Looking at the monthly chart of Bitcoin with the Ichimoku cloud it is showing signs of much blood ahead on the bigger picture. Every rally will be filled with lower lows until no one talks about crypto :) that is when the bottom will be in. - I have changed the way I am going to analyze the charts now. I will start putting text boxes to where I am talking about...
That's it?! 80% is all we are going to get in this macro Fool's rally. As we look at the Ichimoku Cloud it is showing an overall bearish sign for Ethereum.. which is not good at all. Just know when you hear your friend talking about this next rip up... SELL - Where I have the thumbs marked by the green line (Lagging Span) I believe is the key indicator. If you...
Looking at TSLA's chart with the Ichimoku Cloud it looks bearish. The cloud has a fairly thick cloud which tells me TSLA is going to have a tough time breaking through to the upside. -The white arrow I have placed on top of the red line (Kijun Sen) is showing the price of TSLA is in the middle between the red and blue line (Tenken Sen). I believe we push up...
As we look at Solana on the 2 hour chart with the Ichimoku Cloud we see Solana is struggling to hold above the cloud. This is not a good sign for the bulls as if see where my white arrow is pointing at.. that is the resistance mark where Solana is struggling to break right now. If we do not break this cloud we are going to see more downside.
Looking at Bitcoin on the 2 hour chart with the Ichimoku Cloud we can see a clear break through resistance. I have marked that resistance with a yellow line across the chart. Bitcoin's next stop should be where my white arrow is pointing at. I would say around 18.1k we see Bitcoin push too before falling.
Looking at Ethereum with the Ichimoku Cloud we can see an uptrending channel. This has happened many times before and can happen again so we have to be aware of it... This could just be a sharp fool's rally. Keep an eye on $1,325. If we crack through we should keep pushing. -The white arrow I have pointed at a resistance mark I believe where Ethereum can be...
Apple has been the safe haven for many years... but with tech and the overall economy coming to a decline we are seeing many stocks breakdown including AAPL. As we look at the chart with the Ichimoku Cloud we see price has broken down below the cloud and has actually sustained below the cloud for the last couple 4 hour candles. That is a bearish sign for AAPL. I...
If the SPY does not break $403 we could be in for more pain. Looking at the Ichimoku Cloud we can see price is above the cloud, but we are under the blue line (Tenken Sen). We can see the price bouncing off the red line (Kijun Sen) acting as support. Usually in an uptrend with the cloud you will see price hit at least the blue and red line and even the green cloud...
Looking at Solana on the 4 hour chart with the Ichimoku Cloud we see Solana is in a downtrend and will continue until at least $12.95. I am still bullish overall, but looks like this is a situation where you have to buy dips all the way $18. Where I have my white arrow marked above the cloud shows that the price of Solana is under all indicators and is telling us...
Looking at the 4 hour chart Bitcoin is showing some signs of bulls coming in. The Ichimoku Cloud shows Bitcoin above the cloud where I have my white arrow marked. The other white arrow pointed up to the lagging span is showing signs of reversal also. If we are to break back down into the cloud I think we will continue to fall.
As we zoom in more on Atheneum's chart we start to see more and more bullish... or maybe just a fake-out? Based off of what the Ichimoku Cloud is giving us I believe we will see more upside as price has broken above the cloud which means reversal is coming. Also I have white arrows pointed to those indicators that tell me signs of reversal are coming. - The White...
Looking at the daily chart of NFLX we see the Ichimoku Cloud is showing us signs of an uptrend. As price is above the cloud we can see the green is on top of the cloud and the red is now on the bottom. For NFLX to continue this trend we need to see it bounce of the green lines of the cloud... As we did not hold the red line (Kijun sen)... It is now expected for...
Looking at the daily chart of Solana with the Ichimoku Cloud, we can see that we are very oversold.. this doesn't mean the bear market is over once we get this strong bounce we are looking for.... but I believe we will see mid $18's before another push back down.
WOW.... Ethereum is actually so boring to watch now. Looking at the daily chart we see it is stuck in a forever lasting descending triangle. Also, I have added a new indicator that I think is very useful and that is the Ichimoku Cloud. This cloud is telling us that Ethereum still is in a downtrend and has strong resistance at the cloud where the green outlines the...
-Looking at the Weekly chart we can obviously see it is in a major down trending channel and we will see more downside if we are to break the yellow trend line. - The blue lines draw represent the overall macro bear market Ethereum has been trading in since Nov 21'. - This is scary to see because this macro bear market could last for years.
-Wave 4 was very boring and long but is now over as we have breached through resistance and the high of Wave 3. -Wave 5 should take us over $411.
-Solana has had a strong push from the bottom and just might be showing signs of a bottom. - We need to watch the support line I have drawn at $12.48. This line needs to hold or we are headed to the $9 range. - I would not be a buyer right now as we need to see a pullback to the critical line and HOLD.
As we continue to see ETH push, which was expected if you look back at my recent post on the fool's rally. We now have to decide if this is the fool's rally or are we actually breaking out.. For this to be a fool's rally this move from the "bottom" that happened in the summer would have had to be a bigger Wave 3 ( I have listed in white) at the bottom where Wave 3...