Technical analysis of the most popular cryptos
23.03.2018, 12:34

Technical analysis of the most popular cryptos


On the 4H time frame, BTCUSD moves down, in accordance with the Ichimoku system. The price may probably head below and out of the cloud, having the potential to break the Tekan Sen and Kijun Sen lines. In case the Chikou span goes below the price too, we could probably look for a potential bear signal.


Based on the Ichimoku system, it could be noticed that the price appears to be below and out of the cloud. Moreover, the cloud is aggressively down. All the lines seem to be in bear formation, except for the Chikou span which is in the price. In case the Chikou span heads below the price, we might consider finding developing bear signals.


Based on the Ichimoku system, it could be perceived that we have the same bearish picture. That is to say, in case the price heads below and out of the cloud, the Kijun Sen and Tekan Sen may be in a bearish formation, and if the Chikou Span finds it way below the price, we might consider looking for developing bear signals.

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