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.
Ichimoku Cloud
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
Activision Blizzard earningsNASDAQ:ATVI is one to watch tomorrow on earnings.
It is at a 50% level now at the close prior... but does not fit my TA rules for a long based on Ichimoku timing. Also, earnings can destroy even the best of setups. People played (and bought) a lot of video games last year but will that continue?
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.
AUDCAD potential P wave breakoutComment
AUDCAD H4 P wave break downwards possible as per below Ichimoku analysis.
Ichimoku Analysis
- Kumo (Senko span A) is down
- Kumo itself is thick and long
- Kijun sen still slightly down
- Chiko Span below candles
Next Scenario
Once market breaks the P wave, then it can reach to the support at 0.9456.
If market breaks P wave upwards, then it goes back to Kijun sen.
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.
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?
GBPUSD geat place for sell with a good reward/riskthis analyse is based on ichimoku and priceaction .
based on weekly ichimoku you find out there is a great reverse and now there is a realy strong resistance on the last week ichimoku .
the only way price can go to is the marked target and for that it must break the line that is shown which is not that hard...
if there is any questions just ask me.
EURJPY continuously bullish trend by IchimokuComment
EURJPY Daily timeframe continuously shows bullish trend as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo (Senko span A and B) up
- Kijun sen is up
- Chiko Span above candles
Next Scenario
Now that the market has been consolidating for the last 3 days, better to wait for a resistance inside bar breakout at 132.37.
BTCUSD next target: ATHAs expected, price action breaking out from the Ichimoku cloud showed positive bullish momentum for BTCUSD on the daily chart. After a brief retest of the Kijun Span as a support, price bounced back up nicely and there are no particular resistance areas at the moment, considering also that the Chikou span is now pointing upwards and free from any blockage.
The stage seems set for a new bullish run to ATH.
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.
GBPCAD Daily continuously downtrend by IchimokuComment
GBPCAD still shows downtrend by below Ichimoku confirmations.
Ichimoku Analysis
Kumo (Senko span A and B) down
Kijun sen down
Tenkan sen down
Chiko Span below candles
Next Scenario
After the breakout of support level of 1.7153, market looks to be a continuous downtrend. It could retrace back to Tenkan sen or Kijun sen and then reach to 1.6768 level.
EURCAD H4 downtrending by IchimokuComment
EURCAD H4 shows a continuous downtrend as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Market is reaching to the Daily support level of 1.4722. Whether it breaks or not is the topic for next week.
BTCUSD facing resistanceThe BTCUSD price action on the daily chart is facing the resistance of the Kijun line (in the circle) in the Ichimoku setting at around 55900 and is currently retracing. A retracement to the bottom of the cloud at around 52400 is possible before resuming the upward trend in the short term.
A break of the bottom of the cloud instead, could usher the way to a new downward movement.
GBPCAD broke previous support and downtrending by IchimokuComment
GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.
CADJPY uptrend in Daily timeframe by IchimokuComment
CADJPY Daily timeframe shows a strong uptrend as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario
As long as market is above the Tenkan sen, the market is bullish. It can reach to the next resistance level at 89.219 level.
EURJPY continuously bullish in Daily by IchimokuComment
EURJPY Daily timeframe shows a continuous bullish trend as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo (Both Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above the candles
Next Scenario
The market is heading towards the previous resistance at 133.128 level.
As long as market goes bullish above Tenkan sen, we can look for a buying opportunity.
CADCHF H4 is uptrend by IchimokuComment
CADCHF H4 timeframe shows uptrend as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo (Senko span A) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario
1. Look for buying edge by M15 or M5
2. Wait until resistance breakout at 0.7393 level (as well as Daily Kijun sen) breakout and buy
EURJPY Daily bullish by IchimokuComment
EURJPY is bullish as per Ichimoku confirmations as well as ascending P wave structure.
Ichimoku Analysis
- Price above Tenkan sen, Kijun sen, and Kumo
- Chiko Span above candles
Also, market is in ascending P wave structure where resistance between 13.067 and 130.98.
Next Scenario
We can watch H1 or M30 and follow uptrend, expecting the breakout of the resistance. Otherwise, it will go down and test the trend line and Tenkan sen in Daily timeframe.
Decisive weekend for BTCUSD Span B of the Ichimoku cloud (red line) tested yesterday but succesfully contained the downward movement. It is still holding at the moment providing nice support around 49600 with price action struggling to go below it. today and tomorrow will be key in determining the direction of btc in the short to mid term.
Gold at Ichimoku V target. Here is the next scenarioComment
Gold Daily chart shows that the market has reached to V target at 1793.27 level on 21 Apr. Please refer to below Ichimoku analysis.
Ichimoku Analysis
- Market reached V target on 21 Apr
- Time cycle shows that the next Henka-Bi is 23 Apr
Also, below is Ichimoku 5 line analysis.
- Kumo (Senko span A and B) flat
- Kijun sen flat
- Tenkan sen flat
- Price in the Kumo
Next Scenario
Market is currently ranging based on above Ichimoku confirmations, however, since Chiko Span is above the candles, market is still shows bullish momentum.
- Daily chart scenario:
Better wait for Kumo breakout (Sanyaku Kouten) for continuous uptrend confirmation
- H4 chart scenario
Since H4 shows bullish momentum, we can still follow H4 uptrend as long as market is above Kijun sen