Ichimokukinkohyo
XAUUSD Daily AnalysisWe expect a reaction on the following resistance zones:
2436
2446
2466
And support zones:
2384
2373
2361
We expect it to move according to our two step movement.
If one of these levels is broken, the analysis will be updated and we will follow the analysis, and will take a reverse trade at the next level.
ETC/USD: Bearish Sentiment Dominates In my latest analysis of ETC/USD on the daily time-frame, I've observed significant bearish pressure mounting as the price hovers around crucial support levels. The chart clearly illustrates a series of Elliott Waves, combined with Ichimoku Cloud analysis and volume profile, pointing towards potential outcomes in the near term.
Key Observations:
Wave Structure:
Multiple WAVE I points have been identified, marking significant impulsive moves followed by corrections. The latest WAVE I suggests the start of another downward wave after a brief recovery attempt, which is currently being tested at lower levels.
Ichimoku Cloud Analysis:
The price is below the Ichimoku Cloud, signaling a bearish trend. The cloud has acted as resistance, further reinforcing the downward momentum. This bearish sentiment is likely to continue unless the price can decisively break back above the cloud, which seems challenging given the current market conditions.
Price Targets:
NT Target (28.86): This level was a significant target during the previous upward move, but the failure to sustain above this level indicates strong resistance and the potential for further declines.
N Target (17.3): The price is approaching this key target, which could serve as a critical support level. A break below this level could open the door to even lower prices, potentially testing the V Target (11.18).
V Target (11.18): This lower target would represent a significant bearish move, aligning with a continuation of the current downtrend if the market sentiment remains negative.
Possible Outcome:
Given the current setup:
Bearish Scenario: If the price continues to decline and breaks through the N target at 17.3, we could see an accelerated move towards the V target at 11.18. This scenario aligns with the overall bearish outlook and would suggest that the bears are firmly in control.
Bullish Reversal Potential: Should the price find strong support at the N target or the current level around 19.03, a reversal could be possible. However, the price would need to reclaim the NT target at 28.86 and move back into the Ichimoku Cloud to signal a potential shift in trend.
Conclusion:
The chart suggests that ETC/USD is under significant bearish pressure , with key support levels being tested. The failure to hold above critical targets indicates a high likelihood of further downside, particularly if the price breaks below the N target at 17.3. I will be watching closely to see how the price reacts at these levels, as they will likely determine the next significant move for ETC/USD. Traders should remain cautious and consider the broader market context when positioning themselves in this volatile environment.
PJB
USD/JPY: Anticipating Further Downside In my latest analysis of the USD/JPY pair on the daily time-frame, I've identified a potential continuation of the bearish trend based on a combination of Elliott Wave theory, Ichimoku Cloud indicator, and volume profile analysis.
Key Observations:
Elliott Wave Structure:
I've marked the completion of WAVE I in the past, which typically suggests that a corrective move (WAVE II) is either unfolding or has already completed. This setup could lead to the emergence of WAVE III, often the most powerful in the Elliott Wave sequence. Given the current market conditions, I'm anticipating further downside movement as part of this wave structure.
Ichimoku Cloud Analysis:
The price has decisively broken below the Ichimoku cloud, a strong bearish signal in Ichimoku trading strategies. The cloud has acted as resistance, and with the price now clearly below it, the bearish trend seems likely to continue. This breakdown is critical, as it aligns with the potential for further declines.
Volume Profile Insights:
The volume profile on the right side of the chart highlights key price levels with significant trading activity. These levels often act as strong support or resistance zones. The recent breach below a high-volume area suggests increased momentum on the downside. I’ll be watching these levels closely for potential reactions, but the current setup points to a continuation of the bearish trend.
Trading Rationale:
Given these technical factors, my outlook for USD/JPY remains bearish. The confluence of a completed Elliott Wave structure, the breakdown below the Ichimoku cloud, and the price moving through critical volume levels all support this perspective. I'm positioning to take advantage of this potential continuation of the downtrend, targeting key levels below as the market unfolds. As always, I'll be keeping a close eye on any signs of reversal, particularly if the price approaches major support zones or if the market sentiment shifts.
PJB
Bullish Momentum with 65% Probability, Key Resistance at $79,830Analysis:
Wave Patterns:
The chart highlights two prominent "Wave I" patterns, indicating a repeated significant price movement upward, followed by corrections.
These patterns are likely part of an Elliott Wave analysis, which suggests a cyclical pattern in price movements. The two Wave I instances are similar, showing a sharp rise followed by a correction, and this cycle seems to be repeating.
Ichimoku Cloud:
The Ichimoku Cloud is visible in the background, providing insights into support and resistance levels.
Currently, the price is above the cloud, suggesting a bullish trend. The cloud ahead appears thin and slightly upward, indicating moderate support for the ongoing uptrend.
Horizontal Levels:
Several horizontal lines on the right-hand side mark potential HTF support and resistance levels.
The nearest significant resistance level is around 79,830 USD, which the price is approaching or potentially testing.
Volume Profile:
The vertical bars to the right represent HTF volume at different price levels, showing strong interest around the 74,000 USD to 75,000 USD levels, suggesting that these could be strong support levels if the price retraces.
Forecast and Comment:
Given the current technical indicators:
Bullish Scenario (Best Case):
Probability: 65%
Analysis:
The price is currently trending above the Ichimoku cloud, which is a strong indicator of a continued uptrend.
The upward movement has been supported by two consecutive "Wave I" patterns, suggesting that the current bullish momentum could lead to further gains.
If the price breaks the key resistance at 79,830 USD with strong volume, the next target could be in the low 80,000 USD range, with minimal resistance above.
The cloud's thinness ahead suggests that the market might not face significant selling pressure in the near term, supporting the continuation of the bullish trend.
Bearish Scenario:
Probability: 35%
Analysis:
If the price fails to break the 79,830 USD resistance level convincingly, a correction could be likely.
The strong volume profile around 74,000 - 75,000 USD suggests this as a significant support zone, meaning a retracement could be halted around this level before potentially resuming the upward trend.
However, given the current momentum and position above the cloud, this bearish scenario is less likely unless triggered by external market factors or a failure at the key resistance.
Conclusion:
The overall outlook for GOLD appears bullish, with a strong uptrend in place and the possibility of testing new highs. However, close attention should be paid to the 79,830 USD resistance level and the support around 74,000 - 75,000 USD for any potential reversals. The presence of repeated "Wave I" patterns suggests that the price could continue to oscillate within a broader upward trend.
Strongest Suggestion:
The strongest suggestion is a continuation of the bullish trend with a 65% probability. The technical setup favors further upside, especially if the price can break and hold above the 79,830 USD level. The presence of strong support levels below reduces the likelihood of a significant downturn, making the bullish scenario more plausible in the near term.
In summary, while a correction is possible, the overall indicators point toward a higher probability of the price continuing its ascent, making the bullish scenario the strongest suggestion.
PJB
solanaHey guys
It seems that we can expect a reaction from the two specified price ranges.
On the thirty-minute time frame, a compression movement has been created and it seems that according to the signals issued by Ichi Moko; We can expect an upward trend up to the specified price area.
Keep in mind that if the marked red support area is completely consumed, the possibility of a downward trend to the $60 price area can be considered!!!
Is the news that QSOL is listed on the Toronto Stock Exchange true?
What do you think?
1INCH 🦄 Ichimoku Weekly Breakout! | Profits PlanHey guys!
Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge!
So here's some plan:
1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give a chance to get into a trade. (DONE)
2) We can set targets 0.90 - 1 dollar mark
3) If price closes above 1.10 we can expect a move towards the following target zone: 1.60 - 1.90
4) For the bears scenario (we must include it even if we feel might not happen at all) Price could fall back into the range and give an awesome opportunity to buy lower even. And a realistic price would be around 0.27 but BEST optimal would be at around 0.20
Let's see how it plays out!
Kina Tip of the Day : My ideas and trades are all for SPOT modality. I don't recommend futures trading unless you really know what you're doing and you're up to get glued into the charts. If you want to live your life and still make money then relax, sit back, analyze and create your own strategy that could be based from another teacher but you must feel connected to it otherwise it won't work in the long run, no matter what you do. So, never give up and keep fighting for independence.
Keep it Shiny! ✨
Kina, The Girly Trader
RACAUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a RACA Coin idea. I've spotted an inverse head and shoulders pattern that has formed after a solid downtrend. Confirmation to the bullish upside would be a breakout and re-test of the descending triangle line marked in red and followed by entry trigger dropping into the lower timeframes such as Daily TF.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome!
We've got Ichimoku Cloud breakout on the Weekly TF which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
Targets are marked in the chart with text:
1) 0.0015
2) 0.0025
3) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan and take profits partially as you go hitting the targets.
Let's see how it plays out!
Kina 🚀
AKRO 💰 Long Term Profits Plan Hey guys!
This is a very cool coin and you're still on time to get on the wagon! That's right! Here's a plan of action I'm taking and if you like you can also consider it and adapt it to your own beliefs and strategies. Anyways... I've used the graphics icons as they display the emotions for the key areas very clearly.
1) Buy area has the BUY icon, within this area and price even hovering a bit above it still fine to buy for the long term.
2) TARGETS are marked again in the supply zones with rectangles and the phrase Target 1 and so on.
This idea is to spot for the long term. This asset is still in balanced mode, there hasn't been a breakout of the range yet. However, it's worth to note it's still a good moment to take advantage of.
Hope you find it useful, any questions are welcome.
Kina Tip of the Day: Take profits partially even when they don't seem much because in the long run they will grow in balanced with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
BTC/USDT 4H Long Analysis: Key Levels and Market OutlookEllipse has entered a long position at 59.2K, reflecting confidence in the bullish signals present despite some concerns.
4-Hour Chart Analysis:
Bullish Signals:
Price breakout above the Ichimoku cloud
Lagging Span (Chikou) has broken out of the cloud
Lagging Line (Chikou) is clear of both price and cloud
Pivot reversal (24/12)
Tenkan-Sen (TK) is above Kijun-Sen (KJ)
Future Senkou Span B points upwards
These bullish signals indicate a potential upward momentum in the short term.
Concerns on the 4-Hour Chart:
Low volume in the market
Price remains below the 200 EMA
100 EMA is below the 200 EMA
While we have several bullish signals, the low volume and position of the EMAs suggest caution.
Zooming Out to the Daily Chart:
Bullish Signals:
Price is above both Tenkan-Sen (TK) and Kijun-Sen (KJ)
Price is above the 200 EMA on the daily chart
Found support on the 200 EMA daily and monthly pivot (S1)
These signals suggest a stronger bullish trend when viewed on a longer timeframe.
Bearish Signals on the Daily Chart:
Tenkan-Sen (TK) is below Kijun-Sen (KJ)
Price is still under the daily Ichimoku cloud
Future cloud (Senkou Span) is bearish
Despite the bullish signals, the bearish cloud configuration and the position of the Tenkan-Sen and Kijun-Sen warrant caution.
Key Resistance Levels:
200 EMA on the 4-hour chart at 61.2K
Yearly pivot R2 at 62.7K
Lower boundary of the daily cloud at 64.3K
These resistance points are crucial levels to watch for potential price rejections.
BTC/USDT shows mixed signals across different timeframes. On the 4-hour chart, several bullish indicators suggest potential upward movement, but the low volume and the EMA configuration urge caution. The daily chart shows a more pronounced bullish trend above the 200 EMA, yet the bearish cloud and Tenkan-Sen/Kijun-Sen arrangement could limit gains. Key resistance levels should be monitored closely for any breakout confirmation or potential reversals.
Trade safe and always consider multiple factors in your analysis!
ETH 's daily chart is extremely close to a massive breakoutReasons why:
⬨ Hidden bullish divergence
⬨ Tenkan-Sen's slope shows strong momentum higher
⬨ Cloud is very thin
⬨ DTO is at support
🎯 2024 Targets: $5,283 & $7,686
Things to look out for as continued bearish warning signs:
👉 The DTO falls below the zero line and remains below for more than four days
👉 There is a daily close below the Kijun-Sen
KOMODO ⭐ Long Term Spot PlanHey guys!!
Well this is a coin request and I'm glad to be able to share my views on this project. As I've marked in the chart, I placed icons to help notice important areas to take actions from.
Reality is that this coin is under a ranging market at the moment but based on ALL TIME flow, this is still bullish as its structure has never been broken (0.14 - 0.13) -> BEST possible prices to have ever bought this coin at.
1) BUY icon for the buy zones displayed in yellow rectangles. I believe these areas are great to take a spot position. You can also buy the breakout of the range if you want to secure the bullish reversal bias OR if you like it hard, take a risk and buy support hoping that it would eventually break the range.
2) If the purple line gets crossed that would mean a strong bull market may just be taking place by that moment and if that happens HOLD for the ultimate target the ALL TIME HIGH.
3) Long term targets to take partial profits as price gets there:
1 dollar
4 dollars
12 dollars
It could take months and a really long time but when the bull run begins this is going to fly to targets marked above and could even go BEYOND.
Tip of the day: Have a plan to manage assets and money properly. If you got stuck in the wrong side of the trade, don't worry, it happens to the best of us. There's always a chance you could still get a chance to buy lower, just be alert and patient.
Keep it shiny ⭐
Kina, The Girly Trader
BITCOINHi guys
If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened.
It is likely that the announced data will be the driver of this downward trend if it is announced more than expected.
Considering the maintenance of the resistance range, the possibility of continuing the upward trend is weak, and it should be seen how Bitcoin reacts to the specified support range.
What do you think?
TLM ❤️ Still good to enter! Here's why | Ichimoku SPOT TradeHey guys!
Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it very attractive for those who missed other trains and are looking for a good coin that's trustworthy and that will pay off the hold.
Per my strategy, here's how I manage buy zones:
1) I need to confirm the range and buying the lowest area of the range which was at about 0.011 -0.015 for this case.
2) We get a 1,2,3 move indicated a shift towards the upside and ideally testing resistance. If we get a reaction or even a retracement back to range, that's our cue to spot and enter the trade.
3) LATE but not least, we get a breakout of the range and go long on the breakout candle OR wait for a retracement to the box if you want to play conservative way.
As per targets, what market gives as long as it keeps trading above the cloud. As simple as that.
GL, all the best.
Kina, The Girly Trader❤️
BTCUSDT - Probable Inverse Head & Shoulders with BUILD UP?!Hey guys!
Market's been really challenging lately, specially for those into Futures Trading that's why I'm going to repeat again. I strongly recommend you SPOT trade instead. So, as for BTC goes, the liquidity absorption is real and to either side!
Where to buy?
1) One would be the rising green zone I've marked but this would mean a drop to about 56k or 52k which is pretty heavy. Still is my favorite scenario.
2) I suspect BTC is creating a pattern right now, just right after the uptrend which could be an inverse head & shoulders one. This pattern forming after an uptrend is pretty strong and bullish. However, we still need to see a proper breakout of the neckline otherwise this idea gets destroyed. So I'd buy the re-test of the breakout if it ever happens.
TARGETS
1) Let it run and there are several ways to take profits partially but I'd suggest as long as the uptrend doesn't break, just hold it and take partial profits at massive supply zones. Otherwise, don't touch it.
This idea is to spot for the long term. This asset is still in balanced mode, there hasn't been a breakout of the range yet. However, it's worth to note it's still a good moment to analyze what could happen to be prepared and take action accordingly.
Hope you find it useful!
Kina Tip of the Day: Remember BTC is the father of Crypto, the rest are just babies that follow big daddy so, don't marry any coin at all except for BTC. That's it.
Keep it shiny ⭐
Kina, The Girly Trader
Xauusd Weekly Analysis (4H time frame)In daily and 4h time frame the xauusd has been in the descending channel. During the past 147 candle of 4H time frame (the past 32days).
It could not reach a higher price level. It has also hit the Ichimoku support zone seven times in daily time frame and we see weakness in its trend.
According to our last week analysis gold exactly hit it's 2368 resistance which was considered as an important range that caused great drop.
This week, we expect gold to make a move to higher levels again and continue its downward movement to the lower levels that we consider.
In case of breaking the range zone of 2321, the gold will definitely reach to the range of 2209-2289_2212.
ATAUSDT 🥁 Rising Channel Buying Opportunity Spotted! Hey guys!
We are in a moment of volatility in the markets, either you risk and go for memes or play it safe and go for patterns that took time build and create so that it would add up extra confluence to our ideas.
1) Buy area has the BUY icon, within this area we can see a rising trendline indicated as the potential zone to buy from, everytime price falls into this range we are given a chance.
2) TARGETS would be simply the top of the channel indicated as a red trendline but I think safe target it's 0.40 so we still very early take this on.
Don't miss this chance because we are in the middle of fear and greed in the markets but remember BTC has been on an uptrend, don't be afraid to buy and hold ♥
Hope you find it useful, any questions are welcome.
Kina Tip of the Day: I suggest you go for the best ideas that make more sense for you instead of taking every single signal you see on telegram or discord. Better make your own choices with good confluence.
Keep it shiny ⭐
Kina, The Girly Trader
Xauusd Weekly Analysis (4H time frame)In the daily time frame xauusd trend is in its downward movement, it is in its support zone (2286) which is a strong support.
After that we expect it to reach to the zones which are mentioned in the chart.
If it loses its support zone (2276), it will definitely reach the 2210 price range.
WIFUSDTHi guys
For now, the trend is fluctuating between the two ranges.
If the support area of $3.0488 is completely consumed, the possibility of the continuation of the downward trend and the touching of the medium-term uptrend line will be strengthened.
At the moment, it seems that the weight of the downside scenario is more.
What do you think?
BTC Topping or going PARABOLIC? 🔥Hey guys!
Kina here, I believe that after the strong uptrend a healthy retracement must play out at some point and this could potentially get you caught in the wrong side of the trade.
One thing for sure is that the DROP is coming, we don't know when and what will cause the massive correction but as for now this is my idea.
BTC will hit a ceiling and then we can see what could potentially happen next but the ceiling I'm thinking about it's 68k it's a massive resistance zone. We need to see how price reacts as soon as it touches it.
BTC I think, there will be a huge correction of the uptrend leading price to go back to 35k or 30k even. But We don't know yet how, why and when it's going to happen.
So for now let's set the 68k as potential zone to take profits in case things go south after it hits the ceiling!
Manage risk and be wise,
Kina 🔥 The girly trader