The closing candle below the Kumo cloud gives us a sell signal for BTC and bearish bias. However, on higher timeframes like the D1 chart, BTC has also entered the Kumo cloud but is still within it (no downward breakout yet).
Trade closed: target reached
10362 $ achieved next update :
Bitcoin is still holding our 50 MA support on our daily candle (10,500$~) ; All eyes on next daily close
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.