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Litecoin - $200 on the horizon: FRACTALHi Traders, Investors and Speculators of Charts📈📉 From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis : By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. The fractal we're looking at in turquoise happened around the same resistance zone that we're currently facing. Three bullish signs are: ✅ Consolidation under resistance zone / bullish ✅ Higher Lows - buyers are buying up dips ✅ Bullish Technical Indicator CryptoCheck START v3.5 Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase. Incase you missed it ! Here's yesterdays analysis on SOLUSDT : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:LTC BINANCE:LTCUSD.P BYBIT:LTCUSDT.P BYBIT:LTCUSDT BITFINEX:LTCUSDLONGS COINBASE:LTCUSD BINANCE:LTCUSD BINANCE:LTCUSDT KUCOIN:LTCUSDT KRAKEN:LTCUSDT
Long
by CryptoCheck-
53
SOLUSDT - As GOOD as it Gets BUY ZONEHi Traders, Investors and Speculators of Charts📈📉 Solana / SOLUSDT has some GREAT upside potential from this point, and SOL is no stranger to parabolic upside movements. We know this because: ✅ SOLUSDT Macro Cycle analysis shows Accumulation Phase ✅ SOLUSDT established a clear bottom with CryptoCheck START v3.5 RSI showing oversold ✅ SOLUSDT is currently trading rangebound AFTER bearish cycle has completed ✅ According to market cycle / phase analysis, the next step to follow is the bullish cycle ✅ Clear support zone & resistance zone -ranges can be identified by using Technical Indicators Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase. It may take some patience on the trader's side, but this is an ideal buy zone for the accumulation phase. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:SOL BINANCE:SOLUSDT BINANCE:SOLUSD COINBASE:SOLUSD BYBIT:SOLUSDT.P BINANCE:SOLBTC BINANCEUS:SOLUSD CRYPTOCAP:SOL.D KRAKEN:SOLUSD OKX:SOLUSDT.P
Long
by CryptoCheck-
42
ADAUSDT - Bottoms In, Bullish EngulfingHi Traders, Investors and Speculators of Charts 📈📉 ADAUSDT seems to have finally bottomed out at 23c or 21c, depending on the exchange you're using. This concludes the completion of the bearish Head and Shoulders pattern in the daily timeframe. After this long wick towards a major demand zone / support zone , there has been a bullish engulfing candlestick in the weekly timeframe which is extremely bullish for Cardano. We also observe a similar pattern playing out back in Feb 2020, when another long wick formed followed by a strong v-shaped recovery. This was the start of the next major bull run for Cardano. Is the bullish price action on Cardano as a result of the recent Hydra update? 🤔 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck __________________________ CRYPTOCAP:ADA BYBIT:ADAUSDT.P BINANCE:ADAUSDT BINANCE:ADAUSD.P COINBASE:ADAUSD BINANCE:ADAUSD OKX:ADAUSDT.P KRAKEN:ADAUSD BINANCE:ADABTC
Long
by CryptoCheck-
48
ETHUSDT Reaching for $2K and BEYOND📈Hi Traders, Investors and Speculators of Charts 📈📉 Ethereum has made a clear turnaround to the upside after a successful retest of support zone $1600 and we observe some additional bullish price action on the ETHUSDT chart: 👉 Lower Highs / Chart- and Trendline Analysis 👉 Double Bottom Candles / Candlestick Analysis 👉 Strong V-Shaped Recovery - Chart Analysis 👉 Buy from Technical Indicator / TA Analysis The most likely next stop for ETHUSD short-term is the psychological resistance zone of 2K and then beyond in the near-term, possibly around $2300. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck BITSTAMP:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD INDEX:ETHUSD BITFINEX:ETHUSD KRAKEN:ETHUSD CRYPTO:ETHUSD BINANCE:ETHUSDT BYBIT:ETHUSDT COINBASE:ETHUSDT
COINBASE:ETHUSDLong
by CryptoCheck-
27
All alts with this Chart Pattern will fly. Being Accumulated.My previous post on Bitcoin was wrong. Despite seeing a hidden bearish divergence signal, they sometimes appear falsely at bottoms when reversing. While looking at alts, I noticed this about them. Zooming in to hourly time frames (I got several points of confirmation, including increase in volume with price jump) that all alts with this pattern are being heavily accumulated. This is ground zero of the alt run. You need to buy all alts with this chart. Right. Now.
COINBASE:BATUSDLong
by frosty4321
2
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been red for 26 days and is 4.2% wide. The various lines confirm a downtrend situation and we are below the Kumo, going towards the Tenkan Weekly. The already bearish momentum has been further exacerbated by the lawsuit to Binance by the SEC. The Kijun Trend indicator now indicates looking for short positions, now since May 9, 2023 Heikin-Ashi: Instead, the Heikin-Ashi is communicating uncertainty to us, as we are still inside the Kumo and certainly today's day pushed the price towards the lower end of the Kumo. Supports and resistances: - 28900.00 Chikou cusps and flat areas of Kijun and Tenkan - 27800.00-27900.00 Chikou cusps and flat zones of Kijun and Tenkan - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: For the past month the situation is bearish, today after the announcement that the SEC has sued Binance, it has led to fear in the markets, generating a candle at the moment of about -5.5%. There are several allegations: first of all about the fact that some coins are considered as securities(e.g. BNB, BUSD, SOL, SAND, FIL, ADA, MATIC, COTI, ALGO, ATOM, MANA, since they can be staked to generate annuity) and therefore need a license to be managed, non-compliance with the ban towards US users and some suspicious transactions carried out by CZ and on the management of clients' funds. In contrast, Binance has defended itself by rejecting allegations that it maneuvered customer funds and that it has always cooperated--from the creation of binance.us--with the SEC and thus points to the allegations as unjustified. It is possible to find a sideways/rebass ABC pattern indicating the following levels: NT 29230, N 26655, E 24080, V 23296. It is important to evaluate the price close during the week on the following price structures: - Bullish: 27100.00-28700.00 - Bearish/Lateral: 24800.00-28155.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - Dominance of BTC: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Why I'm Bullish on XRP: EXTRA for ExpertsHi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 If you have been following for a while, you'll know I have strong feelings for XRP. (just kidding), but I do believe in the fundamental arguments for XRP, as I have pointed out many times in the past on the videos. But unfortunately, as it goes with XRP, the price hardly moves... Today I take a deep dive into the charting, and explain why I believe upside is finally on the horizon for XRP from a technical perspective. Tomorrow I'll update with an XRPBTC view as well as a technical indicator analysis. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P KUCOIN:XRPUSDT BITFINEX:XRPUSD BINANCE:XRPBTC BINANCE:XRPBUSD
Long
by CryptoCheck-
37
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: The Kumo has been green for 41 days and is about 13% wide and is starting to tighten, especially the Senkou Span B is getting lower. The various lines indicate a downtrend situation with a sideways bias. Price has broken the Kijun and is approaching the Kumo and Tenkan Weekly, Tenkan and Kijun have crossed to the downtrend. The Kijun Trend indicator now indicates looking for short positions. Heikin-Ashi: The Heikin-Ashi confirm a downtrend memento, also there Kijun and Tenkan are crossing downward. Supports and resistances: - 32150.00 Fibonacci - 30350.00 Chikou cusps and flat areas of Kijun and Tenkan - 30000.00 Psychological threshold - 29800.00 Chikou cusps and flat zones of Kijun and Tenkan - 27950.00 Fibonacci - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation has changed a lot since the last analysis, where the Heikin Ashi presents a series of red candles and the next support is the Kumo itself. It is possible to find a sideways ABC pattern indicating the following levels: V 23400, E 25215, N 29015, NT 32815. It is important to evaluate the price close during the week on the following price structures: - Bullish: 28700.00 - Bearish/Lateral: 26500.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - Dominance of BTC: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 34 days and is about 12.9% wide. It has widened and is now flat. The various lines indicate a general uptrend situation with a momentum of long-term laterality and a short-term retracement The price today touched the Tenkan and in less than 2% could touch the Kijun. The Kijun Trend indicator is looking for long positions. Heikin-Ashi: The Heikin-Ashi confirmed with today's candle a retracement. Supports and resistances: - 32150.00 Fibonacci - 30350.00 Chikou cusps and flat zones of Kijun and Tenkan - 30000.00 Psychological threshold - 29800.00 Chikou cusps and flat zones of Kijun and Tenkan - 27950.00 Fibonacci - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish after crossing the psychological threshold of 30000.00 and it is now in a retracement. It is possible to find a sideways ABC pattern indicating the following levels: V 23400, E 25215, N 29015, NT 32815. It is important to evaluate the price close during the week on the following price structures: - Bullish: 30387.00 - Bearish/Lateral: 29400 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Increased. - Alt Cycle Expectation: Strong growth. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
🔥 Bitcoin Dominance Falling: Alt-Season Finally Starting?In my most recent analysis on BTC.D I wrote that we were at an important resistance area. We would either blast through the resistance, and continue the Bitcoin-only bullish move, or we'd see a reversal where alts would start to outperform Bitcoin by a large margin. As seen on the chart, BTC.D has seen a reversal from the top resistance area. This has given alts, especially ETH, more room to grow. I'm not entirely sure whether we're going all the way back down towards the bottom support, but at least we can get a couple of weeks with better alt returns? For now, I'm assuming that the decline in Bitcoin dominance is temporary, so let's enjoy the alts while it lasts.
CRYPTOCAP:BTC.DLong
by FieryTrading
8
ALTCOINS: Key Comparison Shows Altcoin Market Is Ready To FlyHello All, The market has had a great year! Everything has been playing out nicely. BTC has risen more than most & now we have ETH making yearly highs. Do we know what is next? ALTS! It has happened too many times in this order. (First bottom, then entire market bounces, then entire market corrects, then BTC outperforms along with some alts, then ETH outperforms along with some alts, then rest of alts catch up.) Everything now points to the idea that ALTS are about to run hard! In this idea, I am comparing the TOTAL crypto market cap (BTC & ETH & all others) to the altcoin market cap (excluding BTC & ETH & stablecoins). As we can see, the altcoin market cap has been severely lagging behind the total crypto market cap (mainly because of BTC & ETH outperforming). The total crypto market cap has just fully cleared its August 2022 swing high. Altcoins are nowhere near there yet! As seen with the orange trendline drawn, when TOTAL broke over it, it has rallied straight past the 200MA and onto its first HTF higher high! Altcoins just broke this same orange trend line! Next up is the 200MA and then the August 2022 swing high. This seems like a high conviction play. Keep close eyes on your favorite alts. Thanks for reading! Please comment and like!
CRYPTOCAP:TOTAL
by traderview2
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 28 days and is about 10.8% wide. It has widened and is looking upward. The various lines indicate a general uptrend situation. The Kijun Trend indicator indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirms the bullish momentum with no shadows below. This points us to some market strength. Supports and resistances: - 32150.00 Fibonacci - 30350.00 Chikou cusps and flat zones of Kijun and Tenkan - 30000.00 Psychological threshold - 29800.00 Chikou cusps and flat zones of Kijun and Tenkan - 27950.00 Fibonacci - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish after crossing the psychological threshold of 30000.00. It is possible to find a bullish ABC pattern indicating the following levels: NT 27892.34, N 29876.78, V 31169.78 and E 31867.22. It is important to assess the price close during the week on the following price structures: - Bullish: 30387.00 - Bearish/Lateral: 29300 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 20 days and is about 6.3% wide. It has widened and is stable. The various lines indicate sideways/downtrend on the short term, uptrend/lateral on the medium and long term. The Kijun Trend indicator now indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirm bullish momentum but we observe wide shadows on the Tenkan and just above, still indicating a sideways momentum. Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan - 27950.00 Fibonacci - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00. Hosoda's N wave of the ABC pattern identified several analyses ago has been centered and is acting as the resistance. It is possible to find a bullish ABC pattern indicating a first V level at 31227.96, NT level at 33467.19, and N level at 35827.10. On the other hand, a lateral/ribassist one indicating NT at 29501.31, and N at 26824.77. It is interesting to see how BTC is recovering having closed a good quarter in conjunction with the problems in the traditional banking system. It is important to evaluate the price close during the week on the following price structures: - Bullish: 29500.00-29800.00 - Bearish/Lateral: 25000-26800.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Increased. - Expectation of Alt Cycle: Increased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: The Kumo has been green for 13 days and is about 6.40% wide. It has widened and is stable. The various lines indicate an uptrend momentum with a sideways bias in the long term and medium term. In the short term, however, the price is on the Tenkan, indicating a potential bounce or downtrend. The Kijun Trend indicator now indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirm bullish momentum and net of one red candle, the rest are green and away from the Tenkan. Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 24200.00 Chikou cusps and flat areas of Kijun and Tenkan - 23300.00 Chikou cusps and flat areas of Kijun and Tenkan - 21200.00 Chikou cusps and flat areas of Kijun and Tenkan - 20200.00 Chikou cusps and flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00. Hosoda's N wave of the ABC pattern identified several analyses ago has been centred and is acting as the resistance. It is possible to find two other ABC patterns: one bullish indicating a first level at 31134.30, another indicating a sideways movement where the N wave is at 24417.14 and the NT wave at 33736.10. From a fundamental point of view, it continues to be interesting to see more distressed banks and instead the strength of Cryptos, born precisely out of distrust in the traditional market. In general however, the FED continues to raise rates while the market is responding with a rebound in the stock market. It is important to assess the price close during the week on the following price structures: - Bullish: 28700 - Bearish/Lateral: 25000 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 6 days and is about 0.7% wide. It changes abruptly but is currently widening. After the bounce on the Kumo and the Kijun Weekly now the situation is generally bullish and the Kijun Daily is on the Tenkan Weekyl level. The Kijun Trend indicator now indicates looking for long positions, as anticipated the change was very likely and now the price is very far from the Kinun. Heikin-Ashi: The Heikin-Ashi confirms the rebound and strong bullish momentum. Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan. - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 24200.00 Chikou cusps and flat areas of Kijun and Tenkan - 23300.00 Chikou cusps and flat areas of Kijun and Tenkan - 21200.00 Chikou cusps and flat areas of Kijun and Tenkan - 20200.00 Chikou cusps and flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish. Considering the current pattern with point B at March 10 and calculated with point C at March 14, we have 28773 (NT) as an interesting level. From a fundamental point of view, it's interesting to see several banks fail and respective central bank bailouts. In general BTC was born as a response-in the times to-similar issues, this could be the motivation for the price increase. It is important to evaluate the price close during the week on the following price structures: - Bullish: 28700 - Bearish/Lateral: 25000 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle, we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been red for 4 days and is about 0.7% wide. It has turned red since the last analysis and is now very thin again and may cross again. It is interesting in general to see the bounce exactly on the Kumo and the Kijun Weekly Continued uncertainty as from the past week. In general, short term is bullish and bearish-lateral on the medium and long term. The Kijun Trend indicator now indicates looking for short positions, but today's candle has outperformed by a lot, so in two days it may return to looking for long situations. Heikin-Ashi: The Heikin-Ashi confirms the rebound Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 24200.00 Chikou cusps and flat areas of Kijun and Tenkan - 23300.00 Chikou cusps and flat areas of Kijun and Tenkan - 21200.00 Chikou cusps and flat areas of Kijun and Tenkan - 20200.00 Chikou cusps and flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish/lateral. Hosoda waves calculated last week on a bearish ABC pattern were touched: 22750 (NT), 21472 (N), 21444 (V), 20194 (E). Considering the current pattern with point B on March 10, we have 16376 (NT), 20827 (N), 25278 (E), and 28450 (V) as further levels. From a fundamental point of view, it is problematic the liquidation of Silicon Valley Bank, of the Fed's reassurances about it, as well as It is important to assess the price close during the week on the following price structures: - Bullish: 24400.00-24800.00 - Bearish/Lateral: 24000.00-22200.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1