BTC inside the Kumo Cloud

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

Although Bitcoin has broken up the resistance level of the Swing pattern, it is still inside the Kumo cloud, below the Kumo cloud resistance and the Renko resistance level of $ 47,000. It is recommended not to trade until bitcoin exits from the Kumo cloud in the Ranko chart.

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