BTCUSD is above the ichimoku cloud on the weekly !
BTCUSD: golden cross & above ichimoku cloud on the WEEKLY.
Both happened only a few times in the price history of Bitcoin.
(blue) Sometimes it marked the BEGINNING OF BULL MARKETS.
(purple) Sometimes it was misleading, but then it did not lasted long.
Note:
I guess (not sure) that EMA 200 days translates to EMA 29 weeks, and EMA 50 days to EMA 7 weeks. Is that a correct assumption?
Happy trading!
Both happened only a few times in the price history of Bitcoin.
(blue) Sometimes it marked the BEGINNING OF BULL MARKETS.
(purple) Sometimes it was misleading, but then it did not lasted long.
Note:
I guess (not sure) that EMA 200 days translates to EMA 29 weeks, and EMA 50 days to EMA 7 weeks. Is that a correct assumption?
Happy trading!
Note
zoomed in:Note
Very similar on the CRYPTOPCAP:TOTAL chart WEEKLY:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.