My idea for Bitcoin by Christmashello every one *_*
In markets like cryptocurrency, news is the biggest element for market formation.
Considering elements such as:
Future news
Signals generated by the team's search engine
Patterns
and capital management
We can expect this behavior from the Bitcoin chart
I hope that if you like this idea, you will do the necessary research before entering the trades
If you want to know how we manage capital
See the previous idea that I posted
This idea is to identify the trend
We enter in the lower time frame in the direction of the trend of the generated signals
good luck
Ichimokers
EUR/GBP Ichimoku Cloud AnalysisNOT A FINANCIAL ADVICE, FOR EDUCATIONAL PURPOSES ONLY
Short positions below 0.84250 with targets at 0.83600 & 0.82500 in extension. Pivot: 0.84250
Comments: Chikou breakout, Tenkan sen kijun sen crossover, Tenkan and kijun pointing down, Kumo cloud twist, trendline break.
BA Ichimoku Cloud AnalysisNot a financial advice, for educational purposes only!
Bullish sentiment above 153.00.
Lesson: When using Ichimoku Cloud, it is important to look where is the chikou span. In this case, it is currently sitting inside the cloud so no trades. To avoid fake setups, the chikou span is your friend. It is also good as s/r tool!
comments: EARNINGS COMING in 27 JULY 22. Estimated -0.13. Awaiting for the further details.
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen.
by a parallel channel it should come to 30.38$.
other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic).
sell pos.: 40.26$
stop loss: ichimoku cloud(about 47$)
target: reach the stop loss of kijunsen(maybe about 30$)
ichimoku trade : short positionit is ready to start a new downtrend and it was a good chance to sell it at 4130$ (flat kijunsen).
there is a big resistance at 4130$ to 4180$.
the most fall that we can see is to 2450$ that is far from reality.
stop loss:4200$ at start and after being in profit it change to breaking the kijunsen.
Bearish Ichimoku view of Bitcoin on the dailyBTC on the daily
Price is forming a P-wave and is soon be breaking to the up or downside. Highs are gettings lower and lows are getting higher.
Price is below TS, KS and Kumo meaning that the market is bearish in short, midterm and longterm.
Chico Span is below the candles indicating bearish momentum.
On the RSI there is hidden bearish divergence (trend continuation). Wile price makes lower highs, RSI shows higher highs. The trend continuation would be to the downside.
If price can break heavy resistance on up or downside, the ultimate targets are as below:
Target upside: 50606 $
Target downside: 23999 $