TheKing and TheCloud

Everything is in Graph, just follow the clouds and stay zen for now.

This analyse is based on Weekly TF, less noise and more clean movements, i just used only ichimoku cloud as indicator.

After bears tried multiples time to down TheKing under 28k and failed constantly, we could get soon a new green market.
Of course we could get a trap with a bad tricky news but the finality stay the same, BullMarket is not yet over, so we will up.

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Trading Parts :
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- First Target 38k
- Second Target 40k ( after 40k break, we could start a super bullish movement )
- Third Target 88k ( preservative )
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Last Target 160k unchanged from my last analyses.


Happy Tr4Ding !

Comment:

older analyse to 160k

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i invite you also to consider the CME GAP around 24k. The cloud is flat around this area, it means this zone is a big support area. We could next week get indecision or a trap to go take it. this is a possibility, keep it in mind and play safe.

Comment:

need to look 35k as a first resistance on H4 TF to start to break bearish trend.
( used futures + EMAs )

Comment:

confirmed 35k resistance on D1 ichimoku cloud ( Futures ).

Comment:

Bullish but be carefull this Zone.

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Down Trend Breakout. have to wait to finish this weekly Candle Correctly to confirm.

Trade active:

Follow the path of the Cloud. This analyse was particulary revelant.

Trade closed: target reached