Get started

Chikou

Which day of the month to buy BTC at DCA?In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have BTC, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 21st and 22nd the price of BTC tends to fall and therefore today, we can buy at market whenever we want, considering that the day of is calculated at midnight UTC. Or we can combine the BIAS information by calculating Fibonacci levels or Hosoda's 50% to find a good point: - 0.382 - 0.500 - 0.618 - 0.786 How do you guys calculate your DCA entries?
BITSTAMP:BTCUSD
by TheSocialCryptoClub
18
Seeing Price Fractals with IchimokuIt is always interesting to see the fractal nature of price action. It is the way that price tends to have very similar patterns on multiple timeframes. You see these repeating patterns in nature and they are expressed by mathematics in such ways as the Mandelbrot set. Over the last few weeks the AMEX:SPY has been riding along the lower edge of the Daily timeframe Ichimoku cloud. Basic Ichimoku principles use the cloud to determine the sentiment of price from bullish to bearish. However, I make sure to add one confirmation test to my analysis of Ichimoku. I look at Chikou, otherwise known as the Lagging Span or Momentum, to see which side of the cloud it is on. This very often avoids false breakouts and gives a patient assessment of the true nature of what price is doing. What may seem to be a trend reversal may only be a pullback. If Chikou does not confirm price then I assume price interacting with the cloud is just a major pullback. That the market has done a major pullback seems to now be confirmed on the Daily timeframe. The interesting repetition of this pattern happened this morning on the 5m S&P 500 futures /ES charts. See below:
CME_MINI:ES1!
by norok
The lagging span line (chikou) has got over the price.The Chikou Span line has got over the price. The Chikou Span line is free in all timeframes (weekly, monthly, daily). The RSI indicator does not show an overbought situation. As written in my previous analysis of the Bitcoin trend, key levels are the same : TP1 : $12568 TP2 : $13241 TP3 : $14453 Don't forget to keep an eye on the RSI 14 indicator, because if the Bitcoin becomes overbought, then a temporary reversal of the trend could occur before going uptrend again.
KRAKEN:BTCUSDLong
by trader77974
Trading idea for ETC/USD LONG - Current price 15.542 USDThe graph is self-explanatory and it is commented on the main aspects of the operation using Ichimoku strategy. Additionally, if we look ADX + DI , Di+ is bearish and it confirms the strength of sellers. ====== Buy: As explained above. This is not an exact price but an event. Take-profit (short term): ~ from 17.5 to 18.35 Take-profit (medium term): ~from 19.0 to 21.0 Stop-loss: ~ 14.6 Initial stop loss determined using lead line (Kumo basis). For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line. Warning! You should not invest more than 10% of your available capital to trade. You can find this strategy here .
BITFINEX:ETCUSDLong
by tekolo
Trading idea for TRIG/BTC LONG - Current price 0.00008633This parity shows signs of recovery after a sustained bearish trend for several days. We have to be aware of the buying signal that is currently developing. There are two possible options: 1) Wait for the crossing of Kijun (pink line) by Tenkan (blue line) 2) Wait for the price to close above Kijun (pink line). That is to say to see a candle above Kijun. In both cases, the signal should be confirmed with Chikou. And we should see the orange line above the cloud. MACD can provide further confirmation of the signal. The RSI should be currently above 50. This is an indication of a bullish market. Stay tuned for any changes and good luck!
TLong
by tekolo