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trader77974
Jun 3, 2018 11:36 AM

The price of Bitcoin (€) might get uptrend in daily timeframe Long

Bitcoin / EuroKraken

Description

Actually, the price of the Bitcoin (in Euro) is about to get over the 4-hour timeframe Ichimoku Cloud.

€6683 might be the first level (if crossed) that could be a confirmation of the uptrend. The Lagging Span Line (Chikou Span Line) should get completely over the Kumo Cloud in daily timeframe, that means that a full Japanese Candlestick should be over the Kumo Cloud (Open Price and Close Price) to have a confirmation of the uptrend and that would be a potential buy zone.
Comments
waitin405
daily or 4H?
trader77974
@waitin405, First confirmation should be in 4-hour timeframe, then the major Ichimoku lines should confirm also in daily timeframe.
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