That's 3 in a row on the 1HR chart.
REALLY IMPORTANT price targets coming up here. With the bottom of the red Ichimoku cloud, and 200 MA working as resistance right now.
We were using the 58K as support for a while pair that with breaking below the 200 day MA, Ichi could... bad news BEARS.
Will need to see some heavy bull volume to regain 58K as support and break through the Ichimoku cloud resistance.
If not, I'm expecting another leg down to the 4HR Ichimoku cloud support. Hoping it's just price suppression before another ATH!
J.Crypto
REALLY IMPORTANT price targets coming up here. With the bottom of the red Ichimoku cloud, and 200 MA working as resistance right now.
We were using the 58K as support for a while pair that with breaking below the 200 day MA, Ichi could... bad news BEARS.
Will need to see some heavy bull volume to regain 58K as support and break through the Ichimoku cloud resistance.
If not, I'm expecting another leg down to the 4HR Ichimoku cloud support. Hoping it's just price suppression before another ATH!
J.Crypto