$BTC is rebounding from the support trendline but is still trading below the horizontal resistance trendline.
The Ichimoku cloud is acting as a key resistance barrier above the current price action.
A solid breakout above the resistance trendline could trigger further upside, while rejection from this level could lead to another downward move.
The Ichimoku cloud is acting as a key resistance barrier above the current price action.
A solid breakout above the resistance trendline could trigger further upside, while rejection from this level could lead to another downward move.