BTCUSD Bullish Reversal Setup

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BTCUSD Bullish Reversal SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDThe-CryptoSignalistTrendline Break The green descending line has been broken. That is usually the first sign of reversal or at least a temporary bullish correction. 2. Ichimoku Cloud Support You marked a support zone near the small green cloud. Price is: holding above support, trying to stay inside/above the cloud. In Ichimoku: Below cloud = bearish Inside cloud = transition/uncertainty Above cloud = bullish Currently it is in the transition phase. Bullish Scenario (My Blue Arrow) My projection suggests: Retest support Bounce from cloud/support area Push toward the upper resistance/target zone This setup becomes stronger if: BTC closes candles above the cloud, Tenkan-sen crosses above Kijun-sen, Volume increases on breakout. Potential outcome: Move toward previous swing highs Short squeeze possibility