Xrp are very bullish on ichimoku
Updated
Chart in 4H penetrate the base side of cloud which is a sign of bearish if you use at same time MACD indicator.
The top line of this cloud can be a hard resistance and great target.
Changing chart time to 1D we can see an amazing sign(well known for ichimoku users) as an entry position. When the MACD fast line crosses slow line, bottom to top(only when) and our candles are below the cloud. As the same way, a selling position is when candles are above, our sign is when fast line crosses slow top to bottom.
We can use the base line of cloud on 1D chart as a strongest resistance since jan/10/2018
The top line of this cloud can be a hard resistance and great target.
Changing chart time to 1D we can see an amazing sign(well known for ichimoku users) as an entry position. When the MACD fast line crosses slow line, bottom to top(only when) and our candles are below the cloud. As the same way, a selling position is when candles are above, our sign is when fast line crosses slow top to bottom.
We can use the base line of cloud on 1D chart as a strongest resistance since jan/10/2018
Note
As we follow, top line of the cloud pull back the price on our last candle, but not too much.Chart at 4H are very bullish, almost breaking the top line, MACD amazing and volume are very high. We shall watch a upside moviment for a time.
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