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Ichimokukinkohyo

VTHO - quick 1d chart updateNote that VTHO is in a Descending Channel on this 1d timeframe. VTHO is also potentially in a Symmetrical Triangle pattern. VTHO is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that we may see the Lower Bollinger Band start to curve inwards if upwards momentum continues. VTHO is back above and has closed yesterday’s daily candle above its Least Squares Moving Average (LSMA) for this 1d timeframe. A close above the LSMA is a buy signal for traders who use this indicator. VTHO is still below its VPFR POC for this chart’s fixed range of 10 daily candles that i have selected. Be on the look out when/if VTHO closes successfully a daily candle above the VPFR POC. VTHO is still under its VPVR POC for this chart’s visible range. Volume is still relatively low on this Binance Chart and note that the last 5 daily Volume Bars have been below its Volume 20 period MA. Note that VTHO is still in the Bearish Zone of the Ichimoku Cloud using the 20,60,120,30 settings. For the longterm, we need VTHO to keep heading upwards towards the Ichimoku Cloud Equilibrium Zone on this 1d timeframe. Looking at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is curving upwards and looks like it may cross back over the Signal Line (Orange Line) which would be a buy signal of varying degree because the MACD Lien (Blue Line) is still under the 0.0 Base Line in the Negative Zone on this 1d timeframe. Note that we have not had a MACD Green Histogram since 11th Nov 2021. So long as VTHO stays above the LSMA, be on the look for a daily candle close back above the Bollinger Bands Middle Band Basis 20 Period SMA and successful retest as support. Also be on the look out for when/if the MACD Line (Blue Line) crosses back above the Signal Line (Orange Line) on this 1d timeframe creating a potential buy signal for traders who use the MACD indicator. I hope this is helpful with your trading and hodl-ing. Notes: Symmetrical Triangle = Ascending & Descending Converging Black Lines on Chart Descending Channel = Descending Parallel Black Lines on Chart LSMA = Black Squiggly line on Chart Bollinger Bands = Grey Bands on Chart Volume Bars = Bars Bottom of Chart Volume 20 MA = Orange Line going through Volume Bars on Chart Ichimoku Cloud = Red and Green Cloud on Chart VPFR POC = Short Horizontal Red Line on Chart VPVR POC = Long Horizontal Red Line on Chart
by TradingThroughTheLens
BTC - Let's see where and how this daily candle closesA quick look at BTC/USD using the Ichimoku Cloud with the 20,60,120,30 settings as well as the Bollinger Bands and MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Short-Term Momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Term Momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating Momentum is upwards at the moment. Note that the Lagging Span (Chikou Span) is still under the price from 30 Periods ago. At the moment BTC is fighting to stay in the Equilibrium Zone of the Ichimoku Cloud. Note that you can clearly see that BTC has found some resistance from the Ichimoku Cloud Leading Span A (Senkou Span A) level. We need this daily candle to close above the Ichimoku Cloud Leading Span B (Senkou Span B) level and stay in the Ichimoku Cloud Equilibrium Zone on this 1d timeframe. BTC is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Upper and Lower Bollinger Bands are contracting inwards indicating momentum has slowed on this 1d timeframe. Note that BTC has been below its Bollinger Band Basis for almost 30 days. If you are still uncertain whether to buy in or not then a close back above the BB Basis and successful re-test as support will be a good sign of continued upwards trajectory. If we take a quick look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still under the 0.0 Base Line in the Negative Zone. Note that the MACD Line (Blue Line) is curving upwards so we may eventually see the MACD Line (Blue Line) cross back above the Signal Line (Orange Line) which is a buy signal for traders who use this indicator on this 1d timeframe. It'll be interesting to see where and how this daily candle closes. I hope this is helpful with your trading and hodl-ing.
BITSTAMP:BTCUSD
by TradingThroughTheLens
4
💡Don't miss the great Sell opportunity in BTCUSDHello dear traders We are in a downward trend from bitcoin. I think the decline will continue. Make sure that the channel I drew is broken to enter the transaction, then enter the transaction. If that channel is not broken, then the analysis has failed and you should think about buying. I also included daily analysis. I think we should think more about selling than buying. Be sure to stick to the extent of your loss. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
BITSTAMP:BTCUSDShort
by hamidreza_FX
21
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend everyone, The Crypto Frog uses its Ichimoku Analysis Process with its toolset by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Crypto Market Settings” for the indicator as 10-30-60-30: Macro Trend Analysis using Kumo : Tendency: Bitcoin is right now in Downtrend as confirmed by the Kumo Twist 9 days ago. The price is always on the support indicated by the Kijun Weekly and the Tenkan Daily that it just broke through. The rest of the medium/long term indicator signals indicate a Downtrend with a sideways bias. Price: The price is under the red Kumo and Chikou is under the price. Supports and Resistances in the area : 75000.00 by Fibonacci 67000.00 by Historical Maximum (too much precise) 66001.41 by All-time-high Chikou 58000.00 strong price structure by flat lines 53800.00-54000 strong price structure by flat lines 48900 Kijun Weekly For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the Current timeframe. Moreover, let us remember that the various lines of the Ichimoku serve as price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Heikin-Ashi: The Heikih-Ashi confirms shows a potential uptrend with the first green candle with no shadow above. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000. The price is testing the 0.5 level, after the bounce on 0.618. Conclusions The price is now showing a potential recovery as it is surpassing the Kinjun Weekly and Tenkan Daily, a closure between these levels can help to find the point C we’re looking for. Maximum caution is needed with the confirmation of Daily, Weekly closure and confirmation. It is important to evaluate the closing of the week on the following price structures: Bullish 52500 Bearish 46600 It will be interesting to consider as a new point C the low of December 4th in the potential rebound using as A the low of September 21st and as B the all-time-high of December 10th. For altcoins we can consider: - Total Crypto Market Cap: started to increase - Dominance of BTC: increasing - Dominance of stable coin: decreasing a lot - Dominance of altcoins increasing and ETH: decreasing So, there are good opportunities to accumulate stronger Alt and take some BTC waiting for the pullback, even if as anticipated in the past week a dump happened, after the confirmation of this status for the weekly close. Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
2
BTCUSD on a recovery path?This is a followup of previous analysis, you will find the link below in the related ideas. So after the massive selloff from last week-end, the BTCUSD seems to be on a recovery path, at least on the short term. Looking at the DLY chart, we see how strong the WLY KS level was and the price closed above it for 3 consecutive days. Today, the price is trying to break its TS, which on many configuration like these, gives us an alert that the price will possibility go for the KS next. Remember that the KS is 50% of retracement and represent equilibrium on the short term where the price tend to go back to after a massive move like we had (see AUD Forex pairs for instance). I've set a potential target zone between the DLY KS and the SSB. Breaking these levels will open the path to other target levels that we can easily draw on confirmation of the break. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Long
by FoxTrading-Official
EURGBP 30.11On the DLY TF, after reaching the target of the WLY KS, the price met the double resistance of the KS and the SSB. On breaking that level, the next target/resistance would be the TL. But mind the Lagging Span, it has to cross 4 levels of resistance, the KS, the SSA, the WLY KS, the SSB...not going to be easy... Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
by FoxTrading-Official
AUDUSD still downtrendingPerfect downtrend on the AUDUSD well supported by the Ichimoku lines and with the break of the previous low. I've market two potential TP levels, one for the short term traders, one for the longer term traders at the next major Ichimoku level, the MLY KS. Of course, the latter will need to be confirmed yet with the price action in the following days. TODAY = NFP. Mind the USD that will certainly increase the volatility on this pair. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/ INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Short
by FoxTrading-Official
BTCUSD - H4 - CAUGHT BETWEEN TS AND KS !WEEKLY : Following its weekly closing @ 49'463, below the former uptrend support line, the BTCUSD began the week in the red again. DAILY : Indeed, last daily closing triggered a "DOJI" pattern which confirm growing uncertainty about further development and which looks like an increase of the selling pressure. RSI @ 31.38 H4 : Looking now at the 4 hours time frame, we can clearly see that the BTCUSD is caught between the Tenkan-Sen & Conversion Line and the Kijun-Sen & Base Line, which are respectively @ 48'800 and 49'800. The Mid Bollinger Band, currently @ 50'960 should, as already mentioned several times, really be seen as a very good indicator in considering this line as a barometer, which means BULLISH above and BEARISH below... In addition, the Tenkan-Sen coincides also with a minor uptrend support line which if broken on a H4 closing basis, would directly open the door for lower levels, towards firstly the 46'500 area, ahead of former low around 42'000 reached on Dec 4th. Last but not least a rising wedge formation is in progress on RSI ! H1 : Uncertainty confirmed by the recent and current price action within the clouds... Interesting to note that the H1 bottom clouds also coincides with the support level above mentioned on H4 ! CONCLUSION : Globally it does not smell good ! No change in my expected bearish scenario and any new long tactical exposure should be monitored very closely in adopting a disciplined risk management and in respecting a rational Risk Reward ratio !!! For those who discover Ironman8848 and who like my analysis, please do not forget to firstly like it and add Ironman8848 on your following list. Many thanks in advance. Have a nice week and all the best. Ironman8848
BITSTAMP:BTCUSD
by Ironman8848
1