Sunday, April 29, 2018

Bitcoin price is trying to get over the Ichimoku cloud

The Bitcoin price is trying to get over the Ichimoku cloud in daily timeframe. The lagging span line (chikou span line) is still under the kumo but if it gets over the kumo then that would be a confirmation of the uptrend in daily timeframe. For that confirmation to occur, a full japanese candlestick has to be over the Ichimoku Kumo and the lagging span line must be over it also.