Bitcoin has closed within the 8 hour Ichimoku Cloud and could be looking at an edge to edge move inside of the cloud.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
The Tenkan (blue) has crossed over the Kijun (orange) which suggests a bullish continuation.
Nota
The DI+ (blue) has crossed the DI- (orange) on the Directional Movement Index which also suggests a bullish continuation Nota
Tenkan and Cloud now pointing upwards on the 4 hour chart now that Senkou Span A (green) has crossed over Senkou Span B (red) Nota
Looks like a successful breakout and retest of the triangle pattern Nota
Buying pressure is passing 30 on the indicator/oscillator which shows that bulls are in control and we could have a significant rise in price 
Penafian
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.
Penafian
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.