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