Let’s look at the market BTCUSDT 1.55% use Ichimoku for analysis. The price has reached the zone of resistance formed by the downtrend line and the line Senkou A. We received a price reversal from this zone. The market moved lower and found support at Kijun line. Now the current levels can be used for the development of further upward movement. Because timeframes look bullish, we should expect that the price will break through the resistance area and move above the cloud. This will give us the signal of trend reversal and new shopping opportunities. But to get the buy signals it is better to wait for the breakout of the resistance level of 8000.00.

Alternatively, the price breaks the uptrend line and the support level 7300.00 . After that we should be prepared for the fact that they will fall to the support level of 7000.00, and if the price breaks through it, too, a further fall to the level of 6500.00.

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