10 Tokens With Strong Bullish Ichimoku Trade Signals — 20th October 2024

The Ichimoku Cloud is a comprehensive technical indicator. It consists of five lines, including the Tenkan-Sen (conversion line), Kijun-Sen (baseline), and Kumo (cloud).

For this signal, I checked crossovers between the Tenkan-Sen and Kijun-Sen lines. However, the strength of the signal depends on whether the cross occurs below, within, or above the cloud.

A bullish crossover above the cloud indicates a strong bullish signal. I attached an example.

Here are the 10 tokens that flashed this bullish signal today:

1 - Aave $AAVE

2 - Optimism $OP

3 - Injective $INJ

4 - Pyth Network $PYTH

5 - Jupiter $JUP

6 - GALA $GALA

7 - eCash $XEC

8 - ORDI $ORDI

9 - Mina Protocol $MINA

10 - dYdX - $DYDX