H1 : Trigger level of the double top @ 35430. Targe @ 33410 3rd consecutive failure to hold above support trend line MBB currently under attack a failure to hold above it and above KS @ 36113 which is also the current intraday uptrend line support would give a bearish signal, calling for lower levels.(with clouds support zone,slighlty...
H4 : Last candle triggered a second "shooting star". Important to note that both patterns took place following the failure to upside breakout KS Moreover, clouds support is very thin = fragility ! In addition, MBB and TS also coincides with the clouds support area. Watch also the first uptrend line support (the one which rely the...
D1 : Still holding above MBB which remains one of the trend leading indicator with Tenkan-Sen. Yesterday's price action triggered a "Doji" pattern which confirm indecision and uncertainty. As long as we hold above MBB, that should be seen as a constructive and consolidation price action calling for higher levels with renewed focus on recent...
H4 : Currently traded below both Tenkan-Sen and MBB. Moreover, the uptrend support line is under attack !ü Clouds support zone looks quite fragile. A failure to hold above the 36250-36000 area would direcly put the focus on lower levels towards, first 34'800 which is the clouds support area ahead of the congestion zone support @ 33800. ...
D1 : Yesterday's price action triggered a Bearish engulfing pattern. Intraday recovery failed to upside breakout the downtrend line resistance which remains an important area to clearly break which if done, would confirm further upside. 36130 (Tenkan-Sen) remains, as already mentioned several times in my post one the main leading indicator. 34400 ( MBB ) is the...
D1 : From the peak around 42'000, 3 successives black candles confirmed a trend reversal ! More important Tenkan-Sen, which I mentioned several times, should be seen as the leading indicator is tested and under attack A failure to recover and hold above it would trigger further downside selling pressure, openning the door for the 32000 area (32151...
D1 : Very impressive price action Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680 H1 : Watch MBB , ST bullish above and ST bearish below M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly...
BINANCE:LENDBTC esta probando el soporte del tenkan en el gráfico diario una vez mas, pero esta gran divergencia alcista es posible que sea lo que se necesita para continuar con la tendencia que lleva hasta ahora, el objetivo sería revisitar el pico creado recientemente. Entrada: 0.00002933 Objetivo: 0.00003833 SL: 0.00002736 Momento™ no proporciona...
On the 4h candle chart, we can see the range of candles is very narrow along the small decreasing channel, showing the some sort of consensus around the price of the VIX. We can see the RSI also evolves in such a channel. If the pattern would come to break, the VIX would probably come to test the Senkou Span B ($50) of the Kumo which is one of the strongest...
I identified a strong buy signal on the 4h and 1h chart after testing the support formed simultaneously by the Tenkan and the Kijun. Target is the resistance formed by the SSB and Kijun on the 4h chart. Buy signal is confirmed by the RSI that has made a great bounce over its neutral zone on the 4h timeframe. Please note this bounce occurs in the context of an...
Having a look here into the AUD/NZD, technically I see a major key level @1.05454 where wave 5 will initiate its long as wave 4 comes to a close. My key level here is located at the high of wave 1, which wave 4 cannot violate if this Elliot Wave analysis is to be validated. If the Key level is broken, I expect my 'Buy Zone' area to react as a strong support...
The 3D cloud tenkan metric has acted as resistance since August. Price showed signs of breaking above this level over the past few days but is now showing signs of rejection. This metric has sent price down over the past few months and based on the 3D cloud alone it seems we may be heading towards another down move.
The cloud edge support on the 12H is slowly beginning to fail as support around 6.5k. Price needs to remain above this level in order to head towards the opposite cloud edge target at 7.1-7.2k. The tenkan is now above price which will also act as resistance. Things are looking meek for the bulls until we can pop back over the tenkan and remain inside of the cloud.
Descending triangle portraying lower highs and support is being tested multiple times @0.75173, meaning when support level is broken, a breakout may occur. Although there was a previous false breakout where support was broken and price retraced back up. If price does break again a SELL STOP trigger line is set @0.74374 for confirmation of downtrend. My validation...
Analysing with Ichimoku clouds has given me the impression bearish sentiment is going to continue on this pair. Strong sell signal from a bearish kumo twist and kumo breakout, labelled in the chart. A TK death cross has also appeared following the kumo break out. Recent low is at 1.28863. My fibonnaci level show price has violate the 50.0 mark and will continue to...
The graph is self-explanatory and it is commented on the main aspects of the operation using Ichimoku strategy. Additionally, if we look ADX + DI , Di+ is bearish and it confirms the strength of sellers. ====== Buy: As explained above. This is not an exact price but an event. Take-profit (short term): ~ from 17.5 to 18.35 Take-profit (medium term): ~from 19.0...
Upper resistance getting thin on ICON as we head into the next run for crypto. Low risk trade with clear targets and bigger ones ahead. Ichimoku confirms low risk on this trade. Key levels below. Key levels: 0.000616, 0.000707, 0.000849
ETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone....