BTC/CNY pair has broken psychological resistance at 6000 and jumped slightly till 6198 at the time of writing. It is currently trading around 6104 at the time of writing.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 5740

Kijun-Sen level: 6894

Major reversal level -5600 (89- day EMA)

Long-term trend remains to be bullish. BTC/CNY trades slightly above 6000 level and it should break above 30-day EMA for further bullishness.

Major resistance -6600 (support turned into resistance) and any break above that level will take the pair to next level till 6894 (daily Kijun-Sen)/7366 (61.8% retracement of 8896 and 4893). Short term support is seen at 5850 (60- day EMA) and any break below targets 5740 (daily Tenken-Sen)/5590  (89- day EMA).