cryptochemistry

ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!

Long
BINANCE:ZRXBTC   0x / Bitcoin
The ZRX/ BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move.

This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud.

Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.