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Tenkan

BTC - D1 - BEARISH ENGULFING PATTERN...D1 : Yesterday's price action triggered a Bearish engulfing pattern. Intraday recovery failed to upside breakout the downtrend line resistance which remains an important area to clearly break which if done, would confirm further upside. 36130 (Tenkan-Sen) remains, as already mentioned several times in my post one the main leading indicator. 34400 ( MBB ) is the second support which should be seen also as a very good barometer, as already seen in the past. 32191 is the ultimate support, a failure to hold above that important level would trigger a sharp downside move Conclusion : on D1 basis, BTC , need, in order to stabilize the downside risk, quickly recover and hold above at least 39150 (closing & opening of former sessions) which would confirm an upside breakout of the current downtrend line resistance. Sell on rally towards the downtrend resistance line See H4 post which will posted in the next couple of minutes for intraday clues Have a great weekend. Best Ironman
BITSTAMP:BTCUSDShort
by Ironman8848
BTC - D1 - H4 - H1 : Tenkan-Sen remains the leading indicator...D1 : From the peak around 42'000, 3 successives black candles confirmed a trend reversal ! More important Tenkan-Sen, which I mentioned several times, should be seen as the leading indicator is tested and under attack A failure to recover and hold above it would trigger further downside selling pressure, openning the door for the 32000 area (32151 being the 38.2% Fibonacci retracement of the rally from 16218 torwards the peak ! Below the MBB (currently @ 31355) is the next support to watch at very carefully as you can see in the past. H4 : Breakout of the MBB triggered a strong downside move (Both Tenkan-Sen and Kijun-Sen broken !!) Clouds support area... for the time being hold and rejected downside breakout on a H4 closing basis H1 : Failure to hold above the clouds triggered a first sharp selloff, then pullback towards the clouds again, failure to recover above the clouds and second selloff Conclusion : watch carefully Tenkan-Sen and MBB on all time frames ! Bullish above and Bearish below
BITSTAMP:BTCUSDShort
by Ironman8848
BTC - D1 - Tenkan-Sen = GOOD BAROMETER !D1 : Very impressive price action Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680 H1 : Watch MBB , ST bullish above and ST bearish below M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly the middle of clouds support zone Conclusion : As long as BTC stays and hold above Tenkan-Sen, which worked, so far, perfectly well as a support indicator the trend remains bullish on a daily basis for higher levels. Only a clear breakout of Tenkan-Sen, currently @ 29642 would force to a reassessment view of the expected bullish scenario
BITSTAMP:BTCUSDLong
by Ironman8848
1
LARGO - LEND - Oportunidad de CompraBINANCE:LENDBTC esta probando el soporte del tenkan en el gráfico diario una vez mas, pero esta gran divergencia alcista es posible que sea lo que se necesita para continuar con la tendencia que lleva hasta ahora, el objetivo sería revisitar el pico creado recientemente. Entrada: 0.00002933 Objetivo: 0.00003833 SL: 0.00002736 Momento™ no proporciona asesoramiento de inversiones y no tiene en cuenta las circunstancias personales de los suscriptores al analizar las inversiones. Invertir implica un alto grado de riesgo y debe ser considerado solo por personas que puedan permitirse el lujo de sufrir una pérdida de su posición completa. Momento™ no está registrado, licenciado o autorizado para proporcionar asesoramiento de inversión y simplemente proporciona una opinión, que se da sin ninguna responsabilidad o dependencia de ningún tipo. La información aquí contenida no es una oferta, solicitud, recomendación o consejo para comprar, retener o vender ningún bien. Momento™ no hace ninguna representación en cuanto a la integridad, precisión u oportunidad del material proporcionado y toda la información y opiniones proporcionadas por Momento™ están sujetas a cambios sin previo aviso y se brindan en una base de no dependencia y sin aceptación de ninguna responsabilidad u obligación que surja.
LLong
by ElMomento
Canal breakout might lead VIX to $50On the 4h candle chart, we can see the range of candles is very narrow along the small decreasing channel, showing the some sort of consensus around the price of the VIX. We can see the RSI also evolves in such a channel. If the pattern would come to break, the VIX would probably come to test the Senkou Span B ($50) of the Kumo which is one of the strongest resistance in the Ichimoku system. A possible trade is to enter at the channel breakout (which beautifully coincide with the breakout of the Tenkan Sen) and target a bit below the $50. You would have your stop loss at $41 just below the lowest red candle.
CBOE:VIXLong
by gmarignier
AUD/NZD - Wave 5 LONG - Technical AnalysisHaving a look here into the AUD/NZD, technically I see a major key level @1.05454 where wave 5 will initiate its long as wave 4 comes to a close. My key level here is located at the high of wave 1, which wave 4 cannot violate if this Elliot Wave analysis is to be validated. If the Key level is broken, I expect my 'Buy Zone' area to react as a strong support zone. Using my ichimokuclouds Price has briefly broken through the kumo cloud but is now ranging in and out of this bearish kumo cloud. Tenkan-Kijun Golden Cross has confirmed my bullish sentiment on the pair right now. On my fibonacci pair, the 'Buy Zone' area is located on the 50.0 fib level. This 50.0 fib level aligns with the Kijun as they are both aligned with each other. As for now I will analyse this pair until the Sydney session opens until making active trades on the lower timeframe.
Long
by forexwithfred
CAD/CHF - Analysis ~ Potential SHORTDescending triangle portraying lower highs and support is being tested multiple times @0.75173, meaning when support level is broken, a breakout may occur. Although there was a previous false breakout where support was broken and price retraced back up. If price does break again a SELL STOP trigger line is set @0.74374 for confirmation of downtrend. My validation for this potential breakout is from the Ichimoku indicator which portrays bearish sentiment, from a neutral tenkan/kijun crossover within the kumo cloud. My reasoning to validate this crossover even though it is only neutral is due to the Chikou span currently being below price, which further validates my bearish analysis. As well as this, Price has recently broken out from the bearish kumo cloud which also shows a strong downtrend may occur in the future. (kumobreakout) As well as my Ichimoku indicator, I used my Aliigator indicator which shows bearish sentiment from its 3 moving averages pointing downwards, separately after being intertwined (consolidation) My advice would be to wait for the SELL STOP trigger line to be met then make a sell stop with TP & SL levels for risk management.
Short
by forexwithfred
USD/CAD - Technical AnalysisAnalysing with Ichimoku clouds has given me the impression bearish sentiment is going to continue on this pair. Strong sell signal from a bearish kumo twist and kumo breakout, labelled in the chart. A TK death cross has also appeared following the kumo break out. Recent low is at 1.28863. My fibonnaci level show price has violate the 50.0 mark and will continue to descend until 61.8. Alligator indicator also show bearish sentiment If Price violates 4H candle low, expect downtrend to strengthen and bearish kumo clouds to expand
Short
by forexwithfred
1
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
ETH Ichi analysisETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone. The 4 hr Kijun is still around 600 $ and could provide a bounce for a bullish move. A strong Kijun bounce is a buy signal. We will probably test that again. Key levels: 600, 580, 550, 530 $. Trade carefully, this is not advice.
BITFINEX:ETHUSD
by RoyalOakFI
Temporary Upward Correction for BTC/USDI believe we will see a couple days' correction for BTC upwards to possibly around $9.5 tops. After that we will most likely continue our bear trend we are currently in. You can see that we are currently pretty far off the Tenkan line on the 1d charts so we will want to consolidate back to that line. You can also see that the Stoch is tell us that our RSI is out of momentum, so we need to get the RSI to go up some. That occurs by going flat or up on the price. I believe since we are so far off Tenkan that it will be up instead of flat movement.
COINBASE:BTCUSD
by MadCybertist
BTC 1HR BullishAll 4 Signals are Bullish. Stoch RSI looks ready to break towards the upside. May get resistance from the Tenkan at 10714 or the line above at 10964. If we break towards the downside VERY strong support would come from the Kijun, 200 EMA, and Senkou Span A all arranged perfectly at the 50% retracement. Would be very bullish to bounce from here. Not likely to drop below 10224. If we do will likely pull the 50 EMA down below the 200EMA for a death cross and change in trend further down.
BITFINEX:BTCUSDLong
by BernieGreen
BTC Retracement to the Tenkan LineCOINBASE:BTCUSD should be pulling back to the Tenkan line as it's been off the Tenkan for a few days now. I had originally thought that pull-back would have already occurred but it appears we are going to head to the bottom of the Kumo Cloud (around $12k) before we get this push back. I do not see us breaking through the Kumo Cloud without retracing back to the Tenkan Line. After we get back to the Tenkan I believe we will make a run up into the Kumo Cloud and test the $14.5k zone.
COINBASE:BTCUSDShort
by MadCybertist
Trading idea for TRIG/BTC LONG - Current price 0.00008633This parity shows signs of recovery after a sustained bearish trend for several days. We have to be aware of the buying signal that is currently developing. There are two possible options: 1) Wait for the crossing of Kijun (pink line) by Tenkan (blue line) 2) Wait for the price to close above Kijun (pink line). That is to say to see a candle above Kijun. In both cases, the signal should be confirmed with Chikou. And we should see the orange line above the cloud. MACD can provide further confirmation of the signal. The RSI should be currently above 50. This is an indication of a bullish market. Stay tuned for any changes and good luck!
TLong
by tekolo