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Bitcoin Analysis
In the daily time frame, we may see that the price below the cloud is the first Bearish clue we have.
Now, the price is above the Tekan Sen and Kijun Sen lines, which may be considered as a bullish clue.
What we want to see is the possibility the price to bounce on the cloud and break the Tekan Sen and Kijun Sen lines to the downside, so that to potentially have a bear signal.
If the price breaks the cloud to the upside, then probably the price will continue to the upside forming a new trend.
Have a look at the lower time frame to refine your entries.
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