cryptochemistry

Daily Ichimoku Support In-Play For Bitcoin

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The standard ichimoku cloud's kijun line (referred to as Base line in the indicator settings) is the mid-point of the high and low price over the last 26 periods.

I use Carpenoctom's modified ichimoku cloud inputs for cryptocurrencies since it is a 24/7 traded asset. The kijun shown here uses 60 periods instead of 26.

Carpenoctom has created a video series highlighting the ichimoku cloud settings in crypto, and I plan to create an update to this series over the weekend.