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Ichimoku_trader

Tension building up for BTC, how to move forward.We have seen huge swings lately and BTC has been ranging for the past weeks. The range has been long enough that it now is entering a phase where we can get a squeeze inside a trend line triangle. My expectation is that BTC will break out to the upside to enter Kumo Cloud, I estimate that because BTC has been pushing against it and not respecting the resistance alot. When it does break out and stay in the kumo for a couple of days my execution would be to put a limit order at the Kumo Cloud bottom which now will have become support. I expect BTC to test the top of the cloud in the future espacialy as it also is an area of resistance based on past price action. If the market starts to go bearish this thesis is no longer valid and that is wy stop loss would be at the level where I think we confirm market is going bearish. In a bearish situation I will not open any position at all as we are in a very discounted area for BTC and if we can learn one thing from the past it is that BTC has made it's most respectable increases in value after a period of consolidation -50% below it's ATH at that time. The Ichimoku on this chart has settings: 20,60,120,30. This is because I see many people use this setting on crypto. This setting is good because with crypto being very volatile a longer length Ichimoku can help in having a clear view on the market while standard ichimoku does clutter the chart in the crypto space. However, it is good as an ichimoku trader to consult both the standard and the edited version.
by Honestcowboy
Neutrality remains the master !Prices are still under pressure, with $BTC which remains undecided and fundamental issues from central banks but also from inflation which continue to weigh on the markets. To frankly confirm a signal, both prices and the 4h Lagging Span must break their resistance : Weekly Kijun, at $28.7 for prices. This area is a major resistance and it remains important to close above (remember that only the Weekly Candle confirm the signal for this Weekly support) On the same area, the 4h Lagging Span is blocked by the 4h Tenkan. This one must break this Tenkan to confirm a bullish signal, at least on a 4h Point of View (short term) Let's see how it goes, What do you think guys ?
COINBASE:ATOMUSD
by Augustus1st
3
ETH finds a long term support !After the last red days, ETH is now on the edge of its Weekly SSB, lost in its Weekly Cloud. This support, located at $2300, is a solid one and Daily Lagging Span can support prices for a possible bounce. First target : Daily Tenkan at $2720 . Beware that Monthly Kijun is currently above prices, it would be nice for ETH to go back above it before the end of the month. If SSB breaks, a solid lower support is located at $2,200 ; the Monthly Kijun. Let's look at the evolution !
by Augustus1st
STORJ ready to flySTORJ has now recovered with bullish candles from a downtrend after a bullish divergence appearing on 12hr and 4hr timeframes. Storj is currently holding on to EMA50 and aiming to take EMA200. Ichi span has exited out of a downtrend channel but still aiming downwards meaning it's too soon to enter this trade. The recent buy-volume has secured Storj a double bottom since Aug 19th and we are to place our SL exactly under the range of the previous Ichi channel below the double bottom zone. Keep in mind to profit-trail after your entry. BTC's safe range for this trade is between 6800~8200.
Long
by Zivul33
2
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ 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$) target: reach the stop loss of kijunsen(maybe about 30$)
KRAKEN:DOTUSDShort
by ebi_shj
Fantom FTM Usdt breakout and retest of the all time highmessage me for any questions, here i am using ichimoku, concencio moving averages and the resistance of the ath where i believe there is space for the price to move freely into and retest the All time high here. we may also see a break out from the all time high having looked at the weekly chart, FTM hasnt really been affected by this downturn too much in the market and still is bullish printing a no, 1,2 and now 3 bullish candle (on the weekly Tom demark sequential) My game plan here is to see a no8 print close to the resistance of the ath, take some profit, leave the rest, use trailling stop and wait for a break of the ATH.
BINANCE:FTMUSDLong
by cryptouk
9
❤️ Are you ready for a good sell? ❤️Hi, As you can see, we have entered a correction phase. We expect to look for input triggers (such as breaking the trend line) in the specified range, at lower timeframes. I identified the primary and secondary goals in the chart. I hope you are all successful and profitable. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Short
by hamidreza_FX
2