Bitcoin Edge to Edge
Updated
Bitcoin has closed within the 8 hour Ichimoku Cloud and could be looking at an edge to edge move inside of the cloud.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
Comment
The DI+ (blue) has crossed the DI- (orange) on the Directional Movement Index which also suggests a bullish continuation Comment
Tenkan and Cloud now pointing upwards on the 4 hour chart now that Senkou Span A (green) has crossed over Senkou Span B (red) Comment
Looks like a successful breakout and retest of the triangle pattern Comment
Buying pressure is passing 30 on the indicator/oscillator which shows that bulls are in control and we could have a significant rise in price Disclaimer
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