After days of distribution around 31000. BTC selling on H4 appears, stop loss at the top and first target at 28400
Above H4 represents increased rejection. If the current H4 candle closes a clear bearish candle, the bearish structure will continue to follow the selling trend.
8:30 New York price may be pushed to Kijun again to sweep buy stop liquidity. If the price is pushed down then the target is 1.2670 and 1.2600
Patiently waiting for the price to rally during the Fed event at 8:30 a.m. New York. When the price comes around the 1923 - 1925 zone or slightly higher and shows a sell signal, it will sell down according to Smart Money. Target around 1905 or deeper.
It is rising after reaching the middle of the gap.
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Wait for the price to rebound above the H4 time frame and then continue to sell down. Target the 2 nearest bottoms.
Although the US30 index is making a top. However, the decreasing force is not deep and fluctuates within the amplitude of H4 .
After making a false break in 1920 gold is now quietly rising.
Some interesting news developments have transpired related to Bitcoin this week. On Monday, The SEC sued Binance with 13 charges. On Tuesday, The SEC sued Coinbase NASDAQ:COIN . The regulators have been busy this week going after the biggest crypto exchanges. It's almost as if we need a monetary system outside of government interference... What does...
Following up on my coverage of the Bitcoin 2023 trend it has now officially ended the same way it began: with price and momentum confirming a trend change on the Daily Ichimoku cloud. History: One of the major signals I use to identify trend changes and trading opportunities is when price and momentum clears the Ichimoku cloud. It was important to point...
I see an opportunity to sell this. H4 and daily frame time give the signal.
Good start to the week, Let us analyze at a glance 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 red for 26 days and is 4.2% wide. The various lines confirm a downtrend situation and we are below the...
Price has rejected the balance of the cloud and is on its way down to sweep liquidity
The "EUR/CHF" has been in a downtrend since March – 2021, and it is obvious that we can expect a trend reversal if necessary. > The EUR is the base currency of the pair and has suffered greatly from the USD (DXY) appreciation. > The CHF is generally seen as a security, which is why the EUR is losing out to them. --> Once the USD (DXY) shows signs of corrective...
On the H4 chart, the price is still below the cloud. Yesterday retested the 27000 level. Prioritize sell orders. Target 26300
Gold sold below 1985 On the daily time frame, the price tested the Tenkan line and entered the cloud. Keep selling below 1985, stop loss 1990, profit target 1945.
GBPUSD retested resistance at 1.2470 The price is trading below the cloud, the chinkou line is below the price. Sell to target 1.2280