A look at the technical and on-chain analysis on bitcoin shows that the market has not yet decided for the future trend. In the Ranko diagram, we can see a wedge that is neither ascending nor descending In Ichimoku analysis, bitcoin has entered the Kumo cloud. This indicates that the market is making decisions and it is recommended not to trade. OnChain...
ichimoku has given two strong buy signals. If the chart breaks the cloud upwards. it will reach the peak of 5000
Looks like FET just hit another Double Bottom last night on the daily chart . You'll notice we had a VERY similar pattern in late summer before a very nice run happened . I suspect we are doing the same thing now . We've hit a red TD Sequential 9 last night ( and that's the second one we've hit . ) Both of these form our double bottom . Some might say these...
Besides the illustrated Indicator signals, CoT Data on DXY shows Commercials at a (typical) turning point extreme. Nov '18, Oct '19 both previous times where Commercials were more than 40k Net Short...Extremes in the Commercials tend to correspond with turning points in the market. This is a BIG SHIP steering though, it's not a turn-on-a-dime kind of move. ...
Be carful!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Be carful!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Be carful!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! #BTC #CRIPTO
You can see we have developed what appears to be an Adam & Eve Bottom on our FET chart . What's an Adam & Eve Bottom you might ask? Let's look at our 12 hour chart and see! Our first bottom happened about a month ago with that sharp V formation you see with the red V . Many of us thought it was gonna be an Inverse Head & Shoulders pattern but Crypto can change...
Due to the overlap of the Tonkensen and Kijonsen lines in a smooth time frame of 4 hours and the good reaction to it, I will wait for the formation of this candle and if a suitable candle is formed, I will buy it. I expect to form a zigzag pattern and I will be up to $ 5. In the daily timeframe, the upward overlap of the two lines of Tencensen and Kijonsen...
Here we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden...
AUD/USD H4 BUY ICHIMOKU IS LOVE All analysis is based on Ichimoku's powerful strategy. At least 4 timeframe charts are analyzed I hope you enjoy the analysis and benefit.
I think it's season of growing altcoins and ocean like another one is growing! then I introduce 1st tp and sl now! Buy tp@0.6485 sl@ 0.4018
Price is between support and resistance and definitely tp is 1.68093 and sl is 1.69910 Sell tp @ 1.68093 Sl @ 1.69910 Good luck
Short positions below 87.3052 with targets at 86.0257 & 83.8932 in extension. Pivot: 87.3052 Comments: Chikou inside the candles. One might wait for the chikou to break the candles. Tenkan kijun cross, kumo cloud twist
Long positions above 6.4940 with targets at 6.5795 & 6.6650 in extension. Pivot: 6.4940 Comments: Chikou breakout, tenkan kijun cross, kumo cloud twist
BIGC is shaping up nicely. Price now out of the ichimoku cloud . The 200ma sits at 70. A break of the 60 level could take us to 69-70. The blue rectangle is my target area. The trade is not validated if we don't break the 60 level. Trade safe.
BTC on the daily Price is forming a P-wave and is soon be breaking to the up or downside. Highs are gettings lower and lows are getting higher. Price is below TS, KS and Kumo meaning that the market is bearish in short, midterm and longterm. Chico Span is below the candles indicating bearish momentum. On the RSI there is hidden bearish divergence (trend...
The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle...
It will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's...
about the #BTCUSDT trend Conditions are in place for crossing 57,000 The next resistance is in the range of 58,000