ichimoku trade : short positionichimoku signal:
short position:
enter at 220.34$
stop loss kijunsen with buffer
Ichimokuchart
ichimoku trade : long positionwe bought 2 days ago because of support of cloud + break last 26 days top at 573.89$
stop loss:kijunsen with buffer
The case for a Bullish ETH The recent drop in the market was a little overdue but that did not make it sting any less. Now the dust has relatively settled from that huge leg down, the question that will inevitably be asked by everyone is "what next?". "Do I have to liquidate my entire stash of digital beans and run for the comfy hills of Fiat as fast as my stubble little legs can carry me to escape the impending destruction of all the shitcoins I love and cherish?"
Well, not yet.
There are a number of things we need to look at to determine if market structure has really shifted to a bearish bias and one of the 'good' things about the parabolic run we had with ETH is that the huge sell off hasn't even dented the daily 200 ma. I'm a relatively simple man, the pa is above the 200 ema on the 1d, I'm long term bullish.
If you have followed my charting before, you'll know my two favourite TA tools are FIBs and Ich clouds. Ich can be fantastic for determining and clarifying overall market sentiment and key support and resistance levels and on this ETH chart we have one tasty cloud. The huge sell off yesterday bounced perfectly off the bottom line of the cloud (the Tenkan Sen) and today we have tested the top blue line of the cloud (the Kijun Sen). The cloud essentially acts as a dynamic support/resistance structure whilst giving us a peak into the future market sentiment as it rolls before the price. Essentially, if the cloud 'twists' and turns red from the blue Kijun Sen crossing below the red Tenkan Sen its a pretty good indication of a bearish market.
This has not happened, the future cloud is still green and lovely so, for now, the market sentiment is bullish.
Another TA I like to use is the Stoch RSI, here we can see severely underbought areas and backtest them against PA. ETH has had two similar massively underbought areas on 28/2 and 25/3 which both signified bottoms and predated new rallies. However, in the short term I would urge caution, this pa is messy and will chop heavily for hours in not days, wait for clear signs of a recovery before going full chimp mode.
Does the current PA signify a huge rally incoming for ETH? History does not always repeat itself, but it can rhyme.
ichimoku trade : short positionichimoku signal:
short position:
enter at 0.27$
stop loss kijunsen with buffer
ichimoku trade : short positionichimoku signal:
short position:
enter at 0.93$
stop loss kijunsen with buffer
ichimoku trade : short positionichimoku signal:
short position:
enter at 3.88$
stop loss kijunsen with buffer
ichimoku trade : long positionresistance by cloud and break last 26 top at 50.83$.
stop loss : kijunsen with buffer
ichimoku trade : short positiontechnical:
break the channel and if no support break any more,maximum goes down to 40000$
ichimoku:
break the cloud and great as ichimoku elements.wait to enter as a short position in 43500$ and stop loss at kijunsen with buffer.
note: we trade with ichimoku.
ichimoku trade : short positionbreaking the cloud + under 26 last candles(with buffer)
sell position at 113$
stop loss : kijunsen with buffer
SCIIt has made a breakout in higher time frame suggesting further continuation of uptrend. Could be accumulated between 115-130 for upside levels of 175/200/250. View would negate below 105
ichimoku trade : long positionresistance from cloud.break last 26 days top.buy position at 40.85$ today and tomorrow.
stop loss: kijunsen(with buffer)
ichimoku trade : long positiontenkansen and kijunsen cross and last 26 top could be break.
buy at 45.19$
stop loss: kijunsen(with buffer)
*risky because of the canal resistance*
ichimoku trade : long positiontenkansen and kijunsen cross and break last 26 day top.
buy at 0.53$
stop loss : kijunsen(with buffer)
$NVDA Pullback$NVDA to pull back to the slow-moving average (purple highlighted area), using it as support, then potentially move higher as shown by the bullish Ichimoku cloud. There is clear disequilibrium between the fast and slow-moving averages (base and conversion lines) and price action has already started moving towards the base line at roughly $569.63 and my analysis shows that it will continue to close the gap between the moving averages before a continuation of an uptrend. Thoughts on this analysis?
$PFE PullbackPrice action looking likely to pull back as there is disequilibrium between the conversion line and the base line on the daily timeframe. This means the price should move down to the base line (Slow MA) bringing the conversion line (Fast MA) with it. furthermore, price moved away from the conversion line creating disequilibrium, and started pulling back on the 22nd of April. I believe the price will continue down before a potential continuation of an uptrend. I am a beginner with the Ichimoku strategies, but I have seen using the indicator in relation to price action that this is a possible outcome before $PFE returning to its uptrend as shown by the bullish Ichimoku cloud. Is anyone able to give tips/advice?
RELIANCEIt has activated a Bearish Ichimoku C Clamp in monthly, in Weekly it is trading inside the Kumo, in daily & hourly it is trading below Kumo suggesting continued weakness. It could retest 1850-1825 for now and has resistance near 1925. View negates above 1950.
ichimoku trade : long positionbuy position at 33.25$
stop loss : breaking the cloud
I think it won't be sharp and is a long time trade
Do it for the cloutNot really a cloud-trader, but the recent drop made me look for every TA tool in the book to satisfy my urge for confirmation bias.
Since ICLN announced readjustment of %-holdings, this retest of the Cloud Top makes me believe that the long term uptrend is still intact.
ichimoku trade : long positionin pullback to the ceiling with broke in tenkansen and kijunnsen cross.
buy position at 34.34$
stop loss: breaking the kijunsen
