Ichimokukinkohyo
TLMUSDT ✨ Double Bottom Reversal or Breakdown ContinuationWe are at a very important level right now. We either get any of these 2 situations so be prepared:
Double Bottom created with RSI Divergence confirming the bears power has been totally exhausted at this point and price will start reversing till next Supply zone.
Target Supply zone area: 0.020 - 0.021
2. We get a downwards momemtum candle breaking down current support area and it would most likely go to the next demand zone where buyers will be eager to buy cheaper.
Target Demand zone area: 0.013 - 0.012
Please note this is Daily Timeframe analysis so it will take longer to play out. Still, stay alert because we are at a current point of interest.
Make sure to risk a % of your entire portfolio and manage risk accordingly.
✨Kina ✨
SP500 UpdateToday put in a Squat Bar (Bill Williams Theory) as well as a Wiseman Div. Not what we want to see. Bulls don't want to relax here, it's not a good spot to take a rest.
If you're in good profits, now may be a time to take a lil off. Or tighten up stops etc.
The sector chart I referenced ( Communication, Discretionary, Energy etc) didn't show in the video, I guess TV doesn't allow other windows to be shown... but it's a StockCharts image showing which Sectors perform at which points in the Business Cycle... And all indications based on that chart show us in a Recession. Time will tell.
As always, good luck, have fun, practice solid risk management.
VET/USD - My Longterm PlanVeChain update with my opinions and what i plan to do if my opinions are correct:
Here is a closer look at the 1 day VET/USD chart:
While VET did have a nice move up from $0.0152 to $0.032, that impetus is gone and VET is now making Lower Highs and Lower Lows.
Notes:
VET is still in its Descending Channel Pattern.
VET is back in the Bearish Zone of the Ichimoku Cloud.
VET is under both its 50MA and 200MA levels.
The 50MA has crossed back under the 200MA on this 1 day timeframe.
If we look at the volume for VET/USD, it’s been very low since around July 2021 and has not really recovered.
On this chart, i have added various Support and Resistance Lines as well as Areas of Interest as highlighted with the Black Dotted Lines with Yellow Shading.
If we look at the Chaikin Money Flow (CMF Indicator), we can see that the MF Line is still very near its 0.00 Base Line, a cross below the 0.00 Base Line will take VET into Distribution on this 1 day Timeframe. Note the the MF Line is still below its Least Squares Moving Average (LSMA) Line.
My longterm Hodl plan for VET/USD:
I still believe we will see $0.0096 to $0.0084 especially when the USA finally admits publicly that it is in a Recession, which when it does, will mean it’ll actually be in a Depression. So if this recession plan follows through then i will be looking to buy in around $0.0096 to $0.0084 and longterm hold until it reaches back to the ATH of around $0.28 and then re-asses the situation. A successful Daily Candle close below $0.0152 will be my first confirmation that we may see below $0.01.
With the potential oncoming of this world depression, if the only way out for the US is to start WW3 to counter BRICS, the loss of the Petro Dollar, the loss of sanction power and the growing +$32T of debt then i believe we could see $0.0057 to $0.0043.
When the oncoming recession/depression pivots and the new Bull-Run starts, after a while, keep an eye out for when the Mainstream Media starts broadcasting to the public about huge Crypto Gains! When this happens you’ll suddenly have random family and friends who now want to jump into crypto because it has gone up 1000s of %! This will be the time to consider taking profit on any long term hold as all the newbies jumping on the band wagon will be providing EXIT LIQUIDITY to those who got in at a really low price. Once this happens, then the market makers will change direction and become Bearish as Bulls and Bears are the same people I.E they are the Market Makers. I have seen this happen twice now with the Crypto market, once in 2017 and another in 2021.
As always, we must keep an eye on what BTC/USD is doing.
Anyway, this is all just my opinion and i have other strategies in place for if we don’t see sub $0.01 again.
I hope this post is helpful.
DEXTUSDT ❤️ Trend Continuation Set upAs you can see DEXT has been in a rising channel until it eventually gave the breakout pattern after touching Supply Zone marked by the red rectangle afterwards price got rejected. Please take this area as our Take Profit zone.
We have a perfect triangle formed making lower highs consistently now it's about to burst. So we either get:
Breakout upwards wait for a re-test and enter long.
Target would be: 0.85 area
Breakdown and wait for a re-test and enter short.
Target would be: 0.45 to 0.47 area
Please note this is a long term set up. Manage risk accordingly. I'll update situation when price makes a relevant move according to our idea here.
Regards,
Kina ❤️
EURUSD Ichi Analysis - Anticipating LowerMonthly is Bearish across the board, with the only structural exception being the TK Pinch of price.
Weekly is Bullish, so showing it in a Pullback of the overall Bearish Trend (Based off the Monthly timeframe). While it's above the cloud, it's also put in a Bear Div, followed by a close below the Kijun, one of my favorite signals.
Daily is showing quite Bearish. All 5 Ichi signals are Bearish.
Unless we see a rise in price up and through the Descending Forecast Line on the 4hr, and it's ability to hold that level, as well as above the 4H Cloud, I will be hunting Shorts on this pair for the coming week.
As always, good luck, have fun, and practice solid risk management
Power Finance CorporationHello & Welcome to this analysis
It is now approaching a bearish Harmonic ABCD and it that process also forming a rising wedge suggesting some profit taking might come in.
In the short term stock has support at 175-165 and below that near 150 where medium to long term investors would come in. It has resistance around 184-187, if it manages to breach above it then next resistance is near 210.
Overall medium to long term has strong upside potential and could be a strong SIP candidate.
Happy Investing
XLMUSD 🔥 Breakout or Breakdown 🔥After hitting supply zone around 0.11 - 0.10 it started to decline up to the point that we are currently at a demand zone. From this zone I think 3 things could happen:
We get a bounce off this level to continue the descending triangle pattern up until TARGET: 0.09 and then it could actually breakout from the entire triangle instead of declining again but we'll have to see how price reacts once it hits the triangle resistance.
Price breaks down then the next target would the nearest demand zone at around: 0.07 - 0.08 so we'll see how this plays out.
As always, manage risk accordingly. Never risk entire portfolio and study by yourself before you commit to an investment.
Regards,
Kina 🔥
How to use the Ichimoku baseline and SMA7 crossover as an entry?The reason for combining the baseline with SMA is that the baseline provides a good signal for price continuation, while the crossover gives a solid and reliable signal for entering a trade. This signal also helps to identify a suitable point for placing your stop loss. To use this signal, you must wait for the crossover and then enter the trade after the first candle closes below or above the crossover. Your stop loss should be placed behind the signal candle:
if your entry point is too far from cross over point, you can just ignore the signal and avoid the trade cause the risk and reward ratio it this situation is not suitable:
Network 18Hello and welcome to this analysis
After 13 years of downtrend its now trying to consolidate and form a higher low (March 2023) with the all time low made in March 2020.
Stock is currently on a pullback of its trend line breakout with support at 40-36 and immediate resistance between 62-72.
Sustaining above 72 it could rally till 125-170-270. While failure to hold 31-30 could lead further selling pressure.
EURCHF Ichimoku Kinko Hyo AnalysisMonthly:
Kumo down
Kijun-sen is pointing down
Tenkan-sen flat, however price is below Tenkan-sen
Chiko below and far from candles
No trend based on Chiko 9
Weekly:
No trend based on 5 lines
Kumo flat, not thick
Tenkan-sen, Kijun-sen also flat
However, Chiko broke the previous 26 candles
Bearish Kyushu Ashi (Price can range-down till next Kihon Suchi 26 June 2023
Daily:
Kumo down
Kijun-sen, Tenkan-sen down
Chiko below candles
Price is reacted the small blue trendline
if break the trendline, no looking for sell chances and wait how the price react in 31 May 2023
Good time for long on EURUSD /BB/RSI/ICHIHi, TradingView community! I would like to share with you my analysis on EURUSD. It looks like we have a potential opportunity to take a buy position, based on several key factors.
I present my observations below:
Duration of analysis:
H1-D1 intervals (position: daytrade / max 2 days)
Current situation:
Ichimoku: .
D1: EURUSD after the dead cross signal from D1 - realized the target (touching the cloud)
.
Bollinger Bands + RSI: .
D1: Price is at the lower Bollinger band
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H4: Price is at the lower Bollinger band and RSI is at ~30
H1: Price stops 3 times at the lower Bollinger band and RSI is at ~30 level
.
In addition, on the lower intervals the Haiken Ashi candles are turning upward:
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Please keep in mind that trading in the financial market involves risk, so it is always important to apply appropriate risk management principles. This is just my personal analysis, so I always recommend that you carefully check the data and make your own assessment before making a trading decision.
I encourage you to share your insights and opinions on this topic. I look forward to your comments!
Warning: this publication does not constitute investment advice. Trading in the financial market involves the risk of capital loss, so always evaluate your investment decisions carefully.
Ichimoku Target Price Theory V, N, E and NT CalculationsTHE BASICS:
Here is a close up of the Ichimoku Kinkō Hyō indicator:
Many people do not know that the Ichimoku Kinkō Hyō cloud system has its own Number, Wave, Target Price and Timespan Theories. After years of study, the numbers that Goichi Hosoda choose for his system are 9, 17, 26 as the basic numbers with 33, 42, 65, 76, 129 and 200~257. These numbers are used in the timespan as well as on the indicator itself.
9 is used for the Conversion Line (Tenkan Sen)
26 is used for the Base Line (Kijun Sen)
26 is also used for the Lagging Span (Chikou Span) and is used to shift the current price back 26 periods. The Lagging Span (Chikou Span) is an exceptional part of the system and allows you to see possible support and resistance levels without drawing any lines.
The Leading Span A (Senkou Span A) is calculated using the Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) values and is then plotted 26 periods into the future and shows potential future support and resistance levels.
The Leading Span B (Senkou Span B) is calculated using double of 26 so 52 periods and is then and is then plotted 26 periods into the future. This also shows potential future support and resistance levels.
Note that:
The Area ABOVE the cloud is called the BULLISH ZONE.
The Area BELOW the cloud is called the BEARISH ZONE.
The Area IN BETWEEN the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) levels is called the EQUILIBRIUM ZONE.
Note that the Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) ARE NOT MOVING AVERAGES but are instead calculated high and low midpoints of the price. So the Conversion Line (Tenkan Sen) is high and low calculated midpoint for the last 9 Periods (short-term) and the Base Line (Kijun Sen) is high and low calculated midpoint for the last 26 Periods (mid-term).
THE ADVANCED:
Ichimoku Kinkō Hyō Target Price Theory with examples:
How accurate is Goichi Hosoda’s Target Price Theory? Using the history of the DJI/USD chart….. it turns out the calculation are very accurate.
Note that i have added in timespans from Hosoda’s numbers to see if there is a day of change on the Ichimoku numbers 9, 17, 26, 33, 42, 65, 76, 129 and 200~257. Note that you can be flexible with these numbers so if a day of change is 8 days instead of 9 or 77 days instead of 76 then that is fine with this system.
Ichimoku System has 4 Price Target Calculations called V, N, E and NT. A few of these we will see below. As you’ll see below, the calculations do change if they are POSITIVE or NEGATIVE.
If we look at the Positive N Calculation from the Monday 3rd August 1896 until Monday 6th sept 1897 we can see that it was spot on.
N Calculation positive
N = C + (B-A) = D
(B) $32.55 - (A) $20.77 = $11.79
(C) $27.79 + (B-A) $11.78 = (D) $39.57
The actual price it went to was $40.41
If we look at the above Negative V Calculation from the Monday 29th Sept 1929 until Monday 5th sept 1931 we can see that again, the calculation was spot on.
V Calculation Negative
V = B - (C-B) = D
(C) $302 - (B) $194 = $108
(B) $194 - (C-B) $108 = (D) $86
The actual price it went to was $85.76 and continued to $40.72
If we look at this Negative N Calculation from the Monday 9th November 1931 until Monday 30th May 1932 we can see that again, it was almost spot on.
N Calculation Negative
N = C - (A-B) = D
(A) $118.86 - (B) $69.85 = $48.75
(C) $89.87 - (C-B) $48.75 = (D) $41.12
Actual = $43.52 and continued to $40.72
If we look at the Positive V Calculation from Monday 4th July 1932 until Monday 17th July 1933 we can see that again, it was almost spot on.
V Calculation Positive
V = B + (B-C) = D
(B) $81.63 - (C) $48.81 = $32.82
(B) $81.63 + (C-B) $32.82 = (D) $114.45
Actual = $110.90
If we look at the Negative V Calculation from Monday 4th Nov 1940 until Monday 13th April 1942 we can see that again, it was almost spot on.
V Calculation Negative
V = B - (C-B) = D
(C) $131 - (B) $114 = $17
(B) $114 - (C-B) $17 = (D) $97
Actual = $92.60
If we look at the Positive NT Calculation from Monday 23rd March 2020 until Monday 10th May 2021 we can see that again, it was spot on.
NT Calculation Positive
NT = C + (C-A)
(C) $26,114 - (A) $18,217 = $7,897
(C) $26,114 + (C-A) $7,897 = $34,011
Actually price went up to $36,971 which was until Monday 3rd Jan 2022.
If we look at the Negative V Calculation from Monday 12th Dec 2022 until Monday 13th March 2023 we can see that again, it was close but off from about $600 but still would’ve made a profit.
V Calculation Negative
V = B - (C-B) = D
(C) $34,344 - (B) $32,582 = $1,762
(B) $32,582 - (C-B) $1,762 = (D) $30,820
Actual price went to = $31,428
I have done these examples on the 1 week chart but this system also work for lower timeframes. I could go through and add much more calculations but i think you get the point with just these few. I hope this post has been helpful and insightful.
For those interested, below are 2 links to my previous post about Ichimoku Kinkō Hyō that you may find helpful.
Ichimoku Wave Theory:
Ichimoku Crypto:
BTC SHORT TERM LONG + EVERYTHING YOU NEED TO KNOW.DONT FORGET TO CHECK MY PREVIOUS ANALYSIS,
BTC CURRENTLY IS TRADING IN BETWEEN 20K-23K, ONCE BULLS HOLD 23200 AND CLOSE ABOVE THIS NUMBER WE MIGHT VISIT 30K FOR SURE. THE MARKET MIGHT RANGE IN BETWEEN 22K & 30K AS WELL FOR A LONG TIME. SO IF YOU ARE A SCALPER YOU MIGHT ADVANTAGE FROM ITS MOVEMENT, + Dont Forget To Match With Your Strategy.
TO LEARN MY WAYS JUST DM ME.
Like + Comments Will Be A Big Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.