BTC dropped today below the 21 weekly ema just like in July 2015. The similarities are uncanny, after a bear run, price pops over the 21 weekly ema, then drops below it and after which it was a bull run to ATH. Ichimoku cloud is also very similarly structured.
I modeled the price path in relation to the ichimoku cloud, proportional fibs and timing.
I mentioned this idea previously below.
I modeled the price path in relation to the ichimoku cloud, proportional fibs and timing.
I mentioned this idea previously below.
Note
Note
dropped below cloud
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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.