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50 EMA is giving us a golden cross at the 200 EMA.
Bullish Future Sentiment, Price action, and TK Cross looks to be a good catalyst to help us breach the 210 Day Downtrend line. Just waiting on the Chikou Span line to pull through the clouds to...
VEN is looking great with 3 of the 4 signals bullish, and the chikou span pulled into the clouds. Waiting for it to bull above the clouds to confirm true break out. Some good resistance at 53.8k that could prevent it, but volume looks really good so far.
Are people really panicking right now? $BTC is still on a uptrend unless we close below the last Bear Fractal at 7806. Lots of support before that and it's been a great sign that we closed in the cloud. Hold your positions and don't get shaken out.
ICX has seen a nice rise in price over the last few days, and showing future bullish sentiment. Yet at the same time volume is decreasing, the Stoch RSI is overbought, and we don't have a Bullish TK Cross yet.
Currently hitting horizontal resistance and not likely to close above today. If we do we are looking at more resistance not much further ahead.
Signal 1: Bullish Sentiment
Signal 2: Bullish Price Action above the clouds
Signal 3: Bullish TK Cross
Signal 4: Neutral Chikou Span is stuck in the clouds but above past price action
We broke the short term trendline right where the Bullish TK Cross happened and had a nice little breakout. This has caused the 50 and the 200 EMA to start moving closer towards...
Attempting to get a Bullish TK Cross and starting to break through the clouds. Kumo Twist is not very defined but starting to show bullish future sentiment. Large volume spikes are a good indicator that this may continue it's way up. Just need a strong close above the 200 EMA
Bullish TK Cross and Future Sentiment
If we close above these resistance lines we are looking pretty bullish.
If looking to go long set your stop loss under the support line with the bear fractal.
Very strong support there from the Clouds, EMAs, and Chikou resistance line.
All 4 Signals are Bullish. Stoch RSI looks ready to break towards the upside. May get resistance from the Tenkan at 10714 or the line above at 10964.
If we break towards the downside VERY strong support would come from the Kijun, 200 EMA, and Senkou Span A all arranged perfectly at the 50% retracement. Would be very bullish to bounce from here. Not likely to drop...
All 4 signals still Bullish. A drop under 9k though will be hard to recover from and likely to push us through the thin clouds into bearish territory.
Very close to getting Bearish TK cross but if doesn't dip much further and some consolidation might not happen.
Will need a steep rise after this expected short term bear action to pull above the...
DGD has 3/4 signals Bullish. Waiting on the Bullish TK Cross which if it happens in bullish territory is a very strong signal.
Clouds are very thin so if we don't see much momentum then could easily plunge back under.
Below average volume for this hour and middle of the road RSI could help push this up if we see some good buy volume.
All 4 signals on the 3D chart are still bullish, but we are dangerously close to getting a Bearish TK Cross.
The 1D chart has all 4 signals Bearish and hitting resistance.
If we cannot close on the 1D chart above the resistance we are likely to come down and test the 55EMA around 10964 which is also a support level on the 3D chart. If this support is breached...
Only 1 out of 4 signals are Bullish. RSI is pretty much in the middle. If we close above the Kijun-sen could be a Kijun Bounce, but more than likely to come down and get support from the chikou span line.
If we re-enter the cloud it could be a nice edge to edge cloud trade before hitting the resistance at the top and coming back down.
Looks like we are about to get a nice Kijun Bounce and Golden Cross from 55EMA and 200EMA
Kijun-sen line always shows a 50% retracement and when you get a bounce typically states that the MM's pushed who took profit at the top pushed the price down low enough to stop people out and buy back in there.
Kijun bounce is a nice entry point if you set your stop losses...
VEN starting to get resistance from past price action. All 4 Signals are BULLISH and we just started getting the Bullish sentiment in the future after the Kumo Twist. This dip in the last two candles is healthy and should help us move through the resistance.
RSI is cooling off and has been going down while the price continues to go up. Likely to become oversold...
All 4 signals of the Ichimoku Clouds have confirmed each other to be Bullish. We pulled up above the 200 EMA to hit strong resistance at 1164 and couldn't close above it. RSI was overbought at the time so we came down and bounced off the 200 EMA and gained support from the Tenkan-sen Line. Price action also gave us a new support level from the valley of the Chikou...