We have about 14 days until lagging span potentially interacts with price and another 14 days to remain above it. If we are above price by then buy all the bitcoins . If we start intersecting, keep your fiat in the bank. Jokes aside I will keep tabs on this as I think it's pretty important for the macro trend.
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IOST has dropped right back to the Kijun at the bottom of the cloud and could bounce here.
I have set an alert at 70 sats which is a level where the Chikou will push above the Kijun.
Keep your eyes on this for a potential move.
Trade, Chart, Learn, Repeat
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...
Looking at EUR/USD on the D1 Timeframe, from a technical analysis stand point the market is currently ranging within a descending channel, making new lower highs and new lower lows.
I see the market moving as a bullish retracement making new lower high being made on the 23.6 fibonacci level. This is confirmed from the strong bullish pin bar signal after touching...
Ichimoku cloud green is above H4 candle
Ichimoku cloud red is above H1 candle
Seller seems still in control
Chikouspan H4 line near big round no 111 and there is 1st price reaction as S1
Can S2 bring the price up further? Or break further down near lower support D1?
Using the Ichimoku clouds TK Death Cross Strategy, I can see an incoming strong sell signal, This is due to the Tenkan-sen crossing the Kijun-sen from above to below. To solidify my signal on the TK Death Cross the current Chikou span is below the price of 26 periods ago and price is below the Kumo cloud, although it is currently thin, I expect it to expand in the...
Yellow = Buy zone
Green = Sell Targets
Red = Stop loss
Price has been ranging forming a bull flag in the short term while also following a nice ascending channel in the longer term.
Kijun acting as support
Chikou crossing price
Stochastic has room to fall back into the buy zone
MACD has a very slight bullish divergence.
Price is actually testing a support of 7632€.
If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud.
If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku...
ETH/USD price has got over the Ichimoku cloud in 4-hour timeframe.
One has to wait for the Chikou Span Line (aka Lagging Span Linge) to get over all the obstacles that are over it for now (Tenkan Sen Line, Kijun Sen Line, Kumo Cloud, Price itself).
If the Chikou Span Line / Lagging Span Line gets free in daily timeframe then that would be a good confirmation of...
We have the beginning of a macd x on the 4 hr. Tenkan Sen, about to cross Kijun Sen on the Ichimoku. Chikou Span crossing above previous the price line, and price breaking out of cloud will be another bullish confirmation. RDD is giving us more and more signs. As always be careful, set stop losses and/or alerts, never panic.
On the H4 chart we can see, that after a series of decreases there was a short time consolidation, and the price is fighting Kijun right now. If in this area there will be any bearish candle, we can open shorts targeting daily support at 1.7140. Chikou Span line is so far in good place to open position.
Gold sold off in the overnight session to tag the 21 day moving average. The precious metal then reversed as the New York markets opened up and rallied to close between the 6 and 8 day moving averages. On the whole, gold rose a modest 1.5 points today. Today's doji shows that once again gold seems to be in a holding pattern and moving sideways. Although since this...