Ichimoku Cloud
ZUO Daily BreakoutZUO is beginning to breakout on the daily chart from the long term bearish trend line (purple) after crossing over the 200 period MA (yellow line). There is plenty of support from ichimoku clouds (green shaded area). The regression channel (red and blue shade) shows a 96% correlation which indicates this is a strong bullish trend (thick blue line). Bulls should be looking to buy on a red day that comes close to this trend line. The next key level of resistance is around 17, and should be monitored to see if the price can successfully break above. Historically, ZUO has played in very tight range bound areas.
DAX- KIJUN BOUNCE- ICHIMOKU. NEXT TRAGET LEVELGER30:
We seem to see a C Clamp happen in 15 mins and a kijun bounce price seen. .
If DAX crosses the 13760.9 level then the next resistance level is 13851.7.
If it fails to cross 13760.9 then a reversal could be in place once its crosses lower to 13730.6.
No Mars for Bitcoin?Papa Elon was not able to launch BITFINEX:BTCUSD to Mars with his tweet. The spike nature of the daily bar of that event, with it closing back below support with a long wick, is NOT a bullish sign. The pump was simply not sustained.
The most likely case is a return to test the supports of 29800 in the near term.
ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!The ZRX/BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move.
This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud.
Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.
EURU USD ( just IDEA)hello ,
With the election of Biden as President of the United States and the policies of the party, the dollar will strengthen. Now given the technical situation and the analysis of the Ichimoku system, as you can see, the euro has a big and strong uptrend, so it is a bit difficult to expect the euro to fall from this point, so my guess is that the euro will rise to the previous level. Then, as the Ichimoku Cloud becomes thinner, the Euro will begin to fall by forming a double high pattern and descending from the thinned Ichimoku cloud zone.
good luck.
wanna risk a long on btc when everyone is hyped??why not stonks just keep going up. why shouldnt btc do the same. good luck predicting the top of this market cycle lmao
your long could get rekt, dont risk more than 1-2% per trade, trade well folks and use VERY SMALL POSITION SIZE because high volatility. 10% moves have become the norm. Dont be a wise guy doing 25x.
Markets ranging atm. till support breaks i aint gonna be overly bearish..mostly neutral on btc atm.
Ichimoku trade: FISV into earningsContinuing with my trading Ichimoku this year I caught a trade on NASDAQ:FISV at the bottom of the daily cloud. I'm looking to play a Call as earnings approaches in February.