Hello everyone, Horizontal top with an upsloping bottom on NYSE:RIG . Breakout is upward. If the price is breaking the horizontal top, price will continue to go up. If it is not breaking up, then we are at the resistance and you should not buy. Using Ichimoku we can see that Lagging Span is above the price plus the the current price is above the cloud and the...
Hello everyone, Quick analysis about NASDAQ:RMBL . Why is this chart bullish? Future Cloud is green Conversion Line crosses the Base Line Base Line is upward Lagging Span is above the Cloud Lagging Span is above the former price (-26 bars) All of these elements lead to a strong trend. Even if the stock is a bit overbought. Happy trading,
Great entry as bullish divergence and bullish doji's are confirmed! price action going over EMA 200 and Ichimoku lagging span is going over the cloud.
Hello, let's look at how Litecoin is doing. The 4 hours chart show us a bullish trend, however I'd wait to see my Ichimoku histogram to flip back up in weekly to confirm the optimistic scenario. I also publish my analysis on my Website: blockchainfiesta.com Thanks for reading.
Price 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...
And the lagging span line (chikou span line) is actually trying to cross the ichimoku cloiud in one-hour timeframe. If the lagging span line gets over the kumo then that would mean a confirmation of the uptrend at least in one-hour timeframe (for hourly investors). If the lagging span line gets over the ichimoku cloud then one will have then to watch on 4 hour...
ETH/USD price has got over the Ichimoku cloud in 4-hour timeframe. One has to wait for the Chikou Span Line (aka Lagging Span Linge) to get over all the obstacles that are over it for now (Tenkan Sen Line, Kijun Sen Line, Kumo Cloud, Price itself). If the Chikou Span Line / Lagging Span Line gets free in daily timeframe then that would be a good confirmation of...
BTC is showing signs of a buy signal on the 1h chart. The lagging span has pierced the Ichimoku cloud and the K line is crossing over the D line of the stochastic RSI. Futhermore BTC has found support on the centre line of the Bollinger Bands. If BTC clears the downwards channel (green) trend line then we could be back in bullish territory. The 4h chart is less...
Same same but different. ETH shows the same patterns as XRP short-term. The lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a further downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the cloud,...
This idea is following the same pattern as my previous XRP idea. If the lagging span of the Ichimoku cloud pierces the thin cloud above then we would have a clear buy signal. Futhermore the VWAP has crossed the 50 MA quite aggressively.
Continuing from my previous idea for a potential short-term increase in XRP, the lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a futher downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the...
While XRP remains predominantly bearish, we have a few signals here that could indicate a short-term uptrend to our previous resistance (red-dotted line). We have pierced the Ichimoku cloud and the VWAP (pink line) has crossed over the 50 MA (blue line). If the lagging span of the Ichimoku cloud (black line circled in yellow) pierces the Ichimoku cloud then we...