Get started

Ichimoku Cloud

Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 44 days and is stable (currently at around 5%). In concert the situation is bearish. Now the price is on the Kijun - which recently went below the Tenkan having lost the bullish move of mid-September in its calculation. As we note, the first major resistance is the Kijun itself. The Kijun Trend indicator continues to indicate the search for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish movement with several red candles without shadow above. Supports and resistances: - 25000.00 Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 17080.00Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from Hosoda waves - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou for the daily timeframe. In addition, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short-term), the Kijun Sen (medium-term) as well as the Senkou Span A and Senkou Span B (long-term). Fibonacci: The Fibonacci levels on the Daily still show us a long-term negative sentiment and places the 0 downside at 25000.00. Conclusion: The situation is bearish. Hosoda waves indicate a bearish ABC pattern with targets at 20765, 19210, 17655, 17365. From a fundamental point of view, the war, the energy crisis and inflation still do not see a solution. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 20400 - Bearish: 18400 Altcoin Cycle: For Bitcoin Dominance and the Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - Dominance of BTC: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
2
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 30 days and is expanding (currently at about 9.8%). In concert the situation is bearish and slightly flat over the long term. Now the price is on the Tenkan so in a balanced situation on the short term. The Kijun Trend indicator continues to indicate looking for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish movement. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan - 17080.00level cusps Chikou or flat zones of Kijun and Tenkan - 12700.00from the waves of Hosoda - 11000.00-13000.00 level cusps Chikou or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Fibonacci: The Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from level 1 represented by 250000.00 Conclusion: The situation is bearish as all the lines indicate. Hosoda waves indicate an ABC pattern with targets at 17741.19, 22414.21, 27087.23, 27472.02. From a fundamental point of view, between war, inflation, and energy issues, the situation is not changing and the markets will probably not improve before these issues are resolved either. Etherium's move to PoS has also been received more as a "sell the news." It is important to assess the close during the week on the following price structures: - Bullish/Lateral: 21800.00-22400.00 - Bearish: 18773.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - BTC Dominance: Increased. - Price of BTC: Decreased. - Alt Cycle Expectation: Decreased fast. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1
EURUSD is bearish but may retraceComment: EURUSD both Weekly and Daily timeframes show the market is downtrending. Ichimoku Trend Analysis (KTS) on Daily timeframe: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: The market has been resisted by Weekly descending trend line. However market may reverse for the next couple of days because - Kumo is thin on a Daily timeframe - Currently forming a Pin bar on Daily timeframe So better to wait for a breakout of 0.9554.
Short
by ForexKei-Official
GBPCHF, WOULD TRADE THIS PAIR SELL ONLYAs this pair keeps forming lower low I think it is better to trade this with sell position. Sell the rally would be a wiser approach. Area sell is would be around 1.11906 (senkou a), 1.13621 (senkou b) or sma 50 1.14323. Then what if the price keeps breaking low without correction? Everytime it forms new low if you wanna buy it, risk only 1-2% from your capital. So far this pair yet gives any reversal structure. I wish u all have good trade.
Short
by HendyHalim
Weekly Analysis BTC via IchimokuHappy midweek, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo is back in the red again, now 5 days but still very thin (about 2.6%). The situation has changed a lot since the last analysis and now all lines indicate a bearish movement with a sideways bias. The Kijun Trend indicator continues to indicate looking for short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish price movement: red candles and Kumo. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from the waves of Hosoda - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Fibonacci: The Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from the 1 level. Conclusion: BTC's situation has changed significantly. The price is now again in a downtrend having failed to break above the now-again red Kumo. The well-known exponential moving averages often used in the Crypto market on the 200-, 50- and 20-period are once again aligned in downtrend, widening and have effected in death cross. Hosoda waves indicate a downtrend target, right now target V has been touched and are at interesting levels as supports. From a fundamental perspective, Powell's speech impacted both equities and cryptos. Given the outlook, it's hard to think of an uptrend in the short term. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 22000.00 - Bearish: 19100.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - BTC Dominance: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Revisit 16xx Area Again For Gold?Sudden spike of gold yesterday just didn’t impress the bullish party(at least I am one of them who didn’t impress). So in my opinion this time gold has good chance to break below 1700 area again or at least test 1711 price. I prefer to put pending order to sell around the area I have defined s selling zone. My personal target profit zone is somewhere around 1677-1685. And overall trend is being showed by ichimoku is bearish. Trade well and wisely.
FX:XAUUSDShort
by HendyHalim
LOOKING AT USD/JPY AND LEARNING THE ICHIMOKU CLOUD, KDJ AND RSINot the best idea to trade USD/JPY because shaded areas of Ichimoku cloud are low/tight so we don't trade it however there are some clouds that are big and we can trade them because we have 3 yes opinions before making a decision, this means we have 3 indicators that are going well and its something we are looking for. An example is if we are looking for a sell trade than we must all look for 3 indicators which is the Ichimoku Cloud, KDJ and RSI, if all indicators are telling you its a sell than you would sell the trade, if one of the indicators are telling you its a sell but the other two indicators are not than you wouldn't sell the trade.
by Burcu_Queen
why audusd remains bearish? reasons behind it.The way I see audusd is bearish trend? Why? Yesterday it broke below MA 50 with huge moment, which it was bearish engulfing candle (blue circle). Second reason is macd cross downward and the current value is below 0 (yellow circle). 3rd reason is the future cloud just started into bearish. Senkou a is pointing lower and it is below senkou b (red circle). My personal target is the area with the blue color rectangle. Trade well and wisely
Short
by HendyHalim