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Ichimokukinkohyo

Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood good 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: The long-term trend is compromised, after 54 days. Right now the price is in the support area of the Senkou Span B and inside the Kumo. Technically it is on the Weekly Tenkan and if the Senkou Span B is still looking upwards, the Senkou Span A is looking downwards towards the meeting at a glance the trend is bias/lateral. If on the other hand we use traditional settings then the Kumo has already executed the twist and is now red. Price: The price is inside the 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 Tenkan 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 the bearish trend with red candles with no shadow above, and the sideways momentum and unpredictability being inside the Kumo. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000. The price passed the 0.382 level and looking back to 0.5 level. Conclusions The price is now in a stronger support area. High volatility is expected and maximum caution is needed. It is important to evaluate the closing of the week on the following price structures: Bullish 55000/56000 Bearish 53000 It is interesting to evaluate the Hosoda Waves in the previous context using the previous bullish leg as points A, B and C. Interesting targets are: - Wave E: 76562 - Wave V: 66240 - Wave N: 63242 It will be interesting to look for a further point C 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: decreasing a lot - Dominance of BTC slightly increasing - Dominance of stable coin: slightly increasing - Dominance of altcoins increasing and ETH: decreasing for alt, increasing on ETH So, there are good opportunities with caution to accumulate BTC and ETH and accumulate interesting Alt that is probable a dump, of course on confirmation of this status for the weekly close. Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
1
🔔How about a big profit in AUDJPY?Hi everyone How about a profit and training analysis? do you agree!❤️ A symmetrical descending triangle appears to have formed As shown in the figure, if the desired trend line is broken i think the downward trend is still going on and the number I predict for the end of the downfall should be 81.100 yen, so in low time frames we should think about selling. be sure to tell me your opinion. 🙏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!❤️
Short
by hamidreza_FX
23
Quick BTC 4hr chart updateBTC Update: BTC is back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 4hr timeframe. Note that BTC is above its Bollinger Bands Upper Band and we have expansion of the Upper and Lower Bands and this expansion is for positive momentum. Note that BTC is still in the Bearish Zone of the Ichimoku Cloud on this 4hr timeframe. BTC is also back above its Least Squares Moving Average (LSMA) for this 4hr timeframe. A candle close above this indicator is a potential buy signal for traders who use this indicator. BTC is back above its Descending Pitchfork Median Line (Black A,B,C). Note that we have a new C Pivot point for our Ascending Pitchfork Pattern (Red A,B,C). BTC is back above its Volume Profile Fixed Range Point of Control for this charts fixed range of 15x 4hr candles that i have selected. Note that BTC is still below its Volume Profile Visible Range Point of Control for this charts visible range. Volume on this Bitstamp Chart is still relatively low and note that the last 6x 4hr Volume Bars have been below its Volume 20 Period Moving Average. The Average Directional Index (ADX DI) is indicating a sharp rise in Positive Momentum with the +DI (Green Line) rising to 24.02 and the -DI (Red Line) dropping to 15,72. Note that the ADX (Orange Line) is at 17.83 and has started to curve upwards indicating the Positive Trend Strength is increasing in Strength. The 9 Period EMA (Black Line) is at 19.04 so we may see the ADX (Orange Line) eventually cross back over and above its 9 Period EMA (Black Line). We also need the ADX (Orange Line) to cross back over the 20 Threshold (Horizontal Dashed Black line) on this 4hr timeframe. The Moving Average Convergence Divergence (MACD) is also indicating a sharp rise in Positive Momentum with the MACD Line (Blue Line) back in the Positive Zone and above the 0,0 Base Line. Note that we also have increasing Green Histograms. Note that this is the first time since 15th Nov 2021 that the MACD Line (Blue Line) has been in the Positive Zone of the MACD indicator on this 4hr timeframe. I have added 2 areas of interest using the Parallel Channel tool. BTC needs to stay above the Lower Parallel Channel around $55,610 - $55,100 and this is BTC's potential bottom on this 4hr timeframe. BTC also needs to break back above and more importantly close back above the Upper Parallel Channel around $59,480 - $60,148. Closing above $60,148 takes BTC into the Equilibrium Zone of the Ichimoku Cloud, and also back above its Ascending Pitchfork Lower Green Resistance Line (Red A,B,C). It also takes BTC back above its Descending Pitchfork Upper Green Resistance Line (Black A,B,C) so this is an important area for BTC to close above. Note that because BTC is above its Bollinger Bands Upper Band, a retrace back under the Upper Band shouldn’t come as a surprise to you. It should be an interesting weekend. I hope this is helpful with your trading and Hodl-ing. Notes: Bollinger Bands = Grey Bands on Chart LSMA = Black Squiggly Line on Chart VPFR POC = Short Horizontal Red Line on Chart VPVR POC = Long Horizontal Red Line on Chart Important Resistance Zone = Upper Parallel Black Line with Yellow Shading on Chart Important Support Zone = Lower Parallel Black Lines with Yellow Shading on Chart Volume Moving Average = Orange Line going through Volume Bars on Chart Descending Pitchfork Pattern = Black A,B,C on Chart Ascending Pitchfork Pattern = Red A,B,C on Chart Support and Resistance Lines - Horizontal Dashed Black Lines on Chart
BITSTAMP:BTCUSD
by TradingThroughTheLens
2
ETHUSD - 1d chart updateAt the moment ETH is back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that the Bollinger Bands Upper and Lower Bands have not expanded yet indicating there is room for more upwards volatility before becoming over extended on this 1d timeframe. ETH is also back above its Least Squares Moving Average LSMA for this 1d timeframe. ETH is in a Schiff Pitchfork Pattern (A,B,C). Note that ETH is above its Schiff Pitchfork Median Line and also above the Schiff Pitchfork Upper Yellow Support Line. At the moment ETH has found some resistance from its Upper Yellow Schiff Pitchfork Resistance Line. ETH is in a Rising Wedge patter. A Rising Wedge pattern is a potential Bearish pattern. To invalidate this rising wedge ETH will need to close above the top Ascending Trend-line of the Rising Wedge pattern. ETH is also in a Descending Channel which could turn out to be a Bull Flag. ETH needs to close a daily candle above the Descending Trend-line of the Descending Channel. At the moment ETH is above its Volume Profile Fixed Range Point of Control, for the fixed range of 7x 1d candles that i have selected. ETH is still above its Volume Profile Visible Range Point of Control for this charts visible range. Volume has increased on this 1d Binance chart and you can see that today’s daily candle will close above its Volume 20 Period MA. Using the Ichimoku Cloud settings of 20,60,120,30 but note I’m only using the cloud portion of the indicator, you can see that ETH is still safely in the Bullish Zone of the Ichimoku Cloud. The Average Directional Index (ADX DI) Is indicating that Positive Momentum has increased with the +DI (Green Line) rising to 13.21 and the Negative Momentum has dropped with the -DI (Red Line) dropping to 15.84. The ADX (Orange Line) has weakened by dropping to 25.80 and note its still below its 9 Period EMA (Black Line) which is at 28.43. Depending on what BTC does, its very likely well see the +DI (Green Line) cross back above the -DI (Red Line) which if it happens, would indicate positive momentum has fully overtaken Negative Momentum on this 1d timeframe. The Moving Average Convergence Divergence (MACD) is indicating that the MACD Line (Blue Line) has reversed upwards and is still in the Positive Zone above the 0.0 Base Line. Depending on what BTC does, we may see the MACD Line (Base Line) cross back above the Signal Line (Orange Line) which would be a massive buy signal for traders who use this indicator on this 1d timeframe especially if the MACD Line (Blue Line) is still in the Positive Zone above the 0.0 Base Line. A daily candle close above the Descending Channel & successful re-test as support will be a very good sign of continued upwards momentum. If that happened then we may get a MACD Line (Blue Line) Signal Line (Orange Line) crossover into a buy signal on this 1d timeframe. Obviously this will all depend on what BTC does tomorrow and over the weekend because as we all know, all other cryptos are rigged by Binance to crash when BTC crashes, it’s how Binance sneakily gets leveraged money back from the long Liquidations...... Probably ;-) Anyway enough of that Binance rant ;-) I hope this is helpful with your trading & hodl-ing. Notes: Rising Wedge = Ascending Converging Dashed Black Lines on Chart Descending Channel = Descending Parallel Dotted Lines on Chart LSMA = Black Squiggly line on Chart Bollinger Bands = Grey Bands on Chart Schiff Pitchfork = A,B,C Pattern 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
BINANCE:ETHUSD
by TradingThroughTheLens
1