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Ichimoku_trader

NZDUSD Ichimoku Short ideaThe Ichimoku indicator is showing all short signals right now. The Chikou Span (yellow) is below the price line, the Tenkan Sen (red) has crossed the Kijun Sen (blue) downward and has moved below the price line as well. The Senkou Span A (cloud green line) has crossed the Senkou Span B (cloud red line) creating the red Kumo (cloud). Finally, the price line has crossed below, and closed, below the Kumo. All of these together signal a strong potential trend reversal along the downward parallel channel. Shown is my current trade setup with a risk/reward ratio of 2.11:1. I do not have 3 profit takes as I will reevaluate the trade every couple of days, and if there is a change I will adjust accordingly. As always, comments and ideas are welcome! This information is not trading advice, only my personal trades/opinions on potential market movements, and is for educational purposes only. FX:NZDUSD
Short
by Doc_Deez
4
SXP/BTC LongSXP/BTC looks like it is going to make a nice move within the coming weeks: MA30 has bullishly crossed above the EMA100 for the first time ever and is now acting as support. A lovely inverse Head and Shoulders has been printed and we can expect, once price has confirmed the S/R flip of the neckline around .00006791, that price will continue upward toward the iH&S target of .00011629 Ichimoku is bullish: -Kumo cloud is green -Tenkan is above the Kijun while both above the cloud -Laggin span is above cloud and price -Kijun temporarily acting as resistance, however price is being squeezed between the Kijun and MA30 and with the rest of the chart looking bullish, it seems likely Kijun resistance gives before MA30 support does
Long
by Hrempe
Bitcoin Potential MovementAs Bitcoin consolidates we see some potential movement ideas. One is if BTC pulls back past the 56k mark there is a secondary support at 50-52k. If it does not pull back that far then we could potentially see movement off of the 56k support upwards toward 70k+. Multiple scenarios based on the Ichimoku Kihon Suchi are displayed, but all indicate upward movement. The key support is 56k so if it moves above, we will likely movement back upwards towards the 70k mark, with key resistance around 61k. If the 56k support falls, the 50-52k Support will likely fulfill the bottom end of the upward channel leading back to the upward trend. As always, comments and ideas are welcome! Please let me know what you think! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:BTCUSDT
Long
by Doc_Deez
4
Dash Potential MovementFebruary gave Dash a lot of gains and a lot of pull-back toward the end of the month with March showing slight gains (compared to Feb movement) and consolidation a couple of times so far. As of now it is testing the support area around 223.5 as we approach a 17 and 9 period potential Kihon Suchi reversal area. If the support holds there are a significant amount of resistance areas to the north, particularly around 230, 245, and 270. If the support around 223.5 does not hold and price breaks down through the Kumo, there are supports around 205 and again potentially around 196 with not much to hold it up after that until around 147. Ichimoku indicates a bearish trend right now, with the Senko span crossing the price-line and the Tenkan/Kijun crossover. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:DASHUSDT
by Doc_Deez
3
Cardano (ADA) Potential MovementAfter the March 1 Mary hard fork ADA saw a pretty sharp downward trend for a few days with a little bit of a pull-back/range, then downward again. It looks like ADA could break either direction with the 1.025 area being the first point of support. If it breaks the 1.025 area it will be followed by a pretty wide potential support block between 0.84-0.95 at a 17 and a 9 period Kihon Suchi area. If there is a reversal around 1.025 (or even prior to that) we could see movement upwards again toward the initial resistance point of 1.30-1.32 as with the fork. If it can break 1.2 and 1.32 resistance we could see some consolidation at 1.5 with possible movement upwards of 1.7 at a 9 period Kihon Suchi or even $2 not far beyond that. If ADA continues downward past the 1.025 mark into the 0.84-0.95 range, there is potential to bounce back and continue the trend mentioned above at later time periods or go beyond that with the next real support being at the bottom. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:ADAUSDT
by Doc_Deez
2