Until now, I still maintain a bullish view on BTC. The target I have in mind is 42,000. You can see it is having an adjustment period to prepare for the next price increase. Of course, there are also deep collapses and that is a good opportunity to buy.
This was my earlier analysis on BTCUSD and you can find it there Based on my relearning of Ichimoku and Fib, looks like 38K is a big resistance on Daily. It has to break it and then 40s is next! Let me know what you think and how I can improve My new target is FWB:42K and stop loss is 36K based on Fib and Kijun Sen
It has peaked before and above the 4600 zone. In my view, it could take place a correction to the 4450 gap zone. However, before the adjustment, it may sideways for a while.
Gold has reached the $2000 threshold. According to my analysis it will head towards $2500 on the monthly chart. This can be achieved by 2024. The Ichimoku system is showing a strong upward trend for gold in the near future.
My personal opinion is that DXY is still weakening. It could drop to the 102 zone. If everything goes right, this target will be achieved this week.
As always learning or going back to learning. A chart a day makes one happy every day! Take Profit and Stop Loss Used Fibonacci 4 Hour for Stop loss and for take profit used Daily Fibonacci. Now Ichimoku is the base chart for guidance You always learn by doing it. I bought it on my long term plan and am also setting an alert for this on Trading View.
This is for my learning and storing it for eternity. Collaboration is a good idea and posting it for educational purpose only. Slow and Steady wins the race
PEPE broke up from its bottom range after a beautiful double bottom and it's trying to take support above Extended Zone 1 (TP1). When this is happening, I see PEPE flying through targets and maybe end up to TP4 quite fast. Watch this meme coin, it's going to be interesting :)
BTC retraces back to the 31,500 area after reaching the target of 36k. A significant level of 36k has been done. In my opinion, it will have some correction.
Price has a positive regular divergence so I expect bullish move till Senkou B!
RSI was in oversold area, so I expect a bullish correction and price can touch the Kumo!
Recent market movements in Germany and Shanghai have unveiled an intriguing confluence of factors worth exploring. In Germany, the monthly market trends reveal a mixed narrative. While the indices have shown a bearish trend over the last few months, there are hints of optimism. The Tenkan-Sen remains above the Kijun-Sen, and the price is positioned above the...
RSI was in oversold area, so I expect a bullish correction and price can touch the Kumo!
We see a bearish regular divergence in RSI, so I expect a bearish correction and price can touch the Kumo!
RSI was in overbought area, so I expect a bearish correction and price can touch the Kumo!
RSI was in overbought area, so I expect a bearish correction and price can touch the Kumo!
It has broken out of the range and maintains its downward momentum. Target 1.2400 below.
It maintains its upward momentum and is moving towards the target of 105. Through this index, you can plan to buy USD and sell other foreign currencies such as GBP and EUR.