Bitcoin H1: The Ichimoku Forecast for the Asian Session on 28.2.2025
The current situation
Let's carefully look at the current values of the main components of the Ichimoku indicator to assess the current state of the market:
The price is below the Tenkan and Kijun lines that did not manage to react to the change in the market situation.
Now the Kumo cloud is tinted lilac, which indicates a possible change in price dynamics in a negative direction.
In the current market profile, the price has fixed below the Kumo cloud. The boundaries of the cloud form a dynamic resistance zone for the price.
Used by investors to identify a change in trend, the green Chikou line is held below the price on the chart.
Trading recommendations:
The dynamic support level is on the Kijun line, around the 84640.15 mark.
Dynamic resistance levels are on the Tenkan line, around the 84704.00, the SenkouA line, at the 86322.17, and the SenkouB line, near the 89243.85.