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Ichimoku Cloud

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.
Short
by ForexKei-Official
1
CADJPY at the resistance, ready to breakComment CADJPY is at the resistance level of 89.182. Potential breakout in H4 as per below Ichimoku confirmation. Ichimoku Trend Analysis - Kumo (Both Senko span A and B) are up - Kumo itself is thick and long - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario Wait for a candle close in H4 to be above the resistance level to look for a buy chance. Also can take Tokyo Box Breakout as additional confirmation to buy after breakout.
Long
by ForexKei-Official
4
EURCAD at the support level while downtrending by IchimokuComment EURCAD H4 shows continuous downtrend as per below Ichimoku confirmations. Ichimoku Trend Analysis - Kumo (Senko span A) is down - Kumo itself is thick and long - Kijun sen down - Tenkan sen down - Chiko Span below candles Next Scenario Currently market has been consolidating at the support level from 1 Apr 2021. As long as market is below Tenkan sen, market could break the support. Watching mid timeframes (H1 and M30) for trend confirmation.
Short
by ForexKei-Official
5
NXS Ascending TriangleNXS is on its way to big pump. If it can break upper line of its ascending triangle the pattern will complete and big pump is on its way. Chikou Span is breaking price up and big thick red cloud will end in couple of days. These very strong signals gonna pump NXS if it can break this resistance zone. Entry: 2600-3000 SAT Targets: 1) 3900 SAT 2) 4800 SAT 3) 5300 SAT 4) 5800 SAT 5) 6500 SAT 6) 7800 SAT 7) 9200 SAT 8) 10000 SAT Stop Loss: Close Daily Below 1900 SAT
NLong
by Crypto_Scorpio
Rounded Bottom and Parabolic Curve Theory idea for $BQXBTCThis is a personal research and idea for investment. DYOR and TIT... This is Voyager $BQX coin on a daily chart . :::DISCLAIMER::: This is a short 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: Late-Feb 2021 Estimated end: 1st week of June 2021 (30+ days from publishing) Price tag at time of publishing: 7,492 satoshi Expected price tag at end of pattern: 14,749 satoshi Sub-base 1 (.b1.1): 7,146 satoshi Base 1 price level: 8,396 satoshi Base 2 price level: 9,333 satoshi Base 3 price level: 10,375 satoshi Base 4 price level: 11,395 satoshi Safe trailing take profit area: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is showing early signs of an imminent trend reversal from green to red with Senkou span A closing in on B. This nuance will mark a bullish confirmation. Price Action (PA) is currently beneath the Kumo Cloud, which is still considered bearish trend . T/K crossed up today, which is a very stron bullish sign often taken as a buy signal when in a bullish trend . This is when the blue conversion line (Tenkan sen) crosses up the yellow line (Kijun sen) from below. Chikou lagging span (purple in my setup) is buried inside PA, which is still bearish indication. The Parabolic SAR (represented as a white stepping line in my layout) is beneath the PA, which is a bullish trend nuance. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly affected 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.
BLong
by AponSOKS1978
1
Rounded Bottom Parabolic Curve Theory idea for $ANTBTCThis is a personal research and idea for investment. DYOR and TIT... This is Aragon $ANT token on a weekly 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. ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC (Bitcoin) T/K (Tenkan/Kijun Blue/Yellow lines) Sats. (Satoshis) TIME/PRICE PROJECTION Pattern start: Late-Aug 2020 Estimated end: 1st week of Aug 2021 (+/-100 days from publishing) Price tag at time of publishing: 1,604sats. Expected price tag at end of pattern: 7,635sats. Sub-base 1 (.b1.1): 1,941sats. Base 1 price level: 2,422sats. Base 2 price level: 3,422sats. Base 3 price level: 4,230stas. Base 4 price level: 5,038sats. Safe trailing take profit area: Recommended trailing take profit at 7,40sats. TECH INDICATORS (TA on the daily for lack of complete indicators on the 3-day chart) Some Ichimoku indicators are still unavailable on the weekly timeframe. On the 3-day chart the Kumo cloud is observed flat, indecisive market momentum as PA is attempting to climb and ranging for a long period. This is consistent with the sub-base and base 1 phase of PCT. We have a T/K cross down today which is bullish sign and Parabolic SAR (white stepping line on my layout) confirming bearish sentiment. This is consistent with a bearish divergence from 3 days back that is still probably trying to play out. Chikou lagging span (purple line on my setup) is downsloped but below developing Kumo cloud. All these indicators are bearish probably because there's an unresolved divergence like I mentioned before. NEWS CATALYSTS AND BTC VOLATILITY Some positive but not major news upcoming this year related to the governance token application. Seems mildly affected by BTC dips. EXPECTATIONS I expect a strong impulse up to base 1 after present divergence is resolved and further development as expected from PCT patterns. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
A
by AponSOKS1978
1
GBPNZD Bearish Divergence + DisequilibriumOn the hourly and half-an-hourly timeframe, GBPNZD is showing bearish divergence signalling a pullback/reversal from its highs. Furthermore, price action is making higher highs while the Relative Strength Index is forming lower highs . Additionally, there is disequilibrium between price and the conversion line (Fast Moving Average) on the hourly and 4-hourly timeframe. Price should retreat to meet the conversion line before potentially creating even more disequilibrium between the conversion line and base line which should also meet bringing price even lower towards it. Any tips/advice on how I could improve this analysis?
Short
by navshxrir9
BTCUSD bullish in the short termThe price has successfully crossed both the Kijun line and the upper limit of the Ichimoku cloud, which is a strong bullish signal and shows positive bullish momentum. At the moment the price is retesting the Kijun line as a support. The Kijun is a strong support/resistance level and if it holds (here at around 55900) price will likely bounce back resuming the upward trend. If the Kijun fails to hold the price, then next support level is the bottom of the cloud at around 52400.
BITFINEX:BTCUSD
by nacholf