We have 50MA on weekly chart and the cloud. price history is too complicated in this area. so good place to resist is between 6900 and 6500
Due to my last analyses of this chart and latest green candles that failed to break the resistances my vision got stronger on selling this market. As you can see when the market went up and made the green candles, pulled back immediately. This things shows that the market is not willing to go upper. On 50MA we can see that the 50ma line is closer to market price...
The cloud is green. MA50 is on uptrend. Most important thing is Tenkan sen crossed Kijon sen good time to buy this market
Due to the 50MA and ichimoku as you can see, there is some resistance on the head. On the 50MA you can see how downward is the line and the price is near to that Ichimoku cloud is red which means a downtrend and resistance from going higher chiko span is on the price and chart did not corrected yet from last pump. I think there is gonna be a correction
It's hard to talk about ripple showing some attractive move just because last year history and its boring range market. Indicators shows nothing yet on daily chart except MACD that shows a huge divergance and i talked about it recently. I saw good analyses on weekly chart like uptrend channel and it shows that ripple IS in the bottom and this is good idea but...
Next move on 1d chart is near. and no signal to buy. I think this gonna be next and maybe the last dump before making green candles.
1 The cloud is red 2 Price is Below of Tenkan 3 Tenkan sen is Below of Kijun Sen 4 All of them are below of cloud 5 And Finally chikou Span is below of the price. Ichimoku has short signal!
RIPPLE ON A MASSIVE DIVERGANCE!!! Nothing to say but this is a really bottom of squeezed coil . . .
On BTCUSD we had a correction and due to the fibo resistance line and the triangle the bottom of the correction is between 10000 and 9500. If you have a open short position like me you can keep it for now till 9500. If you want to go long and buy bitcoin fo a trend you have to wait a little! maybe a divergance on shorter timeframes or some signals that you use to...
Through one way the price and the movement is on a triangle and it is possible to break it to up or down and now it is really near to the top. On the other hand it is in a downtrend channel and now at the top of it. if it breaks the top and candle gonna close upward , this gonna be a good news to buyers. if it throw backs maybe bottom of triangle hold it maybe...
Just look. :) If the Chikou span gonna go below the price candle. ichimoku signals short! and the MA50 is going downward most probably situation for me is to position Short until ichimoku signals to close
I thing the cloud and the SMA50 will hold the price. Just an idea ichimoku is not bad or in a sell situation. the cloud is green. chico span is in the good position. after all we are in a long trend and we got close to 50 moving average. if i want to go long think this is the good time.