My good boy BTCHey everyone! The new week is here and I'm back with Bitcoin in the daily timeframe.
I'm waiting for the first support zone marked on the chart.
The marked purple dotted line is an important support point obtained based on Ichimoku.
So My best advice is to identify the best altcoins and accumulate them at low prices.
We are waiting for the Alt season.
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Ichimouku
Xauusd Weekly Analysis (4H time frame)In daily and 4h time frame the xauusd has been in the descending channel. During the past 147 candle of 4H time frame (the past 32days).
It could not reach a higher price level. It has also hit the Ichimoku support zone seven times in daily time frame and we see weakness in its trend.
According to our last week analysis gold exactly hit it's 2368 resistance which was considered as an important range that caused great drop.
This week, we expect gold to make a move to higher levels again and continue its downward movement to the lower levels that we consider.
In case of breaking the range zone of 2321, the gold will definitely reach to the range of 2209-2289_2212.
Xauusd Weekly Analysis (4H time frame)In the daily time frame xauusd trend is in its downward movement, it is in its support zone (2286) which is a strong support.
After that we expect it to reach to the zones which are mentioned in the chart.
If it loses its support zone (2276), it will definitely reach the 2210 price range.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubThe Crypto Frog uses its Ichimoku Analysis Process 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 bullish bias we wrote about last week is confirmed. Kumo continues to be positive even though the various Ichimoku lines are sideways right now. This is a normal aspect considering that we are approaching the historical high and currently the price is lateralizing on the price structure we identified last week.
Price: The price is now above the Kumo, above the Tenkan Sen and the Kijun Sen and is lateralizing between two defined price structures.
Width: Kumo is now green, with some stable width.
Evolution: f;at
Static Supports and Resistances in the area :
Resistances
75000.00 by Fibonacci
64854.00 by Historical Maximum
63433.75 by Chikou
62300.00 by Fibonacci
Supports
61174.97 by Chokiu
58967.12 strong price structure by Senkou Span A and Senkou Span B
55871.99 strong price structure by Senkou Span A and Senkou Span B
53946 strong price structure by Senkou Span A and Senkou Span B
52420 strong price structure by Kijun, Senkou Span B and Chikou
50000 strong psychological price structure
47400-47900 strong price structure by Senkou Span B and Kijun
46241
43986-44688
41060 generated by Senkou Span B and Kijun
38330-39655 generated by Senkou Span B
35000-37704
Dynamic
Tenkan : slightly uptrend on 58275.31
Kijun : flat on at 51266.50
Volumes:
Stable
Heikin-Ashi:
uptrend with much strength, which is colliding with resistance.
Fibonacci
CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000, the range of market is narrowed keeping however in balance on 50000.
The price is reaching the 0.236 level for a possible new all-time high, in this moment it acts as a resistance
Conclusions
At a glance the lines are bullish in the long term, while lateral in the short and medium term, as we can see from the flat moments. It is however a quite typical situation considering the approach to the historical high.
It will be interesting to watch the weekly close which could lead to a high on the weekly candles.
This last impulse, from a fundamental point of view, was probably generated by the announcement of the ETF on BTC futures.
Given the increase of the Crypto Total Market Cap and the strength of BTC and Dominance (BTC.D), we continue with the cautious entry of the alt-coins.
Thanks for your attention, happy to support the TradingView community.
SLP No support but great goalScenario one:
If the price does not break below the level of 0.0614, the price target will be in the range of 0.4 to 0.4249.
Scenario two:
If the level of 0.0614 is broken, the price will fall to the range of 0.0269 to 0.0325, and from there the target price will be in the range of 0.4 to 0.4249.
According the fundamental data, I think the second scenario is much closer.
Because no tokens are burned and most Axie Infinity players are not interested in keeping Rewards, For this reason the sales pressure is very high.
Holders of this currency should not worry at all. Technically, this currency has a great potential for growth, and this happens with Sharp candlesticks, just enough for the right price at the right time ;-) Look at the chart.
And in the end, I hope the Axie Infinity group will pay more attention to the context of this currency.
Breakout to 10X ? WAN/BTC #Wanchain #WAN $WANHere we see our WAN 3 day chart and as you see we pushed right through the 3 day Ichimoku Cloud - and have in fact wicked inside the Weekly Ichimoku, This looks good to go to the .236 fib near 26000 , but of course it's hard to say how fast it happens . You see the bright blue arrow on the chart ? That is where a possible Kumo Breakout will happen soon - as that cloud twists upward . We're around 3330 now and this could definitely see 8X to 10X rise in the coming months . Looks bullish.
Yen to Break the Zone? - GBP/JPY Ichimoku Short TradeThis setup has been on our radar now for awhile, but it still remains valid if we can break the resistance level at the bottom of the consolidation zone we've been stuck in.
If we can get a solid break of that zone I'll look to get short and trade down to the bottom of the previous bullish kumo you can see on the left hand side.
If we fail to break the bottom of the zone and hold bearish strength then this setup may become invalidated.
USDJPY 4H Ichimoku Trade SetupBuy Stop
- Entry: 108.650
- SL: 108.100
- TP: 109. 700
Looking at a possible setup to go long on UJ.
On the 4H time frame, price has pulled above the cloud, the previous fractal level has been broken, and there is a bright future ahead for the pair.
TK Crossover is imminent.
Also, with price so close to Kijun, it's only a matter of time before the pair breaks equilibrium.
BRENT/UKOIL SHORT TERM TVC:UKOIL
Clear uptrend channel but bulls are showing signs of slowing down. Eyes on the Crude Inventories on Thursday. A re-tracement to 76.5 area would be healthy, 75.5 possible and below that we would turn bearish. I wouldn't long here just yet if you are not long already and perhaps take some profits if you are net long. Fully expect $80 this month and potentially increasing into November but as usual - patience and listening to the markets.
NEO USD 4H a bit of a upswing, then rejection—back downNEO USD 4H seems to be on an asc wedge. Got incoming resistance from prev support turned resistance, Ichi, and MA+EMAs. Bullish on the tech/platform long term. One of the "safer bets" for the incoming bull run IMO (especially w/ NEO 3.0 incoming, and more ICOs).
Thoughts? Points against? Still learning... please be constructive if any. Thanks!