AUDUSD correction time; RSI/BBAND/STOCH/HAIKEN ASHIInstructions:
1)The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal.
2) Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone.
3) The Forex Stochastic Oscillator (Stoch) helps identify buy and sell moments based on comparing the current price with the price range over a specific time frame.
4) In addition, I use Heiken Ashi candles, which help to see the trend in a smoother and smoother way.
Intervals:
D1:
1) RSI under level 30
2) Price bounced off the Bollinger band
3) Stoch under level 30 and green line (buy) is dominating
4) Haiken Ashi still red so we can wait
H4:
1) RSI under level 30
2) Price bounced off the Bollinger band
3) Stoch under level 30 and green line (buy) is dominating
4) Haiken Ashi green candle is building
H1:
Conclusions:
Based on the analysis of the RSI, Bollinger Bands, Stoch and the Heiken Ashi candles, it appears that the AUDUSD asset may be at a turning point.
Stop Lose:
Under the top of the Bollinger Band +10/15pips. SL will be set at break even after a 10/15pips gain.
Ashi
USDJPY correction time; RSI/BBAND/STOCH/HAIKEN ASHIInstructions:
1)The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal.
2) Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone.
3) The Forex Stochastic Oscillator (Stoch) helps identify buy and sell moments based on comparing the current price with the price range over a specific time frame.
4) In addition, I use Heiken Ashi candles, which help to see the trend in a smoother and smoother way.
Intervals:
H1:
1) RSI near the 70 level and the indicator is falling
2) Price bounced off the Bollinger band
3) Stoch above 80 and the sell line (red) is on top of the buy line (green)
4) Red candle Haiken Ashi
Notes:
Additional confirmation will be the red Haiken Ashi candle on the H4 interval.
Conclusions:
Based on the analysis of the RSI, Bollinger Bands, Stoch and the Heiken Ashi candles, it appears that the USDJPY asset may be at a turning point.
Stop Lose:
Above the top of the Bollinger Band +10/15pips. SL will be set at break even after a 10/15pips gain.
What is Heiken Ashi and how to use it?Are you looking for a new way to analyze the markets and identify trends? Heiken Ashi is a powerful charting technique that can help you do just that. It provides traders with an easy-to-read visual representation of price movements that can be used to make more informed trading decisions. In this blog post, we'll cover what Heiken Ashi is, why it's so beneficial, how to read the candlesticks, when to use it, and offer tips for trading with it. With this knowledge, traders can use Heiken Ashi to take their trading to the next level.
Definition of Heiken Ashi
Heiken Ashi is a charting technique used to identify trends and smoothen out price fluctuations. It was derived from the Japanese candlestick charting techniques, and it is based on open, high, low and close prices from the previous session. When these prices are averaged, they form Heiken Ashi candlesticks which can be used to analyse market movements. The colors of the Heiken Ashi candlesticks are determined by the relationship of the current open and close prices compared to the previous session's open and close price. If the current open price is greater than or equal to that of the previous session, then a green or blue candle will appear on your chart; conversely if the current open price is less than that of the previous session, then a red or yellow candle will appear. By using this information traders can make informed decisions about when to enter and exit positions in order to maximize profits. Heiken Ashi also helps reduce volatility in comparison with regular Japanese candlesticks as it takes into account both recent and historical information when plotting candles. This allows traders to see a clearer picture of what’s going on in their chosen markets without being overwhelmed by too much noise or irrelevant data points. Additionally, since Heiken Ashi plots values over time rather than simple one-time snapshots like traditional candlestick charts do, traders can use this information to better predict future trends in their chosen markets. Overall, Heiken Ashi is an incredibly useful tool for any trader who wants to accurately identify trends in their chosen markets and make more informed trading decisions based on real-time data analysis. By leveraging its capabilities traders can gain insight into market movements more quickly and accurately than ever before.
Benefits of Heiken Ashi
The Heiken Ashi charting technique is a valuable asset for traders of any skill level. It can help investors easily identify trends, smoothing out the price action to offer a clearer picture of the market. This strategy is especially useful in range-bound markets, where it can signal when trends are likely to change direction.
Heiken Ashi also assists in identifying potential entry points with greater accuracy by recognizing patterns earlier on. In volatile markets, this technique can be even more beneficial as it helps traders prepare for sudden price movements before they occur. By combining Heiken Ashi with other strategies such as Fibonacci retracements and Elliot Wave Theory, traders have a better chance at predicting market direction and making sound trading decisions for increased profits.
Overall, Heiken Ashi's ability to smooth out price action and recognize potential entry points gives investors an advantage in their chosen markets that unassisted candlestick charts cannot offer. With its multitude of benefits, traders of all levels may find this tool very advantageous when trying to achieve success in their investments and trades.
How to read Heiken Ashi Candlesticks?
Heiken Ashi candlesticks are constructed using open, high, low and close prices from the previous session. The colors of the Heiken Ashi candles indicate whether the current open and close prices are higher or lower than the previous session’s open and close price. Red/black Heiken Ashi candles indicate a bearish candle, while green/white Heiken Ashi candles indicate a bullish candle. If the red/black candle is followed by a green/white candle - this indicates an uptrend, while if the green/white candle is followed by a red/black one - it indicates a downtrend.
The Doji candlestick is another type of Heiken Ashi candle which occurs when the opening and closing prices of a session are equal to each other - this typically indicates some indecision in the market. When trading with Heiken Ashi, it is important to always be aware of support and resistance levels as they can help you identify potential entry points in your chosen markets. Support levels occur when there is enough buying pressure to push prices back up after they have dropped below them, while resistance levels occur when there is enough selling pressure to push prices back down after they have risen above them. A break of either support or resistance could signal an impending trend reversal, so traders should always pay attention to these levels when trading with Heiken Ashi.
Finally, traders should also be aware that false signals may appear on their charts due to lagging indicators like moving averages or oscillators; therefore it's important to use additional strategies such as Fibonacci retracements or Elliot Wave Theory in order to confirm any potential trade opportunities before entering them into your chosen markets. With this knowledge about how to read Heiken Ashi candlesticks combined with other strategies like Fibonacci retracements or Elliot Wave Theory, traders can make more informed decisions when trading with Heiken Ashi.
When to use Heiken Ashi?
When it comes to trading with Heiken Ashi, timing is key. The Heiken Ashi technique can be used to identify trends and trend reversals, allowing traders to make more informed decisions about when to enter or exit the markets. It is especially useful in volatile and ranging markets, where traditional analysis techniques may not provide enough information to accurately predict price movements.
Heiken Ashi candles can also help traders identify entry and exit points. By looking at the color of the candles, traders can determine whether a trend is likely to continue or reverse. For example, if the most recent candle is red, indicating a bearish trend, then this could signal an upcoming reversal in price. Similarly, a green candle indicates that the current bullish trend may continue for some time longer. However, it’s important to remember that Heiken Ashi signals should only be used as part of a larger trading strategy; they should not be relied upon alone as they do not always accurately indicate future market direction.
Many traders use additional indicators such as Fibonacci retracements or Elliot Wave Theory in combination with Heiken Ashi candles for even more accurate signals. When combined with other analysis techniques such as support and resistance levels or moving averages, Heiken Ashi can provide valuable insight into potential entry and exit points in any given market. Additionally, traders should pay attention to volume when using Heiken Ashi candles; if there is an unusually high volume on a particular day this could indicate that there are larger players at play who may influence future market direction.
Finally, it’s worth noting that although Heiken Ashi works on all timeframes from one minute up to monthly charts, it tends to be more accurate on longer timeframes such as daily or weekly charts due to its smoothing effect which reduces noise from shorter-term fluctuations in prices. Ultimately however which timeframe you choose depends on your personal trading preferences and goals; so experiment with different settings until you find something that works for your particular situation.
Tips for Trading with Heiken Ashi
Using Heiken Ashi in trading can be a great way to identify and take advantage of market trends. Here are some tips for using Heiken Ashi in trading:
Utilizing Trend Lines: Utilizing trend lines is an important part of trading with Heiken Ashi. When the candles begin to form a pattern, traders should draw trend lines to better understand the direction of the market. These trend lines can help traders identify potential entry and exit points, as well as any potential stops that need to be set.
Pay Attention To Color and Direction: Traders should pay close attention to changes in color and direction of the Heiken Ashi candles. When there is a change in color or direction, this could be an indication of a potential reversal or continuation of a trend.
Multiple Time Frames: Using multiple time frames can help traders get an overall picture of the trend they are looking at. For example, looking at both daily charts and hourly charts may give traders an idea of whether current trends will continue or if they have reached their peak.
Risk Management: Practice risk management when trading with Heiken Ashi. Risk management includes setting stop loss orders to protect against possible losses due to sudden price movements, utilizing proper position sizing according to your current account balance, and keeping emotions such as fear and greed out of your trading decisions.
Setting Stop Loss Orders: Setting stop loss orders can help protect against unexpected losses due to sudden price movements. By setting these orders ahead of time, it allows traders to minimize their losses if the trade does not work out as expected.
By following these tips for trading with Heiken Ashi, traders can use this technique effectively when making more informed decisions about their trades.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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 55 days and is about 0.2% wide and about to reverse. The various lines confirm a downtrend situation. As anticipated in the previous analysis, price was moving toward the Kumo and is now within it, indicating a situation of extreme uncertainty.
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:
In recent weeks, as anticipated, the situation has turned downward with considerable uncertainty. The Heikin Ashi are awaiting the price trend and the price is inside the Kumo.
It is possible to find a sideways/rebass ABC pattern indicating the following levels: E 25298, V 25514, N 27151, NT 29604.
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
PacWest - Bollinger Bands breakouton 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30 min. Was able to achieve target defined with almost 14% gain. Closed the trade as per candle confirmation (hammer candle formed at the bottom - which gave upward confirmation to closed the trade.
Bitcoin Quarterly Time Pattern A chart can help frame your mindset for whats to come and I hope this chart and outline below helps you frame and prepare yourself to the 9 bull quarters remaining (over 2 years of waiting ahead or 27 months).
I used the Heikin Ashi candles as visually I found them better at inflection points for determining the trend change from bear to bull (5th to 6th Quarters).
Main take aways from this chart
- MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November.
- There are 4 years between all time highs so we project next ATH Quarter will be Q4 2026.
- 5 Bear Quarters are followed by 11 Bull Quarters.
- We are in the 2nd Quarter of an 11 Quarter Bull Run. Patience required.
- We have never seen just one green Heikin Ashi Candle so we can expect another relatively green quarter in Q3. This is saying a lot and is not the expectation. That does not mean that we could bounce off the Q2 lows of $23,190. Regardless probability Q3 would
finish green (based on history) is high despite BEAR NEWS. No guarantees, just more probable based on the chart. In contrast, the weekly candles look like they could in fact turn over to the red, however we are looking at the Quarterly chart and even with some
weekly red candles Q3 could still be Green.
All Time Highs on this quarterly chart are all in late Q4 and 4 years apart.
December 2013 - $1,258
December 2017 - $19,789
November 2022 - $32,210 to $68,675 (Fib Ext 1.618 to 2.618)
November 2026 - $109,781 to $176,000 (Fib Ext 1.618 to 2.618)
AGAIN!!! The MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November.
Patience Friends
PUKA
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
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
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
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
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
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
AUDJPY LONGGoing into the new week, we can expect AUDJPY to continue on its overall bullish trend.
Currently there is consolidation on the 1hr timeframe but just wait for break and retest of resistance for entry to target 9300.
Using Heiken Ashi chart, I identify 'Doji" and "Engulfing candle" on each timeframe for stronger confluence.
Short BTC if you want to become a burger.Throughout BTC's history, two monthly Heiken Ashi green candles have been followed by a red candle only three times. Two monthly Heiken Ashi green candles have been followed by a green candle six times, in BTC's history. There is twice the odds that next month's BTC candle is green. Couple that with other analysis that I have done in the past and next month being is high probability.
Remember, people are McD Burger's secret ingredient. Don't be a burger!
Trade Divergences with a 100% chance of winning
Welcome to the coffee shop everybody this is your host and baristo eric. By this time everybody knows how to see and plot divergences on your chart. The one thing that I fail to see in a lot of people is to give you a winning solution or strategy on how to trade divergences after you've found them. The answer is in your algo and how the RSI moves against its own pivot levels.
Now that may sound confusing to you but if I show it to you in a video it'll come to you very easily so in today's video I'm going to show you how to trade after a Divergence and where to take your profit.
Weekly Analysis BTC via IchimokuGood 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 51 days and is about 9.9% wide. It has been up since the last analysis and always flat. In the short/medium term, the situation is now bullish/lateral: price is above Tenkan and Kijun. Tenkan and Kijun are flat on the same level.
The Kijun Trend indicator now indicates looking for long positions, which changed from last week.
Heikin-Ashi:
The Heikin-Ashi confirms the bullish movement of the past week.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan.
- 25000.00 Fibonacci
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 23700.00 Chikou cusps and flat zones of Kijun and Tenkan
- 21200.00 Chikou cusps and flat zones 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 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.
Hosoda waves calculated on a new ABC pattern representing the sideways momentum shows the following price levels on the waves: 24160 (N), 20202 (NT), 26010 (E) and 27158 (V).
From a fundamental point of view, the challenge between FED and Markets continues, where despite the promise to raise interest rates, the stock market is still up. This week also includes the FOMC meeting and MoM data.
It is important to assess the price close during the week on the following price structures:
- Rizalist: 25000.00-26101.00
- Bearish/Lateralist: 23100.00-22440.00
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
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 44 days and is about 9.9% wide. It has expanded further since the last analysis and but has flattened out. In the short/medium term the situation is bearish: price is below the tenkan, the tenkan is moving below the kijun. In the long term it's sideways/ bullish. In addition, the price, if it stays on this level, could enter the kumo again. There is uncertainty though.
The Kijun Trend indicator now indicates looking for short positions.
Heikin-Ashi:
The Heikin-Ashi confirm the strong short- and medium-term bearish movement.
Supports and resistances:
- 25000.00 Fibonacci
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 23700.00 Chikou cusps and flat zones of Kijun and Tenkan
- 21200.00 Chikou cusps and flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 19100.00 Fibonacci
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 bearish/lateral and very uncertain.
Hosoda waves calculated on an ABC pattern representing sideways momentum shows the following price levels on the waves: 24160 (N), 27700 (NT), 25621 (E) and 25421 (V).
From a fundamental point of view, we are waiting for inflation and retail sales data. Also, Paxos was attacked by the SEC in connection with BUSD, which brought further distrust to the Crypto market. This ties in with the fight against staking in the U.S., as with the Nexo platform.
It is important to assess the price close during the week on the following price structures:
- Bullush: 22400.00
- Bearish/Lateral: 21300.00.
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased.
- BTC Dominance: Increased.
- Price of BTC: Decreased.
- Alt cycle expectation: Collapsed.
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
This Mix of Tools May Make You More Fearless When Trading AIREven with relatively high volatility, the use of the two Gann Fans and Fibonacci along with MACD indicator - which I normally don't like to use - based on Heikin Ashi log-scaled chart proves to be quite powerful to capture the behavior of AIR price.
On the daily chart, the area between 11.52-106.42 is the target after that AIR breaks below the ascending channel. Also, the previous swing area between 102.32-101.68 is the next bearish target if a further breakdown would occur.
On the flip side, a break above the upper 3/1 and the lower support line of the channel may set the area between 121.20 and the upper 4/1 as the next bullish targets.
I would appreciate any opinion concerning this analysis :)
Weekly Analysis BTC via IchimokuGood 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 37 days and is 8.5% wide. It has expanded further since the last analysis and Senkou Span A is looking upward. The situation is always bullish/lateral on the long term but on the short term it's a bearish momentum: the price is below the Tenkan.
The Kijun Trend indicator always indicates looking for long positions.
Heikin-Ashi:
The Heikin-Ashi confirms a strong short-term bearish movement.
Supports and resistances:
- 25000.00 Fibonacci
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 23700.00 Chikou cusps and flat zones of Kijun and Tenkan
- 21200.00 Chikou cusps and flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 19100.00 Fibonacci
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.
Hosoda waves calculated on an ABC pattern representing sideways momentum shows the following price levels on the waves: 24160 (N), 27700 (NT), 25621 (E) and 25421 (V).
From a fundamental point of view, we are at an interesting time with respect to inflation, where bond market yields are rising and there are thoughts of increased aggressiveness by the FED.
It is important to assess the price close during the week on the following price structures:
- Rizalist: 23700.00-24400.00 and Tenkan.
- Bearish/Lateralist: 22400.00.
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: 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