TheKing D3 ichi & BB
Updated
- Quick update from my last analyze with a little more points of interests. this graph is a little messy but everything is annotated.
- i always say if u don't see clearly the situation, change your timeframe and look from more far, so i used 3 Days Timeframe.
- more we look from far, less we have delay, and more easy we try to detect the scheme.
- So this is not really a price analyze but a kind of scenario with a trading plan, combined with only 2 indicators ( ichimoku cloud + Bollinger Bands )
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Case 1
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- You can notice in the graph that in last July BB started to get thinner and compressed, from there we started a reversal trend and got another pump.
- You can also notice that we are in the same situation right now.
- So the case 1 could be a touch and go from 51,000$ (BB + EMA50 3D support (EMA not in graph))
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Case 2
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- ichimoku cloud built a strong support flat zone (Flat ichimoku support Zone in Graph)
- TheKing could dip and start from this zone a next bounce.
- So case 2 could be a possible rebound around 47,000$
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Case 3
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- TheKing will finish his retracement from his last push and back to 61.8%
- the same happened in May when we dipped back to build a support around 30,000$
- So case 3 could lead us to touch 44,500$. ( Worst Case )
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Like always don't forget that everything is just speculation, manage your trades, don't go all in, be patient and believe in TheKing.
Happy Tr4Ding !
- i always say if u don't see clearly the situation, change your timeframe and look from more far, so i used 3 Days Timeframe.
- more we look from far, less we have delay, and more easy we try to detect the scheme.
- So this is not really a price analyze but a kind of scenario with a trading plan, combined with only 2 indicators ( ichimoku cloud + Bollinger Bands )
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Case 1
------------------------------------------------------------------------------------------------------------------------------------------------------------------
- You can notice in the graph that in last July BB started to get thinner and compressed, from there we started a reversal trend and got another pump.
- You can also notice that we are in the same situation right now.
- So the case 1 could be a touch and go from 51,000$ (BB + EMA50 3D support (EMA not in graph))
------------------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Case 2
------------------------------------------------------------------------------------------------------------------------------------------------------------------
- ichimoku cloud built a strong support flat zone (Flat ichimoku support Zone in Graph)
- TheKing could dip and start from this zone a next bounce.
- So case 2 could be a possible rebound around 47,000$
------------------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Case 3
------------------------------------------------------------------------------------------------------------------------------------------------------------------
- TheKing will finish his retracement from his last push and back to 61.8%
- the same happened in May when we dipped back to build a support around 30,000$
- So case 3 could lead us to touch 44,500$. ( Worst Case )
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Like always don't forget that everything is just speculation, manage your trades, don't go all in, be patient and believe in TheKing.
Happy Tr4Ding !
Note
Older Ananlyze :
Note
Note
Note
remember about the cloud, it can be a strong indicator :
Note
Note
Dip after EVERGRAND Chinese FUD news. Don't Panic. Still in Zone for now.
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