Thursday, February 15, 2018

ETH/USD over the cloud in 4h-timeframe and in the cloud in daily timeframe

https://www.tradingview.com/chart/ETHUSD/4Aim7xNE-ETH-USD-over-the-cloud-in-4h-timeframe-and-in-the-cloud-in-daily/

ETH/USD price has got over the Ichimoku cloud in 4-hour timeframe. 

One has to wait for the Chikou Span Line (aka Lagging Span Line) to get over all the obstacles that are over it for now (Tenkan Sen Line, Kijun Sen Line, Kumo Cloud, Price itself). 

If the Chikou Span Line / Lagging Span Line gets free in daily timeframe then that would be a good confirmation of the up-trend.