Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
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 green for 10 days, is uptrending, and is holding its width constant about 6%. The Ichimoku Analysis Tool is almost totally green and gives us a sense of a general uptrend; price is always attracted to Tenkan, but in this case it manages to stay above and is also above Tenkan Weekly-which has dropped from where it was a week ago, though. We are still inside the Kumo, though.
The Kijun Trend indicator continues to indicate looking for long positions.
Heikin-Ashi:
For the week the Heikin-Ashi indicates a slightly uncertain uptrend, the Kumo is now green, and-again-price is inside the 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:
Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level and trying to get close and having a hard time reaching it, we are at least at the second touch.
Conclusion:
The BTC situation is greener but the price is still inside the Kumo. It is crucial the 25000.00 level is always very important both as a limit of the Kumo and as a psychological component. It is no coincidence that there are some Long Upper Shadows candles on the Senkou Span B.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price but the 200 and 50 are crossing.
The Hosoda waves indicate a downtrend target since they are using relative lows and highs of this uptrend movement. Despite the downward target, it is very interesting to evaluate the proposed targets, especially the NT indicating 25592.08-as confirming uptrend and 23338.23 as confirming downtrend.
It is important to evaluate the close of the week and during the week on the following price structures:
- Bullish/Lateral: 25000.00-25592.08
- Bearish: 21400.00-23338.23
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Decreased.
- Price of BTC: Increased.
- Expectation of Alt Cycle: Fast increase.
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
Ichimoku Cloud
Monero Breaking Up (Ichimoku)As a followup to my Ethereum BITFINEX:ETHUSD post yesterday Monero BITFINEX:XMRUSD is likewise confirming an Ichimoku breakout on the Daily timeframe.
Monero is the third coin I watch most closely following Bitcoin and Ethereum. I believe that its use case (privacy) is one of the strongest reasons for cryptocurrency and the coin has been well established since 2014 and still under development. In marketplaces online where privacy is paramount they accept two currencies; Bitcoin and Monero, and Bitcoin's transaction costs are often far too high. Monero is the clear winner in this use case presently and likely into the future.
The YTD performance for 2022 of Monero has also outperformed both Ethereum and Bitcoin. So will investing in the two most popular currencies years ago would have yielded greater returns historically in recent history the winner has been Monero in terms of retaining its Store of Value.
Comparative values:
Monero Bitcoin BITFINEX:XMRBTC
Monero Ethereum BINANCE:XMRETH
Can Confirm: Ethereum is Breakout Out (Ichimoku)The momentum (Chikou/purple line) has cleared the Daily Ichimoku cloud on Ethereum following price closing above the cloud. This is the first time COINBASE:ETHUSD has becoming bullish since May 2022.
The last Daily breakout hit resistance at 3500 in March. It is important that the breakout clears the current Resistance of 2230 in order for this bullish leg to continue and not be a bear market rally. Longs need to be aware of this level if choosing to participate in this run. The next Resistance is at 2870.
Confirmation for oil from m30We get confirmation from lower time frame. Yesterday's rally I didn't sell oil.
M30 of oil now is indicating bearish for sell oil. Kijun cross tenkan downward. Future kumo is brarish kumo. Macd bearish. And chikou is currntly running below the kumo.
Pay attention to the 2 tp zones I defined. Trade well and wisely.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
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 green for 3 days now, after 108 days when it was red. It is flat and about 6 percent wide. Anyway, we continue to be in the Kumo and the situation continues to be uncertain but in the long to medium term the sentiment is uptrend-lateral. On the short term the price is attracted and at the moment it remains below Tenkan. In general, important structures such as Tenkan Weekly are still above price.
The Kijun Trend indicator continues to indicate looking for long positions but the price in the Kumo indicates uncertainty.
Heikin-Ashi:
For the week the Heikin-Ashi indicates much uncertainty and laterality on a bearish bias, the Kumo in fact has not yet turned green and price is below the Tenkan.
Supports and resistances:
- 25000.00 from 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 positive long-term sentiment and places the 0 upside on 75000.00. Price is still below level 1 and trying to get close and having a hard time reaching it, it has already been rejected once.
Conclusion:
The situation of BTC continues to be uncertain, the price is inside the Kumo while the Kumo of the future has turned green, but on the short term the price is still below the Tenkan.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price is between the 200 and 50 coming close to cross.
The Kijun trend is indicative of looking for long positions and right now the Hosoda waves indicate an upward target. However, waves from the previous movement are represented, forming very good price structures.
It is important to evaluate the close of the week and during the week on the following price structures:
- Bullish/Lateral: 24600.00-25000.00
- Bearish: 21600.00-21400.00
Altcoin Cycle:
For Bitcoin Dominance and 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
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 107 days, continues to tighten (now at about 3.7%). We are in the Kumo and therefore the situation is always uncertain: in the long term downtrend that looks like it is about to end the move, in the medium term uptrend-lateral and in the short term a downtrend momentum attracted by the Tenkan.
The Kijun Trend indicator continues to indicate looking for long positions but the price in the Kumo indicates uncertainty.
Heikin-Ashi:
For the week the Heikin-Ashi indicated a mainly bullish trend, now they are in the Kumo and have turned red.
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:
Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level and trying to get close and having a hard time reaching it.
Conclusion:
BTC's situation continues to be uncertain since it is in the Kumo, but it is still above the Kijun and now about to touch the Tenkan. There are important levels to break through such as the area around 25000.00 where the end of the Kumo is and the Tenkan Weekly has moved lower.
The well known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price has crossed the 200 and now made a second touch of the 50.
The Kijun trend is indicative of looking for long positions and right now the Hosoda waves indicate a downward target. However, the waves of the previous movement are represented and form very good price structures.
It is important to evaluate the close of the week and during the week on the following price structures:
- Bullish/Lateral: 24600.00-25000.00
- Bearish: 21600.00-21400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Increased.
- Price of BTC: Increased.
- Alt Cycle Expectation: Downtrend.
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
Sell The Rally For GoldOverall trend which is shown by d1 chart xauusd remains bearish. Candle is still running below ma 50. Candle is running below the cloud of ichimoku too. But macd is crossing up below 0 area upward. For this sort orf market I prefer to sell the rally. The moment would be whenever gold rally up near the upper parallel down trend chanel. That is the moment to SELL this week. 🙏🙏🙏
I will remain bearish for gold until the d1 candle able to breaks above and stays above the cloud of ichimoku.
SKLUSDTHello my dear friends
At the end of the descending channel, a tight movement is formed in the daily time frame!
The possibility of the price exiting from compression is both upward and downward.
But whichever way it exits, it will definitely be a very fast move (:
For me, it would be better to wait and enter the trade if the trend moves above $0.0616.
----> At the end of the trend, both ICHIMOKU and RSI issued a signal of formation of an uptrend.
It would be great if you share your thoughts with us.
Long BTCUSD (4H timeframe)Long entry for BTCUSD at 23441 USD.
Ichimoku triggers:
-Price just entered the kumo cloud on the daily timeframe for the first time since 21APR22.
-Tenkansen is above the Kijunsen on both 4H and daily timeframe.
-Price above kumo cloud on 4H timeframe.
-Chikouspan is above price and kumo cloud.
Moving averages:
-Breakout of previous price levels (higher high).
-Price above all moving averages (9,21,50,100,200 EMA and 9,2,50,100,200 SMA).
-9 to 100 exponential moving average (EMA) positively aligned and 9 to 200 simple moving average (SMA) positively aligned.
Pivot Points:
-Break of the Monthly Pivot Point.
We will keep you updated.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
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 98 days, tightening fast (now at about 12%). The situation is always uncertain: long-term downtrend, medium-term uptrend, short-term downtrend. Price this week entered the Kumo, as anticipated last week, indicating great uncertainty, and right now is attracted to Senkou Span A.
The Kijun Trend indicator continues to indicate looking for long positions but price continues to be particularly close to the Kijun.
Heikin-Ashi:
For the week the Heikin-Ashi indicate a mainly bullish trend, and price is now colliding with the Kumo. Recall that-the way they are calculated-the Heikin-Ashi cleans the signal but arrives late.
Supports and resistances:
- 25000.00 by Fibonacci and Tenkan Weekly
- 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 you can 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 price for the daily time frame.
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:
Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level and trying to get closer.
Conclusion:
BTC shows a bearish trend on the short term, but the situation is rather uncertain as inside Kumo and the price is attracted right now to Tenkan. There are important levels to overcome such as the area around 25000.00 where the Tenkan Weekly is, further resistance and, however, the Kumo itself.
The well known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price has exceeded the 200 and is now being rejected by the 50.
The Kijun trend is indicating looking for long positions and right now the Hosoda waves indicate an upward target. Although the NT target is below price the N target was reached with a spike :
- E: 27423
- V: 26143
- N: 23816
- NT: 20199
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 24600.00-25000.00
- Bearish: 21600.00-21400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Decreased.
- Price of BTC: Decreased.
- Alt Cycle Expectation: Pump.
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
AUDUSD (STILL) BEARISH. SELL THE RALLYIf we see from D1 chart it is still overall bearish. Even lower time frame indicate bullish mode. I wpuld prefer to sell the rally as I have defined the area as selling zone. The downside target is the rectangle I put below. 0.6732-0.6681.
Trade well and wisely. 🙏🙏🙏
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
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 91 days and is stable (now at about 21%). The situation is always uncertain but mainly sideways on the medium to long term. Senkou Span B and Kijun are flat, indicating a sideways moment in the downtrend. The price continues to be above the Kijun, but it is still below the Kumo and below the important level of 22500.00.
The Kijun Trend indicator continues to indicate looking for long positions, even though the Kijun is flat. Price continues to be very close to the Kijun and may make contact with the Kumo shortly.
Heikin-Ashi:
For the week the Heikin-Ashi indicates a change in trend for the past week that allowed the Kijun to break through and is now on the Tenkan.
Supports and resistances:
- 25000.00 from Fibonacci
- 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 you can 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 price for the daily time frame.
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 positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly.
Conclusion:
BTC shows a bullish trend on the short term, but the situation is rather uncertain. There are important levels to overcome such as 22400.00-22600.00 and the Kumo itself.
The well known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price is exceeding the 200.
The Kijun trend is indicative of looking for long positions, but the Hosoda waves continue to indicate downtrend targets even though the V and NT targets are rising from last week:
- V/NT: 12600.00
- N: 7750.00
- E: 2845.00
It is important to assess the close of the week and during the week on the following price structures:
- Bullish/Lateral: 22400.00-22600.00
- Bearish: 20000.00-20700.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- 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
Great R/R ratio 9% trade!If you aren't a fan of the Ichimoku cloud indicator, you are seriously overlooking easy trading profits. I have 3 bullish indicators for a short-term scalp. The first one is the lagging indicator breaking out of the cloud (Blue line). Second, is the crossing of the cloud span lines and lastly a nice hammer candle stick which translates to the evidence of bears getting exhausted!