The bitcoin price has encountered a resistance of $9538
One can see that the actual daily japanese candlestick has encountered the price of $9538 that corresponds to a H4 kijun line.
The actual candlestick is testing the higher line of the weekly kumo cloud.
If the closing price is over the higher line of the weekly kumo cloud then that would be a first confirmation of the uptrend.
One should then keep an eye on the lagging span (chikou span) in order to trade.
The actual candlestick is testing the higher line of the weekly kumo cloud.
If the closing price is over the higher line of the weekly kumo cloud then that would be a first confirmation of the uptrend.
One should then keep an eye on the lagging span (chikou span) in order to trade.
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