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:
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.