This is a daily technical analysis of the Coindesk analyst and rented market technician Omkar Godbole.
Bitcoin (BTC) has finally exceeded a key resistance that limited recovery demonstrations earlier this year, after increasing more than 5% to $ 93,500 in 24 hours.
The leading digital asset by market value has exceeded the “Ichimoku cloud”, confirming an upward change in the impulse, while other important cryptocurrencies are delayed.
The Ichimoku cloud, developed by a Japanese journalist in the 1960s, is used to identify support and resistance, impulse and change of tendency in prices actions. The indicator comprises five lines: the section of leadership A, the main section B and the gap between the two that represent the cloud, the conversion line or tenkan-sen
