EOSBTC: SHORT TERM BEARISHHello traders,
I'm bearish on EOS short term, we can see a rising wedge and the bearish TK cross that shows ichimoku.
- THIS IS NOT FINANCIAL ADVICE -
Tkcross
BTC Mixed Signals #TKCROSS, #HIDDENDIVERGENCE, #WAITANDSEEYou are looking at the following on the BTCUSD 1-day chart. There are mixed signals, but they are weighted bearish.
1. BULLISH - Ichimoku T-K cross (that white line crossing above the blue line)
2. BEARISH - Ichimoku Cloud, price to cloud, lagging indicator, lagging to price. That's 4 for bearish, but I'll bundle them.
3. BEARISH - Price / RSI hidden bearish divergence. Specifically, price = lower high; RSI = higher high.
LOOKING FOR:
1. Bullish divergence (price to RSI). Specifically, price = higher low (where we currently are); indicator = lower low (RSI breached the bottom trend line and goes lower than the last low. If RSI does this, will is dip below 30?
2. Bullish failure swing - If the RSI dips below 30, I want to see whether it goes lower than the previous dip below 30. If it does not, I will continue to look for a failure swing / bullish reversal.
NOTE: Admittedly, that bottom tend line is pretty weak. considering the bars between the first and second touch, I would call this two touches. I plotted it because now is the moment we determine the trend. I think.
NOTE: The grey box is my major support/resistance. These levels are broken, I expected violent price movement.
REQ trying to break outBINANCE:REQBTC broke out of the descending channel and has been consolidating for a while. Now there is a TK-cross, I had my buy order hit at 2406 satoshi the previous candle, but COINBASE:BTCUSD ruined the breakout, but it's still looking good in my opinion. My targets are marked above.
Perfect 6% cross BCPTETHTK cross with green cloud on my TA. Telegram KryptoX bot signal make me 6% profit .
XZCETH TKCross @ 0.06346800 BTC 15m chart bullish signalAccoding to TK cross , it seems to be bullish .
ENJBTC 15m chart TK cross Bullish TrendAccording to Ichimoku Cloud TA,the TK cross is a bullish cross if the Tenkan-Sen crosses the Kijun-Sen.
OMG (if BTC allows)Hidden divergence while forming an ascending triangle into the ichi cloud with a strong case for TK cross.
Buy zone = Triangle support
OMG looks strong in early 2018.
New to TA, here to learn, Critiques welcomed
CPCBTC Soon to Rebound To 16K sat #1 Indicator: Ichimoku Cloud (Purple shaded area on my chart) - If price enters the cloud, most of the time, it will touch the other edge of the cloud. In this case, it touched the bottom edge of the cloud and should proceed to top edge.
#2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to the top of Ichimoku Cloud.
Comment your thoughts!
BTC USD One Way To 4KBitcoin 4 hour chart - we just had an Ichimoku TK cross over. A break of support and the cloud might mean a continuation of a past trend. The landing zone area is colored. Short term bearish, long term btcish :)
Dash USD Buy Opportunity Ichimoku CloudsWe have a bullish signal in the form of a TK crossover in bullish territory (price above kumo). Chikou Span confirms signal above price and kumo twist signals green. Place your stop loss in the support area below 260, next resistance level is above 300.
EURJPY (D) kumo breakout.Kumo breakout has occurred on the EURJPY. TK cross happened much before. Since the outlook for EUR is still bullish it might chop along for sometime before it heads down.
I have taken an early aggressive sell on this pair already.
Trend trading is trading support and resistanceI wanted to point out that trend trading is trading support and resistance. What do i mean by that?
the first thing i want to point out is you need to spot out support and resistance before you place a trade on the long or short side.
Did price close above a key level? did momentum break out with it? if the answer is yes then there is a strong indication to the market going higher of off a break out.
For instance, 2 moving averages crossed indicating that the market gave a cross to the upside ot the down side depending which moving average crossed above the other one. in the chart above the 9 moving average crossed above the 26. Along with the cross above the cloud, Now just because it crossed does not mean you should take the trade, is there resistance above the cross? in this case yes there was.
I REPEAT i do not take trades before a close above a key level ( close not a break out). By doing so my accuracy has drastically improved.
i do not give out where my stops, what strike price or month of a option are because i have had to learn on my own. However i do like to help traders from new to experienced with sharing how to use an indicator an how to use it with market conditions.
Thanks for reading.
