akd

BTCUSD is above the ichimoku cloud on the weekly !

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BITSTAMP:BTCUSD   Bitcoin
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!

Commentaire:
zoomed in:

Commentaire:
Very similar on the CRYPTOPCAP:TOTAL chart WEEKLY:

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