A Nice Entry PointBITSTAMP:BTCUSD shows a good entry point on 4H which the price and the chikou span closed above both the cloud, tenkan, and kijun line. A perfect bullish sign with moderate to low risk, but it's a fair exchange with early moves to catch a good profit. MACD also shows a good momentum on this signal provides even more higher confidence that the price indeed is bullish. Continuation of this pattern will be reflected on 1D charts which is a perfect signal of the bullish sentiment, which in turn will be reflected in 1W charts which is also a perfect signal of 2017 bull run will make its attempt to reappear.
For exit strategy always checks if the price on 1D closes below the kijun / slow line and the MACD shows negative value while doing so.
This is a personal analysis, not meant as any kind of financial advise.
Ichimokuchart
BTC Bullish continuation.This is a continuation of the weak bullish signal that occurs on 1st April. Right now the position is neutral, meaning you can hold your BTC until clear exit signal occurs or, if you're late, wait for a clear and strong entry signal occurs on daily chart. For now, we will wait for the MACD indicators finishes its negative phase, then check the signal on the 2nd bar positive MACD phase.
This is a personal analysis, not meant as any kind of financial advise.
ETHUSD 4H Uptrend over, what comes next after 40% rise?ETHUSD 4H Downtrend is starting and $160 acts as critical pivot.
Based on 4H Ichimoku ETH is due to trend change, watching closely for repeated breakouts.
We just broke $160 and downtrend continuation is likely.
Shorts placed, breaking of $162-160 area with volume will invalidate the idea.
ICHIMOKU P-WAVE XRP BULLISH SCENARIO BULL MOVE
Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range.
BEAR MOVE
Now this is where things get tricky. Even though a P-Wave is a continuation pattern this can change using the ichimoku time and wave theory together. When price falls on an ichimoku cycle number chances of a reversal can happen. The next ichimoku number falls on May 20th. Bearish move will be making lower lows into the 5-8 cent range.
Conclusion
Looking for price to break clean outside of the P-Wave to determine which direction market with move. These are very strong breaks.
ETHUSD About to get interestingBTC might sneeze soon since it's hovering below resistance zone and we might head to continuation of downtrend at least on short term basis (we dropped -50% already so we are talking about short term trades, long-term BTC might be quite bullish in comparison to other assets specially with printed dollars flying around) and cause ETH to crumble to support areas and below.
It's about to get interesting in any case.
Support zones are marked and alternative scenario is that we attack $200 which is less likely imo.
Risk management as always.
btc longterm analysis weekly with IchimokuFurther analysis of monthly chart. We saw that at the start of the month the prices broke the bullish Gann fan trendline (red circle).
The prices are below the cloud which means that we are more bearish but we await a confirmation of the Ichimoku lagging span which has already made a first contact with the gann fan bullish trendline (pink circle) .
After this first contact we see the price and the lagging span which are recovering in buying force, which is a rather natural reaction with Ichimoku^^
But, the cloud twist (green circle) tells us that there is a high probability that the price move inside a big range.
Feeling reinforced by the last two weekly candles (blue circle) (see the closing in a few hours) which make a big wick on the tenkan and the kijun aligned.
in this case we will see the lagging span confirm and come out of the cloud so that the prices head towards the bottom of the range (around $3500)
GBP/AUD Gap Closure SellThis is a slightly different setup than I normally take but the risk to reward is pretty good here.
I'm taking a sell here for a gap closure and even a little beyond it to the flat kumo level.
While this isn't my usual ichimoku setup I do like to take these gap closure trade when the risk to reward is strong.
BTC broke out of 12hr Ichimoku Cloud1 minute ago we closed a 12hr candle above the ichimoku cloud.
This came following a pattern which we saw after the bottom at 3.1k about a year ago - after we made a higher low.
If in the coming days we manage to stay above it and a green cloud starts to form it will confirm this idea and give us another bullish signal.
I am linking a related bullish idea I posted recently which is at the moment playing out very well.
The crosses I am mentioning are of the Conversion Line (kenkan sen) and the Base Line (kijun sen).
Cosmos era is over?
Hello Traders!
After almost 100d of upward move for ATOM market is ready for some range/correction action. Kumo cloud confirm range phase and RSI told us about weakening impulse... Bearish TK cross is possible, so stay focused will kumo support any correction moves (price can also bounce up from kumo), if price will break kumo its gonna be strong bearish sign to think about close long positions and open short orders.
Roger out.
BITCOIN - Range(rs) in action? - Ichimoku TAHello Traders!
*Daily*
After reaching 6700 zone BTC successfully bounce at near 7500 area... Is it time to start cool off our champagnes? I am not so sure. Price is above Tenkan and it's about to possible break the Kumo but we are not there yet, also this Kumo is rather thick so it tell us about huge net of active resistance zones. Even if we would break thru this Kumo I wouldn't recommend any trades inside the cloud and wait for breakout from the other side. Also the shape and direction of Kumo (which is rather horizontal) tell us about possible range market if we look from daily chart perspective. RSI supports the upward move but ahead we have EMA500 which gonna act as resistance and will tell us for sure how strong is this local upward move.
Levels to look for:
* 7550-7600
** 7700-7800
Ichimoku signals:
BUY: If you miss the bounce from level 6900 you should wait for Kumo breakout above, wouldn't recommend to place buy orders inside the cloud
SELL: Possible rejection from Kumo 7550-7600 can start sell orders but I would recommend to wait with any moves for now
*H4*
From 4 hours chart point of view we are in range market, compared to Kumo price is still moving horizontally.
Ichimoku signals:
BUY: none/same as with D1 - based on D1 chart we have not confirmed any trend change
SELL: possible rejection from 7550-7600 can be a good time for sell order
*H1*
From 1 hour chart point of view we are in range/slightly upward market also the RSI tell us that impulse is weakening.
Ichimoku signals:
BUY: none/same as with D1/H4 - based on D1 chart we have not confirmed any trend change
SELL: possible rejection from 7550-7600 can be a good time for sell order
***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***
BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE
Roger out.
Will it Wave?Hello Traders!
WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start some consolidation/range market for now. If not we have to wait for Kumo bounce or breakout as confimation of downtrend movement.
Levels to look for:
* 0.0001123
** 0.0001065
Ichimoku signals:
BUY: None
SELL: Wait for confirmation from Kijun - if it will fail as support or for TK cross
***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***
BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE
Roger out.
Battle of the Safe Havens - CHF/JPY Ichimoku Short tradeThis pair saw a pretty large sell off last week and I am looking for that trend to continue.
We just had a decent bearish engulfing candle and I am looking for a close below the recent candlestick lows to get short.
I've drawn out a longer term target at major price structure support as my overall aim, but we not make it all the way there.
I've also drawn out some partial take profit levels to aim for along the way.
If we fail to close and hold below our entry line, or if our bearish confirmations change, this setup may become invalidated.
New crypto king around the corner?Hello Traders!
Bitcoin Cash become more and more interesting for me... After accumulation phase now he has a chance to get out from range market and attack important targets. Succesful kumo breakout followed with chikou can make a way for some new uptrend, RSI confim that the move is strong.
levels to look for:
* 0.033031
** 0.030694
Roger out.
ETHUSD There are two options:
1. If the price will reach the last higher high, it going to touch the resistance (komo above the chart). we have to notice the price needs to show his power for higher price.
2. If NOT, then we have to except forcing the support to break down. when i focus on the history of this chart, i found several situation like now.
But, on this moment we have to ready for selling on the higher price or (if break down) sell and re buy on lower price.
In this case, what are the investors believing? this price is enough for ETH or this coin have more value?
what are you thinking about PSYCHOLOGY of investors & traders?