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Ichimokukinkohyo

EURUSD: Daily Guide#EURUSD Analysis EURUSD Has Been Ranging For A Long Time Now, It's Most Likely To Explode From The Range Zone, Usually We look For The Breakout Of Ranged Zone With Pure Price Action To Take Decesion Yet In My Opinion It Looks More Bullish Than Bearish On Daily Basis, Still Watchout For Price Action, + Dont Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
Long
by IchimokiFx
XAUUSD: Daily Guide #XAUUSD Analysis Gold Might Be Bearish For Short Term But On Daily Basis We Will Aim For Buy. Watch Closely For The Preferred Buy Zone + The Support Level, If The Preferred Buy Zone Is Retested From Below As Resistance The Bias Will Be Changed Totally To Sell But That Would Be Far Away, + Dont Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
OANDA:XAUUSDLong
by IchimokiFx
🔔 Do not miss an attractive area for a good sell in USOILI think we are still in a downtrend in 1H timeframe and this downtrend is likely to continue up to $ 83. The best area to enter a good sales deal is around $ 85 so wait and let us look for an entry trigger in that area. If we want to think about buying, it is better to wait until $ 83.5 and get confirmation marks. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:USOILShort
by hamidreza_FX
11
BTC/USD updateLet’s have a look at BTC/USD using as many indicators as i can. The purpose of my post as always is not price predication but more education on what these various indicators and squiggly lines are indicating. As you can see on this Bitstamp 1d chart, BTC is in a Descending Triangle Pattern ‘potentially a Bearish Continuation’ as well as a Falling Wedge Pattern ‘potentially a Bullish Reversal’ on this 1d timeframe. If we look at the Schiff Pitchfork Pattern (A,B,C) we can see that BTC is still below the Schiff Pitchfork Median Line. BTC is still above its Lower Yellow Schiff Pitchfork Support Line, a close below this level will possibly result in BTC revisiting its previous low of around $39,580, a close below that will take BTC down to its 50% Trend-Based Fib Extension level at around $38,536. At the moment BTC is fighting to get back above its 38.2% Trend-Based Fib Extension Level. BTC is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that the Middle, Upper and Lower Bands are all sloping downwards and we have slight expansion of the Lower Band. BTC is getting really close to to testing its Least Squares Moving Average (LSMA) as support on this 1d timeframe. If BTC closes a daily candle below the LSMA then that is potentially a sell signal. Looking at the Ichimoku Cloud with the 20,60,120,30 settings: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid Point of the Short-Term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid Point of the Mid-Term momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that the momentum at the moment is downwards. Note that the Lagging Span (Chikou Span) is still under the price from 30 Periods ago, this is not good a good sign. BTC is still well within the Bearish Zone of the Ichimoku Cloud, note that the Leading Span A (Senkou Span A) resistance level is pointing downwards further confirming nagative momentum. We should expect even more of a drop if the Leading Span B (Senkou Span B) starts to point downwards in parallel with the Leading Span A (Senkou Span A). Let’s take a look at 4 different Momentum Indicators and see what each are telling us on this 1d timeframe. Looking at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is pointing slightly downwards at the moment indicating slight Negative Momentum. The MACD Line (Blue Line) is still above its Signal Line (Orange Line) but it is still in the Negative Zone under the 0.0 Base Line and note that the Green Histograms are getting lighter and decreasing in size. If the MACD Line (Blue Line) crosses back under the Signal Line (Orange Line) then that will be a sell signal on this 1d timeframe. Note that the MACD Line (Blue Line) has not been in the Positive Zone above the 0.0 Base Line since 18th Nov 2021. Looking at the Average Directional Index (ADX DI) we can see that Negative Momentum is still strong with the -DI (Red Line) at 27.83 and it is still above its +DI (Green Line) which has dropped to 12.05. Note that the Trend Strength is increasing with the ADX (Orange Line) rising to 36.88 and it is still above its 9 Period EMA (Black Line) which is at 36.55. Note that the +DI (Green Line) has not been above the -DI (Red Line) since 15th Nov 2021. Looking at the Chaikin Money Flow (CMF) we can see that accumulation has actually increased with the CMF (Green Line) rising up from -0.24 on the 5h Jan to 0.01 just above the 0.0 Base Line. Note that the CMF (Green Line) is still above its 9 Period EMA (Cyan Line) indicating accumulation strength on this 1d timeframe. Note that the CMF (Green Line) has popped out of the Negative Zone at the moment, note that the CMF has not closed in the Accumulation Zone above the 0.0 Base Line since 24th Dec 2021. Look for a successful daily close above the 0.0 Base Line If we look at the Elder Force Index (EFI) we can clearly see that the Bears are still in control because the EFI Line (Red Line) is still under the 0 Base Line indicating a Negative Elder Force. Note that the EFI Line (Red Line) is also starting to point downwards. If the EFI Line (Red Line) crosses back below its 9 Period EMA (Cyan Line) then that may see continued and faster negative momentum for BTC on this 1d timeframe. Note that the EFI Line (Red Line) has not produced a strong Positive Elder Force signal since 15th Nov 2021. Here is a closer look at this Bitstamp 1d BTC chart: So what does all this tell me for the medium to longterm, it tells me that for the medium to longterm unless BTC starts CLOSING daily candles ABOVE key levels like the Bollinger Bands Middle Band Basis and the Schiff Pitchfork Median Line on this 1d timeframe then we will see continued downwards momentum at worst or sideways momentum within a range at best. The LSMA is a key indicator to watch on this 1d timeframe, just trace back on the chart to see what may happen when the price successfully closes ABOVE or BELOW the LSMA indicator. I hope this post helpful with your understanding of what the above indictors are indicating and i hope this is helpful with your Trading and Hodl-ing.
BITSTAMP:BTCUSD
by TradingThroughTheLens
8
ADA/USD - updateWe have seen a very nice rise with ADAUSD since the 11th Jan with increasing Volume on this Binance 1d chart. The only issue at the moment is that BTC is dragging everything down with it so ADA is having trouble maintaining its rise at the moment. ADA is above its Bollinger Bands Middle Band Basis 20 Period SMA and note that we have expansion of the Upper and Lower Bands and this expansion is for positive momentum. Not that ADA is above its Bollinger Bands Upper band so a retracement back under the Upper Band shouldn’t come as a surprise. Note that ADA is still above its Least Squares Moving Average (LSMA) for this 1d timeframe. ADA is still in the Bearish Zone of the Ichimoku Cloud but note that ADA has risen and is now getting close to the Leading Span A (Senkou Span A) resistance Level. Note that ADA is still above its Longterm Pitchfork Median Line on this 1d timeframe. ADA is still above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 8x daily candles that i have selected. ADA is still above its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range. Note that Volume has increased and yesterday’s Volume Bar closed above its Volume 20 Period Moving Average and today’s Volume Bar will also close above it. If we look at the Moving Average Convergence Diveragnce (MACD), we can see that the MACD Line (Blue Line) has crossed back over the Signal Line (Orange Line) generating a Buy Signal on the 13th-14th Jan and note that the MACD Line (Blue Line) is very close to crossing back over the 0.0 Base Line into the Positive Zone of the MACD indicator. Note that the MACD Line (Blue Line) has not been in the Positive Zone above the 0.0 Base Line since the 17th Sept 2021 so this will be an important move. If we look at the Average Directional Index (ADX DI) we can see that the +DI (Green Line) is at 25.30 and has crossed back over the -DI (Red Line) which is at 14.28. this means that Positive Momentum is stronger then Negative Momentum on this 1d timeframe. Note that the Trend Strength is slightly weak with the ADX (Orange Line) at 18.94 under it s 9 Period EMA (White Line) which is at 19.85 and under the 20 Threshold. Note that the ADX (Orange Line) is pointing upwards so we may see another massive increased positive rise if the ADX (Orange Line) crosses back above the 9 Period EMA (White Line) and the 20 Threshold level. If we look at the Stochastic Indicator (STOCH) we can see that the %K (Blue Line) is in the Overbought Zone of this indicator. The %K (Blue Line) is pointing downwards but it is still above its %D (Orange Line). Be on the lookout for if the %K (Blue Line) stays above the %D (Orange Line) or crosses back below it. Note that because the %K (Blue Line) is in the Overbought Zone that doesn't see that it will drop out of it because the %K (Blue Line) can range sideways in the Overbought Zone for a prolonged period of time. Here is a wider look at this 1d chart. With such a rise it is not uncommon for the price to drop back under its Upper Bollinger Band before continuing upwards. If Upwards Momentum continues being strong then we may see ADA walk up along its Upper Band for a few days. As usual with BTC dropping, BTC is dragging everything down with it and slowing ADA’s rise, so we have to keep an eye on what BTC is doing because if BTC drops under $40K, then that will continue to drag ADA and all other alts down with it. I hope this is helpful with your trading and hodl-ing.
BINANCE:ADAUSD
by TradingThroughTheLens
1
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here's our weekend analysis for the week's trades by our Ichimoku Analysis Tool (now available Open Source) with its toolset by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Traditional” settings with theIchimoku Kinko Hyo. Macro Trend Analysis using Kumo : Tendency: BTC continues to be in a downtrend now from 44 candles. Kijun Trend Indicator is still indicating a downtrend. All the medium-term lines confirm the downtrend and some sideways bias (Kijun Flat), although the Kijun is under the Tenkan. In general the behavior of the last weeks is confirmed. Price: The price is under the red Kumo and Chikou is under the price. Supports and Resistances in the area : 75000.00 by Fibonacci 67000.00 by Historical Maximum (too much precise) 66001.41 by All-time-high Chikou 51800.00-52600 strong price structure by flat lines 49140 Kijun Weekly 40500-40600 from Ichimoku Flat areas/Chikou Cusps For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the Current timeframe. Moreover, let us remember that the various lines of the Ichimoku serve as price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Heikin-Ashi: The Heikin-Ashi confirms the downtrend movement, even if some green Japanese Candles. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000. Price is under 0.618, which is the lower limit for normal retracement. Conclusions BTC continues to be in a downtrend. It has broken the lows of the sideways channel that had been created, closing below the low of December 4 and - in this case - there was no immediate absorption of that level. Because of that the ABC Pattern previously identified was invalidated. In general, our Kijun Trend Indicator is still short. It is important to evaluate the closing of the week on the following price structures: Bullish 44000-45500 Sideways 43200 Bearish 40100 For the Bitcoin Dominance and Altcoin Cycle we can consider the Weekly momentum: - Total Crypto Market Cap: Decreased - Dominance of BTC: Increased - Price of BTC: Decreased - Alt Cycle Expectation: Decrease Fast (Dump) Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
4