Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 85 days, expanding (now at about 22%). The situation is more uncertain this week. Senkou Span A and Span B, Kijun and Tenkan are flat, indicating a sideways moment in the downtrend. Price is above the Kijun, indicating some appetite for recovery but still pegged to the same line.
The Kijun Trend indicator as of today indicates looking for long positions, although the indication is weak, considering that price is still very close to the Kijun, which also tends to move lower.
Heikin-Ashi:
For the week the Heikin-Ashi indicates an uptrend last week, which stopped only on Sunday.
Supports and resistances:
- 25000.00 by Fibonacci
- 22400.00-22600.00 Chikou cusp level or flat areas of Kijun and Tenkan
- 21001.00 from Hosoda waves
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20000.00 psychological threshold
- 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 16608.16 from Hosoda waves
- 10909.15 from the waves of Hosoda
- 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly.
Conclusion:
The BTC, after a week where it came to break the 22000 threshold at least with a high, has turned exquisitely bearish and presents a weak hint of a restart, which must be confirmed at least by the crossing of the indicated level.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned downtrending but price reached the longest EMA.
The Kijun trend is indicative of looking for long positions, but the Hosoda waves continue to indicate downtrend targets:
- V: 13356
- NT: 11377
- N: 7111
- E: 2845
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 22400.00
- Bearish: 19000.00
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
Ashi
Heikin Ashi Trading SetupBYBIT:BTCUSDT
Here I have shown a Heikin Ashi Trading Setup. I'm using forementioned candles, with smoothing, and a PMARP signal to confirm entry (Long or Short) positions.
For the PMARP I give full credit to Eric Krown and is linked in this published idea. I've adjusted the settings to give a cleaner look and to use only the relevant information.
Trading strategy is anchored to the chart, but here it is again:
STRATEGY RULES - Heikin Ashi Candles
LONG
Wait for BUY signal, then wait for candle to close
Next smoothing bar or 2nd should be BLUE
PMARP must be on OR above 85%
SL on bottom of bar before BUY candle
TP on SELL candle or first YELLOW candle
SHORT
Wait for SELL signal, then wait for candle to close
Next smoothing bar or 2nd should be YELLOW
PMARP must be on OR below 15%
SL on TOP of bar before SELL candle
TP on BUY candle or first BLUE candle
STRATEGY RULES - PMARP
Once candle chart prints a BUY signal, wait for PMARP to be on OR above the 85% line
Once candle chart prints a SELL signal, wait for PMARP to be on OR below the 15% line
This seems to work well in backtesting on lower time frames such as 5M, 15M, and 30M. I'm using this for scalping/day trading so haven't tested on longer time frames.
Good luck every *NOT FINANCIAL ADVICE*
350 $ETH in Early/Mid October. Weekly #heiken-ashi analysis.Based on previous cycles and more importantly the broader economic markets, ETH has the potential to reach 350 in October before stabilizing and then ranging through first quarter of 2023.
Q2 GDP will officially declare the recession that the US is obviously in. Bad earnings will drive all markets down, Oil/Natgas will still lead the way as long as there is an ongoing energy war.
Good opportunities to cost average down in ETH, or start to look at better alternatives like SOL and AVAX as good long term positions.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo has been red for 70 days, and the width is stable (now at about 23.18%). The Tenkan, Ichimoku's fastest line, indicates a bullish situation on the short term both in its direction and with respect to price. In contrast, all other lines indicate a general bearish situation. The scenario is always downtrend with sideways bias.
The Kijun Trend indicator always indicates looking for short positions.
Heikin-Ashi:
For the week, the Heikin-Ashi indicate an uptrend downtrend with "strong" green candles but with a smaller body than those that drove the price down.
Supports and resistances:
- 25000.00 from Fibonacci
- 23321.00 from Hosoda waves
- 22600.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 21001.00 from Hosoda waves
- 20000.00 psychological threshold
- 19100.00 level cusps Chikou or flat zones of Kijun and Tenkan
- 17082.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 16608.16 from the waves of Hosoda
- 10909.15 from the waves of Hosoda
- 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly.
Conclusion:
BTC continues to downtrend on the daily and weekly time frame. A strong downtrend is present with a glimmer of recovery considering the Tenkan..
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend and the opening is stable.
The Kijun Trend indicates the search for short positions. Price has reached the first target of the Hosoda Waves that we had indicated last week: 21001 and further downward waves have been created with the N target on 23221.
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 21001.00
- Bearish: 19100.00
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.
- Alt cycle expectation: Upward.
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 by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 63 days, getting thicker and thicker (now at about 23.39%). All lines continue to indicate a general downtrend. In the medium term, the Tenkan is flat. The scenario is always downtrend with the possibility of lateralization.
The Kijun Trend indicator always indicates looking for short positions.
Heikin-Ashi:
For the week, the Heikin-Ashi indicates a firm downtrend.
Supports and resistances:
- 25000.00 from Fibonacci
- 21001.00 from Hosoda waves
- 20000.00 psychological threshold
- 19100.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 17082.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 16608.16 from the waves of Hosoda
- 10909.15 from the waves of Hosoda
- 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly.
Conclusion:
BTC continues to downtrend on the daily and weekly time frame. A strong downtrend is present.
The well-known exponential moving averages often used in the Crypto market on the 200, 50, and 20 periods are aligned in downtrend at the opening.
The Kijun trend is indicative of looking for short positions. Price has reached the first target of the Hosoda Waves we had indicated last week:
- V: 21001
- NT: 16608.16
- N: 10909.16
- E: 5210.16
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish/Lateral: 21001.00
- Bearish: 19100.00
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 by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 49 days, compared to the previous week where it had tapered. Now it gets wider (now at about 16.18%). Almost all lines indicate a general downtrend. In the short term we note that the price is above the Kijun. Reading this in the overall context we notice though that the Kijun has plunged abruptly, repelling the price several times. So the scenario continues to be non-bearish anyway.
The Kijun Trend indicator always indicates looking for short positions. Since the price is on the Kijun it may change colour in the week.
Heikin-Ashi:
For the week the Heikin-Ashi indicates a downtrend although with indecisive candles.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from all-time high
- 66001.41 from all-time high of the Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly
- 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou
- 41200.00 from Ichimoku flat/cusp areas of the Chikou
- 39400.00 from Ichimoku flat/cusp areas of the Chikou
- 37000.00 from Ichimoku flat/cusp areas of the Chikou
- 35700.00 from Fibonacci
- 35000.00 from Ichimoku flat/cusp areas of the Chikou
- 33500.00 from Ichimoku flat/cusp areas of the Chikou
- 30300.00 from Ichimoku Flat/cusp areas of the Chikou
- 28700.00 from Ichimoku Flat/cusp areas of the Chikou
- 25000.00 from Fibonacci
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now between level 1 at 25000.00 and 0.786 on 35700.00.
Conclusion:
BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and the Kijun both daily and weekly fell abruptly, particularly on the daily this allowed the price to go above the Kijun. Therefore a bearish equilibrium situation is present.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend.
An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the low of 2022-05-12, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to keep in mind in case of a break or as a target.
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish: 31800.00
- Bearish: 28700.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: 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
XRP On the move!Hello friends,
Our system just gave us a signal for xrp. After examining the chart I saw that is holding for hours the support, the sar balls created a long support line that was unbreached, heikin ashi candles are bullish, price broke out of alligator jaw and dmi just did a crossover.
enter now , set up stop loss @ 0.3936
take profit on the next reversal sar ball or how you find convenient.
good luck
BEL Probably Starting TrendHello guys, I am back after a very long time. This is our first prediction, our signal was given few hours ago and already is up, please wait before enter. Looks like price is going to reverse and start a positive trend. If you enter soon go out when doji candle appear.
Follow me for more free signals and analysis!
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 35 days, getting even thicker than last week (now at about 17.64%), and continues to slope downward. The only flat line is the Tenkan, all others indicate a downtrend.
The Kijun Trend indicator always indicates looking for short positions.
Heikin-Ashi:
Throughout the week the Heikin-Ashi indicates indecision but still downtrend and price is attracted to the Tenkan.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from all-time high
- 66001.41 from all-time high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly
- 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou
- 41200.00 from Ichimoku flat/cusp areas of the Chikou
- 39400.00 from Ichimoku flat/cusp areas of the Chikou
- 37000.00 from Ichimoku flat/cusp areas of the Chikou
- 35700.00 from Fibonacci
- 35000.00 from Ichimoku flat/cusp areas of the Chikou
- 33500.00 from Ichimoku flat/cusp areas of the Chikou
- 30300.00 from Ichimoku Flat/cusp areas of the Chikou
- 25000.00 from Fibonacci
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now between level 1 at 25000.00 and 0.786 on 35700.00.
Conclusion:
BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and only the Tenkan is flat. The Weekly Kijun is falling abruptly.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are also lined up in downtrend and continue to fan out.
An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the 2022-05-12 low, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to consider.
From a fundamental point of view, we can always consider the correlation with U.S. equities in this inflationary situation, as well as aspects related to conflict and rising commodity prices.
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish: 31600.00
- Bearish: 29000.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: 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
$AAVE reached a 10% increase....but so whatGot word today that $AAVE was trading 10% higher than reflected of recent low.
Well DUH! THats why its called a "LOW". WHy not talk about it when it reached 2% or 7%? The problem i had with this editorial i read through was they completely failed to mention the almost 200% decrease in price. Half of which took place in just the last 10 days.
I mean if youre going to talk about a 10 percent increase in the price to wet the mouths of people in the $AAVE #Community, then at least tell them the FULL story.
So with that, Im here to tell you the full story AND give you some advice, as well as place a quick trade WHILE recording the video.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
The Kumo has been red for 28 days, gets even thicker than last week (now at about 14.32%) and is tilted downward. The Senkou Span B and the Kijun have flattened If last week so all lines were pointing downward now - on the long term - the situation presents a downtrend with a slight sideways bias.
The Kijun Trend indicator always points to the search for short positions.
Heikin-Ashi:
After a series of "strong" red candles, they are now red but present spikes. The situation is always downtrend and it will be interesting to assess the candle color at the end of the day.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from all-time high
- 66001.41 from all-time high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly
- 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou
- 41200.00 from Ichimoku flat/cusp areas of the Chikou
- 39400.00 from Ichimoku flat/cusp areas of the Chikou
- 37000.00 from Ichimoku flat/cusp areas of the Chikou
- 35700.00 from Fibonacci
- 35000.00 from Ichimoku flat/cusp areas of the Chikou
- 33500.00 from Ichimoku flat/cusp areas of the Chikou
- 30300.00 from Ichimoku Flat/cusp areas of the Chikou
- 28000.00 from waves of Hosoda
- 26100.00 from Hosoda waves
- 25000.00 from Fibonacci
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now on the 1 level at 25000.00.
Conclusion:
BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and only the longest are showing flat.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are also lined up in downtrend and are fanning out.
From a fundamental point of view we can always consider the correlation with U.S. equities in this inflationary situation.
It is important to evaluate the close of the week and during the week on the following price structures:
- Bullish: 31600.00-33600.00
- Bearish: 30390.00-29700.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- Dominance of BTC: Increased
- Price of BTC: Decreased
- Alt Cycle Expectation: Capitulation.
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
RSI lines super imposed ontop of one another for Indicator 2For my early trials with these mods chandelier exits and buy s as well as rsi lines as a two part analysis... i'm still not a seasoned veteran. But I can certainly tell how much more order i'm maintaining also 4 hours charts through one before forming any trends !!! Namaste y'all
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 14 days and getting thicker (now at about 6.5%) and all Ichimoku lines indicate a downtrend. Tenkan Weekly rises away from price nevertheless.
The Kijun Trend indicator always indicates the search for short positions.
Heikin-Ashi:
A series of particularly "strong" red candles continue below Tenkan.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from the all-time high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 41200.00 by Ichimoku Flat/Cuspid Chikou areas
- 39400.00 from Ichimoku Flat/Cuspid areas of Chikou
- 37000.00 from Ichimoku to Chikou Plains/Cuspid areas
- 35000.00 from Ichimoku Chikou flat/peak areas
- 33500.00 from Ichimoku Flat/Cuspid areas of Chikou
- 30300.00 by areas Ichimoku Flat/Cuspids of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
Fibonacci levels are still showing positive long-term sentiment and puts the 0 on the upside at 75000.00. But the price is moving towards the 0.786 level.
Conclusion:
The BTC is in a downtrend situation on the daily and weekly time frame. All lines confirm this.
Even the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are lined up in a downtrend.
From a fundamental point of view the war and the inflation dollar situation bring negativity to the markets.
It is important to evaluate the close of the week and during the week on the following price structures:
- Bullish: 39500.00
- Bearish: 3714.00
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: Marked Downtrend
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
27-APR-2022 - BTC in 3M timeframe with HeikinAshi candlesWhat will happen?
Of course noone knows.
However, if you look at the 3M timeframe to the past with #Heikin-Ashi candles and copy bars pattern (blue candles) from past cycle ... you get what you see on the screen.
If this happens ... we will see in a year or 2.
It's just potential scenario.
$TFII - Strong Bullish Turn - HA Morning All,
Strong Trend change on the Heikin Ashi candles for $TFII.
1. The Stock is OVERSOLD (see the RSI on the chart).
2. The Red candles length shortened before changing to green 2 days ago (MOMENTUM CHANGE INDICATION).
3. Yesterday's green candle was a strong/long length.
4. A previous resistance has become a support.
5. The company Financials are positive with good PROFIT and hit all EARNING targets Year on Year.
I am not a financial advisor, this information is for educational purposes only. Do your own due diligence before buying stocks.
Your Capital is at risk.
I bought @ 85.66
I will Sell @ 110
My Stop Loss is @ 79.50
Disclaimer
When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop.
DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU.
If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.