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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 additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: As described last week, exactly 7 days ago Kumo turned red and currently has a thickness of about 1.85%. The market is in a downtrend situation - confirmed by Tenkan and Kijun and the price is below the Kumo, below the Tenkan on both daily and weekly timeframes - and has a sideways bias. The Kijun Trend indicator always indicates the search for short positions. Heikin-Ashi: After three green candles, now a series of particularly "strong" red candles have taken the price in and below the Kumo, confirming a moment of indecision. 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: The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level. Conclusion: BTC is in a downtrend with a sideways bias on the daily and weekly time frames. Last week's Kumo volatility, as indicated in concert by the various indicators and the Kumo itself, has turned from support to resistance. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods also confirm the downtrend. From a fundamental point of view, a bullish impulse is possible on the week to launch a BTC Spot ETF. It is important to evaluate the closing of the week and during the week on the following price structures: - Bullish: 41250.00 - Bearish: 39400.00 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 ccc 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
THETA - cypher pattern + ichimoku breakoutthe price formed an inverse butterfly pattern (or cypher pattern)on 4h chart and we can expect some upside if we fix above the ichimoku cloud theta is quite a good project which I honestly personally enjoy and like im invested in it, but this could be a good swing trade expecting at least a 7% let me know what you think about this idea I'm entering the trade if a 4h candle closes above the ichi cloud, just to let you know i want to be transparent so let this be a loss if I'm wrong! let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
Long
by opop777
Making A Signal In Tradingview Pinescript In Under 20 MinutesHave you ever wanted to combine two technical analysis indicators into a single signal to find your own way of making profit? This video is a tutorial where I take two stock Tradingview Pinescript indicators and combine them into a signal that makes it easier for the user to spot with their eyes when an even occurs on a chart. By following along I hope the viewer can learn the basic process of repeating this for their own research!
SP:SPXEducation
by norok
26
BTC - WEEKLY - DOJI !WEEKLY (W1) Last week price action did not managed to breakout the clouds on a weekly closing basis for the second time in a row and as a result a DOJI pattern took place which is confirming the indecision and uncertainty I mentioned in my previous analysis published yesterday (see related idea below). The 38.2% Fibonacci retracement @ 46'721 (69'000. - 32'950) has been filled during last week with a peak as you know @ 48'234. The failure to close above the clouds increased the risk for a downside move towards the Mid Bollinger Band , currently slightly below the 44'000 area, @ 43'929. This level is roughly in the middle of the weekly clouds and a failure to hold above it would put the focus to the next important support level which is the TENKAN-SEN @ 41'279 ahead of the bottom of the clouds around the 38'000, area which hold very well in the last couple of weeks in rejecting, several times in a row, the attempting to breakout the weekly bottom clouds support area. (only one weekly closing below the clouds which has been very quickly invalidated by the next candle !) On the UPSIDE , the top of the weekly clouds remains the first significant resistance area to break ahead the VERY IMPORTANT RESISTANCE (PIVOT LEVEL) @ 50'975 which is the KIJUN-SEN and which if broken would confirm a bottom in place and would open the door for higher levels towards the 55'000 area. RSI, neutral @ 52.07 and LAGGING LINE currently testing the top of the weekly clouds... DAILY (D1) Still caught in a relatively narrow trading range moving in a sideways mode. Continue to monitor and watch closely this daily price action which for the time being is oscillating around the daily TENKAN-SEN @ 46239. A failure to hold and close above this level would be the first warning signal, calling for further downside towards the former downtrend line resistance (triangle)around 44'500. the daily Mid Bollinger Band being slightly below @ 44'270. KEY SUPPORT AND PIVOT LEVEL ON A DAILY BASIS IS @ 42'900 RSI @ 60.71 and LAGGING LINE still in a sideways mode. 4 HOURS (H4) Invalidation of the upside breakout of the H4 clouds seen yesterday triggered an EVENING STAR ! Currently still in the middle of the clouds but already below the former uptrend line support which is now around 46'500. Watch on H4 closing basis the following levels : UPSIDE : 46'750 DOWNSIDE : 45'500 1 HOUR (H1) Watch the bottom level of the hourly clouds which is currently @ 45'700 which is the SUPPORT AREA IN H1 TIME FRAME. On the upside, watch MBB @ 46'333 ahead the CLUSTER of TS and KS @ 46'616 Have a nice trading week and all the best Take Care IRONMAN8848 - Jean-Pierre Burki www.tradingview.com
BITSTAMP:BTCUSD
by Ironman8848