The price of Bitcoin has been struggling to find it's feet off late. Currently it's breaking out the bottom of the Cloud at the 15M to the 1H Charts.
The signal is a clear sell there. The price is below the T and the K, the lagging span is clear of the prices and the lines.
But at the 1H, the signal is a bit more obscure.
The price in the 1H chart is attempting to break out of the cloud, but the flat kijun-sen will probably pull it towards itself. The lagging span too is heading towards resistance , being the price and the tenkan- sen.
So what does this all tell us about the over all trend. For that, we look at the 9H chart.
A nice up run is in progress with a pull back of the price towards the fat kijun-sen. Nothing to worry about just yet, though while calculating your probabilities, keep in mind that the kijun is at 6644.
