ENJIN has made some massive gains the last few days, but I expect a pull back after today as it is running up against the 51, 17, and 9 periods. Pull back seems to be somewhere around 40%, but after a 200%+ gain in the last 9 day period, I think pull back could be sharp, potentially even to the $.45 mark.
The E calculation put the high around $.90 which it...
AMD looks like it wants to make a big move upwards.
All of the Ichimoku indicates bullish continuation:
-Price is above the Kumo Cloud
-Kumo Cloud is green
-Tenkan is above the Kijun
-Bullish TK is above the green Kumo Cloud
-Lagging span is above the price
An Ascending Triangle has been formed:
Price has been consolidating under the Triangle's
This is a hard one to look as the patterns are a little harder to discern. The lower timeframe charts are more bearish and there are some bearish movement indicators in the daily chart like the Chiko Span headed downward for the priceline and the Tenkan/Kijun crossover which already happened as the price gets closer to the Kumo. I see some decent resistance around...
We're looking at a potential movement in the next couple days. The green represents Kihon Suchi at 51 periods on the daily chart from January 1st to 19 February where there was some ranging on the 1 hour chart (purple box) and the beginning of a potential 9 period reversal indication starting on 20 Feb.
The yellow represents 172 Periods on the 4 hour chart to the...
Since around the 27th of December DOT has been on the climb without a significant pull-back but it looks like we are at the end of said pull-back. If the ranging continues until around 2 March we should see a reversal upward after a bounce off of the $29 area. Using the N Calculation a potential ceiling could be around $64 near the end of March which would be the...
Litecoin looks strongly bullish on the 4H in comparison to Ethereum
$ETH has been the Crypto Market leader lately and with $LTC
looking to outpace this leader it makes a good argument
to enter a long position here.
-Kumo cloud twisted to bullish
-Bullish TK Cross above the cloud adds conviction
-Lagging Span is above the cloud making a stronger...
#WFC -1H - 21.07.2020 - Ready, set...
After a brief skid this monday, price broke our second downtrend with a solid bullish candel (Economic fundamental causes behind it). Hopefully, the beginning of new tendence.
If we look at closely our Ichimoku cloud indicator, we will find that tenkan (convertion line) crosses upward Kijun (base line) when the price is...
Here is the Ichimoku Cloud for SVXY. Found in this indicator is a hidden cloud between the Conversion Line & Base Line. As mentioned, this 2nd cloud forecasts a change when price enters its range. Additionally, the Bollinger Bands indicate a potential breakout soon.
May the chikou resist until 05-18-2020?
If the weekly chikou resist and closes above the 9073, we will go to the 11448 which is the extension of a monthly kijun tray
So, before weekly closing, be careful, even if many indicators gives buy signals
An update of BITSTAMP:BTCUSD which I posted a couple days ago. We still on neutral stance which means keep holding if you have bought Bitcoin until a clear exit point occurs, and if you're not then don't buy anything just yet. We need higher confidence before pouring all that hard earned money, so wait until MACD enter its positive phase, then wait for another 2...
Possible short. Price is below the kumo (cloud) and the chikou spanis (orange line) is below kumo - once price closes below the kijun sen (light pink line)and the kenkan sen (pale blue line) and RSI has turned red and is moving below middle blue line, open a short. Use support lines to take profit and look for change of trend momentum. Not advice.