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Ichimoku Cloud

Bitcoin at Critical Retracement SupportBitcoin BITSTAMP:BTCUSD has pulled back to the Major 50% Retracement of the January rally at 20360. This is a key Support level that must hold to continue the bullish trend. Watch how price behaves at this level. If price holds the level (closes today above) and remains above then the bull case remains intact. If price closes below the level for 2 or more days the rally is over. Using Ichomoku analysis the bullish trend is not yet broken as price has pulled back to the bottom of the cloud but not yet broken through. This is a followup to the trend breakout that began January 12th as per my last post using Ichimoku to define the breakout.
BITFINEX:BTCUSD
by norok
1
$SPX $SPY Analysis, Key levels, and Targets $SPX $SPY Analysis, Key levels, and Targets So on the weekly timeframe…. SPX got slapped back under the ichimoku cloud… and the 50MA is holding it down… In my opinion today was just a dead cat bounce off of the 200MA on the daily chart. Next support level around 3760 Not a big update today, just some observations on the bigger timeframes… Have fun trading tomorrow…. It has been a fun week so far… let’s see how the week closes…
SP:SPXShort
by SPYder_QQQueen_Trading
4
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 58 days and is about 11% wide. It has risen since the last analysis and is looking slightly upward. The situation is still uncertain: on the short term there is downtrend, on the medium term there is laterality, and on the long term there is laterality/uptrend. The Kijun Trend indicator now indicates looking for long positions, although price is at Kijun levels and yesterday could have signalled short positions. Heikin-Ashi: The Heikin-Ashi confirms the bearish movement last week and the touch of the Kijun, which instead with regular candles was overcome. Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan - 25000.00 Fibonacci - 24800.00 Chikou cusps and flat zones of Kijun and Tenkan - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 24200.00 Chikou cusps and flat areas of Kijun and Tenkan - 23300.00 Chikou cusps and flat areas of Kijun and Tenkan - 21200.00 Chikou cusps and flat areas of Kijun and Tenkan - 20200.00 Chikou cusps and flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish/lateral. Hosoda waves calculated on an ABC pattern representing sideways momentum shows the following price levels on the waves: 26245 (NT), 22346 (N), 18447 (E), 17452 (V). From a fundamental point of view, the week generally closed with a sign of weakness in the markets despite the fact that equities closed slightly higher, while BTC closed a down week in anticipation of a potential recovery. In general, U.S. employment data are positive but U.S. GDP is not. It is important to assess the price close during the week on the following price structures: - Bullish: 24400.00-24800.00 - Bearish/Sideways: 23300.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle, we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - Dominance of BTC: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. 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
1
Weekly Analysis BTC via IchimokuGood start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 51 days and is about 9.9% wide. It has been up since the last analysis and always flat. In the short/medium term, the situation is now bullish/lateral: price is above Tenkan and Kijun. Tenkan and Kijun are flat on the same level. The Kijun Trend indicator now indicates looking for long positions, which changed from last week. Heikin-Ashi: The Heikin-Ashi confirms the bullish movement of the past week. Supports and resistances: - 29800.00 Chikou cusps and flat areas of Kijun and Tenkan. - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 23700.00 Chikou cusps and flat zones of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20200.00 Chikou cusps and flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish/lateral. Hosoda waves calculated on a new ABC pattern representing the sideways momentum shows the following price levels on the waves: 24160 (N), 20202 (NT), 26010 (E) and 27158 (V). From a fundamental point of view, the challenge between FED and Markets continues, where despite the promise to raise interest rates, the stock market is still up. This week also includes the FOMC meeting and MoM data. It is important to assess the price close during the week on the following price structures: - Rizalist: 25000.00-26101.00 - Bearish/Lateralist: 23100.00-22440.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. 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
Weekly Analysis BTC via Ichimoku Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 44 days and is about 9.9% wide. It has expanded further since the last analysis and but has flattened out. In the short/medium term the situation is bearish: price is below the tenkan, the tenkan is moving below the kijun. In the long term it's sideways/ bullish. In addition, the price, if it stays on this level, could enter the kumo again. There is uncertainty though. The Kijun Trend indicator now indicates looking for short positions. Heikin-Ashi: The Heikin-Ashi confirm the strong short- and medium-term bearish movement. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 23700.00 Chikou cusps and flat zones of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bearish/lateral and very uncertain. Hosoda waves calculated on an ABC pattern representing sideways momentum shows the following price levels on the waves: 24160 (N), 27700 (NT), 25621 (E) and 25421 (V). From a fundamental point of view, we are waiting for inflation and retail sales data. Also, Paxos was attacked by the SEC in connection with BUSD, which brought further distrust to the Crypto market. This ties in with the fight against staking in the U.S., as with the Nexo platform. It is important to assess the price close during the week on the following price structures: - Bullush: 22400.00 - Bearish/Lateral: 21300.00. 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: Collapsed. 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
Weekly Analysis BTC via IchimokuGood start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 37 days and is 8.5% wide. It has expanded further since the last analysis and Senkou Span A is looking upward. The situation is always bullish/lateral on the long term but on the short term it's a bearish momentum: the price is below the Tenkan. The Kijun Trend indicator always indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirms a strong short-term bearish movement. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 23700.00 Chikou cusps and flat zones of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish. Hosoda waves calculated on an ABC pattern representing sideways momentum shows the following price levels on the waves: 24160 (N), 27700 (NT), 25621 (E) and 25421 (V). From a fundamental point of view, we are at an interesting time with respect to inflation, where bond market yields are rising and there are thoughts of increased aggressiveness by the FED. It is important to assess the price close during the week on the following price structures: - Rizalist: 23700.00-24400.00 and Tenkan. - Bearish/Lateralist: 22400.00. Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. 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
Weekly Analysis BTC via IchimokuGood start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 30 days and is 7% wide. It has expanded since the last analysis and is now flat again. The situation is always bullish/lateral on the long term but on the short term the bullish momentum has stopped and the price is now below the Tenkan. The Kijun Trend indicator always indicates looking for long positions. Heikin-Ashi: The Heikin-Ashi confirms the bullish movement. After compression now a candel is forming without a body but with a very wide range. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat zones of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish, but with a specific lateral/bear momentum. Hosoda waves indicate a new ABC pattern with interesting price levels on the waves: 21685 (N), 29254 (NT), 14124 (E) and 8695 (V). From a fundamental point of view, there is caution waiting for FED data and quarterly reports, particularly from technology firms. But over the long term, bullish sentiment remains. It is important to assess the price close during the week on the following price structures: - Bullish: 24400 - Bearish/Lateral: 22400.00 and the Tenkan. Altcoin Cycle: For Bitcoin Dominance and the Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - BTC Dominance: Increased. - Price of BTC: Decreased. - Alt cycle expectation: Dump. 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
1
Weekly Analysis BTC via IchimokuGood start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 24 days and is 2.4% wide. It has expanded since the last analysis and is now flat. In concert the situation is always bullish/lateral. It is important to note that the price has bounced off the monthly Tenkan. The Kijun Trend indicator has been looking for long positions since January 10. Heikin-Ashi: The Heikin-Ashi confirms the bullish movement. There are many green candles with no shadow underneath. They have no shadow underneath but the body is compressing. Supports and resistances: - 25000.00 Fibonacci - 24400.00 Chikou cusps and flat areas of Kijun and Tenkan - 21200.00 Chikou cusps and flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 19100.00 Fibonacci For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame. For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Conclusions: The situation is bullish. Hosoda waves indicate a new ABC pattern with bullish targets on 21240 (N) and 28355 (NT). From a fundamental point of view, there is a lot of focus on inflation. The FED has confirmed a moderate approach to raising rates. Consumers have confidence and it brings a rise in indexes. However, to be monitored this week are the announcements on GDP, Personal Income and Personal It is important to evaluate the price close during the week on the following price structures: - Bullish: 24400 - Bearish/Lateralist: 22400.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decline. 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