Bitcoin H1: The Ichimoku Forecast for the European Session at 25.1.2025
25.01.2025 10:01
Teknikal
The main signal of the latest trading sessions is the intersection of the Tenkan and Kijun lines, marked on the chart with a pink square. This is a negative signal. It indicates a change in the upcoming trend to a downward one.
The second most important signal is a change in the direction of movement of the cloud Kumo. This signal is marked on the chart with a vertical purple line. The orange color of the cloud indicates a change in the priority direction of movement to upward.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is below the Tenkan and Kijun lines, indicating the prevalence of downward pressure.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
In addition, the price is above the Kumo cloud, which acts as a potential support zone.
Used by investors to identify a change in trend, the green Chikou line is above the price on the chart.
Trading recommendations:
Dynamic support levels are on the SenkouA line, at the level of the 104148.85, and the SenkouB line, around the 104025.25.
Dynamic resistance levels are on the Tenkan line, around the 104808.25 mark, and the Kijun line, around the 105632.20 mark.
The second most important signal is a change in the direction of movement of the cloud Kumo. This signal is marked on the chart with a vertical purple line. The orange color of the cloud indicates a change in the priority direction of movement to upward.
The current situation:
Let's look at the main components of the indicator and their current values:
The price is below the Tenkan and Kijun lines, indicating the prevalence of downward pressure.
The Kumo cloud is colored orange, indicating the market tendency to a continuing upward movement.
In addition, the price is above the Kumo cloud, which acts as a potential support zone.
Used by investors to identify a change in trend, the green Chikou line is above the price on the chart.
Trading recommendations:
Dynamic support levels are on the SenkouA line, at the level of the 104148.85, and the SenkouB line, around the 104025.25.
Dynamic resistance levels are on the Tenkan line, around the 104808.25 mark, and the Kijun line, around the 105632.20 mark.