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Ichimokukinkohyo

EURJPY Ichimoku Kinko Hyo AnalysisMonthly: Kijun-sen flat Tekan-sen flat (Price bounce at Tenkan) Kumo flat Chiko above candles Bullish Kyushu Ashi Weekly: Tenkan-sen; Kijun-sen overlap Price is above both Tenkan-sen and Kijun-sen Kumo flat Chiko above candles Bullish Kyushu Ashi appear => Price will be more likely sideway-up until next Kihon Suchi (17 April 2023) Daily: Tenkan-sen; Kijun-sen is up Senko-span A cross Senko-span B upward (still need to watch) Chiko above candles Since Weekly Kyushu Ashi is bullish => In a long term till 17 Apr , price can reach the target given
Long
by UnknownUnicorn30166852
BTC/USD - Analysis of recent events and a Double TopQuick BTC/USD analysis of the last few Months: Looking at the Price and the Relative Strength Index (RSI) Convergence/Divergence: From Tuesday 13th Sept 22 until Saturday 5th Nov 2022 we had Convergence with the Price and RSI which indicated a reversal was most likely on its way. Price = HH - LH (Higher High - Lower High) RSI = HH - HH (Higher High - Higher High) Next from Wednesday 9th Nov 2022 to Monday 21st Nov 2022 we had Convergence with the Price and the RSI which then lead to a reversal breakout. Price = LL - LL (Lower Low - Lower Low) RSI = LL - HL (Lower Low - Higher Low) Next from Sunday 29th Jan until Tuesday 21st Feb 2023 we had Divergence with the Price and the RSI leading to the bearish reversal drop that we are still in today. I suppose you could start this Divergence sooner if you wanted, but i have started it on the 21st Feb 2023. Price = HH - HH (Higher High - Higher High) RSI = HH - LH (Higher High - Lower High) Here is a closer look at the 1 day chart. Here is a closer look at the RSI Indicator. For those who are new and do not know, please note that Divergence/Convergence with the Price and RSI is indicted by the Straight Yellow Lines on the Chart and RSI Indicator. A few other bits. BTC has also created a Double Top Pattern as indicated by the 2 circles on the chart with arrows. The 1st Top was at Monday 15th Aug 2022 and 2nd Top was at Tuesday 16th Feb 2023. Note that BTC tried to get above this support level 3x and failed all attempts at closing above this resistance line. BTC is still in an Ascending Channel Pattern, while it did break out of its Upper Resistance Trend-line, it did not CLOSE ABOVE it, so this Upper Resistance Trend-line is still valid. Using the Lower Trend-line of the Ascending Channel and the Double Top Resistance line, we can also say that BTC may also be in an Ascending Triangle Pattern. At the moment of typing this, BTC is still below its 50MA (Yellow Line) and has found some support from its 200MA (Red Line). Looking at just the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) of the Ichimoku Cloud, we can see that BTC is in the Equilibrium Zone Inside the Cloud. Note that a successful daily candle CLOSE BELOW the 200MA will also bring BTC under its Leading Span B (Senkou Span B) support level into the Bearish Zone of the Ichimoku Cloud. Please note that i am not using the traditional 9,26,52,26 settings for this cloud. Looking at the Bollinger Bands, we can see that we have had massive expansion of the Upper and Lower Bands for the negative side, BTC is still way below its Middle Band Basis 20 Period SMA and note that the Middle Band is still Pointing Downwards. Note that BTC is still walking on the underside of its Lower Band. My thoughts: While Silvergate Bank’s liquidation may have contributed to the drop we are still in, looking at this chart, we can clearly see that the Price and the RSI were already giving the warning signs back in February especially with the Double Top and Price/RSI Divergence. We will now have to see if the 200MA holds as Support, if it doesn’t then next is the Lower Trend-line of the Ascending Channel Pattern. During these recession, it is iInteresting times ahead for BTC and the whole Crypto market. In any case, i hope this post has been informative and has helped those who are new to charting and using Price/Oscillator Convergence & Divergence to help predict possible price movement.
BITSTAMP:BTCUSD
by TradingThroughTheLens
SECRET - Blocked in a short term rangeAfter a huge retracement, prices found support on the 0.57$ area, one of the most important long term support. This box show a range scenario, without strong interest from investors on this project for the moment. Two main scenarii : First : prices break the resistance at 0.92$ So the activity should be back and the token will be able to go back at 1$ and 1.40$ as second extension. Second : Prices break the support at 0.57$ Then, expect another leg down to a lower support, at 0.47$. This short term range should be monitored during the next few weeks !
BINANCE:SCRTUSD
by Augustus1st
VET/USDVET/USD very quick update. Here is a closer look at this VET/USD 1 day chart: VeChain is in a new smaller Descending Channel which is in a massive Descending Channel. VeChain is also in a massive Symmetrical Triangle. At the moment of typing this, VeChain is still in the Bullish Zone above its Ichimoku Cloud. At the moment of typing this, VeChain is still above its 200MA. Note that the 50MA is still traveling upwards so we may eventually see the 50MA cross above the 200MA on this 1 day chart. Not that overall traded volume is still very low compared to what we were getting from 2018 to 2021. Looking at the Average Directional Index (ADX DI) we can see that the Trend Strength is dropping with the ADX (Orange Line) at 36.08 and under its 9 Period EMA (Black Line) which is at 39.52. Positive Momentum has dropped with the +DI (Green Line) dropping to 19.73. Negative momentum has also dropped a little with the -DI (Red Line) slightly dropping to 15.87 on this 1 day chart. I hope this very quick update is helpful.
BINANCE:VETUSD
by TradingThroughTheLens
Demand Zone Active on Ranging Market 🦄 Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. This happens to be a Demand Zone. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside. Please proceed with caution as market on weekly chart is ranging mode. Key Areas Key Support area: 0.411 - 0.436 (Potential Entries) Key Resistance area: 0.666 - 0.705(Potential Targets) Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not. Do not risk entire portfolio on a single trade. Remember market is king! Stay healthy and happy trading!
Long
by KinaStar
Bullish Trend Continuation Idea 🐮 Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again. H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And coincides with HTF Uptrend as potential continuation for it. Please note there's a trendline that if broken upwards will strongly signal the bullish move upwards but if you wait for that you'll enter at a more higher price so proceed according to your strategy. Key Areas Key Support area: 0.4106 - 0.4200 (Potential Entries) Key Resistance area: 0.6000 - 0.6500 (Potential Targets) Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not. Do not risk entire portfolio on a single trade. Remember market is king! Stay healthy and happy trading!
FLong
by KinaStar
ichimoku cloud indicates 35K top and rests for a few monthsBitcoin again surprising everyone and breaking upward. Indicators are looking good. It looks like the ichimoku cloud opens up around 35K, which neatly meets the previous low before the capitulation. This looks like a good place to set targets and expect either a pullback or a rest before moving higher. How long this will last isn't clear, but if this is similar to the previous bear/bull flip, expect it to hang in and around the cloud before breaking up.
BITSTAMP:BTCUSD
by mwinmill
XAGUSD Ichimoku Kinko Hyo AnalysisMonthly: Kumo flat Tenkan-sen; Kijun-sen flat Chiko below candles Price is under Tenkan-sen, Kijun-sen No trend Kyushu Ashi => Monthly no trend Weekly: Senko-span A and B cross Chiko above candles Price below Tenkan-sen, Kijin-sen Bearish Kyushu Ashi => can expect price will be sideway-down until next Kihon Suchi (27 March or 22 May) Daily: Kumo down Kijun-sen, Tenkan-sen flat (Kijun-sen will be down in 10 March) Chiko below candles Price is within Tenkan-sen (equalibrium in short term) Consider to sell when short term equalibrium is broken down and Kijun-sen points down in 9 March If after 9 March Kijun-sen down but short term equalibrium still remain => wait the price to break the support to sell
FX:XAGUSDShort
by UnknownUnicorn30166852
AUDCAD Ichimoku Kinko Hyo AnalysisMonthly: Range Weekly: Kumo flat Tenkan-sen down; Kijun-sen flat Chiko above candles Bearish Kyushu Ashi Note: Price will be likely sideway-down until around 24 April 2023 Daily: Kumo down Kijun-sen down Tenkan-sen flat => equalibrium in short-term Chiko below candles Bearish Kyushu Ashi => can still continue till 27 March 2023 Conclusion: Buy signal: not recommend to buy because price can be volatile Sell signal: when price in Daily break the support (equalibrium in short term is broken) (0.90454) => Tenkan down
Short
by UnknownUnicorn30166852