Cloud
4HR Ichimoku Beckons4HR Ichimoku Cloud signals a new opportunity for this pair.
Keeping it simple, the metrics have aligned.
- Bullish Kumo twist
- Price is above cloud
- Bullish Tenken-Kijun cross
- Lagging Span breaching top of cloud
- Candles formed HHHL
- Kijun and Ten-ken are angling up, a signal of momentum.
- Cloud direction is also upward.
First target I see is at 0.256859. Where we had previous major resistance, and a prolonged cloud flattening.
Remember;
- Keep an eye on bearish Kumo twist on the daily chart.
- Reload at & as support levels form/confirm; i.e Ten-ken, Kijun & Cloud.
- Massive-sudden Btc 0.81% drop will invalidate this set up.
- Use a trailing stop loss.
Defender of the Cloud on the WeeklyAs I posted yesterday, Defender of the Cloud is on. Target for end of week is ~$9k. Sound crazy? Just look back every time btc touched the weekly cloud. BTC is coming into this cloud HOT (fast and downward) so it's no surprise we saw the violent move up today, in an attempt to save the nosediving plane. Should be a glorious couple of weeks. Enjoy it while it lasts.. Check out my yesterday's chart for more details.
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Bitcoin BTC - The End is Nigh or To The SkyOverall view of Market direction using the weekly to foresee possible exit/rise positions.
Break of Weekly 50MA is worrying as has been years since this was the case.
Rapid rise during Nov/Dec gave little chance for supports to be established under $5800 and would worry most investors if the possibility arose.
1st July (which may see action early, due to 20th June Cboe Ftuures expiry/27th June CME Futures Expiry) will be decisive as Trend Line (dashed blue line) which has been a resilient support during entire crash, its actually been the saving grace & would be concerned if broken, meets the Ichimoku cloud (years since been broken). Direction is dependent on current fight between bulls/bears @ $7900 & where the markets heads leading into this timespan.
Manipulation on speculation of Futures at the end of the 2017, I believe rose the price from $2000 - $20000 so it would be feasible that if funds are removed in range under $5800 due to risk would add pressure downwards (would exchanges "allow" BTC to get to these prices?) ....cause I worry Volume not setting mean reversions as we are back on low 24HR BTC - 4Bln
Sharp price action rose BTC to $10000 at the start of April from $6600, so again this should be taken as possible support bottom which seems again would need manipulation to impede further downward pressure.
Would love to see Positive news...which should come in the short term, whereas Weekly chart poses that BTC has a decision that will eventually provide forward direction, my previous analysis showed $10000 July so lets hope for little wins up to that point.
BTC is seeing some tough times , so I should write this:
***Education Purposes only***
Defining Moment for bitcoin on the weekly cloud analysisWow, to say the next few weeks are EXTREMELY important for bitcoin is an understatement. If we fall through the weekly cloud, it would be a cold, long winter. Either way, BTC should climb up the side clawing and scratching for the next month just like it did in 2014, for more than 55% gain, before it broke through the cloud and officially entered the bear market.
[ADBE] Leading Tech Stocks out of the Correction!Correction? Not for Adobe! Ahead of the curve on the same breakout setup as other names like MSFT and CSCO.
ADBE has the story, the ideas, products, etc. for the digital future.
+ Tech?
+ Software?
+ Cloud Integration?
++ Digital Media?
++ Barrier to Entry?
- Overdone Media Attention?
Adobe's been crafting their monopoly on digital media production tools by packaging, improving, and adding products to their most well known suite, Adobe Creative Cloud.
Instead of going on and on... just think, the word Photoshop is equivalent to saying Photo Editing as Kleenex is to saying Tissue and most people don't even know what Photoshop is!
They have a pseudo-monopoly on digital media production and online marketing tools for professionals and teenagers trying to be funny on Twitter.
Bitcoin drop to 7k before bounce up into 10K+After the rejection at 10k I believe we could be heading back to the 7k range and finish filling out the triangle. Price is holding above the 12 hour cloud so there's also the possibility price consolidates over the cloud and then breaks downward through the kumo twist and down to 7k. Depending on if we enter the 12 hour cloud I might take a short position. If price holds I will short after a move towards the kumo twist. If this happens and price bounces at 7k, I am very optimistic about price as it should break the triangle upwards. Something is definitely in progress with bitcoin but it is hard to say exactly what and this was my thought after looking for a while but feel free to leave other ideas or different scenarios.
[CSCO] Strong Tech Name Looking to break Resistance at ATHCisco, it's got the story. It's got the upcoming earnings .
Besides the technical charts showing strength, it's attractive and I'm surprised I haven't heard a lot of news coverage given earnings coming up.
CSCO 0.72% has the cloud thing going on, it's got the telecoms aspect in a digital way that integrates with its cloud and enterprise solutions. Having that sort of niche-type aspect of cloud solutions seems solid since the competition isn't coming from broader Cloud players like AMZN 0.98% , GOOGL 2.87% , MSFT 1.18% , etc.
Intensive focus on a niche-(ish?) areas in the future of tech is always a buy for me. AAPL 0.70% has been doing the same thing since the 80's without giving a damn about all the people saying that the company is dead if they don't branch out.
“People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are... Innovation is saying no to 1,000 things." - Steve Jobs
[MSFT] Strong Tech Stock Looking to break Resistance at ATH!Similar breakout setup to CSCO and ADBE.
Adobe's leading out of the triangle, I suspect both MSFT and CSCO are gonna follow suit in strong way.
MSFT's an all around solid company, not much to say other than they have huge influence on the sector and aren't failing to innovate. Azure Cloud platform is challenging Bezos' cloud at AMZN, the Windows OS will be fueling growth for a long long time, and they're always getting into new areas of expansion by building on top of the core Windows products.
Fitbit: an AI and IoT Play - This is the Cheapest it's Gonna GetFitbit's value isn't just in its wearables.
It's in its data and cloud connectivity.
Fitbit's had a good run with its line of functional, stylish activity trackers and health monitors. Customers can choose between classic trackers, a few smart watches, and even smart headphones and weight scales - with a large selection of accessories to mix and match throughout the product line.
But that's only taken Fitbit so far - in the case of its stock price, down massively into the single digits since 2016.
Fitbit's stock has been adrift in the single-digit doldrums for a long time now. But believe it or not. . . This is the cheapest Fitbit is ever going to get.
Why? Because Fitbit is making its foray into its next big space, its next supreme endeavor - health monitoring, big data, electronic medical records, and cloud connectivity.
On 4/30/18 Fitbit announced it is partnering with Google's Cloud Platform to facilitate its entry into the data and I.o.T (Internet of Things) of healthcare. Real-time biometrics, new and innovative application use and creation, population health analysis, and more will form the meat-and-potatoes of Fitbit Health Solutions - Fitbit's initiative to use omnipresent real-time and stored data and analysis to achieve positive health outcomes with mass health monitoring.
Visionaries and forward-thinkers have been talking about the burgeoning field of biometric sensors and health monitoring for a few years now. Fitbit and Google look to be the mainstream facilitators and operators in this new space of healthcare. And we all know humanity's two concurrent life-changing revolutions - AI and blockchain - will be a big part of this.
The technicals are nicely supporting the story. The stock has been in the $5-$6 USD range throughout 2018, and a case could be made for an inverse head-and-shoulders bottom printing since February 2018 to today (though it might be just range noise); but with volume relatively low, we may only just now be at an inflection point - the big moves and big money are probably a little ways out as Fitbit's brand-new endeavors prove themselves throughout the rest of the year and into the next and beyond.
Fitbit could be at a massive discount with huge money to be made longer-term.
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Thanks again!
See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
Not a Top, AI Immergence, Microsoft Run to $121 this Summer. . .I wouldn't believe it myself if I wasn't writing about it, but MSFT still has some room to run.
Microsoft's story and technicals favor upward movement these next few months.
Thanks for lending your attention!
MSFT is printing an ascending triangle with previous highs in the upper USD $97's, but when price breaks up those levels won't provide much resistance - more on that later.
For now, let's talk about Microsoft's direction as a company. CEO Satya Nadella understands the importance of Web 3.0 and 4.0 and sees the immediate future of computing lies in cloud services, Infrastructure as a Service (I.a.a.S) systems, and Internet of Things (I.o.T) technology and connectivity.
In Q4 2017, Microsoft was already taking market share from the undisputed giant in the space - Amazon Web Services (A.W.S) - with their initiative to expand and improve their Azure cloud platform. Microsoft is pushing efforts to recruit development talent to Azure and onboard more users with improvements and expansions of the platform.
Nadella and Microsoft also understand the revolutionary implications of Web 4.0 and what role AI will play in a "smart Internet". Data and connectivity will be king as AI systems facilitate the wholesale immergence of automation into the human experience, and Microsoft's decision to steer initiative away from products like Windows and into projects like AI development will pay off as automation and I.o.T become a part of everyday life just as Microsoft's operating systems became a part of everyday life back in the 90's.
Shifting focus to the technicals, MSFT is tracing an ascending triangle that is approaching an apex. Price moves follow compressing ranges, and the direction is looking up. The chart shows high volume on the dips in the triangle, indicating buyers are scooping up what they perceive as cheap shares.
Looking way back on a monthly chart, we can see similar price action in 1999 to what we see so far in 2018 - and that means we may not be at a top just yet.
Mimicking 1999's chart would mean bad times long-term, but in the short-term would mean a run in price over the summer and possibly through the end of the year with prices putting in a top sometime in the next few months. I believe this price action meshes well with MSFT's endeavors - shifting focus away from Windows and into I.a.a.S and Azure as well as AI, automation, and I.o.T technology. This shift may put pressure on stock price in the next couple years, but in the short-term, Microsoft might have a relative top ultimately 25%-30% higher than today's prices.
Microsoft could be cheap right now given historical price action, current technicals, and the overall story of the company. I believe Microsoft hasn't put in its highs of the year just yet; the summer and fall could see MSFT in the USD $120's.
I'm still bullish on certain sectors and certain stocks, but in the world's precarious geopolitical and financial environment, I keep some puts on the market and recommend traders and investors alike be prepared for a transition into a bearish paradigm. Be ready for sudden drops in the market. Let profits run, look for good stories and charts, but don't be afraid to take some off the table if you've got good numbers on paper.
Please like, follow, and share, and maybe we can have fun and do great things together.
Thanks again!
See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
Bitcoin BTC - The Way Out BTC again entering the Ichimoku cloud which although seems to be weakening, the thickness strength & 200MA are adding pressure downwards towards the path of least resistance, so without Volume (Both 24hr BTC/MC 33% drop and counting) trader's wont be likely to have the price action to break the cloud.
Ichimoku appears to be consolidating sideways so its quite conceivable the support crossover will be the most likely position for the reversal trend upwards, not to say attempts to break the cloud wont be made before this point but they will require Volume, large price action due to level of resistances. There is evidence of a herd (Korean Alts, new announcements, social trends) so a possible push through Fibonacci (0.618), although the likelihood is it will be rejected without purposeful price action.
Take notice of the trend line with the 200EMA as support below to ramp up volume and push through Fibonacci (0.618) up towards the physiological $10000
Flat top of the Cloud shows large resistance $11700, $12500 & again at $13000, shorts will occur, don't get caught, accounting for this it seems quite a journey ahead.
Buyer seem to have control atm but short term supports has the price encircled within range of $8800 - $9200. The bullish signal of the price making a clear break through of the cloud of resistance will be the beginning of the long awaited uptrend should begin.
BTC is seeing some tough times , so I should write this:
***Education Purposes only***
GBPJPY For A Buy To 153.00OANDA:GBPJPY
As its continuing as an uptrend, GBPJPY has the potential to reach 153.00 by tomorrow. It broke 152.50 as it looks like it wants to rise up. In addition, Thursdays are usually a final day in the market to trade good clear setups. To check the days for Forex pairs volatility, Tradecaptain is highly recommended. According to Tradecaptain, GBPYJPY has the highest day of volatilty for Thursday. You must be on the lookout for price at 153.00 as this is a 50 pip move for those entered at 152.500.
tradecaptain.com
Accumulating Altcoins Part V: Siacoin (SC/BTC)Soon we will see this baby close in the cloud. TK cross about to happen, but most likely in the cloud which is a neutral sign.
BUT..... Edge to edge trade opportunity. Flat Kumo at the top, thick cloud. Once prices closes within the cloud there is a great chance that price will go straight to 350 sats (that's your target folks).
STOP LOSS: 208 sats (Kijun Sen)
Accumulating Altcoins Part VI: Factom (FCT/BTC) - Edge to edgeWeak bullish TK cross, Close in the cloud. Target is the flat kumo line. 0.0051 BTC.
100% profit guaranteed.
The Quiet Giant: Is A $192 Future Still In Play?IBM has a lot of understated, misunderstood, visionary initiatives under its belt starting last year. The name is no longer what it used to be, but IBM has pivoted before under Lou G. and it can definitely do so again if given time and proper execution. There is a small, but powerful minority that will always root for this stock and that will help propel it on any good momentum or guidance. If IBM continues to soak up and lean into the initiatives that it's begun to focus on with cloud, enterprise, AI, supercomputing and more relevant topics, then there is no doubt new management will be able to slowly, but surely transform this old behemoth into a powerful titan with new, relevant skin.
Short term, and perhaps for the year, a $175 price target is easily attainable with good, stable guidance and matched targets. With beats, positive market sentiment and sustained FY '18 guidance that has been reiterated already, hitting $180 is doable. Hitting that magical $192 level would be frosting and cherries on top of having already gotten back to 2015 levels. Expect IBM to be a serious contender at that point.
LTC nears Kujira Cloud Void/Intersection on 15m Chart.LTC seems to be going through some healthy consolidation. Litepay news hasn't move the price up despite recent launch. And on the 15 minute chart there is something going on. Pop in the Kujira Cloud v2 Indicator and check out the 15 minute chart.
STIMPY WHAT DOES IT MEEEEAAAN!?
SUB / SUBSTRATUMDowntrend being intensified by BTC rally. In about 5-10 days from now we should get back to bull trend in sub.
Now is proper time to start buying. Beta will come out soon + listing on robinhood 22feb = sub is gaining a certain momentum very very soon.
IOT/USD - long term trendline, Ichimoku Cloud lines crossover?Hello!
DISCLAIMER:
THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE.
I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS!
FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA!
We can see that IOTA has broken out of it's long term trendline, although the volume was not high which normally might not be a good sign. (Price up + Volume low = risky)
With the Ichimoku Cloud indicator we can see that the convergence line (blue) might soon cross the base line (red), which could normally be a weak bullish signal. Bullish because of the cross, weak because it is under the Ichimoku Cloud.
Let's see what happens in the near future.
DISCLAIMER:
THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE.
I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS!
FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA!