Ichimoku_trader
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
Demand Zone Active on Ranging Market 🦄 Multi-timeframe Technical Analysis:
D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. This happens to be a Demand Zone.
H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside. Please proceed with caution as market on weekly chart is ranging mode.
Key Areas
Key Support area: 0.411 - 0.436 (Potential Entries)
Key Resistance area: 0.666 - 0.705(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!
Bullish Trend Continuation Idea 🐮 Multi-timeframe Technical Analysis:
D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again.
H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And coincides with HTF Uptrend as potential continuation for it. Please note there's a trendline that if broken upwards will strongly signal the bullish move upwards but if you wait for that you'll enter at a more higher price so proceed according to your strategy.
Key Areas
Key Support area: 0.4106 - 0.4200 (Potential Entries)
Key Resistance area: 0.6000 - 0.6500 (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!
AUDCAD Ichimoku Kinko Hyo AnalysisMonthly: Range
Weekly:
Kumo flat
Tenkan-sen down; Kijun-sen flat
Chiko above candles
Bearish Kyushu Ashi
Note: Price will be likely sideway-down until around 24 April 2023
Daily:
Kumo down
Kijun-sen down
Tenkan-sen flat => equalibrium in short-term
Chiko below candles
Bearish Kyushu Ashi => can still continue till 27 March 2023
Conclusion:
Buy signal: not recommend to buy because price can be volatile
Sell signal: when price in Daily break the support (equalibrium in short term is broken) (0.90454) => Tenkan down
Time to RALLY! Don't sleep on this one 🔥Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud:
1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news!
4h - Kumo is getting thicker which means the uptrend is getting stronger and acts a support. Kijun-sen has been pretty flat all the way warning about retracements along the way but you can consider these as opportunities to enter and ride the upcoming Daily Timeframe uptrend that's just starting out! Tenkan sen is pretty strong pointing upwards!
1h Our entry trigger timeframe would be here: It hit a resistance from 0.0142 to 0.0159, if we see a breakout from this resistance, you go long! ♥ That would be the safe set up for this!
Happy trading & stay shiny! ✨
VNINDEX Ichimoku Kinko Hyo AnalysisMonthly:
Tenkan-sen; Kijun-sen dead cross
Chiko break candles
Kumo flat
Bearish Kyushu Ashi
Weekly:
Kijun-sen down
Tenkan-sen flat
Chiko below canldes
Candles below Tenkan-sen and Kijun-sen
Daily:
Tenkan-sen; Kijun-sen dead cross
Chiko broke the candles
Price is under Tenkan-sen; Kijun-sen and between forecast line
TRENTHello & welcome to this study on daily time frame
As per Ichimoku it is seeing a rejection near a cloud with future kumo still bearish. It could now do a pullback till 1250 (with interim support near 1290) as long as it remains below 1340.
From the daily base line support (expected retracement level from here) a fresh rally could take place for 1450 (provided 1250 holds)
Immediate short term bearish
Medium term bullish
Cross-breeding of systems. BTC D for example.Experimental review.
Hi.
There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture.
I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here).
And VFI LF is also unnecessary.
So what do we observe, besides a clearly visible very strong support around 39.8%?
We have a fresh green cube with a pin bar.
1. Funny, the Renko cube went exactly where the clouds change was last time!
2. Next, Renko's cube climbs Kijun-Sen line for the third time. Believe me, not for it to serve as resistance anymore. Only as support. All tests passed. Chikou span (light green lag line) is looking up. Also a good sign.
3. What about the exact same exit upwards? On the edge of the clouds? Hypothesis! But let's note. That perhaps BTC D is flying upwards to a certain "cloud exchange" point. That's around April 1.
4. Devil, but that looks like a bull flag on a stochastic.
5. SQZMOM is heading steadily to the bullish side I'd say a minimum of three weeks, a month max we need before the first green bar.
As this is an experimental approach, there will be neither a "long" nor a "short" mark.
Let's see together if this kind of reasoning works?
Does reliability improve by combining Renko and Ichimoku?
We'll review this chart in second half of the spring 2023.
OK? Are you interested in this?
Thank you for your attention!
Daily TF Breakout Alert🔥What's up guys! Today I'm sharing a new alert we've got on EOS crypto coin!
The coin still in range but we've got a beautiful kumo breakout which is a perfect Ichimoku Cloud set up! Please be aware breakout can always be false so make sure to set a proper stop loss and manage risk accordingly. I'm just here sharing whenever I see a breakout set up I like!
D1: Ichimoku Cloud Breakout from bottom to top piercing through. Extremely tight stop loss on D1 which makes it very attractive to enter! All lines pointing upwards!
H4: Series of HH and HL coming into resistance, you can wait for price to break 1.221 to enter or set it as target if you will.
H1: It's creating a bullish pattern about to breakout even ATR is silent about to breakout strongly at any moment!
All good for now! I've set target profits on D1 but you can do the same for lower timeframes on H4 and H1 accordingly.
Happy trading, stay shiny 🔥