BTC/CNY pair continuing its winning streak for past three days after making a low of 6119 on Mar 25th, 2017 low (BTCCHINA). It is currently trading around 6920 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 6775
Kijun-Sen level: 7259
Major reversal level -5772 (200- day MA)
Long-term trend remains to be bullish. BTC/CNY faces strong resistance at 55- day EMA and any close above confirms minor bullishness.
Major resistance is around 7000 (38.2% retracement of 8400 and 6119) and any break above will take the pair till 7213 (21- day EMA)/7431 (Mar 21st high). Short term support is seen at 6775 (daily tenken-Sen) and any break below the will drag the pair down till 6413 (cloud bottom)/6119 (Mar 25th, 2017 low).