my perspective of gold for long term buy and hold this is unlikely to see below the 1700 but lets see about CPI & ECB today best regards.
Possible short position here. I've identified a few resistance lines for some targets and confirmed the trend reversual using the Ichimoku cloud. Interested for everyone's thoughts!
VET/USD very quick update. Here is a closer look at this VET/USD 1 day chart: VeChain is in a new smaller Descending Channel which is in a massive Descending Channel. VeChain is also in a massive Symmetrical Triangle. At the moment of typing this, VeChain is still in the Bullish Zone above its Ichimoku Cloud. At the moment of typing this, VeChain is still...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. This happens to be a Demand Zone. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside. Please proceed with caution as market on weekly chart is ranging mode. ...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again. H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And...
Bitcoin again surprising everyone and breaking upward. Indicators are looking good. It looks like the ichimoku cloud opens up around 35K, which neatly meets the previous low before the capitulation. This looks like a good place to set targets and expect either a pullback or a rest before moving higher. How long this will last isn't clear, but if this is similar to...
Hello and welcome to this analysis On the daily time frame a Bullish Harmonic Bat is being formed. The PRZ of this pattern also coincides with the Bullish Cloud support of the weekly Ichimoku time frame. As long as it does not breach below 16900 it could bounce back to 17300 and above that till 17650. A confirmation of this reversal would be spot sustaining...
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,...
Wait for the lagging to come out of the cloud for $XRP. Then I go short.
Monthly: Range Weekly: Kumo flat Tenkan-sen down; Kijun-sen flat Chiko above candles Bearish Kyushu Ashi Note: Price will be likely sideway-down until around 24 April 2023 Daily: Kumo down Kijun-sen down Tenkan-sen flat => equalibrium in short-term Chiko below candles Bearish Kyushu Ashi => can still continue till 27 March 2023 Conclusion: Buy signal: not...
If today's closing can make sure that weekly is above kijun san, than I will not press the panic button yet and will hope for a bounce till 22.4k. However if it closes below kijun than will go short.
Here is a closer look at BTC in its Ascending Channel Pattern: This is just a quick chart post with a Ichimoku Y Wave Pattern, an Ascending Channel Pattern and an Ascending Wedge Pattern. Which one will win???
1) Kumo Crossover 2) Price closing below kumo cloud. At least 10% #profit on cards with the short.
Could see a bounce till 25k again on $BTC this week as TK is still bullish and tenkan pointing upwards. Invalidation below 21.2k.
$RUNE will short once we get a bounce till 1.522 on this. Also will make sure that lagging is below the kumo cloud. TP1 will be 1.3 and TP2 will be 1.162
Bearish kumo and TK crossover. Price inside the cloud, we see a higher selling pressure at the moment. Avoid any long position for now or keep 21.2k as your solid sl.
Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud: 1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news! 4h...
Monthly: Tenkan-sen; Kijun-sen dead cross Chiko break candles Kumo flat Bearish Kyushu Ashi Weekly: Kijun-sen down Tenkan-sen flat Chiko below canldes Candles below Tenkan-sen and Kijun-sen Daily: Tenkan-sen; Kijun-sen dead cross Chiko broke the candles Price is under Tenkan-sen; Kijun-sen and between forecast line