In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have BTC, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias...
It is always interesting to see the fractal nature of price action. It is the way that price tends to have very similar patterns on multiple timeframes. You see these repeating patterns in nature and they are expressed by mathematics in such ways as the Mandelbrot set. Over the last few weeks the AMEX:SPY has been riding along the lower edge of the Daily...
1. Edge-to-edge play just completed on 1D XBTUSD 2. Chikou broke through price and entered cloud 3. Tenkan crossed the Kijun All signs show a shift in the market. This trifecta has not occurred on the 1D since the beginning of Oct. 2020 when Bitcoin was at 11k
Chikou breaking out of the cloud on ETHBTC. Tenkan has crossed the Kijun and is above the Kumo. Seeing a nice 4h doji. Definitely one to watch.
The Chikou Span line has got over the price. The Chikou Span line is free in all timeframes (weekly, monthly, daily). The RSI indicator does not show an overbought situation. As written in my previous analysis of the Bitcoin trend, key levels are the same : TP1 : $12568 TP2 : $13241 TP3 : $14453 Don't forget to keep an eye on the RSI 14 indicator, because if the...
TOP network has its Main Net in 2 days and has a bullish chart here. The chikou is bullish, there is a 3 inside up off a bounce on the kijun. This is a nice trade right here as there is FA and good looking TA Chart, Trade, Learn, Repeat Coach K
The graph is self-explanatory and it is commented on the main aspects of the operation using Ichimoku strategy. Additionally, if we look ADX + DI , Di+ is bearish and it confirms the strength of sellers. ====== Buy: As explained above. This is not an exact price but an event. Take-profit (short term): ~ from 17.5 to 18.35 Take-profit (medium term): ~from 19.0...
Yellow = Buy Zone Green = Sell Targets Red = Stop Loss Targets are subjective. Buy, Sell, and Stop-Loss according to personal risk tolerance.
And the chikou span line is still inside the kumo cloud. Uptrend scenario : If the chikou span line gets over the cloud then that would mean a confirmation of the short-term (at least) trend. And the Bitcoin price (XBT/USD) might go up to $8523.
The validation of the 15-minute timeframe uptrend would be having the Chikou Span Line (Lagging Span Line) getting over the Ichimoku Kumo Cloud.
This parity shows signs of recovery after a sustained bearish trend for several days. We have to be aware of the buying signal that is currently developing. There are two possible options: 1) Wait for the crossing of Kijun (pink line) by Tenkan (blue line) 2) Wait for the price to close above Kijun (pink line). That is to say to see a candle above Kijun. In...