Ichimoku Analysis for BTCWith price getting a good support of tenkan san for couple of days & also tenkan san direction changing upwards, #BTC is good to go till 20.5k. Daily closing below tenkan san will act as invalidation for the same.
Ichimokukinkohyo
AUDUSD downtrendComment:
AUDUSD is down on both weekly and daily timeframes.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market may continue to down till 0.6251 (Apr 2020 support)
Ichimoku Analysis ETHWith tenkan pointing downwards, 1404 will act as a strong resistance. The bounce from major support isn't good
Ichimoku Analysis for BTCIf lagging stays inside the price after today's closing, then price will become range bound for sometime between 21.2k and 19.5k.
EURUSD is bearish but may retraceComment:
EURUSD both Weekly and Daily timeframes show the market is downtrending.
Ichimoku Trend Analysis (KTS) on Daily timeframe:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market has been resisted by Weekly descending trend line. However market may reverse for the next couple of days because
- Kumo is thin on a Daily timeframe
- Currently forming a Pin bar on Daily timeframe
So better to wait for a breakout of 0.9554.
OIL INDIA LTDHello and welcome to this analysis
Oil India in the daily time frame after activating a Bullish Harmonic ABCD completed a 38% Fibonacci retracement. In the process it activated an Ichimoku C Clamp in the weekly time frame.
Stock could be accumulated between 180-190 for 210 (short term) 240 (medium term) and 350 (long term)
View would be invalid below 170
Happy Investing
Ichimoku Analysis for BTCFinally broke the P-wave, Need some consolidation below it for a price to move towards 15k.
Ichimoku Analysis ETHAt a critical support here. With all the indicators bearish, breaking this support will take it to 1100.
Ichimoku Analysis ETHPrice bounced from the support here, however we can see a small tenkan/kijun bearish crossover here. Hence I will stay away from any new long position for now.
BATUSDTWill the trend continue?
Will it touch the wave 5 targets (blue boxes) in the medium term?
Just an analysis that can easily be wrong.
Ichimoku Analysis for BTCWe are at the P-wave support breaking it along with tenkan/kijun bearish crossover will be DOOM for #BTC, i.e 12k.
Ichimoku analysis for ETH So weak support is not holding well. If today’s closing is below it then we all know what will be the next stop. So weak support is not holding well. If today’s closing is below it then we all know what will be the next stop.
Ichimoku Analysis for TOTAL278.6% is a good local support. Losing it will be BAD for #ALTS . Keep an eye on Tenkan/Kijun crossover for further direction on this.
Ichimoku Analysis for BTCPrice is still in P-wave channel. With tenkan pointing upwards, we can get a bounce till 20.5k here.
Ichimoku Analysis ETHPrice closed below the clouds and We are also getting a tenkan/kijun bearish crossover. Once this is confirmed than next stop will be 1272. In between we have weak support of 1396.
Ichimoku Analysis ETHThis is the reason we are waiting for a breakout as it is getting resisted by 50% fib levels. We have a bullish tenkan & kijun crossover with bearish kumo cloud direction suggesting Volatility, may be due to #ETHMerge.
Ichimoku Analysis for BTCFor #BTC to make any epic move, it has to break out of the P-wave first. Till then only Scalping is logical. 21481 is the new Kijun support for it. Closing below it will get us 20k again.
Ichimoku Analysis for ADAGot resisted here. Will look for short once lagging comes below the cloud and also price closes below tenkan.
ENJUSDTIn a period of several months, we will see a further fall in the price in the form of wave 5
Just a personal analysis and opinion that can easily be wrong
Ichimoku Analysis ETHGot the kumo support. Since it's still inside kumo, we need to be patient.
Consider 50% and 61.8% fib levels as your resistance & support resp.
NOTE that even though cloud is bearish BUT pointing in UPWARD direction.
💡Don't miss the great Sell opportunity in USOIL!Hi dears
It seems that due to the revival of the JCPOA with Iran, and the entry of Iranian oil into the world markets, we will witness a drop in oil prices in the coming days. From a technical point of view, we should pay attention to the red trend line, whenever it is broken, the probability of oil fall increases.
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BIOCONHello and welcome to this analysis
BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM
Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it.
This could now rally till 320-340 where it meets falling trend line resistance. The structure would be considered wrong if it breaks 298
