XRP pump today. As prices surge we look to trade the pull back. Price is coming into the orange zone, possible resistance on the daily Ichimoku chart. Should prices cool off we take profit on the first support zone, a 1.34 risk:return. Stop above the zone.
Don't take this trade as it might run into a loss. It's just an idea, not financial advice.
Monthly:
Kumo flat
Tenkan-sen; Kijun-sen flat
Chiko below candles
Price is under Tenkan-sen, Kijun-sen
No trend Kyushu Ashi
=> Monthly no trend
Weekly:
Senko-span A and B cross
Chiko above candles
Price below Tenkan-sen, Kijin-sen
Bearish Kyushu Ashi => can expect price will be sideway-down until next Kihon Suchi (27 March or 22 May)
Daily:
Kumo down
Kijun-sen,...
Hello & welcome to this study on daily time frame
As per Ichimoku it is seeing a rejection near a cloud with future kumo still bearish. It could now do a pullback till 1250 (with interim support near 1290) as long as it remains below 1340.
From the daily base line support (expected retracement level from here) a fresh rally could take place for 1450 (provided...
Here we trade Tesla stock using 1W Ichimoku levels.
What do we observe?
Price dipped below the base of the green cloud at aproximatly $161. The market kindly urged weak hands to let go of their shares, so we look for long opportunities. I.e. trade the correction, get everyone bullish before continuing our way down.
The first two support levels on the 1W...
Here we trade CTCUSDT.P using 4H Ichimoku levels.
As prices go up, we're looking to go short. Here are some price levels to watch.
What do we see?
Price is coming up. Just above the previous high there are some resistance levels we identify using Ichimoku indicator. We were actually surprised price did not reach those levels on the previous high.
How can we...
Here we analyse BTCUSD.P.
Price action up until this point still looks rather corrective. This is supported by the 4H Ichimoku levels drawn in the chart. We trade at the zone of resistance, while the zone of support is found below the current swing lows. Unless we see a definite and powerfull break of the zone indicated, this trade idea is in our opinion still...
Here we trade Bitcoin using 4H Ichimoku levels.
After closing our last short position it looks like Bitcoin is ready for some upside. We analyse the chart for new trading opportunities.
What do we observe?
Bitcoin made a lower low. After fully penetrating our support zone we see a strong rejection to the upside. RSI(14) formed a higher low which may indicate...
Here we trade FTMUSDT.P using 4H Ichimoku support/resistance levels.
Note: this is not a high probability trade, so we enter with relatively low volume and place our stop close to our entries. If markets run against us, we'll take a comfortable loss and not suffer too much.
What do we see?
In our opinion, FTM did not yet reach its target: the orange zone...
Here we trade 4H Ichimoku levels on DASHUSDT.P.
What do we see?
Price hit our sell zone, with what looks like bearish RSI(14) divergence. We were unfortunately a bit late on our entry. Therefore we took a quick profit, that we now can add to our position in case price goes up to test the zone again. We are willing to add to our position further at "Entry sell...
Here we trade SANDUSDT using 4H Ichimoku levels/zones.
What do we see?
- price made a higher high
- RSI appears to remain bullish (higher high)
It further looks like we did not yet reach our take profit area. We might therefore expect a higher push, towards zone 1.
For our entry, we identified what looks like a gap in the 4H Ichimku conversion line (Tenkan...
When prices go up, look for shorts. Here we trade 4H Ichimoku zones.
Orange zone is the first place to look for a short on OPUSDT perpetual contract. What should we be looking at in order to trade this idea?
Simple, observe the reaction when prices hit the zone, use RSI divergence as confirmation.
- 4H close above the zone?
- Higher high on RSI(14) on the 4H...
We pubished our idea earlier today. Pretty much as was our plan: push to the zone, penetration of the zone, sell at second entry for less risk. Stop above previous resistance as to avoid being wicked out.
Now let's go for profits 😀 Happy trading!
Hello Dear friends
Our support areas are maintained for now, and on the other hand, a positive RSI divergence has been issued on the lower timeframes.
But harmonic patterns are not associated with positive divergence!
But we do not have a signal to continue the downward trend, if the upward trend is above the range of $0.3832, the possibility of the upward trend...
Daily Time Frame:
1. Strong Bullish Candle Close and Lagging Span have crossed up Ichimoku Cloud
2. Ichimoku Cloud has printed green (look right)
3. Conversion Line has crossed up Base Line
4. 9 and 21 EMA have crossed up 55 EMA
5. Absurd Volume on Breakout (look left)
6. Buy Signals have been printed on various indicators since Oct 11
Entry: ~$14/wanna take a...
Quick BTC/USD 1D chart update.
A range of $12K to bottom $9K price target for BTC/USD is still in play. $9K will probably be hit with just a quick wick downwards from $12K.
V Calculation (Negative)
V= B-(C-B) = D
C $25,160 - B $17,538 = $7,622
B $17,538 - (C-B) $7,622 = $9,916
Note that the above calculation is from the 1M Chart but i have added it onto...
BTC/USD is still in a massive Ichimoku W Wave Pattern.
BTC is still in a Descending Wedge Pattern and a Descending Triangle Pattern.
BTC is still in the Bearish Zone of the Ichimoku Cloud.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indication that the mid-point of the short-term momentum is sideways at the moment.
The Ichimoku Cloud Base Line (Kijun...
1. Daily Close at $15.6K with no long wick indicates overwhelming selling pressure while buying demand stays the same/diminishes
2. All Ichimoku Indicators pointing a big bearish movement on Daily, alongside 2 big bearish candlesticks (strong bearish momentum)
3. R:R of 1:2 | Entry/TP/SL; that is widely used for this indicator on Daily Time Frame, is shown...
Hello and Welcome to this analysis
Post FED rate hike last night, S&P declined sharply and is now near a strong support in daily and hourly time frame.
This level of 3675-2725 could work as a good support for now.
Bounce for 3800-3850 or reversal till 4000-4050 likely if held
