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Ichimokuindicator

SANDUSDT.P trade idea - 4H Ichimoku levelsHere we trade SANDUSDT using 4H Ichimoku levels/zones. What do we see? - price made a higher high - RSI appears to remain bullish (higher high) It further looks like we did not yet reach our take profit area. We might therefore expect a higher push, towards zone 1. For our entry, we identified what looks like a gap in the 4H Ichimku conversion line (Tenkan sen, bleu line). Indicated by the arrows left on the chart. We draw a zone and yes, it looks like we did find support on that level. We enter for a long position with 25% of our budget, 1x leverage. Take profit on zone 1. Stop loss below the next support level underneath our zone. Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tolerance. Happy trading!
Long
by FR_Ambrosius
Trading idea OPUSDT.P - 4H Ichimoku cloudWhen prices go up, look for shorts. Here we trade 4H Ichimoku zones. Orange zone is the first place to look for a short on OPUSDT perpetual contract. What should we be looking at in order to trade this idea? Simple, observe the reaction when prices hit the zone, use RSI divergence as confirmation. - 4H close above the zone? - Higher high on RSI(14) on the 4H chart? Then we don't trade this idea. This set-up takes out liquidity above the previous highs. We might expect prices to fully penetrate the zone. Entry 2 gives you the best risk. For our stop loss, we look for a resistance level above the zone. We identify a resistance level at 1.1450 USDT on the Ichimoku chart, indicated by the arrow (left hand side on chart). For targets, we look at the current zone. Prices might break below 1 USDT, but lower take profits are less probable. We only take the high probability trade here, from level to level. Set your alert on 1.115 USDT and trade the reaction of the zone. Happy trading!
Short
by FR_Ambrosius
2
🔥 ARUSDT Primed for LONG on DAILY TF ✅Daily Time Frame: 1. Strong Bullish Candle Close and Lagging Span have crossed up Ichimoku Cloud 2. Ichimoku Cloud has printed green (look right) 3. Conversion Line has crossed up Base Line 4. 9 and 21 EMA have crossed up 55 EMA 5. Absurd Volume on Breakout (look left) 6. Buy Signals have been printed on various indicators since Oct 11 Entry: ~$14/wanna take a chance on a pullback which might never happen ~$10~$12) = Strong Demand/Support Zone, Even Number TP: ~$40 = April High, Even Number, Strong Supply/Resistance Zone SL: ~$8.2 = some pips below previous swing low/if you really believe in this coin ~$6.99 (some pips below ATL)/DCA for HODLING Cross 25x 1:4 R:R !! NOT A FINANCIAL ADVICE !!
Long
by OTWhale
1
BTC/USD - 1D Chart Update with Triple Ichimoku CloudsQuick BTC/USD 1D chart update. A range of $12K to bottom $9K price target for BTC/USD is still in play. $9K will probably be hit with just a quick wick downwards from $12K. V Calculation (Negative) V= B-(C-B) = D C $25,160 - B $17,538 = $7,622 B $17,538 - (C-B) $7,622 = $9,916 Note that the above calculation is from the 1M Chart but i have added it onto this 1D chart. Note that BTC is still under our 3 unique Ichimoku Clouds. Here is a closer look at this 1d chart: If we look at our main Ichimoku Cloud we can see that: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid-point of the short-term momentum is sideways at the moment on this 1d timeframe. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways at the moment on this 1d timefram. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment is sideways. Note that the Lagging Span (Chikou Span) is still under the past price. End of the Bear Market will be signified when the price crosses back above our Leading Span B (Senkou Span B) of our third largest Kumo (Cloud) and all 3 Kumo Leading Span A (Senkou Span A) create a Kumo Twist turning all 3 green. Note that the Leading Span B (Senkou Span B) is near the trope of the Descending Wedge Pattern. BTC is still in its downwards Pitchfork Pattern and is getting very close the its Pitchfork Median Line. Note that the Price found Resistance from its Upper Light Green Pitchfork Resistance Line. BTC is still in a Descending Wedge Pattern and a massive Ichimoku Y-Wave. Looking at the Bollinger Bands, we can see that BTC is still way below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that both the Middle Band and the Lower Band are still pointing downwards and the Upper Band is starting to curve downwards. So we could see some consolidation before the next big move downwards. Looking At the Average Directional Index (ADX DI) we can see that the Trend Strength is strong with the ADX (Orange Line) at 39.04 and still above its 9 Period EMA (Black Line). Positive Momentum has increased slightly but is still low with the +DI (Green Line) at 9.47. Negative Momentum has dropped but is still dominant with the -DI (Red Line) at 29.95. For your viewing pleasure, here is a look at the amazing accuracy of all 3 of these unique Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) Clouds (Kumo) as support and resistance levels. This is all my opinion so i hope this has been helpful.
BITSTAMP:BTCUSDShort
by TradingThroughTheLens
5
BTC/USD price target if it breaks below its Descending TriangleBTC/USD is still in a massive Ichimoku W Wave Pattern. BTC is still in a Descending Wedge Pattern and a Descending Triangle Pattern. BTC is still in the Bearish Zone of the Ichimoku Cloud. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indication that the mid-point of the short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indication that the mid-point of the mid-term momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment is slight upwards but overall ranging sideways. If BTC breaks below its descending Triangle pattern Using Negative V Calculation a price target of around $9,916 is produced. V Calculation (Negative) V= B-(C-B) = D C $25,160 - B $17,538 = $7,622 B $17,538 - (C-B) $7,622 = $9,916 The above V Calculation is taken from the 1 month chart but I have added it onto this 1 day chart. For your viewing pleasure, below is the BTC/USD 1 month chart. Notice that we have a timescale pattern of 9 Bars and 17 Bars on the above 1 month chart. 17 Bars takes us to the month of 1st April 2023 but due to crypto volatility, the price target may be achieved much sooner. Note that 9 and 17 are part of the Ichimoku Kinkō Hyō Number Theory. This is all just my opinion using the Ichimoku System. In any case, i hope this is helpful.
BITSTAMP:BTCUSDShort
by TradingThroughTheLens
6
BE CAREFUL !!! BTC Might Still Go Down1. Daily Close at $15.6K with no long wick indicates overwhelming selling pressure while buying demand stays the same/diminishes 2. All Ichimoku Indicators pointing a big bearish movement on Daily, alongside 2 big bearish candlesticks (strong bearish momentum) 3. R:R of 1:2 | Entry/TP/SL; that is widely used for this indicator on Daily Time Frame, is shown above 4. All of these indicate that BTC might still have one more big move down, before a potential true bottom 5. Best scenario would be a daily close at $12K zone with a long wick to $10K zone with a big volume (possibly touching $9,8K) The safest way to invest is still by DCAing your best coin (make sure you do an extensive research) Trading in future market right now is very risky, only do this if you are confident in your R:R TP/SL and your analysis All eyes on Binance and FTX/Alameda deal now (which has gone sour) Should FTX deliver a good news/FTT go up (which is very unlikely), crypto market might recover Should FTX be the 2nd LUNA, expect a market capitulation THIS IS NOT A FINANCIAL ADVICE
by OTWhale
2
BTC "FINAL HOPE" on Nov 2ndFED FOMC Decision on Nov 2nd weighs heavy upon all markets, including crypto market. While other markets have shown high volatility in accordance with any macro related news, crypto market surprisingly moves in a calm manner despite being known for its infamous volatility, which actually scares me the most. Why? Because it means that any major macro news will release the spring that's been holding crypto market, especially Bitcoin, and will launch it with ultra volatility that can be either up or down. Knowing which movement will take place before the price action actually happens on Nov 2nd gives you total advantage on that very specific ultra volatile price action. So let's break down all the data that we can use to help us determine which direction will occur: TECHNICAL ANALYSIS - Heikin-Ashi Candles show that we are still in a strong downtrend, you can see it clearly especially on higher time frames (weekly, monthly) - Ichimoku Cloud is still above the price, with a huge red cloud along with other strong resistances that we've seen rejecting the price for weeks - A huge red Ichimoku Cloud is still being projected ahead, and no sign of turning green anytime soon - Conversion Line (yellow) is below the Base Line (blue), crossing it down - Lagging Span (purple) is still below the cloud, which crossed down back on April (and hasn't yet crossed up), which indicates we're still in a strong downtrend since then - 50 EMA (yellow dots) is still above the price, and far below 200 EMA (blue dots) which is still waaay up there, untouchable - A Bearish Descending Triangle from Sept 13th local top (in blue) which has rejected the price and acts as a strong resistance - A Strong Support Zone between $17.500 - $18.500, along with the base line of the Descending Triangle, which has proven to be a strong support area FUNDAMENTAL ANALYSIS - Macroeconomic conditions is getting worse and worse, no sign of getting better anytime soon, including wars - All those bad things combined with actual data, give no reason for the FED to stop their hawkish stance anytime soon, in fact these give them all the reason to keep getting it tighter and tighter, I really doubt FED will pivot even if the UN and all countries in the world urge them to do so, at least not on Nov 2nd - USD is skyrocketing - Previous similar bullish patterns might not work, considering the macros atm (if previous similar patterns indicate a capitulation, then it will most likely be the same this time around, unless something good miraculously happens) CONCLUSION - Overall I'm still super bearish at the time of this writing - I won't even consider a trend reversal from bear to bull market, let alone saying that this bear market has bottomed, unless the price crosses above the ichimoku cloud, closes there, and maintains the position there ($21K-$22K range), or even shows some strong bullish momentums. I still prefer a breakout and close above $32K though. !!! HOWEVER, CHANCES ARE, THESE ARE BULL TRAPS. BE CAREFUL NOT TO BE SUPER BULLISH IN A BEARISH MACRO !!! - If this time price breaks $17.5K-$18.5K strong support zone in a single move, high chance it will be a disastrous cascade down (imagine all the SLs there) - A break and close below the previous $17.6K low, and macro pressure, will signal a prolonged downtrend (it can be a fake, a bear trap, but only for a short time) - If a big capitulation does occur, and BTC creates a lower low, I really can't say if the true bottom is there unless FED pivots and macro conditions are getting better, BUT there will be a quick recovery movement upwards (usually until the previously broken strong support), and then ranging again until the next major events - A bear market doesn't mean the price can't go up big time - Coin inflow/outflow from exchanges, volume, DOMs, etc might be the work of manipulators, ride the trend, stay with macros, and don't fight the FED - Next BTC halving might indicate bottom and the start of the next bull run, we'll need to see how our macros doing then DISCLAIMER This is an article, not a financial advice Do your own research, spend your money wisely Your money is your own responsibility, so is your action
by OTWhale
4
Ichimoku Kinkō Hyō Wave Theory Introduction and Indicator BasicsIchimoku Kinkō Hyō Wave Theory Introduction and Indicator Basics Cheat Sheet. Note that there are 5 Waves in the Ichimoku Kinkō Hyō System. 1: I Wave 2: V Wave 3: N Wave 4: P Wave 5: Y Wave I Wave = 1 directional movement in price up or down over a period of time. V Wave = 2 directional movements in price over a period of time so 1 direction movement up over a period of time and 1 directional movement down over a period of time. Or 1 directional movement down over a period of time and 1 directional movement up over a period of time. Note that a V Wave is made from 2 I Waves. N Wave = 3 movements in price over a period of time so 1 price movement up over a period of time, 1 shorter price movement down over a period of time and 1 longer price movement back up over a period of time. Or 1 price movement down over a period of time, 1 shorter price movement up over a period of time and 1 longer price movement back down over a period of time. Note that an N Wave is made from 3 I Waves. P Wave = 2 Converging trend-lines. The P Wave is similar to the Bullish/Bearish Pennant but note that with the Ichimoku P Wave it does not matter the amount of times that the price hits the upper and lower trend-lines. Y Wave = 2 Diverging trend-lines. The Y Wave is similar to the Bullish/Bearish Inverted Triangle Pattern or Megaphone Pattern but note that with the Ichimoku Y Wave it does not matter the amount of times that the price hits the upper and lower trend-lines. Please look at the above chart if this all sounds a little confusing and it will all become clear. For those interested, the 3 basic and most important Waves I, V and N are used in Ichimoku Price Theory for both Negative and Positive price directions. V Calculation: V = B + (B-C) for Positive and V = B - (C-B) for Negative. N Calculation: N = C + (B-A) for Positive and N = C - (A-B) for Negative. E Calculation: E = B + (B-A) for Positive and E = B - (A-B) for Negative. NT Calculation: NT = C + (C-A) for Positive and NT = C - (A-C) for Negative. Here is a post with some examples of the Ichimoku Price Theory in action. Back to Basics for those who are new to The Ichimoku Kinkō Hyō. Note that i’ll be using the original Ichimoku settings 9,26,52,26 in this write up but not on the actual chart. The Ichimoku Cloud is comprised of 5 indicators, The Conversion Line (Tenkan Sen), The Base Line (Kijun Sen), The Leading Span A (Senkou Span A), The Leading Span B (Senkou Span B) and the The Lagging Span (Chikou Span) with 3 areas of interest, the Bullish Zone, The Bearish Zone and the Equilibrium Zone. The Conversion Line (Tenkan Sen) is the midpoint of the last 9 Period highs and 9 Period lows in whatever timeframe you are in. As well as being a potential support or resistance level, the Conversion Line (Tenkan Sen) also gives you a sense of potential short-term price momentum in whatever timeframe you are in as well as potential reversals. So if the Conversion Line (Tenkan Sen) is pointing either upwards, sideways or downwards, then this gives you a sense of what the short-term price momentum is in whatever timeframe you are in. Note that the Tenkan Sen is not an SMA or EMA and should not be treated as such. The Base Line (Kijun Sen) is the midpoint of the last 26 Period highs and 26 Period lows in whatever timeframe you are in. As well as being a potential support or resistance level, the Base Line (Kijun Sen) also gives you sense of potential mid-term price momentum in whatever timeframe you are in as well as confirmation of a trend change if the Tenkan Sen crosses under the Kijun Sen. So if the Base Line (Tenkan Sen) is pointing either upwards, sideways or downwards, then this gives you a sense of what the mid-term price momentum is in whatever timeframe you are in. Note that the Kijun Sen is not an SMA or EMA and should not be treated as such. The Lagging Span (Chikou Span) is a momentum indicator and also a 2nd confirmation indicator that enables you to see potential trend changes. The Lagging Span (Chikou Span) is the current price shifted 26 periods in the past. If the Lagging Span (Chikou Span) indicator is above where the price was at 26 periods ago then that is considered an uptrend for the timeframe you are in. If the Lagging Span (Chikou Span) indicator is below where the price was at 26 periods ago then that is considered a downtrend for the timeframe you are in. A Bullish and Bearish confirmation signal can be seen if the Lagging Span (Chikou Span) indicator crosses up (Bullish) or under (Bearish) for that previous 26 period price respectively, but also using the other indicators as confirmation. If the Lagging Span (Chikou Span) is inside the previous Price from 26 Periods ago, then that is considered sideways trading, choppy or trend-less. The Leading Span A (Senkou Span A) is a Leading momentum indicator and is calculated from the Conversion and Base Line values. Note that the Leading Span A (Senkou Span A) is plotted 26 Period into the future and identifies future areas of support and resistance. The Leading Span B (Senkou Span B) is calculated using double the periods of 26 so 52 Periods and is again plotted 26 Periods into the future and also identifies future areas of support and resistance. The Leading Span A (Senkou Span A) & Leading Span B (Senkou Span B) make up the Cloud (Kumo). If the Cloud (Kumo) is green, that indicates we are potentially in a Bullish Trend for that timeframe. If the Cloud (Kumo) is red, that indicates we are potentially in a Bearish Trend for that timeframe. The area above the cloud is the Bullish Zone & the area below the cloud is the Bearish Zone. The area Inside of the cloud is the Equilibrium Zone, which can be seen as trend-less, uncertainty or trading sideways. A key move to look out for is if the Leading Spans A,B are Crossing/Twisting from either a green cloud into a red cloud or vice versa to indicate a trend reversal for the timeframe you are in. Note the Cloud (Kumo) can be Red or Green while the price action is in the Equilibrium Zone depending on if it dipped down or up into the Cloud (Kumo). Note that because we dip downwards outside of the Cloud (Kumo) that doesn’t mean the Cloud will turn red because we may rebound before the Leading Span A (Senkou Span A) gets a chance to cross Leading Span B (Senkou Span B) and vice versa. If the Cloud (Kumo) is thin pointing upwards or downwards then this is a good sign of momentum. When the Cloud (Kumo) starts getting wider, that means momentum is slowing down. An important thing to note is that the Conversion Line (Tenkan Sen) & Base Line (Kijun Sen) are not SMA’s or EMA’s they are X amount high/low calculated period midpoints, so they should not be used as SMA or EMAs. I hope this basic quick introduction is helpful with your trading and hodl-ing.
BITSTAMP:BTCUSDEducation
by TradingThroughTheLens
5
UPDATE: UNI UP 43% after bullish daily signal.UNI pumped 43% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 63. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently UNI is also above its Bollinger Bands Middle, Band Basis 20 Period SMA. Which is a bullish sign as well. Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28
5
Ichimoko Cloud Breakout StrategyWe Must Pullback to Komu After Breaking Span B you can trade It. you must wait for signal from lowwer timeframes and if you find any reason for reverse you can trade it to span B and After That if you find Any Reason to back to trend you can enter in direction of trend and so on. but you must pay attention to pullbacks no early enter before you get expert in this method lower timeframes confirmation needed. its suitable to 15 timeframe and up. :D 100 % If practice is not forgotten Any Chart you Want you can use
TVC:GOLD
by Seyed_MEJZ
2
BTC top down analysis using IchimokuI am currently seeing BTCUSDT as bearish according to Ichimoku. My view is that we should only look to take short trades if price breaks below the support level at 17622. You can expect price targets, or other zones of support, around 16300 and 15000. If you would like to view the full analysis, starting at the weekly level, going to the 4H chart, then look below: Weekly: Daily: Using daily again to find possible zones of support/price targets: Intraday analysis and next steps: Even on lower timeframes I would only consider shorts right now. The picture is bearish across multiple timeframes. What do you think?
Short
by ichimokucorner
2
S&P500 Index - Multi timeframe analysis with the Ichimoku CloudMulti timeframe analysis of the S&P500 Index using the Ichimoku Kinko Hyo with original 9,26,52,26 settings, i have also added Volume Profiles (VPVR) and (VPFR) onto the charts. 1 DAY CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is upwards at the moment. This will possibly change to sideways or even downwards on the open of the next daily candle. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Point of the Mid-term momentum is sideways at the moment. Note that support at the Base Line (Kijun Sen) has failed on this 1 day timeframe. The Ichinoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment…… is downwards. Note that the Lagging Span (Chikou Span) is still under the price from 26 periods ago and is i the Bearish Zone under the Kumo (Cloud). The Kumo (Cloud) is still red. Note that the Leading Span A (Senkou Span A) has started to move upwards but will swing back down if the price continues to drop. Note that the Leading Span A (Senkou Span A) is still under the Leading Span B (Senkou Span B). Be on the lookout for if/when the Leading Span B (Senkou Span B) starts to move downwards on this 1 day timeframe indicating further strength to the downside. Note that the price is still in the Bearish Zone under the Kumo (Cloud) on this 1 day timeframe. Note that on this 1 day timeframe, the Price is under all of the Ichimoku Cloud indicators so let’s have a look at the 1 week timeframe and see if we have any Ichimoku support levels. Volume Profiles: Note that the Price is still under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. Not that the Price is still under its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 14x daily candles i have selected. 1 WEEK CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is downwards at the moment. Note that the price has found some resistance from the Conversion Line (Tenkan Sen) on this 1 week timframe. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Point of the Mid-term momentum is sideways at the moment. Note that the Conversion Line (Tenkan Sen) is still under the Base Line (Kijun Sen) indicating strength for short term downwards momentum. The Ichinoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment…… is downwards. Note that the Lagging Span (Chikou Span) is still under the price from 26 periods ago. Note that the Lagging Span (Chikou Span) has dropped below the Leading Span A (Senkou Span A) and is now back in the Equilibrium Zone on this 1 week timeframe. The Kumo (Cloud) is still red on this 1 week timeframe. Note that the Leading Span A (Senkou Span A) has started to move downwards and is still under the Leading Span B (Senkou Span B). Note that the price is still in the Bearish Zone under the Kumo (Cloud) on this 1 week timeframe. Note that on this 1 week timeframe, the Price is under all of the Ichimoku Cloud indicators so let’s have a look at the 2 week timeframe and see if we have any Ichimoku support levels. Volume Profiles: Note that the Price is still under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. Not that the Price is still under its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 11x weekly candles i have selected. 2 WEEK CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Point of the Mid-term momentum is sideways at the moment. Note that the Conversion Line (Tenkan Sen) is still under the Base Line (Kijun Sen) indicating strength for short term downwards momentum. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment…… is downwards. Note that the Lagging Span (Chikou Span) is still under the price from 26 periods ago but is still in the Bullish Zone above the Kumo (Cloud). The Kumo (Cloud) is still green. Note that the Leading Span A (Senko Span A) is still above the Leading Span B (Senkou Span B). Note that the Leading Span A (Senkou Span A) is moving sideways at the moment but the Leading Span B (Senkou Span B) is moving upwards, be on the lookout for if the Leading Span A (Senkou Span A) starts to move closer towards the Leading Span B (Senkou Span B). Be on the lookout if the price drops below and closes below the Leading Span A (Senkou Span A) into the Equilibrium Zone on this 2 week timeframe. Note that the price is still in the Bullish Zone above the Kumo (Cloud) on this 2 week timeframe. Note that on this 2 week timeframe, the Price is under the Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) but still has the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) as potential support levels. Let’s have a look at the 1 month timeframe and see if we have anymore Ichimoku support levels. Volume Profiles: Note that the Price is still under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. Not that the Price is still under its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 6x 2 weekly candles i have selected. 1 MONTH CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Point of the Mid-term momentum is upwards at the moment. Note that the Conversion Line (Tenkan Sen) is still above the Base Line (Kijun Sen) indicating strength for short term sideways momentum as the indicator is moving sideways at the moment. The Ichinoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment…… is downwards. Note that the Lagging Span (Chikou Span) is still above the price from 26 periods ago and is still in the Bullish Zone. The Kumo (Cloud) is still green. Note that the Leading Span A (Senkou Span A) has started to move upwards but may swing back down if the price continues to drop on this 1 month timeframe. Note that the Leading Span A (Senko Span A) is still above the Leading Span B (Senkou Span B). Be on the lookout for if the Leading Span A (Senkou Span A) starts to move closer towards the Leading Span B (Senkou Span B). Note that the price is still in the Bullish Zone above the Kumo (Cloud) on this 1 month timeframe. Note that on this 1 month timeframe, the Price is under the Conversion Line (Tenkan Sen) but still has the Base Line (Kijun Sen) Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) as potential support levels. Volume Profiles: Note that the Price is still above its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. Not that the Price is still under its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 6x monthly candles i have selected. Notes: Please remember that the Conversion Line (Tenkan Sen) & Base Line (Kijun Sen) are not SMAs or EMAs they are X amount high/low period midpoints in whatever timeframe you are in, so they should not be used as SMA or EMAs. Note that there are other aspects to the Ichimoku Cloud which make it a very complete system such as Price Theory, Wave Theory and Time Theory but I won’t go into those on this post. Conversion Line (Tenkan Sen) = Highest High + Highest Low calculation over 9 Periods = Blue Line. Base Line (Kijun Sen) = Highest High + Highest Low calculation over 26 Periods = Red Line. Lagging Span (Chikou Span) = Today’s price displaced back 26 Periods = Green Line. Leading Span A (Senkou Span A) = Tenkan Sen and Kijun Sen calculation value displaced ahead 26 Periods = Cloud Green Line. Leading Span B (Senkou Span B) = Highest High + Highest Low over 52 Periods Value displaced ahead 26 Periods = Cloud Red Line. Bullish Zone = Above the Cloud. Equilibrium Zone = Inside the (Kumo) Cloud can be Green or Red. Bearish Zone = Below the Cloud. This was just a post to show how you can use the Ichimoku Kinko Hyo in multiple timeframes for support, resistance & momentum, so I hope this post has been helpful with your trading and understanding of the Ichimoku Cloud. So in which direction is the S&P500 Index going to go...... i leave up to you to make your own minds up ;-).
SP:SPXEducation
by TradingThroughTheLens
Luna to ZEROTechnical indicators are not as important in this case, but Luna broke through the green cloud on the weekly and on the daily is this represented as a red cloud. From a fundamental point of view is the price of Luna going to reach zero, but this destabilization period on Luna is high dependent on the case of UST gaining or losing its dollar peg. The UST peg is the root cause of Luna crashing as initial investors saw Luna´s stablecoin UST being pegged to USD as the main stabilizing factor to Luna´s success. Now when the UST peg has been lost do investor see Luna as a sinking ship, and further would the price of Luna continue to fall. Here do investors rather sell at 30 USDT than 0 USDT. Before the crash of Luna would the price stabilize itself as investors are not able to trade Luna on Binance do the price stabilize itself until Binance make it possible for investors sell of their recourses in Luna. When Binance opens Luna to be able to be traded does investors massively sell off and the price keeps getting pushed down. This second sell off is caused by investors disbelief in the product. The product in itself is the algorithmic stablecoins which keeps its value by burning Luna for UST to keep its peg to USD. Therefore do they need to burn Bitcoin reserves to gain USD to UST which was not possible in the first crash. This analysis has not taking into account for following: NASDAQ crash, BTC crash, Supply Chain issues and the war in Ukraine.
Short
by vf_investment
1