Possibly good chance to buy short term for usd 30 based on 15 mins chart. Pay attention to the risk area. Trade well. Trade wisely. 🙏🙏🙏
A bearish trend could be beginning on EURJPY. We have several confluences: 4H Chart: - Tenkan sen and Kijun sen angled down - Kumo bearish and angled down - Chikou below past candles and kumo - Bearish price action My Ichimoku scanner which uses the 4H and 1H chart is returning a bearish result. We also have relative weakness, as EUR in general is weak, JPY in...
Good weekend, 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 developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 77 days, shrinking (now at...
This details my newly coined setup The Counteryeet :D This morning my community and I were trading CME_MINI:ES1! futures on the 1 minute timeframe in line with the context of the broader higher timeframe price action. For context, right now on the Daily the stock market is in a bearish trend. Price pulled back to an Ichimoku Kijun Sen which represents the 50%...
Good weekend, 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 developed and released Open Source, you can find them at the end of the analysis. Trend: The Kumo has been red for 70 days, and the width...
1. We have leveled out around 1122 over the last 3 days. The Chikou Span (green) is showing do immediate direction but is moving closer to price. If we stay ranging between 1000-1300 chikou will eventually start to push up against price action, and we could start to see a reversal. 2. The gap between Tenkan and Kijun is very wide, Kijun will stay flat for...
I want to go on the record with what I will be looking for in the future with Bitcoin BITFINEX:BTCUSD . I have been consistent in my thesis since October 2021 that the bullish cycle of cryptocurrencies was ending upon the failed breakouts of the All Time Highs. Since November I have called the crypto winter and expected it to last through 2023. On an esoteric...
Good weekend, 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 developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 63 days, getting thicker and...
BTC has a chance to stabilize here between 20k and 22k. 1) The distances between Chikou (green) and price action is a large gap, price often turns around when chikou runs into price. Th gap between the last low and 26bars in the future is also very large, Both of these distances show momentum and if the gaps start to close we have slower momentum. 2)...
Comment: Market is down based on H4 according to Ichimoku Trend Analysis. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: Initial target is 1.21548, previous support. And since the Kumo is thin, market could reverse there. If you want to trade in longer term, better to wait...
Good weekend, 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 developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 56 days, tapering slightly...
Overall we are bearish with a slight momentum loss, but the KUMO cloud is going to continue to fall further without a dramatic change in price with the next next few days. We can continue to range and hole the 1700 level while the KUMO and T/K level stabilize, but if we loose 1700, expect a further push down.
Overall BTC is looking like it will continue ranging through the week. Keep an eye on the yellow lines identified as fractal levels which will provide a direction when broken with momentum (strong candles).
Good weekend, 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 developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 49 days, compared to the...
Amazon (AMZN) just reached the cloud. The last time this happened was in November 2008. Could be a rare buying opportunity. Does anyone see things differently? Not financial advice.
BTC historically after making a cycle ATH (All Time High) falls below the Ichimoku (IM) Clouds indicator (light and dark gray filled areas on the chart) on the 3D chart and holds it as ~ resistance during the Bear Market phase of BTCs cycle. BTCs chance to escape once falling through the IM Clouds (shown at the orange arrow) is at the intersection between the...
The Russell has rallied higher in the last two sessions. In this video I take a look at two Elliott wave counts to determine if the correction is complete - or if we should expect further selloffs.
Good weekend, 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 additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: The Kumo has been red for 21 days, getting thicker...