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
Cycle
BTC/USD Just comparing % with the fall in 2013-2015I just compared the % with the fall in 2013-2015.
A structure that is currently being formed on a large time frame in a secondary trend. Logarithmic graph.
Percentages are retained for clarity, as in 2014-2015.
Earn money in the market does not allow banal greed. Almost everyone suffers from this disease. Therefore, your freedom from greed gives an unthinkable superiority over the patients of the “devil”.
Secondary downtrend. 2013 – 2015
Percentage price reduction from key areas. "Removal of Passengers"
Secondary downtrend of 2013-2015 and super “takeaways” in it. Then the pedestrian goes sideways (accumulation)—with similar “discharges of extra passengers." Pay attention to the % reduction and zone. The “terrible prices” of which after the cycle were the price of dreaming of "more than one stream of hamsters."
The market shapes people's behavior. What is displayed on the price chart.
Never try to catch highs or lows, work in parts. Disconnect from the majority controlled mindset of society.
Main trend. Line chart. Logarithm. Term 1 month
BTC/USD Secondary trend cycles and BTC halvings.
The same, but on a candlestick chart.
BTC/USD Main trend. % Secondary Trend Highs
Secondary trend (part). Work zone.
BTC/USD Secondary trend (part). Local work.
The basis of profit/loss is who you are here and now. Your knowledge and experience are projected onto the graph. The symbiosis of these two parameters, implemented in practice, will earn or lose money.
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
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 65 days and is about 2.5% wide. It has risen since the last analysis but has shrunk a lot. The situation is getting more and more uncertain: price has entered the Kumo and in the short term there is a sideways/ bearish momentum while in the long term there is still an uptrend.
The Kijun Trend indicator now indicates looking for short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish movement of the past week.
Supports and resistances:
- 29800.00 Chikou cusps and Kijun and Tenkan flat zones.
- 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 on a bearish ABC pattern, shows the following price levels on the waves: 22750 (NT), 21472 (N), 21444 (V), 20194 (E).
From a fundamental point of view, it is interesting to note that-despite the moment of uncertainty-U.S. equities closed the week on the upside while crypto-related assets are doing the opposite and are now on an important level for a retracement or continue the downtrend, also influenced by the liquidation of the Voyager fund.
It is important to assess the price close during the week on the following price structures:
- Bullish: 22750.00
- Bearish/Lateral: 22000.00-21200.00
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
EURUSD the long-term pic - My target 1.3-1.4I think it bottomed in 2022, and that Eurodollar futures are approaching end of cylce. Bounce will be supportive for the EURUSD. Bunds forming a wedge, turn down on US and BUND yields will make EURUSD bullish (rate differential) like in past cycles
Grega
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:
Kumo has been green for 58 days and is about 11% wide. It has risen since the last analysis and is looking slightly upward. The situation is still uncertain: on the short term there is downtrend, on the medium term there is laterality, and on the long term there is laterality/uptrend.
The Kijun Trend indicator now indicates looking for long positions, although price is at Kijun levels and yesterday could have signalled short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish movement last week and the touch of the Kijun, which instead with regular candles was overcome.
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 on an ABC pattern representing sideways momentum shows the following price levels on the waves: 26245 (NT), 22346 (N), 18447 (E), 17452 (V).
From a fundamental point of view, the week generally closed with a sign of weakness in the markets despite the fact that equities closed slightly higher, while BTC closed a down week in anticipation of a potential recovery. In general, U.S. employment data are positive but U.S. GDP is not.
It is important to assess the price close during the week on the following price structures:
- Bullish: 24400.00-24800.00
- Bearish/Sideways: 23300.00
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
AUDIO : THE DCA CYCLE COIN THAT ARE ABLE TO RUN $2 USDwe made since today a new study on the DCA coins that have a cycle with the possibility to increase the coming time for the year 2023.
We found out that AUDIO has a high chance to increase to targets of $0,66 and in a better trend way to a high target of $2 USD.
This coin shows a pattern of increase depending on the study, further it shows a DCA trend that could bring this coin into new breakouts.
We will follow this coin and see how far it can go.
For the short term, AUDIO is at a point where it can break out to $0,31 into short term.
This update is a view for 2023
The market can go up and down, but it's about the general view, and that is that this coin has a high chance of breakout in the coming time.
a real cycle coin comes always with a strong increase back also when it breakdown with the main market.
My thoughts about BTC bottoming Last several years I've been using many tools to analyze, and try to take advantage of opportunities in terms of long-term market structure on BTC .
One of the main tools I really like to use and came with the most reward so to speak, is a specific Fib level. It proved to read with a very good probability the potential bottom of BTC ( especially BTC ) on the higher timeframes.
As you can see on the chart, each cycle has a corresponding fib plotted which starts at the H and goes to the L of that particular cycle. The fib levels presented are only 2, with the green one being the "default", and the gray one being a secondary, only touched once, after a crisis-like moment in 2011. I believe this year we will be seeing it again, so the chart plots both levels and my expectation is that the bottom would be somewhere inside the range of $8K to $13K by end of Q3 2023. The projection coincides with a potential additional drop of the stock market this year, and the overall macroeconomic conditions we are living through.
We will see how things play out, but I am building confidence on the usefulness of these levels.
Gme looking good
Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track.
Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
2023-2024 Forecast - from Dow Jones 2000-2002 dot com RoadmapThis is a chart of the Dow Jones 2000-2002 dot com bubble market overlaid on the Australian share price index, but really, this Dow Jones market could be laid upon a number of U.S. indices and you would still find a high level of correlation.
The forecast dates are unlikely to align. The overlaid will need to be pushed and pulled forwards a backwards by a number of months to achieve 1, 2 or possibly 3 'best-fit' potential outcomes.
The major low is generally more likely to aligning with a secondary low (a low just before or after the major low), or possibly one of the highs between the lows.
IOTX Could Enter Top 40 RANK OF COINS 2023 🌠$0,10 FIRST TARGETIOTX is currently ranked 117th on CoinMarketCap, and depending on our study, it could rise to the top 40 . The Internet of Things is a major trend that is set to revolutionize the world in the same way as Artificial Intelligence. IOT can become with time very important, and IOTX plays a big role in its development.
TA technical analysis
We know IOTX as a coin that has unexpected increases as we saw before, and it's a coin that can go against the trend of BTC .
Last time, we observed a trend in IOTX that seems to indicate an increase. Technical analysis of IOTX is also suggesting further growth.
The Internet of Things can play a crucial role in the future, especially when combined with what IOTX is currently developing and will continue to develop in the future.
Expecting Targets
Depending on our algorithmic trading including the trend and volume study we expect that IOTX is able to break the coming time to $0,10 as an important target.
The big question and that's also the reason for this update, is whether IOTX going to show a huge increase that we did not see before since the last developments. and when we say higher increase we mean a NEW ATH?
We make our trading decisions based on the data and analysis we have done, and our analysis shows a high chance of success, we expect that IOTX may rank in the top 40 and reach a new all time high.
Right now, our focus is on reaching the $0.10 target, We have seen the full effects of 2017 and 2021 on coins, IOTX may be one of the coins that could show a significant increase in the coming time.
I hope you did enjoy reading this content, thank you for reading.
TRXUSDT using trigger on 8hr and 20 min Trigger .62704 Was testing my trigger out on a 8hr and came across this crypto,. The move is beautiful and is ready to pop. Lots of pop potential. Still waiting on the Volume to spike above avg to set off my trigger. If it does it could be a nice run. I also Lined this up with the same trigger on a 20 min.... fractal large and small time frames lining up what else could you want.
by iCantw84it
01/20/23
Daily Checklist Before The Market Opens | Jan 17 2023Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 6.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 88.68-84.06
🛸Buy UFOs: 79.16-77.10
3️⃣Options IV: 38.19%
🚀Daily Expected Move: ±1.92
🚀Weekly Expected Move: ±4.23
🚀Monthly Expected Move: ±8.81
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 13 out of 5.84
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1890.9-1869.3
3️⃣Options IV: 16.37%
🚀Daily Expected Move: ±19.70
🚀Weekly Expected Move: ±43.36
🚀Monthly Expected Move: ±90.26
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 7 out of 5.37
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.250-102.770
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.79%
🚀Daily Expected Move: ±0.57
🚀Weekly Expected Move: ±1.24
🚀Monthly Expected Move: ±2.59
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 8 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 25147.5-23122.5
🛸Buy UFOs: 17395.0-17185.0
3️⃣Options IV: 118.05%
🚀Daily Expected Move: ±1477.99
🚀Weekly Expected Move: ±3253.65
🚀Monthly Expected Move: ±6773.02
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Jan 16 2023Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 6.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 88.68-84.06
🛸Buy UFOs: 79.16-77.10
3️⃣Options IV: 38.19%
🚀Daily Expected Move: ±1.91
🚀Weekly Expected Move: ±4.21
🚀Monthly Expected Move: ±8.77
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 13 out of 5.84
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1890.9-1869.3
3️⃣Options IV: 16.37%
🚀Daily Expected Move: ±19.79
🚀Weekly Expected Move: ±43.57
🚀Monthly Expected Move: ±90.69
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 6 out of 5.37
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.250-102.770
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.79%
🚀Daily Expected Move: ±0.57
🚀Weekly Expected Move: ±1.24
🚀Monthly Expected Move: ±2.59
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 8 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 25147.5-23122.5
🛸Buy UFOs: 17395.0-17185.0
3️⃣Options IV: 104.98%
🚀Daily Expected Move: ±1393.88
🚀Weekly Expected Move: ±3068.48
🚀Monthly Expected Move: ±6387.56
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Fourth HalvingSometime in early Q2 of 2024 the Bitcoin network will experience it's fourth supply cut,
Economically I am seeing rapid cooldown of inflation with month over month inflation currently sitting at -0.10 month over month
5 year forward expectation rate of inflation as of today is currently sitting at 2.16 only 16 basis points away from 2% target
in my opinion inflation should level off in about 1 and a half months from now maybe around end of Q1
but in the immediate term we are also facing a debt ceiling crisis where the debt ceiling will need to be raised or suspended by the end of next week.
additionally short term government bonds are yielding higher than the long term government bonds
specifically the 2 month is yielding higher than the 2 year bond
the situation is an inverted yield curve during a liquidity crunch
therefore in my opinion this places Bitcoin in a 2015 situation and I expect long term logarithmic growth
and the occasional aggressive parabola
***Not financial advice always do your own research educational purposes only under the right of fair use***