BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Just looking at the 4 hour ichimoku cloud , where we are now seems eerily similar to where we were back on the 20th July after the huge dump to $1850 odd (indicated by 2 white circles). We'd just broken out the 4 hour cloud and what followed was a $700 green daily candle. Could history repeat itself? A short squeeze doesn't seem out of the question.
Interesting view!
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Mind explaining why use 20/60/120/30 for Ichimoku settings?
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