lowest price when the Kijun Sen breaks upwards, we will set a vertical line on the highest price 1/1 line and lowest price 1/1 when they break each other on the Kijun Sen break Line. Well,...
The kumo cloud is thin then we can see a strong trend
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there is a huge space around lagging span
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The base line has been flat for a few days
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The distance between price and base line is less...
1. The last candle has passed the Resistance Level
2. The candles are top of the Conversion Line
3. The RSI confirms the increment
4.The candles are not in the Cloud
5. The Leading Span A line has passed the Leading Span B line
As you can see in the chart in MA indicator, there must be a dead cross for bitcoin . in November bitcoin had a huge dead cross and i think bitcoin will have another dead cross due to the MA indicator statistics.
