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Technical Analysis on BTCUSD
Based on the Ichimoku system, the price seems to move up, provided that it is taken into account that price appears above the cloud. The lines Tekan Sen and Kijun Sen, and the Chikou span seem to be above the price. As the cloud appears thick, we could consider waiting for the price to bounce on the Kijun Sen before start looking for bullish signals. Provided that the price moves below the lines, we could consider looking for bear opportunities potentially down to the cloud upper the Senkou Span line.
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