If it gets above it then here are the next key levels identified.
Here is some key levels identified on higher timeframes.
Good start to the week, We resumed our weekly analysis. Let us look at a glance at the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 16 days and is 1.4% wide. It is thin and looking upward. In...
The price and the chikou span are free to go up. 0.4294 is the kijun sen on the daily timeframe.
These key levels have been identified on the weekly timeframe.
Here are some weekly key levels to watch if the bitcoin keeps on going up. It has just got above a weekly kijun sen (strong level).
Here is my weekly 4H INDEX:ETHUSD Ichimoku Analysis for Week 1. General outlook The overall market trend is still downwards and I expect that we will see more in Q1 downward pressure due to adjustment of earnings and the higher and higher possibility of, at least, a mild recession in the US and EU. The Crypto market will be also pointing further downwards as...
If the price gets above 0.1327 then there could be a long trade opportunity with TP = 0.1390
If the chikou span gets above its H4 cloud then there would be a good long opportunity with : TP1 = 0.2670 TP2 = 0.2725
If the price gets below the trendline then there would be a short trade opportunity.
I don't know it these are well placed but these might be TP levels.
1859 is a higher high in weekly timeframe and it could be reached.
That is a SSB line that could be reached. The chikou span would be free to go up.
Could go up to its daily Kijun Sen. The chikou span should get above its cloud.
In H4 it is uptrend. In daily it's not but it could get up to its daily KS.
Getting above its daily cloud. We have to wait to see if the price closes above it.
The price has got below its daily Ichimoku forecast line. The chikou span has got below its daily Ichimoku forecast line. BUT : the chikou span is above its Kijun sen line. The price might go back to 16203 = The low of the japanese candlestick from which the Daily IFL was drawn. Possible resistance before going to 16203 is 16432.8 = the kijun sen level below the...
This asset might be intersting to short. Ideally one should wait for the Chikou Span to get below its cloud.