trader77974

Price has got under the Ichimoku cloud in 4-hour timeframe

Short
COINBASE:BTCEUR   Bitcoin / Euro
Price is actually testing a support of 7632€.

Uptrend scenario
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.

Downtrend scenario
If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku cloud then that would mean a first confirmation of the downtrend, at least on shorter timeframes.

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