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Heikinashi

1D ICX setup using Ichi, HA candles and TrendMasterBullish * TK Cross * HA bullish signal candle printed via TrendMaster Reservations * TKx—weak signal strength as we're under Kumo still * Bearish Chikou till we get a break out and above from price 26 periods ago * Bearish Kumo Future Idea contains possible paths for Chikou as well. After going through past price resistance, it will encounter Tenkan and then Kijun. Still learning Ichi. Please do let me know if you have any tips, etc. Constructive ones are the best. Thoughts? Thanks
BINANCE:ICXUSD
by cryptotaku
WAN consolidatingObservations: * Noticing how Chikou is also a good indicator of past SR levels (along w/ flat levels in the Kumo) * Would be great to know how to test for a breakthrough or false breakout (rejection) * Price has a strong signal when Tenkan makes a sharp right turn through the EMA cloud. Tends to be a bullish continuation in price action. * Vice-versa if Kijun does it instead—price is weak. Tends to be bearish (short term), as price would most likely go get support from Kijun. * Kijun tends to resets to the bottom or right-side of the EMA cloud when its a bullish trend; vice-versa Still new to Ichi, please have patiences and understanding. Feel free to chime in with constructive feedback is something is off. Thanks
BINANCE:WANUSD
by cryptotaku
NANO ETH 4H consolidatingNoticed something w/ the Kijun (base line) in the EMA cloud of the TrendMaster system: * Tries its best to stay within the EMA cloud * Sharp right turn or horizontal movement, usually signals consolidation/retracement * More often than not, fractal prints on the FOMO'd candle (full white candles in this case, with a red down arrow) * The closer its to the bottom/right-side of the EMA cloud, a good indication that some support has formed—keeping price above/outside of the EMA cloud potentially, increase price higher on an uptrend (vice-versa, lower w/ a downtrend) Thoughts and/or more insights on this? Thanks
N
by cryptotaku
Looks like ETH has hit bottomEthereum's price action looks to be bottoming out at a psychological support of $430. Heiken ashi is showing a possible trend reversal in the next few hours. While from our oscillators we have a divergence from MACD and a much stronger one from RSI. Bollinger Bands are also showing a weakening trend by price consistently failing to hit lower band. We very well could be in for a trend change on ETH. As a trader, I would recommend waiting for a more confirmation such as price breaking the upper resistance band on high volume or MACD to cross center line. Either way, rest of the day looks green for ETH if it can maintain current support level.
COINBASE:ETHUSDLong
by cryptofanatic09
WTI Crude Oil Excellent opportunity for WTI Crude OIL Here is what can become an excellent opportunity, one of those I prefer. A nice double maximum in daily reached with extreme precision. The graph to which I refer in this analysis is a 4h and shows very clearly how in area 66.70 there is a double maximum for oil. On these occasions, immediately within short placing no stop loss just above R1 and a first target in S1. As I have repeatedly explained in my analysis, my entry is not unique. I usually build a position in a market with multiple entries. Entering 65.73, for example, I start to build my position that I will strengthen if I had to get closer to R1 while keeping the same SL in order to take full advantage of the rebound. I will strengthen this position further if the daily gives me another bearish signal like that of a Heikin Ashi Bearish or a short signal from the EMA10. However, the opportunity is now really interesting, there was also a spike on R1, so I start to build my short operation.
TVC:USOILShort
by CloudAut
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