Good start trading week Good start of trading week at all, I propose the analysis version on this couple, because it is present in my weekly watchlist! Good reading to everyone. W1 = Starting from the weekly chart we can see that prices are supported by a long-term trendline, despite the double maximum on resistance (red) where prices have plummeted down, the...
Resistance has been broken during my dream time. Bulls are clearly in control for now. Long position in play Based on a Bullish T-K crossover on the ichimoku. Using trailing stop loss. Keep it tight. (-(-(-(-_-)-)-)-)
We have the beginning of a macd x on the 4 hr. Tenkan Sen, about to cross Kijun Sen on the Ichimoku. Chikou Span crossing above previous the price line, and price breaking out of cloud will be another bullish confirmation. RDD is giving us more and more signs. As always be careful, set stop losses and/or alerts, never panic. Happy trading! Ichimoku Lines...
Will Ether continue this rally, or is it time to take profits? Personally, I'm holding on for a few more days. We're still seeing a strong daily momentum according to MACD, Stochastics and Ichimoku. We had a correction today as a result of the Bitcoin and Litecoin dips, but immediately bounced back at a strong support level. I believe we will still see a new...
On this occasion we are looking for an entry in the XMR and USD parity to open a long position that takes us to a price of around 152 USD. We have to be aware of the confirmation of buying signal that is currently developing. Buy strategy: 1) The price (candle) closed above the Kijun (pink line) is a well-known strategy using Ichimoku. 2) But, we prefer a...
Hello guys, We have something which looks like an Head and Shoulders pattern in the EURUSD Daily, plus we see some divergene in the Ichimoku. So watch for a break of the neckline for possible shorts. Idea is invalidated if we break the head´s high. Cheers.
Yes get ready for launch. Ripple has landed at Big support! For another take off! You see support at the Cloud lines if you know Ichimoku. Look at the blue line in the back history.. Also with the cloud there flat. And the candles sitting there at the exact same level. All is lining up. Good luck! XRP To the MoooOn! Safe ride :D
For an attempt at trend reversal the 49$ area needs to be broken and then the 1 Day Ichimoku. So long as the 49$ area is not broken to the upside look for a possible drop to the 42$ area. If this is not held then we could see as low as 30$. If the 1 Day Tenkan-sen (green) clearly broken then the 49$ area would likely be touched if it happens in the next 1-3 days....
Today-Target: 1201: - BreakOut Diamond-Bottom / Inverse SHS - Break-Out Ichimoku-Cloud / Ichimoku-Cloud-Support - EMA7 BLUE cross-over SMA50 RED - SMA20 GREEN cross-over SMA50 RED - BB-Band cross-over Ichimoku-Cloud / BB-PAC-MAN bites through IChimoku-Cloud ;-) - Comming: Cross-Over SMA200 NAVY - Comming: Cross-Over EMA200 VIOLETT
AUDCAD Long on hourly - bottoming pattern and bullish Ichimoku. On hourly chart we could see perfect bottoming pattern. 1H Ichimoku sets perfect bullish setup. Target is 0.9898 Stop: 0.9745
Confluence 1. Daily Ichimoku Conversion line below the base line indicating for bearish direction. 2. Weekly Ichimoku also suggest bearish nature 2. 61.8% Retracement co-inside with trend line. 3. The situation in the Middle East can get worse which might push stocks down.
On the H4 timeframe, the pair broke above the upper level of a descending channel, and is encroaching towards the previous high at 146.500. With this break to the upside, price elevation beyond this level would be our upside confirmation to the next high at 148.800. This also coincides with our 27.2% fibonnaci retracement levels. The pair is also above the...
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...
BTC/USD 1 day chart quick update. Here is a closer look at this 1 day chart. BTC is in an Ascending Channel Pattern. BTC is still in a Falling Wedge Pattern. BTC is still in a Descending Channel. BTC is still in a massive Ichimoku Y Wave Pattern. At the moment of typing this, BTC is fighting to stay back above its 200MA. If BTC CLOSES this or tomorrows daily...
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!
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...
BTC/USD 4hr chart analysis: On the 17th, BTC had broken downwards out of its Ascending Wedge Pattern on this 4hr chart. BTC had found some support from its support level at around $21,264 but has now dropped below it. A successful 4hr close below this level will possibly take BTC to its support area at around $20,834 to $20,494. The Ichimoku Cloud Lagging Span...
UNI pumped 43% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 63. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend...