BTCUSD: Bullish TK-CrossThis is another textbook Edge-to-edge (E2E) setup.
With an entry at the current price, the long target is about 25% (30'000 USD), for a stop-loss that should be set at a candle close below -14% (21'000). This makes the risks/reward ratio quite interesting!
Let's recall that E2E aren't as statistically consistent as say a kumo breakout (green cloud, bullish tk-cross, lagging span over price, price above cloud). Hence, set your capital allocation accordingly.
On the fundamental side I don't have a lot. Except that with all that has been going on the last two years, what could go worse now!? ;)
Happy trading!
* This is not financial advice, always do your own research *
Ichimokuchart
HUT 8 Canadian Bitcoin Miner Winning During Hot Summer (Double?)Hut 8 is one of the older and experienced BTC miners that is run by some wonderful ladies in Canada where it is cold and they are using low cost energy. Texas miners are shutting down to provide electricity back to the grid. European Miners have much higher energy cost and are also unplugging. When so many machines that mine Bitcoin go off the network the ones that are left get paid much more. It is estimated that Hut 8 is earning an extra 10 to 15% Bitcoin because of other miners turning off machines. Hut is also continuing to buy equipment at low costs and are growing BTC mined per month.
Hut has burned through the Ichimoku Cloud and just retested support Friday. If the QQQ continues to squeeze those that don't believe that the Nasdaq leads 4 months before the low of the market, HUT 8 can surge like MARA and SDIG did. If you watch Krowns Crypto Cave analysis on BTC each morning then you know that BTC is setting up for a run up to 25k to 28k by the end of this month.
Wild Card Prediction - Elon Musk did sell BTC in Tesla to make payroll for those big cash furnaces in China, Berlin and Austin. He went out of his way to say he didn't have anything against Bitcoin but you know his CFO was explaining he didn't want to show a $500M asset devalue, so they sold at their cost. The other sale of BTC was for a $200M gain. Elon is sitting on a lot of cash for his Tweet excursion that likely will expire. Where will that cash go? Dogecoin, maybe, but more likely BTC.
MARA and SDIG both saw crazy moves up. So if you're looking for the next Bitcoin miner to get crazy options activity it is likely Hut 8, but maybe it will only be the poorly run BTC miners. Paul Barron Network did a nice interview of Hut 8 last month on youtube if you want to learn more about them. Bitcoin currently trades in great linkage to the QQQ but that is only likely to continue for a little longer as asset managers uncouple their trading algorithms for BTC.
Nasdaq will go down to the support areaHello everyone this is my first idea publlishing in Trading view.
so in my opinion Nasdaq will go down to the support area maybe near 12500 acording to the Ichimoku Cloud and support area.
But in a long term .
And the seceond reason is the RSI shows us the high limit area of 70 touched and it must go down technically so let's see what will happen.
Stay safe from liquidity.
Good luck everyone.
Please support me if my posts are usefull for you.
The Impeccable by zyberalThis strategy works differently than others, it uses the IchimokuTenkan, Kijun, and Senkou periods to compute a general sense of market trend. Then I used the MACD fast, slow, and smooth with custom inputs to compute a optimum cross for finding macro bottoms and tops for any asset. This strategy doesn't trade on weekends and does not have a set TP (take profit) for each long or short. This strategy is invite only, please comment down below and follow me for access. Enjoy!
Ascending Triangle BreakoutShort squeezes in Tech are leading to a broader market Bullish breakout.
I’m looking to see if TSLA can break above 842 range.
If so, that puts the TESLA breakout up to 927 range where there was consolidation in Aprils market decline.
1D Ichimoku Cloud is testing a bullish breakout signal
Trade Safe.
While everyone shuffles to the other side of the boat is when we could see a 2nd leg down. More on 2nd leg down risk later.
EUR/GBP Ichimoku Cloud AnalysisNOT A FINANCIAL ADVICE, FOR EDUCATIONAL PURPOSES ONLY
Short positions below 0.84250 with targets at 0.83600 & 0.82500 in extension. Pivot: 0.84250
Comments: Chikou breakout, Tenkan sen kijun sen crossover, Tenkan and kijun pointing down, Kumo cloud twist, trendline break.
BA Ichimoku Cloud AnalysisNot a financial advice, for educational purposes only!
Bullish sentiment above 153.00.
Lesson: When using Ichimoku Cloud, it is important to look where is the chikou span. In this case, it is currently sitting inside the cloud so no trades. To avoid fake setups, the chikou span is your friend. It is also good as s/r tool!
comments: EARNINGS COMING in 27 JULY 22. Estimated -0.13. Awaiting for the further details.
KWEB: UNIQUE LONG TERM OPPORTUNITY?KWEB, Chinese internet ETF
Chinese techs have been in a bear market since February 2021, with the price of KWEB unable to break above the long trend line (in blue).
Kweb has found a bottom in March 2022.
Is Kweb bullish? Is it the end of the bear market for Chinese tech stocks?
Here is everything you need to know before making a decision:
- Currently the price is trying to create a bottoming base as we have seen higher lows (light black line) since March and the bearish trend line (blue) was broken.
- I see an ascending triangle with the top horizontal line of the triangle at 32.71. We tried to break this line 3 times but failed to maintain above. A sustainable break above 32.71 would be considered as bullish.
- We could backtest the rising black line of the ascending triangle before starting a bullish trend, but not sure.
- Mind the small gap around 28 that could also be filled.
- We're above the ichimoku cloud, which shows that the trend is changing. The lagging span (in green) still have to confirm the change of trend by crossing the bearish blue trend line.
- China in quantitative easing mode as western economies are tightening.
I'm long KWEB with a long term view. My buying zone is between 30 and 27.74 with a stop at 26.40 .
Trade safe.
LPI: WATCH FOR BIG WEDGE BREAK OUTLPI (Laredo Petroleum Inc), an independent energy company (oil and gas).
Huge consolidation within a big wedge . Weekly chart with price above Ichimoku cloud , which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100.
The move could target anywhere between 146 and 208.
Analysts target: 124
Trade safe.
NAS100USD Analysis Nasdaq is in bear momentum at this current moment. As you can see with all my analysis you can clearly see the sell triggers which are circled, we also what looks like a bearish engulfing candlestick pattern was formed a few trading sessions go (blue square).
So we have lots of triggers indicating that there is more lows to be had.
Although we could see a relief rally before moving further downwards if we get a candle close above 12700 we could see price moving back up towards the cloud so thats something to keep an eye on. If we get a close below 12111.4 I will be expecting price to move downwards towards the next resistance zones around 11500-11000.
As always share your thoughts whether you disagree or agree.
cheers.
USDCAD SHORT Price has been in deep correction on the daily chart. If you look at ichimoku on the Daily Chart price has rejected at the top of the cloud and currently is projecting a bearish future also known as the kumo. On the hour chart price rejected at the fractal level and created a lower high.
Lagging Span (purple line) is pointed down and we have a bearish tk cross over for a entry into the market. Since price rejected on the daily clould I would hold this trade to maximize profit.
HOOD ↗️Buy Signals:
- Bullish Divergence
- Fibonacci Cluster ( matches beginning of div )
Other Signals:
- Greater than average volume breaking above the Cloud ( this would validate a trend change)
Invalidation:
- BB%B: A significant drop below the bullish div trend line
- Cloud: Greater than average volume with drop in price in within or below.
Target Price:
- $38.20
Stop Loss:
- fluid ( * lack of stop loss is not advisable * )
Strategy:
- Dollar Cost Average while price is below $16
Type of Trade:
- Long Swing Trade
DDS: BREAKOUT, POTENTIAL 16% MOVEDDS , Dillard's (Department stores).
I like the break of that 292 resistance (the flat of the ICHIMOKU cloud). Just got long for a swing trade.
My first target is 319, which is the flat line of the upper cloud.
My second target is around 339, to close the gap of November 2021.
My stop is under today's candle, around 290.
Trade safe.
Kumo breakout on BTCUSDT dailyThis is not the cleanest Kumo-break you can get as not everything says bullish. For example the Tenkan-sen is below Kijun-sen and laggign span has a high chance on finding resistance in next couple days when touching previous bullish move. I would not allocate alot of capital to this trade as it is not a perfect kumo break. However it will probably have it's impact on BTC as ichimoku traders entered the market here.
According to hosoda wave theory N-target would be 48241. This is the point where the N-wave completes.
Move stop with Kijun and keep trailing it below Kijun in the coming days.
I would also advice to take some profits at past fractal level: 45421
GBPUSD Long the Kumo BounceWe got a move straight to the top of the long term cloud and then a big retracement towards the top of the short term cloud. This also coincides with the neckline of the previously formed head and shoulders pattern. Places where multiple supports confluence are usualy very good areas to open a trade. I expect the price to go back up to the top of the orange cloud and put my stop loss right below the right shoulder of head and shoulder formation.
Lazy Ichimoku BTCUSDT WeeklyPrice inside of Kumo(Neutral Zone)
Consolidation Period & Accumulation
Below Base Line
SSA acts as Resistance Zone
SSB acts as Support Zone
Bear Market will happen if weekly candle failed to break above Base Line and fall to other side of the cloud.
That's my interpretation for weekly analysis.