According to Daily Timeframe, BTC hit a supply zone which must be break above bullish in order to confirm the 24k target. Otherwise we can expect a retracement. At 21200 we have a fresh demand zone buying pressure is expected at least to push price higher. Ichimoku Cloud Signals: 1D Strong Kumo breakout, however the cloud is not very thick which indicates the...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside which goes along with Daily Timeframe trend and structure. Key Areas Key Support area: ...
Multi-timeframe Technical Analysis: D1 Accumulation Stage Market probably but it bounced off from key uptrend structure within the ranging market. H4 Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside, noticed it got rejected from the upper trendline so more confirmation could be needed depending on...
Hey guys! Today, I'd like to share my two ideas to which price might go for. I'll keep it short and sweet! 1. Breakout: This would mean continuation of the trend, this is resistance but can still totally be broken through and explode higher. The Ichimoku Cloud shows strength pointing upwards, usually when it gets flat it means a retracement is imminet and the...
Monthly: Based on 5 lines of Ichimoku, it is ranging Bearish monthly Kyushu Ashi, monthly is very close to Kihon Suchi 9 (around 1 May) Weekly: Kumo down but now flat Tenkan-sen, Kijun-sen at a same level Chiko-span below candles Bearish Kyushu Ashi (can still bearish till next Weekly Kihon Suchi (also Monthly Kihon Suchi - aka 1 may) Daily: Kumo down however...
As we can see the volume profile, Gold is very close to the 1957 level which broke up. Now it becomes from resistance to support now. the high R is around 1975, so we can long if we see a nice K line here with SL 1952. Good luck happy trading. follow my tw and ytb pls.
Weekly: Bullish Kyushu Ashi Kumo up (Span A + B up) Kijun-sen up Tenkan-sen up Chiko-span above candles and far from candles Daily: Kumo quite flat Kijun-sen up Tenkan-sen flat Kijun-sen quite close to Tenkan-sen However Chiko-span is far away from candles => bullish momentum still exist Note: Next daily Kihon-suchi will be 30 March => price can still be...
Hello & welcome to this analysis S&P on the eve of FOMC meet is at the slanting trendline with a diagonal ripe for a pullback/reversal 4017 needs to be breached on the upside 3950 if broken then more downside coming
Monthly: Kijun-sen flat Tekan-sen flat (Price bounce at Tenkan) Kumo flat Chiko above candles Bullish Kyushu Ashi Weekly: Tenkan-sen; Kijun-sen overlap Price is above both Tenkan-sen and Kijun-sen Kumo flat Chiko above candles Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023) Daily: Tenkan-sen; Kijun-sen is...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. This happens to be a Demand Zone. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside. Please proceed with caution as market on weekly chart is ranging mode. ...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again. H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And...
Monthly: Range Weekly: Kumo flat Tenkan-sen down; Kijun-sen flat Chiko above candles Bearish Kyushu Ashi Note: Price will be likely sideway-down until around 24 April 2023 Daily: Kumo down Kijun-sen down Tenkan-sen flat => equalibrium in short-term Chiko below candles Bearish Kyushu Ashi => can still continue till 27 March 2023 Conclusion: Buy signal: not...
It is currently involved, so that it can reject the cloud with power, risk-taking people enter, the rest enter after exiting the cloud. In any case, the result may be reversed, caution.
Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud: 1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news! 4h...
Monthly: Tenkan-sen; Kijun-sen dead cross Chiko break candles Kumo flat Bearish Kyushu Ashi Weekly: Kijun-sen down Tenkan-sen flat Chiko below canldes Candles below Tenkan-sen and Kijun-sen Daily: Tenkan-sen; Kijun-sen dead cross Chiko broke the candles Price is under Tenkan-sen; Kijun-sen and between forecast line
Hello & welcome to this study on daily time frame As per Ichimoku it is seeing a rejection near a cloud with future kumo still bearish. It could now do a pullback till 1250 (with interim support near 1290) as long as it remains below 1340. From the daily base line support (expected retracement level from here) a fresh rally could take place for 1450 (provided...