Hi, This is INVEST_CRYPTO_KONGKONG. today, we're gonna look over BITCOIN Chart with ICHIMOKU CLOUD!! ichimoku cloud help you see overall trend at a glance.
we're gonna see charts from 1d chart to 30m chart in a row.
we're gonna see charts from 1d chart to 30m chart in a row.
Note
*1day
Candles are under the cloud. it means down trend in a recent days. conversion-line plays a role as a support-line(7.6K) identical to upper trend line.
base-line(8K) and lead2(bottom of cloud, 8.2K) plays a role as a resistance-line, on the other hand.
as you can see, legging-span is influenced by bottom of cloud very much, so we could expect movement of legging-span
like green arrows
Note
*4Hour
expectation of short-term movement by using resistance/spport of legging-span among ichimoku lines around
(price tend to make sudden-change near the cross of lead1 and lead2)
Note
*30m
price is in the cloud with support of bottom of cloud. the yellow box is resistance-box made from previous resistance lines, so 7.7K would be a
strong resistanace for a while. to make strong upper-trends, price must breakout from this box
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.