Ichimoku Analysis for BTC1. Lagging inside price
2. Tenkan & Kijun Bullish crossover
3. Senkou Span A bearish.
Coc.: Interesting PA happening ryt now. Price above kijun & tenkan. Kumo is bearish. Need to watch for now. 4hr tf shows a drop to 20.8k.
Ichimokukinkohyo
So far my outlook for Eur/Gbp is still going down.I would shift the current position of the SL at the break-even point. So far my outlook for Eur/Gbp is still going down.
I'm just trying to reduce the potential loss if there is an extreme movement that can change the direction of the market. It is better to secure funds by moving at the break-even point.
Ichimoku Analysis ETH1) Lagging inside price.
2) Price above Kijun
Conc.: Lagging inside the price & price above kijun, could consolidate here for next move. Need to be careful as Kumo is pointing downwards. Closing above 1242 will get 1400.
Ichimoku Analysis for BTCSo we got the P-wave breakout, but price was resisted at the Kijun.
Two scenarios from here I can think of:
1) Price gets resisted by the Senkou span A or kijun and come back below the recent lows.
2) The price breaks into the cloud and reach Senkou Span B gets resisted there and then breaks it to 34k
EurUsd Another Low Tested Before Rise?15 mins chart is indicating probably eurusd will fall again. The risk is above 1.0181 (senkou b).
Trade well. Trade wisely. 🙏🙏🙏
Ichimoku Analysis for MATICon 4hr tf will get resisted at 0.58 level. As per daily tf it will enter the cloud if it breaks that level.
Ichimoku Analysis ETHPrice is near to Kijun. Most likely will get resisted here. If it does and comes back below tenkan, than SHORT.
Ichimoku Analysis for BTCWith all the indicator bearish, still looking for short opportunity on 1 day tf. Most likely after P-wave breakout.
If you are looking for scalp long, than 19.7k will be your sl based on 4hr tf.
EurAud Continues To Correct Lower?15 mins chart is indicating bearish mode for EURAUD. possibly we'll see lower price from now. I also marked the risk area. It is always the highest kumo (cloud) for the running candle.
Trade well. Trade wisely. 🙏🙏🙏
There are significant changes to Gbp/Aud today.There are significant changes to Gbp/Aud today. if yesterday's analysis showed that there was an indication that the price was at strong support, the added kumo cloud indicated an indication of increased buying volume, but today the kumo cloud indicates a significant selling movement and the price is possible to break through the support (blue box area) we will wait until the end of today to see the end of the candle whether it can go through support.
Short term buy for eurgbp?15 mins chart is indicating there is bullish momentum developing. For this ling position the risk is BELOW the cloud (the risk area on the chart)
Trade well. Trade wisely.
Ichimoku Analysis ETHWith lagging slowly coming near to the price, it could be going for more sideways movement with tenkan as its support. 1242 is still its resistance.
Ichimoku Analysis for BTC have been saying since many days that consolidation is going on. Still many becomes bullish & bearish on a small pump. Need to be careful with your trade since indicator is still in bear phase. Instead of trying to find the bottom for $BTC, need to look for short opportunity.
Short Term Short For UsdJpy?Based on 15 mins chart it is bearish for usdjpy. Risk for the short position is ABOVE 135.92 (the risk area).
Trade well. Trade wisely. 🙏🙏🙏
Gbp/Aud confirmation for bull candle. Ichimoku analysis on Gbp/Aud shows that there is strong support (in the blue box), where the push, kijun and kumo seem to form a flat line. Areas like this are usually strong areas. Seeing the ichimoku cloud is also starting to thicken for an early sign of buying influence. It's better to keep waiting for a bullish candle to confirm the entry of a strong buyer.
Ichimoku Analysis for BTCkumo crossover is still pending on 4 hr tf. Also the lagging is inside the price. If you are looking for scalp opportunity than need to wait for these indicator to turn bullish.
Ichimoku Analysis for BTCChikou span coming close to the price and all the remaining indicators pointing downwards. Similar pa happened earlier, after which a consolidation happened before a new move.
Ichimoku Analysis ETHPrice is above Tenkan now. However this time keep an eye on chikou span as it is slowly making its way into the price. If it gets in the price than it will help in consolidation for next move.
Short term buy for oil?Could this be a short term buy for oil? At least is shown by h1 chart of oil. All indicators are appointing to the bullish side. Risk area now is BELOW senkou A.
Trade well. Trade wisely. 🙏🙏🙏
BTC/USD - Weekly Chart Falling Wedge Pattern and a P WaveBTC is in a massive Falling Wedge Pattern. A Falling Wedge Pattern is potentially a Bullish Reversal Pattern. Note that the APEX of the Falling Wedge Pattern is around March/April 2024.
BTC is in a Negative Ichimoku P Wave Pattern. BTC has been in 2 Previous P Waves from the all time high and both P Waves ended with further drops to the downside.
BTC is also in a massive Ichimoku Y Wave Pattern. This gives us a new All Time High potential target for BTC if it does eventually rise and especially if its stays above the Lower Descending Trend-line of the Falling Wedge Pattern.
BTC is still deep in the Bearish Zone of the Ichimoku Cloud on this 1 Week timeframe. Note that we have already had a Kumo (Cloud) Twist into a RED Bearish Cloud on this 1 Week timeframe.
BTC is still below its 200MA. A successful WEEKLY CLOSE ABOVE the 200MA and successful re-test as support is crucial for any longterm uptrend to become viable. Note that BTC has closed 3 weekly candles below its 200MA.
BTC is still below its Least Squares Moving Average (LSMA) on this 1 Week timeframe.
BTC is still way below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that both the Lower Band and Middle Band are pointing downwards and the Upper Band is pointing upwards but we may see the Upper Band curve and start moving downwards.
At the moment of typing this, BTC has found some resistance from its 78.60% Trend-Based Fib Extension Level.
At the moment BTC has found some support from its Descending Pitchfork Median Line.
The Black Horizontal Trend-line at around $17,588 is a crucial level to watch.
Looking at the Average Directional Index (ADX DI) we can see that The Trend Strength is Strong with the ADX (Orange Line) at 30.19 still above its 9 Period EMA (Black Line) at 24.70. Negative Momentum is slightly downwards with the -DI (Red Line) at 38.57 and Positive Momentum is also sideways within a range with the +DI (Green Line) at 12.18.
From my opinion, if you are waiting to go long with BTC/USD for the Mid to Longterm, i would air on the side of caution at the moment because i still believe that £12K is a huge possibility especially with inflation increasing to help pay back the trillions of $ and billions £ printed during the covid pandemic to prop up the stock market.
Mid to Longterm, we need to see a successful weekly close ABOVE the 78.60% Trend-Based Fib Extension level, the P Wave as well as the 200MA with a successful strong re-test as support on this 1 week timeframe. A successful close ABOVE the LSMA and successful re-test as support will also be a good sign of potential renewed Mid to Long-term upwards momentum. As usual, BTC needs to get back ABOVE and CLOSE a weekly candle ABOVE its BB Middle Band Basis. Until we see all of the above, then Mid to Longterm wise, it’s sideways within a range at best or downwards at worst.
Again this is all just my opinion so please do your own research as its your money.
I hope this is helpful with your Trading and Hodl-ing.
Short Escape (Buy) For Dow?Based on 30 mins chart, there is bullish moment currently for Dow Jones. For this short buy position the risk is below senkou B (I mark with the text as risk area)
Trade well. Tradr wisely. 🙏🙏🙏
Ichimoku Analysis for BTCStill holding onto that support. Now kijun is also pointing downwards along with kumo. Weekend volume saved it from further downfall. Toady will be interesting for $BTC.
