BTCUSDT chart
1D time frame
In the price action, after checking the upward wave of Bitcoin, the depth and distance of the bearish signal and the slope of the neutral signal, the last low has been broken, and the price has pulled back and dropped, and I have specified in the picture that if it breaks, the price of Bit for the medium term. It goes down
Currently, the price has hit the Cuomo span A and the trend line, which act as support...
But in Ichimoku, as I said, the price has hit a strong green cloud, which is acting as a support for now, the Tenken-Sen and Kijun-Sen crosses have not yet occurred, but I think it will happen that the low 26 candle will be our mid-term area...
The ascending waveform also shows the weakness of the wave
The signs of Kumo rotation can also be seen in the chart!
I think the market will fall and the target will be touched at 18580, my target span B has become flat, which is the same as the 78 Fibo area (we did not have Bermuda and Como floor is 16700).
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