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Ichimokuchart

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.
by Doc_Deez
2
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
Long
by Doc_Deez
3
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.
Long
by Doc_Deez
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
OANDA:XAUEURShort
by Prognosis_Matrix
Sunshine Behind The Cloud ZIL/BTC #zilliqa $ZIL #zilHere we see our Zil Bitcoin Weekly chart on Binance . You see we've already entered the Ichimoku Cloud here and that is extremely bullish for upside . The top of the cloud is near 355 with further resistances above us at 533 and then the .236 fib is there near 684 . But where things get really interesting is at 1550 because that appears to be the last resistance for Zil and above that we will actually be in price discovery mode ! See that red arrow on my chart ? That is the last resistance I can see on Zil's daily chart . This looks great to see more upside and sitting at 273 right now Zil looks set to see 10x or more .
by shimmeringpath
6
Testing the uptrend in the Euro Dollar IchimokuIn the Euro Dollar, we have an upward movement that started in March of last year (2020), the upward trend was confirmed, after the price will bounce off the thin cloud that served as support. It should not be a secret for anyone to understand that the Ichimoku shows 3 levels of support / resistance that must be broken before being able to indicate that there has been a change in the trend, and that is perhaps what displeases this indicator the most, since it is loses much of the start of the trend. What are those 3 support / resistance levels? 1- The Tenkan Sen, weak support / resistance level. 2- The Kijun Sen, medium support / resistance level. 3- The cloud, strong support / resistance level. A trend undergoes several tests before changing, a minimum of 2 times, in others much more. That is why we are currently at an important moment for this pair, since depending on the behavior of the price in the cloud, a third upward push may come that could lead the pair to try to break the previous maximum that was 1.2555 or simply occur a change in trend from bullish to bearish. From the Ichimoku point of view, the next week should be bearish for this pair, as the Chikou Span (CS) has just cut down on the price with a strong bearish candle, so we are in a strongly bearish moment in the Short term, in the medium term, it is possible that the downward movement will be confirmed if the Tenkan Sen (TS) cuts down the Kijun Sen (KS), it is currently higher. For its part, in the long term, a range is being indicated, this because the movement was bullish and right now it is in a correction that could end in a consolidation or change of the movement.
Short
by JeanCarloGarciaQ
2
BTC - D1 - TENKAN IS AND REMAINS A GOOD BAROMETER...D1 : As already mentioned several times in my previous analysis, Tenkan-Sen should be seen as a good barometer : BULLISH above and BEARISH below ! H4 : Holding very well above the clouds. First significant support @ 35574 ahead of 33552 (MBB) H1 : A downside move below MBB would probably trigger and confirm a short term reversal towards 33926 ahead of 32737 (50% Fib Ret) M15 : Watch carefully clouds support zone Have a nice day.
BITSTAMP:BTCUSDLong
by Ironman8848
BTC - D1 - Tenkan-Sen = GOOD BAROMETER !D1 : Very impressive price action Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680 H1 : Watch MBB , ST bullish above and ST bearish below M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly the middle of clouds support zone Conclusion : As long as BTC stays and hold above Tenkan-Sen, which worked, so far, perfectly well as a support indicator the trend remains bullish on a daily basis for higher levels. Only a clear breakout of Tenkan-Sen, currently @ 29642 would force to a reassessment view of the expected bullish scenario
BITSTAMP:BTCUSDLong
by Ironman8848
1
Hit my entry level and opened a long positionI should have waited for the breakout however decided to enter on the new higher high to not to be late for the party, now it looks it bounced back from the upper side of the triangle maybe it is going to be ranging in there for a while, still waiting for the TK cross to happen to give us an other confirmation the kumo twist just occured which is positive for now, placed my stop loss bellow the TK lines and just below the triangle.
NASDAQ:AMZNLong
by SnowWhiteJaguar