FTMUSDT 🤯 Hold or Break Key Level AnalysisPoint of interest right now as we are sitting at a demand zone which price is expected to react however we are coming from a downtrend structure after the bulls got exhausted this could be another correction and/or the uptrend resumes.
1. We get a false breakdown, I believe it will touch 0.30 and buy orders would get triggered.
If that happens then we would at 4h a bullish pattern we can trade and target next supply zone.
Target Upper Downward Channel area: 0.37 - 0.40
2. This level gets pierced through and in that case, we expect price to decline to the next demand zone.
Target Next Demand Zone: 0.24 - 0.20
I'll update as I see this playing out.
All the best,
Kina🤯
Ichimoku_trader
IOTXUSDT - Triangle Pattern breakdown Beware at this point this coin is in ranging mode. So I've marked areas where the volume profile has shown potential areas where most participants were involved at that time. So there's a chance that over those areas, price is going to react somehow or not at all, so we need to see what happens once it gets there.
We can say we've got a hammer as soon as it entered the area so we can see a bit of a slow down motion after the drop. Now, 2 things can happen. Either it creates a double bottom and reverses right off this area or it continues to decline. However to confirm this, we need to see a breakdown of current zone in order to go short.
Target could be the next support zone: 0.01865 - 0.01954 as shown in the chart we are sitting in a buy area and in oversold conditions.
Also, this is a ranging market so what I see could be a mess to you lol
ALGOUSDT 💥 ALL TIME LOW coming through soonIt's been on a strong downtrend even after the BTC mini bullish trend, it didn't reverse a flick. Per Ichimoku analysis this is going to the all time low at about 0.11 - 0.09 So brace yourselves!!
Then we can think of buying if there's any demand at all.
Happy Trading!
Kina 💥
TLMUSDT ✨ Double Bottom Reversal or Breakdown ContinuationWe are at a very important level right now. We either get any of these 2 situations so be prepared:
Double Bottom created with RSI Divergence confirming the bears power has been totally exhausted at this point and price will start reversing till next Supply zone.
Target Supply zone area: 0.020 - 0.021
2. We get a downwards momemtum candle breaking down current support area and it would most likely go to the next demand zone where buyers will be eager to buy cheaper.
Target Demand zone area: 0.013 - 0.012
Please note this is Daily Timeframe analysis so it will take longer to play out. Still, stay alert because we are at a current point of interest.
Make sure to risk a % of your entire portfolio and manage risk accordingly.
✨Kina ✨
DEXTUSDT ❤️ Trend Continuation Set upAs you can see DEXT has been in a rising channel until it eventually gave the breakout pattern after touching Supply Zone marked by the red rectangle afterwards price got rejected. Please take this area as our Take Profit zone.
We have a perfect triangle formed making lower highs consistently now it's about to burst. So we either get:
Breakout upwards wait for a re-test and enter long.
Target would be: 0.85 area
Breakdown and wait for a re-test and enter short.
Target would be: 0.45 to 0.47 area
Please note this is a long term set up. Manage risk accordingly. I'll update situation when price makes a relevant move according to our idea here.
Regards,
Kina ❤️
Network 18Hello and welcome to this analysis
After 13 years of downtrend its now trying to consolidate and form a higher low (March 2023) with the all time low made in March 2020.
Stock is currently on a pullback of its trend line breakout with support at 40-36 and immediate resistance between 62-72.
Sustaining above 72 it could rally till 125-170-270. While failure to hold 31-30 could lead further selling pressure.
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- The white and blue colored lines are possible support and resistance areas and the price will react to them.
- The area of the pale blue line is the point of entering the position.
- The red line is the stop position point.
- Green lines are safe targets and yellow lines are more risky targets than green lines
* Please be careful to enter the position only in the area of the blue line.
* After the second target, place your stop under lead line 2 or at the entry point to be risk free.
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USDJPY The news has no impact, we continue to rise!According to the Smart Money strategy, we are currently in an Order block, but still confident that the price will rise! According to Smart Money, we should wait for confirmation because opening a position now is risky, but if we look at it from the Ichimoku Cloud perspective, we have currently broken the Cloud and successfully tested it, which coincides with 50% Fibonacci retracement. Currently, the Lagging Span is also above the price, confirming that a new uptrend has begun.
Open a risky position at 132.501
Placing a stop loss below the cloud at 131.584.
Expecting the first take profit at 135.830.
Second take profit at 137.953, which corresponds to 2.272 of Fibonacci.
With love from Ukraine.
MSTR to 443,69 It's possible ?Hello dear traider,
Let's look to MicroStrategy .
1. We have bullish trend.
2. New hight.
3. At this moment do correction move.
4. At 262.5 whe have 50% FVG
5. Around 239-263 $ have :
- 50% fibo
- Fvg
- bullish cloud ichimoku
- bullish Order blok
But.......
1. Whe don't retest ob on 144$
2. 144-220 $ have big liquidity
I think we must w8 bulish I-CHoCH in 262.5 (15m chart) for future long position.
Remember trend your friend
With love from Ukraine
Your Cool
BTC Cloud Analysis ☁️🇯🇵According to Daily Timeframe, BTC hit a supply zone which must be break above bullish in order to confirm the 24k target. Otherwise we can expect a retracement. At 21200 we have a fresh demand zone buying pressure is expected at least to push price higher.
Ichimoku Cloud Signals:
1D Strong Kumo breakout, however the cloud is not very thick which indicates the trend is not that long term. Chiko + Tenkan sen and senko span A are pointing upwards which is great! Kijun sen and Senko span B are getting flat though, this means a retracement is imminent plus we approaching a Supply zone.
4H A retracement to Kijun sen already happened. All lines are almost pointing upwards strongly there's a bit of a curve which means it could range a bit before the next move. Kumo is way thicker which means the bull trend is getting more stable and stronger!
1H Senko Span B + Kijun sen got flat which means a retracement is expected to Kijun sen the yellow horizontal line marks the level the retracement could go down then we expect price to react to this and with intraday trend change confirmation + candlestick pattern we can go long with a 22.6k target if retracement happens. As this is a strong breakout on the Daily TF it could totally continue to breakthrough without pullback.
5M bar chart we can clearly see a range already forming on this resistance level. We need to see a breakout of the cloud with a strong signal coming along with lagging span to confirm that the retracement is happening. Please wait for this to end and trade in favor of the main trend from higher timeframes.
Please manage your expectations and risk 2% of your capital per trade.
Happy Trading ♥
Trend Continuation Idea 🤖 Multi-timeframe Technical Analysis:
D1 Bounced off strongly from key support level that holds the uptrend within the ranging market.
H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside which goes along with Daily Timeframe trend and structure.
Key Areas
Key Support area: 0.2748 - 0.2493 (Potential Entries)
Key Resistance area: 0.4558 - 0.5243 (Potential Targets)
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
WOOUSDT Long 🍉 Accumulation Market with potential Multi-timeframe Technical Analysis:
D1 Accumulation Stage Market probably but it bounced off from key uptrend structure within the ranging market.
H4 Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside, noticed it got rejected from the upper trendline so more confirmation could be needed depending on strategy.
Key Areas
Key Support area: 0.1463 - 0.1734 (Potential Entries)
Key Resistance area: 0.2638 - 0.3059 (Potential Targets)
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
BTCUSD 🔥 Breakout or Correction!Hey guys!
Today, I'd like to share my two ideas to which price might go for. I'll keep it short and sweet!
1. Breakout: This would mean continuation of the trend, this is resistance but can still totally be broken through and explode higher. The Ichimoku Cloud shows strength pointing upwards, usually when it gets flat it means a retracement is imminet and the trend needs to pause and breathe but we are not seeing that yet. Pay attention to Daily chart to forecast higher timeframe retracements on the cloud.
2. Rejection of Supply Zone. We could see a failed breakout ending up in climax because it's reaching the brodeaning area that BTC has been respecting and bouncing off for the past months. This means it will hit a diagonal resistance of the broadening channel. Keep in mind, we are approaching to a Supply zone too, which means a lot of people have been sitting in the red and are waiting for BTC to get there to break even and get out clean once and for all.
Once we got a nice support confirmed for BTC, I'll suggest right then you can resume spot or futures trading with the alt coins. Meanwhile, wait for Daddy BTC to be in the clear to keep on the bullish continuation team! Remember the trend is your friend! ♥
Peace out,
Kina
AUDCHF Ichimoku Kinko Hyo AnalysisMonthly:
Based on 5 lines of Ichimoku, it is ranging
Bearish monthly Kyushu Ashi, monthly is very close to Kihon Suchi 9 (around 1 May)
Weekly:
Kumo down but now flat
Tenkan-sen, Kijun-sen at a same level
Chiko-span below candles
Bearish Kyushu Ashi (can still bearish till next Weekly Kihon Suchi (also Monthly Kihon Suchi - aka 1 may)
Daily:
Kumo down however now flat
Kijun-sen down
Tenkan-sen will soon point down
Chiko-span below and far from candles
Price below Tenkan-sen; Kijun-sen and Kumo and in the P wave and supported by Weekly Forecast line=> stay away until price break P wave down => Sell
If not => not Reccomend to buy cause Weekly Kihon Suchi is a month later => price may likely to down-range till then
EURCAD Ichimoku Kinko Hyo AnalysisWeekly:
Bullish Kyushu Ashi
Kumo up (Span A + B up)
Kijun-sen up
Tenkan-sen up
Chiko-span above candles and far from candles
Daily:
Kumo quite flat
Kijun-sen up
Tenkan-sen flat
Kijun-sen quite close to Tenkan-sen
However Chiko-span is far away from candles => bullish momentum still exist
Note:
Next daily Kihon-suchi will be 30 March => price can still be range till 30 March
Bullish Kyushu Ashi
After 29-30 March, if price break previous high => buy; if no, not recommend to sell cause it will be range
Top 10 Technical Indicators for Successful TradingTop 10 technical indicators for successful trading
Introduction:
Technical indicators are essential tools for traders to analyze market trends, identify potential trading opportunities, and manage risk. These indicators are mathematical calculations based on past price and volume data that can help traders make informed decisions about buying or selling assets. In this article, we'll discuss the top technical indicators that traders can use to enhance their trading strategies.
Moving Average:
A moving average is a widely used technical indicator that helps traders identify market trends. A moving average is calculated by averaging the price of an asset over a specific period, such as 10 days or 50 days. This indicator smooths out the price data and makes it easier for traders to identify the direction of the trend. When the price is above the moving average, it's considered a bullish trend, and when the price is below the moving average, it's considered a bearish trend.
Relative Strength Index (RSI):
The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a price trend. The RSI is calculated by comparing the average gains and losses over a specific period, typically 14 days. The RSI value ranges from 0 to 100, with values above 70 indicating an overbought market, and values below 30 indicating an oversold market. Traders can use the RSI to identify potential trend reversals and overbought or oversold conditions in the market.
Bollinger Bands:
Bollinger Bands are another widely used technical indicator that helps traders identify potential trend reversals and price volatility. Bollinger Bands consist of three lines: a moving average in the center, and two outer bands that represent the standard deviation of the price data. When the price is within the bands, it's considered normal market volatility. However, when the price reaches the outer bands, it's considered an overbought or oversold condition, and a potential reversal may be imminent.
MACD (Moving Average Convergence Divergence):
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that helps traders identify changes in momentum and trend reversals. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A signal line, which is a 9-day EMA of the MACD, is also plotted on the chart. Traders can use the MACD to identify potential buy and sell signals, as well as divergences between the MACD and the price of the asset.
Fibonacci Retracements:
Fibonacci Retracements are a popular technical indicator that helps traders identify potential support and resistance levels. Fibonacci Retracements are based on the idea that prices tend to retrace a predictable portion of a move, after which they may continue in the original direction. Traders can use Fibonacci retracements to identify potential entry and exit points, as well as stop-loss levels.
Stochastic Oscillator:
The Stochastic Oscillator is another momentum oscillator that helps traders identify overbought and oversold conditions in the market. The Stochastic Oscillator is calculated by comparing the closing price of an asset to its price range over a specific period. The Stochastic Oscillator value ranges from 0 to 100, with values above 80 indicating an overbought market, and values below 20 indicating an oversold market. Traders can use the Stochastic Oscillator to identify potential trend reversals and overbought or oversold conditions in the market.
Average True Range (ATR):
Average True Range (ATR) is a technical indicator that measures the volatility of a stock or currency. Developed by J. Welles Wilder Jr., ATR calculates the average range of price movements over a specific period, taking into account gaps in price movements. ATR is typically calculated over a period of 14 days, but traders can adjust this period to fit their specific trading strategy.
To calculate ATR, traders first calculate the true range (TR), which is the greatest of the following:
Current high minus the current low
Absolute value of the current high minus the previous close
Absolute value of the current low minus the previous close
Once the true range is calculated, traders can calculate the ATR by taking an average of the true range over a specific period.
ATR can be used to measure volatility in the market, helping traders to identify potential trading opportunities. When ATR is high, it indicates that there is a lot of volatility in the market, which can present opportunities for traders to profit. Conversely, when ATR is low, it indicates that the market is relatively stable, and traders may want to avoid entering trades at that time.
Ichimoku Cloud:
The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a technical indicator that provides a comprehensive view of potential support and resistance levels, trend direction, and momentum. The indicator was developed by Japanese journalist Goichi Hosoda in the late 1930s and has gained popularity among traders in recent years.
The Ichimoku Cloud consists of five lines, each providing a different view of the market:
Tenkan-Sen: This line represents the average of the highest high and the lowest low over the past nine periods.
Kijun-Sen: This line represents the average of the highest high and the lowest low over the past 26 periods.
Chikou Span: This line represents the current closing price shifted back 26 periods.
Senkou Span A: This line represents the average of the Tenkan-Sen and Kijun-Sen, shifted forward 26 periods.
Senkou Span B: This line represents the average of the highest high and the lowest low over the past 52 periods, shifted forward 26 periods.
The area between Senkou Span A and Senkou Span B is referred to as the "cloud" and is used to identify potential support and resistance levels. When the price is above the cloud, it indicates a bullish trend, and when the price is below the cloud, it indicates a bearish trend.
Traders can also use the Tenkan-Sen and Kijun-Sen lines to identify potential entry and exit points, with a bullish crossover of the Tenkan-Sen above the Kijun-Sen indicating a potential buying opportunity, and a bearish crossover of the Tenkan-Sen below the Kijun-Sen indicating a potential selling opportunity.
Conclusion:
In conclusion, technical indicators are valuable tools for traders in the financial markets. The Average True Range (ATR) can be used to measure volatility in the market, while the Ichimoku Cloud provides a comprehensive view of potential support and resistance levels, trend direction, and momentum. By using these indicators in combination with other technical analysis tools and market knowledge, traders can make informed trading decisions and improve their chances of success. It's important for traders to experiment with different indicators and find the ones that work best for their trading strategy.
EURJPY Ichimoku Kinko Hyo AnalysisMonthly:
Kijun-sen flat
Tekan-sen flat (Price bounce at Tenkan)
Kumo flat
Chiko above candles
Bullish Kyushu Ashi
Weekly:
Tenkan-sen; Kijun-sen overlap
Price is above both Tenkan-sen and Kijun-sen
Kumo flat
Chiko above candles
Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023)
Daily:
Tenkan-sen; Kijun-sen is up
Senko-span A cross Senko-span B upward (still need to watch)
Chiko above candles
Since Weekly Kyushu Ashi is bullish
=> In a long term till 17 Apr , price can reach the target given