Bitcoin has closed within the 8 hour Ichimoku Cloud and could be looking at an edge to edge move inside of the cloud.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
Note
The DI+ (blue) has crossed the DI- (orange) on the Directional Movement Index which also suggests a bullish continuation Note
Tenkan and Cloud now pointing upwards on the 4 hour chart now that Senkou Span A (green) has crossed over Senkou Span B (red) Note
Looks like a successful breakout and retest of the triangle pattern Note
Buying pressure is passing 30 on the indicator/oscillator which shows that bulls are in control and we could have a significant rise in price 
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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.