BTC Bitcoin outlook changed: bearish on a cloud chart basis.
BTC did not maintain support at the bottom end of the cloud, and out look is now bearish since price action is trading below the cloud.
Need to see BTC regain support at the bottom end cloud chart support zone to change the cloud chat outlook to bullish. Swing trade possible to the bottom end of the cloud for the more agressive trader.
Happy cloud chart trading.
Regards
Richard
BTC did not maintain support at the bottom end of the cloud, and out look is now bearish since price action is trading below the cloud.
Need to see BTC regain support at the bottom end cloud chart support zone to change the cloud chat outlook to bullish. Swing trade possible to the bottom end of the cloud for the more agressive trader.
Happy cloud chart trading.
Regards
Richard
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