Get started

Hosoda

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 26 days and is 4.2% wide. The various lines confirm a downtrend situation and we are below the Kumo, going towards the Tenkan Weekly. The already bearish momentum has been further exacerbated by the lawsuit to Binance by the SEC. The Kijun Trend indicator now indicates looking for short positions, now since May 9, 2023 Heikin-Ashi: Instead, the Heikin-Ashi is communicating uncertainty to us, as we are still inside the Kumo and certainly today's day pushed the price towards the lower end of the Kumo. Supports and resistances: - 28900.00 Chikou cusps and flat areas of Kijun and Tenkan - 27800.00-27900.00 Chikou cusps and flat zones 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 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: For the past month the situation is bearish, today after the announcement that the SEC has sued Binance, it has led to fear in the markets, generating a candle at the moment of about -5.5%. There are several allegations: first of all about the fact that some coins are considered as securities(e.g. BNB, BUSD, SOL, SAND, FIL, ADA, MATIC, COTI, ALGO, ATOM, MANA, since they can be staked to generate annuity) and therefore need a license to be managed, non-compliance with the ban towards US users and some suspicious transactions carried out by CZ and on the management of clients' funds. In contrast, Binance has defended itself by rejecting allegations that it maneuvered customer funds and that it has always cooperated--from the creation of binance.us--with the SEC and thus points to the allegations as unjustified. It is possible to find a sideways/rebass ABC pattern indicating the following levels: NT 29230, N 26655, E 24080, V 23296. It is important to evaluate the price close during the week on the following price structures: - Bullish: 27100.00-28700.00 - Bearish/Lateral: 24800.00-28155.00 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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
1
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
by TheSocialCryptoClub
3
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
by TheSocialCryptoClub
1
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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
by TheSocialCryptoClub
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 30 days and is 7% wide. It has expanded since the last analysis and is now flat again. The situation is always bullish/lateral on the long term but on the short term the bullish momentum has stopped and the price is now below the Tenkan. The Kijun Trend indicator always indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirms the bullish movement. After compression now a candel is forming without a body but with a very wide range. Supports and resistances: - 25000.00 Fibonacci - 24400.00 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, but with a specific lateral/bear momentum. Hosoda waves indicate a new ABC pattern with interesting price levels on the waves: 21685 (N), 29254 (NT), 14124 (E) and 8695 (V). From a fundamental point of view, there is caution waiting for FED data and quarterly reports, particularly from technology firms. But over the long term, bullish sentiment remains. It is important to assess the price close during the week on the following price structures: - Bullish: 24400 - Bearish/Lateral: 22400.00 and the Tenkan. Altcoin Cycle: For Bitcoin Dominance and the Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - BTC Dominance: Increased. - Price of BTC: Decreased. - Alt cycle expectation: Dump. 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
by TheSocialCryptoClub
1
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 24 days and is 2.4% wide. It has expanded since the last analysis and is now flat. In concert the situation is always bullish/lateral. It is important to note that the price has bounced off the monthly Tenkan. The Kijun Trend indicator has been looking for long positions since January 10. Heikin-Ashi: The Heikin-Ashi confirms the bullish movement. There are many green candles with no shadow underneath. They have no shadow underneath but the body is compressing. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat areas 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 indicate a new ABC pattern with bullish targets on 21240 (N) and 28355 (NT). From a fundamental point of view, there is a lot of focus on inflation. The FED has confirmed a moderate approach to raising rates. Consumers have confidence and it brings a rise in indexes. However, to be monitored this week are the announcements on GDP, Personal Income and Personal It is important to evaluate the price close during the week on the following price structures: - Bullish: 24400 - 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: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decline. 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
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku Good start to the week, We resumed our weekly analysis. Let us look at a glance at 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 16 days and is 1.4% wide. It is thin and looking upward. In concert the situation is bullish. Importantly, the price has crossed the Tenkan and the weekly Kumo and is now on significant price levels. The Kijun Trend indicator has been indicating since January 10 to look for long positions. Heikin-Ashi: The Heikin-Ashi confirm the bullish movement. There are many green candles without shadows below. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20400.00 Kijun weekly - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 19100.00 Fibonacci - 18400.00 Tenkan weekly 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. The Hosoda waves indicate a bullish ABC pattern since Dec. 19, with targets at 17036.6, 19168.25, 20519.6, 21229.9, all hit by price. From a fundamental point of view, there is a lot of focus on inflation. Inflation expectations in the U.S. have fallen, and the pace of rate hikes by the FED is expected to be reduced. Consumers have confidence and it brings a rise in indexes such as the NASDAQ, weakening of the dollar and a rise in the BTC. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 21400.00-22400.00 - Bearish: 20400.00 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: Decline. 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
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week, 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 have developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 44 days and is stable (currently at around 5%). In concert the situation is bearish. Now the price is on the Kijun - which recently went below the Tenkan having lost the bullish move of mid-September in its calculation. As we note, the first major resistance is the Kijun itself. The Kijun Trend indicator continues to indicate the search for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish movement with several red candles without shadow above. Supports and resistances: - 25000.00 Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 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 - 17080.00Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from Hosoda waves - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan 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 for the daily timeframe. In addition, 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 a long-term negative sentiment and places the 0 downside at 25000.00. Conclusion: The situation is bearish. Hosoda waves indicate a bearish ABC pattern with targets at 20765, 19210, 17655, 17365. From a fundamental point of view, the war, the energy crisis and inflation still do not see a solution. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 20400 - Bearish: 18400 Altcoin Cycle: For Bitcoin Dominance and the 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
by TheSocialCryptoClub
2
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week, 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 30 days and is expanding (currently at about 9.8%). In concert the situation is bearish and slightly flat over the long term. Now the price is on the Tenkan so in a balanced situation on the short term. The Kijun Trend indicator continues to indicate looking for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish movement. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan - 17080.00level cusps Chikou or flat zones of Kijun and Tenkan - 12700.00from the waves of Hosoda - 11000.00-13000.00 level cusps Chikou or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. 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 a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from level 1 represented by 250000.00 Conclusion: The situation is bearish as all the lines indicate. Hosoda waves indicate an ABC pattern with targets at 17741.19, 22414.21, 27087.23, 27472.02. From a fundamental point of view, between war, inflation, and energy issues, the situation is not changing and the markets will probably not improve before these issues are resolved either. Etherium's move to PoS has also been received more as a "sell the news." It is important to assess the close during the week on the following price structures: - Bullish/Lateral: 21800.00-22400.00 - Bearish: 18773.00 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: Decreased fast. 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
by TheSocialCryptoClub
1
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 15 days and is in slight contraction (currently at about 4.75%). Ichimoku's configuration has changed a lot since the last analysis. In fact, the price has returned to the Kumo's entry levels, narrowly overshooting the Kijun, and with one candle violently broke the Tenkan-which it was awaiting to the downside. The Kumo of the present is particularly fine, but it has moved lower since the last encounter. The Kijun Trend indicator continues to indicate looking for short positions, even as price stands slightly above the Kijun Heikin-Ashi: The Heikin-Ashi confirm the strong bullish movement of the price: three green candles with very wide body and no shadows below have brought the price inside the Kumo and-at this time-precisely on the level of the Kijun. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan - 17080.00level cusps Chikou or flat zones of Kijun and Tenkan - 12700.00from the waves of Hosoda - 11000.00-13000.00 level cusps Chikou or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. 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 a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from level 1 represented by 250000.00 Conclusion: After touching the 18500.00 area, the price had a major uptrend to the Kumo and Kijun levels, where it is now lateralizing. Hosoda waves indicate a downward ABC pattern but with some upward targets, thus interesting price levels are: 22641.73, 21632.5, 19567.02, 17501.54. From a fundamental point of view, there is a lot of uncertainty considering the FED's struggle with inflation, the energy crisis in Europe, and the Russian-Ukrainian war. It will be interesting to see the effect on the crypto market of Ethereum PoS. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish/Lateral: 21800.00-22400.00 - Bearish: 21000.00 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
by TheSocialCryptoClub
3
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubHappy midweek, 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 consistently red for 12 days and expanding (about 6%). The Ichimoku pattern indicates a general downtrend with a sideways bias over the very long term. The Kijun Trend indicator continues to indicate looking for short positions. Heikin-Ashi: Heikin-Ashi confirmed the bearish price movement: almost always red candles since the top of the Kumo was touched. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan - 17080.00level cusps Chikou or flat zones of Kijun and Tenkan - 12700.00from the waves of Hosoda - 11000.00-13000.00 level cusps Chikou 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, also Chikou for the daily time frame, are plotted. 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 a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from the 1 level. Conclusion: Since the 25000.00 level was touched The situation has changed considerably and a clear downtrend is present. Hosoda waves indicate a downtrend target in the last ABC pattern found: 19252 (target reached), 18463.75, 18196.25, 17140. From a fundamental point of view, and in general markets, the situation is of general downtrend considering the FED's economic policy, the European energy crisis, and a slowdown in the Asian market. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 21800.00 - Bearish: 18100.00 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
by TheSocialCryptoClub
Weekly Analysis BTC via IchimokuHappy midweek, 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 is back in the red again, now 5 days but still very thin (about 2.6%). The situation has changed a lot since the last analysis and now all lines indicate a bearish movement with a sideways bias. The Kijun Trend indicator continues to indicate looking for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish price movement: red candles and Kumo. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 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 - 12700.00 from the waves of Hosoda - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. 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 a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from the 1 level. Conclusion: BTC's situation has changed significantly. The price is now again in a downtrend having failed to break above the now-again red Kumo. The well-known exponential moving averages often used in the Crypto market on the 200-, 50- and 20-period are once again aligned in downtrend, widening and have effected in death cross. Hosoda waves indicate a downtrend target, right now target V has been touched and are at interesting levels as supports. From a fundamental perspective, Powell's speech impacted both equities and cryptos. Given the outlook, it's hard to think of an uptrend in the short term. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 22000.00 - Bearish: 19100.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - 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
by TheSocialCryptoClub