BTCUSD after the major fall of November 2017 is trying to recover with some minor reversals.
For the past 5 months is in a range but if we notice here based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bullish formation.
The chikou span is above the price meaning that the small uptrend it formed there may continue.
But before we start looking for any potential bullish signals we need to have a cloud looking bullish and all the lines must be out of the cloud.
© 2000-2021. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at email@example.com.