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Ichimoku Cloud

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 49 days, compared to the previous week where it had tapered. Now it gets wider (now at about 16.18%). Almost all lines indicate a general downtrend. In the short term we note that the price is above the Kijun. Reading this in the overall context we notice though that the Kijun has plunged abruptly, repelling the price several times. So the scenario continues to be non-bearish anyway. The Kijun Trend indicator always indicates looking for short positions. Since the price is on the Kijun it may change colour in the week. Heikin-Ashi: For the week the Heikin-Ashi indicates a downtrend although with indecisive candles. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from all-time high - 66001.41 from all-time high of the Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly - 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou - 41200.00 from Ichimoku flat/cusp areas of the Chikou - 39400.00 from Ichimoku flat/cusp areas of the Chikou - 37000.00 from Ichimoku flat/cusp areas of the Chikou - 35700.00 from Fibonacci - 35000.00 from Ichimoku flat/cusp areas of the Chikou - 33500.00 from Ichimoku flat/cusp areas of the Chikou - 30300.00 from Ichimoku Flat/cusp areas of the Chikou - 28700.00 from Ichimoku Flat/cusp areas of the Chikou - 25000.00 from Fibonacci 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 now between level 1 at 25000.00 and 0.786 on 35700.00. Conclusion: BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and the Kijun both daily and weekly fell abruptly, particularly on the daily this allowed the price to go above the Kijun. Therefore a bearish equilibrium situation is present. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend. An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the low of 2022-05-12, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to keep in mind in case of a break or as a target. It is important to evaluate the closing of the week and during the week on the following price structures: - Bullish: 31800.00 - Bearish: 28700.00 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: Decreased. 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
BTC 3D Ichimoku Cloud Bear Market BehaviourBTC historically after making a cycle ATH (All Time High) falls below the Ichimoku (IM) Clouds indicator (light and dark gray filled areas on the chart) on the 3D chart and holds it as ~ resistance during the Bear Market phase of BTCs cycle. BTCs chance to escape once falling through the IM Clouds (shown at the orange arrow) is at the intersection between the light and dark grey clouds. If BTC after a bullish move and setting in a cycle ATH does not get above the clouds, the Red arrows show how this indicator has defined our upper bound in the bear market phase of the next cycle. Price has needed to gain some space / distance below these clouds and time in a re-accumulation zone to build up the momentum to break through this area in the chart. BTC is currently exhibiting similar behavior further suggesting we are closer to a new cycle bottom than a new ATH (from this analysis alone). Not Financial advice. Charts are developed for educational purposes only.
INDEX:BTCUSD
by Brodie
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 additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: The Kumo has been red for 21 days, getting thicker (now at about 9.64%) and is totally downtrending. All of the Ichimoku lines indicate a downtrend both individually and considered in their combinations. The Kijun Trend indicator always indicates the possibility of seeking short positions. Heikin-Ashi: A series of particularly "strong" red candles continue below the Tenkan. Here too the Kumo is red, expanding and looking down. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from historical high - 66001.41 from Chikou all-time high - 51800.00-52600.00 from Ichimoku Flat/Cusp areas of Chikou - 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly - 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps - 41200.00 by Ichimoku Flat/Cuspid Chikou areas - 39400.00 from Ichimoku Flat/Cuspid areas of Chikou - 37000.00 from Ichimoku Chikou flat/cuspid areas - 35700.00 by Fibonacci - 35000.00 from Ichimoku Chikou flat/cuspid areas - 33500.00 from Ichimoku Flat/Cuspid areas of Chikou - 30300.00 by areas Ichimoku Flat/Cuspids of Chikou - 25000.00 by Fibonacci 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 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 a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is now at the 0.786 level. Looking at the 4H levels we see that the market range has narrowed and is now in the 25000.00-50000.00 range. Conclusion: The BTC is in a downtrend situation on the daily and weekly time frame. All lines confirm this. Even the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are lined up in a downtrend. From a fundamental standpoint the war and inflation situation, the dollar bring negativity to the markets. Right now BTC is correlated to US equities and in particular the NASDAQ and SP500 and they move in unison. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish: 37000.00 - Bearish: 35000.00-33366.50 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 (but with a Downtrend as also the MarketCap is going down and the dominance of Stable-coins are increasing). 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
Oil Price and financial crashes This chart shows the correlation between the oil price and the different financial crashes. During the melt up to a financial crash does the price of sky rocket and during the aftermath does the price crash. The oil price of today only matches the oil price of the Russian energy crisis and the Great Recession. Seen in this chart is a slight pull back onto further continuation upwards as the war in Ukraine continues does the oil price continue upwards. The supply chain crisis causes economies into a recession and this is also a reason to believe an increase in oil prices as oil is a stability.
TVC:USOILLong
by vf_investment
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 additional 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 14 days and getting thicker (now at about 6.5%) and all Ichimoku lines indicate a downtrend. Tenkan Weekly rises away from price nevertheless. The Kijun Trend indicator always indicates the search for short positions. Heikin-Ashi: A series of particularly "strong" red candles continue below Tenkan. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from historical high - 66001.41 from the all-time high of Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly - 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps - 41200.00 by Ichimoku Flat/Cuspid Chikou areas - 39400.00 from Ichimoku Flat/Cuspid areas of Chikou - 37000.00 from Ichimoku to Chikou Plains/Cuspid areas - 35000.00 from Ichimoku Chikou flat/peak areas - 33500.00 from Ichimoku Flat/Cuspid areas of Chikou - 30300.00 by areas Ichimoku Flat/Cuspids of Chikou 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 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 are still showing positive long-term sentiment and puts the 0 on the upside at 75000.00. But the price is moving towards the 0.786 level. Conclusion: The BTC is in a downtrend situation on the daily and weekly time frame. All lines confirm this. Even the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are lined up in a downtrend. From a fundamental point of view the war and the inflation dollar situation bring negativity to the markets. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish: 39500.00 - Bearish: 3714.00 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: Marked 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
by TheSocialCryptoClub
2
$BTC - #BITCOIN NEEDS TO BREAKOUT!BTC is approaching the resistance trendline of the falling wedge which formed on the 4h timeframe and the ichimoku cloud which is just above the current price if we see a good fix above the ichi cloud and above the resistance (around 41k) in the next 1 or 2 4h candles, given the recent bullish rsi divergence, we can expect some more upside from the big boy Bitcoin let's hope this fixes above these levels and lets our altcoins get some fat gains! let me know what you think about this in the comments!
Long
by opop777