trader77974

ETH/USD price tries to get over the cloud in 1-hour timeframe

Long
BITFINEX:ETHUSD   Ethereum
The price is actually trying to get over the upper line of the ichimoku cloud.

The lagging span line (chikou span line) is still inside the ichimoku cloud. If it gets over the cloud in 1-hour timeframe (one full japanese candlestick over the cloud) then that would be a first confirmation of the uptrend, at least in one hour timeframe and for short term investors.



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.