ichimoku trade : long positionenter : 0.52
stop loss : first green candle completely under the ichimoku cloud
Ichimokuchart
Bitcoin Potential MovementAs Bitcoin consolidates we see some potential movement ideas. One is if BTC pulls back past the 56k mark there is a secondary support at 50-52k. If it does not pull back that far then we could potentially see movement off of the 56k support upwards toward 70k+.
Multiple scenarios based on the Ichimoku Kihon Suchi are displayed, but all indicate upward movement. The key support is 56k so if it moves above, we will likely movement back upwards towards the 70k mark, with key resistance around 61k.
If the 56k support falls, the 50-52k Support will likely fulfill the bottom end of the upward channel leading back to the upward trend.
As always, comments and ideas are welcome! Please let me know what you think!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
KUCOIN:BTCUSDT
Cardano (ADA) Potential MovementAfter the March 1 Mary hard fork ADA saw a pretty sharp downward trend for a few days with a little bit of a pull-back/range, then downward again. It looks like ADA could break either direction with the 1.025 area being the first point of support. If it breaks the 1.025 area it will be followed by a pretty wide potential support block between 0.84-0.95 at a 17 and a 9 period Kihon Suchi area.
If there is a reversal around 1.025 (or even prior to that) we could see movement upwards again toward the initial resistance point of 1.30-1.32 as with the fork. If it can break 1.2 and 1.32 resistance we could see some consolidation at 1.5 with possible movement upwards of 1.7 at a 9 period Kihon Suchi or even $2 not far beyond that.
If ADA continues downward past the 1.025 mark into the 0.84-0.95 range, there is potential to bounce back and continue the trend mentioned above at later time periods or go beyond that with the next real support being at the bottom.
As always, comments and ideas are welcome!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
KUCOIN:ADAUSDT
ichimoku trade : long positiontoday at 191.45 and till 15 march at the senkou A we put our buy position.
ichimoku trade : long positiontill 13 march we enter as a long position at the price on senkou A,if it reached.
ichimoku trade : long positionenter : 1.5557 (senkou A)
stop loss : first green candle under the cloud
ichimoku trade : long positionsince now until march 11 we will enter as a long trade if the price reached senkou A.
if it didn't reach the sekou A till march 11,we can enter in 12 or 13 march in reaching the senkou A if the ichimoku cloud be green yet.
ichimoku trade : long positionbuy position in senkou B if it don't decrease and the cloud don't change the color and
GBPJPY reaching for the TOP. Inevitable fall NEXT WEEK. Looks like the last week of growth for GBPJPY with a strong resistance @ 152 area. A cluster of two targets N and V from Hosoda's targets aka Ichimoku Sanjin's. AB=BC in bot ways - Time 25weeks and Price range 1:1
Possible correction to 142 Of course the World will blame Megan and Harry for that :D
ichimoku trade : long positionfrom now to march 11 if the price touched the senkou A we enter the trade.
ichimoku trade : long positionwe will enter the trade as a long one if the price reached the senkou A in these 3 days
SUSHI 4hr Kihon Suchi potential movementThere's a lot of patterns on this one. Potential reversal point tomorrow around the $19 mark. That particular area is the reversal point for the 200, 42, 26, and 17 periods. Each particular reversal on this seems to be somewhere around 15-25% each move whether up or down. I would expect the reversal to do the same and head toward the cloud at 18-20% or the $15.6 area. Normally I would add in a 9 period reversal area but I only see a couple reversals on that time frame here so I think if it reverses it will be slightly longer than the 9 period movement.
If it pushes above the $19 area and closes above I would expect another 9 or 17 period movement before another reversal to potentially a new high over the previous one.
As always, comments and ideas are welcome!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
XLM Daily Kihon Suchi potential movementThis is a hard one to look as the patterns are a little harder to discern. The lower timeframe charts are more bearish and there are some bearish movement indicators in the daily chart like the Chiko Span headed downward for the priceline and the Tenkan/Kijun crossover which already happened as the price gets closer to the Kumo. I see some decent resistance around $0.38 and if it can hold that in the next couple days there is potential to rebound back upward toward $0.52 based on the NT calculation. Other calculations will put the price higher around $0.63, but based on all of the chart evidence, IF it bounces back I don't see it breaking the $0.565 mark.
In two days, if the trend continues, there is a pivot point at 17 periods from the last high candles with the potential to continue downward for another 9 periods to close out the 26 period cycle back down around $0.235 before another bounce upward.
If there is a reversal at the 17 period marker, the upward trend to $0.525 could signal the next reversal downward at that area.
I won't be participating in this movement as there is nothing concrete yet, but I like a long after a bounce off the .38 mark. Anything lower than that starts moving into the Kumo where there should be no trades.
As always, comments and ideas are welcome! Please share your thoughts!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
DOT Daily Kihon Suchi potential reversalSince around the 27th of December DOT has been on the climb without a significant pull-back but it looks like we are at the end of said pull-back. If the ranging continues until around 2 March we should see a reversal upward after a bounce off of the $29 area. Using the N Calculation a potential ceiling could be around $64 near the end of March which would be the 26 period reversal area. Using the Kihon Suchi idea, we are near the end of the 9 and 65 period reversal periods.
As always comments and ideas are appreciated!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
N Calculation C+(B-A) = D
BTC Ranging for the weekend? Thoughts?Based on Ichimoku Kinko Hyo analysis, it looks like we are ranging and potentially hitting possibility 1 or moving to possibility 4.
- The purple boxes show ranging on the price and the horizontal Senkou Span B.
- Kumo still showing slight upward movement
- Tenkan Sen above Kijun Sen
- Chiko Span upward looking and above price
- Senkou Span A upward movement
- Distance between recent high and Kumo Cloud is significant, but retracement inevitable
As always thoughts, remarks, and ideas are always welcome!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
USD/CHF Ichimoku Cloud AnalysisLong positions above 0.90725 with targets at 0.91800 & 0.92800 in extension.
Pivot: 0.90725
Comments: Chikou breakout, tenkan kijun cross, kumo cloud twist
Gold/EUR swing MATRIX strategy for latecomersI will provide more technical analysis details for XAU/EUR on the weekly chart. I will provide XAU/USD analysis too.
Strong probability for the price to reach 1380e as the flat of the monthly cloud suggest (strong support here). Idea confirmed by the lagging span because is first obstacles are the highers of august and september 2019 candles at 1380e.
Our ultimate target is 1077e-1050e zone, at those prices we will maybe change the strategy but it will take weeks and months and I will update the idea before we'll reach thoses prices.
From my subjective point of view, I think the price of this old mineral is still overpriced. Bitcoin solves the problem of transporting value in space and time.
See you
Morpheus
