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Kumo

Trading idea for ETC/USD LONG - Current price 15.542 USDThe graph is self-explanatory and it is commented on the main aspects of the operation using Ichimoku strategy. Additionally, if we look ADX + DI , Di+ is bearish and it confirms the strength of sellers. ====== Buy: As explained above. This is not an exact price but an event. Take-profit (short term): ~ from 17.5 to 18.35 Take-profit (medium term): ~from 19.0 to 21.0 Stop-loss: ~ 14.6 Initial stop loss determined using lead line (Kumo basis). For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line. Warning! You should not invest more than 10% of your available capital to trade. You can find this strategy here .
BITFINEX:ETCUSDLong
by tekolo
BTC bearish but running like a bull. Price has been pulling back from the past run and moving down a bear channel. The wicks sliding down the bottom of the channel signals strong psychological buy power waiting on the sidelines. They moved in after the memorial day weekend ended. Pushing price from ~7k-7.5k Our previous daily candle closed bearish but we can see by the wick the there was still buying power. Stochastic RSI is running upwards after the bull cross it recently had. MACD should be bull crossing soon to follow the stochastic. If this buying continues throughout the day. ADX indicates this trend upwards has some real momentum behind it. We may see the price test the top of channel or the bottom of the kumo. DIs have curled inwards moving in a bullish fashion. Possible extension to .5 or .618 if the bull move continues.
BITFINEX:BTCUSD
by SpektreSignal
BTC is going where??We have a falling wedge being formed by the price and a rising wedge forming on the RVI. Furthermore, DIs are bearish. Luckily there isn't much strength behind that. Kumo acting as powerful resistance. However, in the future the Kumo is weakening as the Senkou span B declines. Stochastic RSI was denied by past resistance. Price will most likely begin to range and oscillate between the .236 fib level on the short fib and the .382 level on the large retracement over the next week or so.
BITFINEX:BTCUSD
by SpektreSignal
Price has got under the Ichimoku cloud in 4-hour timeframePrice is actually testing a support of 7632€. Uptrend scenario If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud. Downtrend scenario If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku cloud then that would mean a first confirmation of the downtrend, at least on shorter timeframes.
Short
by trader77974
AUDJPY on the edge of KumoOn the H4 chart we can see, that AUDJPY came back above bullish Kumo cloud. Currently it is sliding on the Chikou Span A line. If in this place there will be any buy signal showing up, we can open long position with the target on the resistance in the 86.10 area. We have to be careful about Chikou Span line. Currently it is below the price and it doesn’t look like this situation should change in near time. We cannot open longs in these conditions.
Long
by Comparic
BCH Key Levels to Watch For a Long Setup - 4HBCH just broke out of an established bearish channel but has reversed at a key resistance level, ~$652, which can be identified matching the tops from the previous bearish channel with a Fib retracement. Note the Stoch crossover and reversal as well. I think we will reverse and break this barrier soon (if the new bullish channel holds, the price shouldn't be able to dip too much below $598). A bullish Kumo twist is developing, which is a good sign for the Long setup. Two key levels to watch: the 652 resistance and then the 730 resistance. If we break 730, we may see bullish action all the way to 861.
Long
by Allen4083