According to the ICHIMOKU cloud BTC is still bullish and to confirm ichimoku cloud theory, i have added RSI, that is also BULLISH. Please hit "LIKE" to support, Thanks!
Signals:
1. Prices above the cloud are considered Bullish trend
2. SenkuSpan A above SenkuSpan B considered Bullish trend
3. Lagging Span also on up move Bullish
4. RSI confirmed ICHIMOKU prediction. Also Bullish.
5. its BTC 4th attempt to cross the resistance. Finger Crossed
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com...i/ichimoku-cloud.asp
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Signals:
1. Prices above the cloud are considered Bullish trend
2. SenkuSpan A above SenkuSpan B considered Bullish trend
3. Lagging Span also on up move Bullish
4. RSI confirmed ICHIMOKU prediction. Also Bullish.
5. its BTC 4th attempt to cross the resistance. Finger Crossed
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com...i/ichimoku-cloud.asp
Follow us: Investopedia on Facebook
Trade active:
Need more push.. touched the resistance .. need bulls to hop on..
Comment:
I don't know how to add screenshot here but i found a bearish diversion on RSI - Higher highs in 4 hour chart..
Trade closed: target reached:
sold at $11600.. trade closed