WOW.... Ethereum is actually so boring to watch now. Looking at the daily chart we see it is stuck in a forever lasting descending triangle. Also, I have added a new indicator that I think is very useful and that is the Ichimoku Cloud. This cloud is telling us that Ethereum still is in a downtrend and has strong resistance at the cloud where the green outlines the...
In this Bitcoin update can we see that the price confirmed the bear flag but need to confirm the 30k range to confirm a recession as this price range while when the price has confirmed the 25k range would the price be in a free fall period. This free fall line is confirmed by the 200 EMA on the Weekly time frame and if the price, with confirmation, would fall...
Comment: CADJPY is trending down after Head and shoulders neckline breakout as well as Ichimoku trend analysis. Ichimoku Trend Analysis (KTS): - Kumo (Senko span A and B) down - Tenkan sen down - Kijun sen down - Chiko span below candles Next Scenario: Need to wait for today's candle close. And once the breakout is confirmed, look for a selling edge. Target...
Comment: EURCAD is bullish based on Ichimoku trend analysis. Ichimoku Trend Analysis (KTS): - Kumo (Senko span A and B) up - Tenkan sen up - Kijun sen up - Chiko span above candles Next Scenario: Market is going up towards 1.39766. Once it breaks, it can reach 1.42354, then ultimate target to be 1.46381.
Comment: GBPCAD is continuously bullish after my analysis yesterday. Ichimoku Trend Analysis: - Market is above Tenkan sen - Chiko span above candles Next Scenario: Market touched the resistance of 1.61814 and retracing today. Better to wait for the breakout for the next buying opportunity.
Comment: GBPCAD is bullish and about to break Daily resistance level of 1.5975 level. Ichimoku Trend Analysis - Kumo (Senko span A) is up - Tenkan sen up - Chiko span above candles Next Scenario: Candles also showing inside bar, so better to wait for 1.5975 breakout and follow uptrend afterwards.
price closing below the cloud and also lagging coming below the cloud. We could see 0.0049.
Closing below the 25.63 will be a good short opportunity. TP will be 21.
Probable to touch broken Tenkansen and climbing to KJ... Wait for approval of returning from TK...
For the first time in many months the price of Bitcoin COINBASE:BTCUSD has pushed a closing bar outside of the Daily Ichimoku Cloud. Using the Daily Ichimoku Cloud indicator on the traditional setting (9, 26, 52, 26) has been an accurate tool in defining the trend of Bitcoin going back over a decade. I even did a study proving that the performance of using...
Comment: EURUSD Daily timeframe shows it's about to break Kumo. Once it happens, market can be continuously bullish. Ichimoku Analysis: - Tenkan sen and Kijun sen gold cross happend already - Chiko span breakout happened already - Kumo breakout is about to be happening Next Scenario: Once Kumo breakout happens the next target will be 1.0197 then 1.0367
We have only touched the bottom of this cloud 4 times now in almost 12 years. Everytime we do, it means something huge for ole' BTC. First two times it indicated approx. 30x gainz. Second time, 20x. Third time 10x? We shall see folks. Buckle up cuz' either way I smell something big! Stew
Comment: USDJPY broke the resistance level of 145.9 where BOJ intervened, and showing continuous uptrend. Ichimoku trend Analysis (KTS): - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: - Market can go up to 147.7 which is the resistance way back in Aug 1998. - Once it breaks, possible to go up to 150...
Comment: AUDUSD reached the target of 0.62519 and is continuously bearish. Ichimoku Trend Analysis (KTS): - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: The market may retrace / consolidate today as it reached the support. However Daily timeframe Kumo is sitll thick, so it could break the support and...
Comment: EURAUD broke the resistance 1.5400 level from July 2022 as well as support from of Oct 2021. Ichimoku Trend Analysis (KTS): - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: 1.5400 level is also a neckline of monthly W bottom. Ultimately the market could go up to 1.622 level.
Good start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 44 days and...
Comments: AUDUSD is currently downtrending by Ichimoku trend confirmation (KTS) Ichimoku Trend Analysis (KTS) - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: Kumo is thick on Daily timeframe so this trend can be continuous. Initial target is 0.6251 level.
EURJPY Weekly Forecast is Short and Bearish Weekly Forex Forecast for October 10 to 14 , multiple timeframe analysis. Knowing WHEN to trade is one of the most important components to forex trading, I will be breaking that down in this forex forecast on Homa Forex Channel. ❤️Please, support our work with like & comment!❤️ 👇👇👇👇👇