EURUSD Daily bullish by IchimokuComment:
EURUSD Daily timeframe shows continuously bullish market by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
Market is about to break the previous resistance of 1.2247. If today's candle closes above the resistance level, market can continuously be bullish.
Ichimoku Cloud
#ETHUSD Le pattern S #ichimokuLa crypto a pu réaliser une 2E mais n'est pas allée plus loin.
Le pullback sur le sommet de la première vague d'impulsion a abouti à un pattern S.
Que peut on faire maintenant ?
Le début du pattern S nous indique un retour vers le dernier sommet puisque le sommet de la première vague d'impulsion figure parmi les point d'équilibre du marché. Il n'y a rien à faire avant 8 jours de bourse au dessus de ce niveau d'équilibre (Le marché devra construire une base de départ sur ce seuil pendant ce temps là) car le marché peut rechuter à tout moment.
Rendez-vous donc dans 8 jours ou plus.
Pour le moment, rien n'est sûr.
Excellente journée à toutes et tous.
Will Bitcoin Continue To Drop?Looking at the 6D chart with Ichimoku cloud, it definitely seems possible that bitcoin may continue to drop. The way the current candle is hanging from the Kijun does not look very good. There are more support levels that could be tested such as 26k, 18k, 15k.
We should play close attention to the bitcoin price action today along with watching the 4D and 5D charts which have a candle that completes today.
Gold is at Daily resistance, still showing bullish by IchimokuComment:
Gold reached Daily resistance at 1875.28 level. Ichimoku is still showing uptrend as per below confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
There is a potential breakout as per above Ichimoku trend analysis, however, better to wait for a Daily resistance break. Otherwise price may retrace back to Tenkan sen.
EURAUD broke resistance and continues uptrendComment:
EURAUD Daily chart shows market broke the resistance level of 1.5690 and continuously uptrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
All the lower timeframes showing bullish trend, including Daily timeframe. This is very stable and strong bull market. Could test the previous resistance at 1.5690 level but long term target is at 1.5947.
EURUSD up trending by IchimokuComment:
EURUSD on Daily timeframe shows it's uptrend as per below Ichimoku confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
H1 is also up trending by Ichimoku. Aware of the resistance level at 1.2243 from this Feb. Once it breaks, the next target to be at 1.2350 level.
Rounded Bottom and Parabolic Curve Theory Idea for $SUSD to BTCThis is a personal research and idea for investment. DYOR and TIT...
This is Synthetix USD $SUSD coin on a 3-day chart.
:::DISCLAIMER:::
This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea.
TIME/PRICE PROJECTION
Pattern start: Mid-Dec 2020
Estimated end: 1st week of Late July 2021 (60+ days from publishing)
Price tag at time of publishing: 2,490 satoshi
Expected price tag at end of pattern: 5,550 satoshi
Sub-base 1 (.b1.1): 2,044 satoshi
Base 1 price level: 2,499 satoshi
Base 2 price level: 3,080 satoshi
Base 3 price level: 3,550 satoshi
Base 4 price level: 4,020 satoshi
Safe trailing take profit area: Recommended trailing take profit at 5,300 satoshi
TECH INDICATORS
I'm doing TA on a daily-chart since the 3-day still doesn't display full indicators yet.
Green Kumo cloud indicates bullish trend with recently broken out Chikou Span from PA.
Recent T/K cross up is also bullish. All indicators are upsloped. Parabolic SAR also confirms trend placed below PA.
NEWS CATALYSTS AND BTC VOLATILITY
No upcoming news catalysts.
Seemingly unaffected by BTC dips.
EXPECTATIONS
I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected.
The distance from the curve makes me believe that we still should expect some ranging consolidation in PA.
FINAL NOTE
Drawing may need some minor adjusting as the pattern develops.
Ichimoku Entries With the TrendWhen using the Ichimoku indicator, it is usually a good idea to enter a trade in the direction of the trend when you see the Tenkan & Kijun close together and when the Tenkan, Kijun, and Cloud have sharp angulation pointing to the future price of the asset.
You can see in the chart that this was the case previously as the price rose, now it could be the same case as we move down in the opposite direction.
USDCAD continuously downtrend by IchimokuComment:
USDCAD in Daily timeframe shows a continuous downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Market has been downtrending due to weak USD. As long as market is below Tenkan sen, selling opportunities would be there.
Gold is trending bullish by IchimokuComment:
Gold (XAUUSD) in Daily timeframe shows it's bullish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
The market is near previous resistance level at 1875.84 so it could retrace or consolidate. Better to wait for a breakout, and market could reach to the next resistance level at 1959.62.
CADJPY continuously bullish by IchimokuComment:
CADJPY Daily timeframe shows continuously bullish trend as per below Ichimoku confirmations.
Ichimoku Trend Analysis in Daily timeframe:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
Market has been bullish along with a trend line. An initial target to be at 91.61 resistance level.
Gold Price Action AnalysisAsked on my social media this morning: "what you think? Gold c&h (cup and handle)"
I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
Bitcoin Bearish Breakout Confirmed - Ichimoku > ElonYes there is drama on the social medias from Elon that is the "reason" for Bitcoin dropping but the technical analysis setup right now cannot be ignored. There is a confirmed bearish breakout based on the long term Daily Ichimoku cloud traders need to take heed!
EURJPY continuously bullish by IchimokuComment:
EURJPY Daily timeframe shows a continuous bullish trend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
Market is now close to Daily resistance at 133.15 level. It could retrace back to Tenkan sen or Trend line.
As long as Daily timeframe is up, market is bullish, however need to watch out a temporary retracement.
2% risk per trade as always.
Two Possible Correction Paths After 3D Ichimoku TK CrossFirst we take the 1D Kijun line and add it to our 3D chart where we recently observed the TK cross to the downside. This will serve as a major level that we could revisit in the short term.
Second we look for our long term support area. I see this being around 30k due to volume and the long/flat areas of the 3D Kijun and the 3D Cloud.
Third we look for an alternate path if we were to continue to the downside in the short term rather than revisiting the 1D Kijun. This would probably be Senkou Span B which is the bottom of the 3D cloud.
Ultimately, whichever route we take in the short term, should result in a continued consolidation within the 3D cloud before we breakout to the downside towards Long Term Support.
AUDCAD continuously bearish, reaching support levelComment:
AUDCAD is reaching the support level at 0.9300 as it continues to be bearish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span B and A) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
After support level breakout at 0.9444 yesterday, market has been continuously downtrending, heading towards 0.9300 support level.
CADJPY continuously bullishComment:
CADJPY Daily timeframe shows continuously bull trend by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Tenkan sen up
- Chiko Span above candles
- Price is above Tenkan sen and Kijun sen
Next Scenario:
Wait for a breakout at 90.11 resistance level. Once it breaks, market can continuously bullish. Ultimate target to be at 91.6 round number resistance from 2017 and 2018.
AUDCAD broke support level and continuously downtrendingComment:
AUDCAD Daily timeframe shows it broke the support level of 0.9454 and continuously downtrending as per below Ichimoku confirmation.
Ichimoku Trend Analysis (Daily):
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Waiting for the most recent breakout at 0.9424 level in H4 and look for a selling edge. The target is on next support level at 0.9300.
CHFJPY continuously uptrending by IchimokuComment
CHFJPY Daily timeframe shows continuously uptrend as per below Ichimoku confirmation.
Ichimoku Trend Analysis
- Kumo (Senko span A) up and Kumo itself is getting thicker
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario
Daily timeframe shows stable bullish market. Since there's an inside bar from yesterday and today, better wait for breakout at 121.08. Ultimate target to be the next resistance level at 123.98 level.
USDCAD continuously bearish from last week by IchimokuComment
USDCAD Daily timeframe shows it's continuously downtrending as per below Ichimoku confirmations.
Ichimoku Trend Analysis (Daily)
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Market can continuously be downtrending as long as market is below Tenkan sen while Kumo and Kijun sen are down until it reaches the previous support at 1.2060 level from 8 Sept 2017.
EURJPY breaking the resistance. Continuously bullish by IchimokuComment
EURJPY is breaking the resistance level of 132.37 and shows continuous bullish trend as per below Ichimoku confirmations.
Ichimoku Trend Analysis (Daily timeframe)
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario
The market has been supported by the Kijun sen. As long as it's above the Kijun sen, market continues its bullish trend.