BTC entered the Kumo Cloud

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

as you can see on the chart, BTC entered the Kumo Cloud. Although MacD had a bullish Crossover and shows an uptrend, We know the Kumo Cloud Zone as an area where trading should not take place. Bitcoin may create a local top, but you have to be patient until the bitcoin exits the cloud and the swing area to decide about the trade.

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