Moving averages and the Ichimoku cloud conversion line point to a possible reversal of the current downtrend.
The candles are already surfing the LTA and are heading to fight again against the LTB.
If the required volume is reached, LTB may be disrupted. The next big barrier is in the area of 8,800.00 USD.
The Ichimoku cloud will soon be below prices, which also indicates trend reversal.
Disclamer: Be sure to do your own market analysis.
The candles are already surfing the LTA and are heading to fight again against the LTB.
If the required volume is reached, LTB may be disrupted. The next big barrier is in the area of 8,800.00 USD.
The Ichimoku cloud will soon be below prices, which also indicates trend reversal.
Disclamer: Be sure to do your own market analysis.