Ichimokukinkohyo
💡Don't miss the great BUY opportunity in XAUUSDIt seems that gold is still in an upward trend. The area shown as a box in the chart is the right area to buy.The numbered blue lines show important support areas whose intersections occur in the buy zone box.
Be sure to enter the buy position with the right strategy. And log in if you see purchase signs.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad❤️🌹
ETHUSD Ichimoku Bullish on 4H below Resistance4H INDEX:ETHUSD Ichimoku Analysis
Lagging Span is above Price and Cloud and rising
Conversion Line crossed Base Line and both are rising
Price is above cloud
Additional Indicators
ADX is rising
MACD is bullish
4H Resistance / Support Zone
Resistance between 1225 USD and 1232 USD
Support between 1185 USD and 1180 USD
Long Idea - When resistance zone turns to support and Kumo twist happend than Long
Take Profit Target: 1280 USD
GBPAUD Ichimoku Kinko Hyo analysisWeekly:
Kumo flat, thin
Price break Tenkan-sen
Kijun-sen flat
Chiko-span in candles
Daily: Kumo flat
Kijun-sen, Tenkan-sen flat (cross)
Chiko-span broke candles
H4:
Kumo down (thick)
Kijun-sen down
Tenkan-sen down
Chiko-span below candles
Kyushu Ashi analysis:
Daily: far from daily candles => can down till next Kihon Suchi (12 Jan 2023)
KALA New Drug on the Street Hi Traders
We can't say much here!
As always history has shown us when a new drug goes on the market we have 3 scenarios:
1 we're going up (green path)
2 the medicine is not good we are going down (red path)
3 we don't know what the medicine is like until many people take it let's go sideways (purple path)
with all that is happening at the moment we are following the first scenario the probabilities looks good, but we will see as soon as the index open.
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Thanks for reading!
BTC/USD - is BTC still in a downtrend?Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us.
BTC is still in a massive Falling Wedge Pattern.
BTC is also still in a massive Ichimoku Y-Wave pattern.
Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe.
At the moment of typing this, BTC has crossed back under its Least Squares Moving Average (LSMA) on this 1 week timeframe. A successful close below the LSMA and successful re-test as resistance will indicate that the direction of travel will most likely continue downwards.
BTC is still way under its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 week timeframe.
Looking at the Descending Pitchfork Pattern, we can see the Support and Resistance levels that BTC has been hitting on this indicator.
Here is a closer look at this 1 week chart:
BTC is still in the Bearish Zone of all 3 of its major Ichimoku Clouds.
Looking at BTC’s most important Ichimoku Cloud:
The Conversion Line (Tenkan Sen) is indicating that mid-point the short-term momentum is downwards at the moment.
The Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways at the moment.
The Lagging Span (Chikou Span) is indicating that momentum, at the moment is starting to slope downwards.
Using the Negative V Calculation from the 1 Month Chart, and using the Ichimoku Timespan Numbers of 65-Bars and 76-Bars starting from the ATH at $68,789.63 back in Nov 2021, we have 2 potential timeframes for the price target $9,916.
V Calculation Negative (from 1 month chart)
V = B - (C-B) = D
C $25,160 - B $17,538 = $7,622
B $17,538 - (C-B) $7,1622 = $9,916
D1 = $9,916 The week of 6th Feb 2023
D2 = $9,916 The week 24th April 2023
Note that this is NOT a bottom for BTC but is a PRICE TARGET using the Ichimoku V Calculation (Negative).
Looking at the Up/Down Volume, we can see that the Volume Traded since around June 2021 has been nothing when compared to what has been previously traded in the past.
Looking at the Relative Strength Index (RSI) we can see that the RSI is pointing downwards and still has plenty of room to move downwards before becoming Oversold on this 1 week timeframe. Note that the RSI is getting very close to crossing under is 9 Period EMA.
From my opinion, before anyone can start talking or preaching about bottoms, reversals and bull-runs, we need to talk about fundamentals and what is happening to the world economy. We also now know that the Crypto world isn’t yet a hedge against inflation and we also need to accept the fact that the world is already in a recession and possibly heading into a depression in 2023.
From my opinion BTC is still in a mid to longterm downtrend. That is NOT going to change unless BTC crosses back ABOVE and more importantly CLOSES ABOVE its 200MA on the 1 Day Chart for Mid-Term and 1 Week Chart for Long-Term. If/when this happens, be on the lookout for any successful re-test as support on these timeframes.
Once this world wide recession fully bottoms out be it in 6 months, 1 year, 2 years, 5 years or 10 years and when the powers that be have had their fill of transferring wealth from the Middle Class and the Poor to the elites, then true opportunities WILL ARISE for those who are ready.
Again this is all my opinion so I hope this post is helpful.
GBPCAD Ichimoku Kinko Hyo AnalysisDaily:
Kumo flat
Tenkan Kijun flat
Chiko above candles
H4:
Kumo down (Kumo quite thick)
Kijun down
Tenkan flat
Chiko below candles
=>Take H4 to trade
Price is in daily bearish Kyushu Ashi
price mostly likely will down or sideway until next Kihon Suchi (30 Dec 2022)
Entry in LTF if price break the short-term range
TESLAHello & welcome to this analysis
In the monthly time frame we can see the stock has broken and continues to trade below the Ichimoku Base line support, suggesting a likely test of the Ichimoku clouds in the coming months.
In the weekly we can see a Head & Shoulder formation with the right shoulder withing a parallel channel. Sustaining below $205 (weekly) this could break all the way down to $150 before any relief / value buying comes in.
Short term bounces here there might come due to oversold zones, but overall structure has become very bearish for the medium term.
eur/usd Someone is Fishing in the OceanWhen the candles go from big to small (trading volume) then something big is coming...
the chart shows that it is going down..
if the price closes below the strong support (after resistance) then some will make a nice bonus for the holidays..
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S&P500 - 1 Day Chart - Short Price Target of $2,880S&P500 1 Day Chart:
Short Price Target
V Calculation Negative
V = B - (C-B) = D
C $4,102 - B $3,491 = $611
B $3,491 - (C-B) $611 = $2,880 Price Target
Ichimoku Timespan:
A to B = 41-Bars (42-1)
B to C = 34-Bars (33+1)
C to D = 75-Bars (76-1) (41+34=75) Wednesday 22nd March 2023
Notes:
The Ichimoku Conversion Line (Tenkan Sen) looks like it is about to cross back under the Ichimoku Base Line (Kijun Sen) on this 1 day timeframe.
The Ichimoku Lagging Span (Chikou Span) looks like it is about to drop under the price from 26 Periods ago.
Note that the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) support is very thin where the S&P500 Price is located at the moment.
We have a Double Top at the 50% Fib Level $4,102 which is located around C of our Ichimoku V Calculation.
The S&P500 Price is under its Bollinger Bands Basis 20 Period SMA and we have expansion of the Upper and Lower Bands and this is for negative momentum.
The S&P500 Price is also under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range.
Looking at the Moving Average Convergence Divergence (MACD) indicator, Momentum is downwards and we can see that the MACD Line is still under its Signal Line and is getting very close to the 0.0 Base Line.
From my opinion, analysing all the above indicators it's looking very likely that we will see the Price Target of $2,880. This will also be fully confirmed when/if the Leading Span A (Senkou Span A) crosses back under the Leading Span B (Senkou Span B) creating a Kumo Twist into a Bearish Red Cloud on this 1 day timeframe.
I hope this is helpful.