4h Chart:
Yesterday night the 9 Moving Average crossed the 20, 50 and 100 Moving Average.
This afternoon the 9MA just crossed above 200 MA, the last remaining MA. We want to see price breaking above the $40k - $41k resistance area.
Ichimoku on the 4h Chart all indicators are bullish:
- (1) Laggard line (yellow) just crossed price action
- (2) Price above green cloud and golden cross with the conversion and base lines
- (3) Stoch RSI in overbought territory
- (4) TMM Squeeze shows an ascending bull momentum
Ichimoku on the Daily Chart showing most bull indicators, except that price is still below the red cloud which could mean a pullback is still due to retest the 36,000 - 37,000 as support.
Other than that, all indicators (laggard line, golden cross on 9EMA with 21MA, Stock RSI, TTM Squeeze) are confirming the start of another bull trend.
Yesterday night the 9 Moving Average crossed the 20, 50 and 100 Moving Average.
This afternoon the 9MA just crossed above 200 MA, the last remaining MA. We want to see price breaking above the $40k - $41k resistance area.
Ichimoku on the 4h Chart all indicators are bullish:
- (1) Laggard line (yellow) just crossed price action
- (2) Price above green cloud and golden cross with the conversion and base lines
- (3) Stoch RSI in overbought territory
- (4) TMM Squeeze shows an ascending bull momentum
Ichimoku on the Daily Chart showing most bull indicators, except that price is still below the red cloud which could mean a pullback is still due to retest the 36,000 - 37,000 as support.
Other than that, all indicators (laggard line, golden cross on 9EMA with 21MA, Stock RSI, TTM Squeeze) are confirming the start of another bull trend.
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