Bitcoin Possible Demand Zone: 29100 - 30800 Long if the indicator turns Green in 6th - 10th Ribbons or to breakout the Resistance Trend lines
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DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
I'm a little suspicious that it will touch the ground at 29 again.
The indicators are somehow not all pointing to the same thing... OVB is crescent, and BOLL is decrescent on some time lines and the worst is Ichimoku cloud between 1-12 hours is red...
So the Rainbow is also following the red cloud... let us see if we can see one green to start triggering the alerts for fighting on a resistance line....it is more risky to sell than to buy...
go8686
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@GodVault, I tend to believe it is going Bullish, just need more signals.
Great confirmation for trend continuation short trade.
I realy like your indicator ;)