Price action has spent months forming a solid bottom and looks to be making the first moves of a breakout. The Chikou span is up crossing price action, which generally precedes a breakout. Senkou span is acting as support, aligned with our first support zone. I would expect the price action to retest and possibly even break down under the first supply zone....
Notice the Kijun-sen has pointed upwards while the Chikou-span has closed above its price 26 periods ago, if you drill down to the daily chart the price is above the cloud but the Kijun-sen points downwards, it's better to keep it in your watchlist to see how it unfolds in the coming days
We have about 14 days until lagging span potentially interacts with price and another 14 days to remain above it. If we are above price by then buy all the bitcoins . If we start intersecting, keep your fiat in the bank. Jokes aside I will keep tabs on this as I think it's pretty important for the macro trend.
Notice how lagging Chikou span reacts with price. Every box is 26 periods from the point the chikou crosses and where the price would be.
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...
Bull flag looking to breakout. A retest of the 0.5 at 29.42 looks likely.
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IOST has dropped right back to the Kijun at the bottom of the cloud and could bounce here. I have set an alert at 70 sats which is a level where the Chikou will push above the Kijun. Keep your eyes on this for a potential move. Trade, Chart, Learn, Repeat Coach K
Looking at EUR/USD on the D1 Timeframe, from a technical analysis stand point the market is currently ranging within a descending channel, making new lower highs and new lower lows. I see the market moving as a bullish retracement making new lower high being made on the 23.6 fibonacci level. This is confirmed from the strong bullish pin bar signal after touching...
FX:CHFJPY 17/4/19 Ichimoku cloud green is above H4 candle Ichimoku cloud red is above H1 candle Seller seems still in control Chikouspan H4 line near big round no 111 and there is 1st price reaction as S1 Can S2 bring the price up further? Or break further down near lower support D1?
FX:GBPJPY Looking for buy on support setup after trendline breakout on H4 TF Target profit: 140p Target Loss: 49p
Using the Ichimoku clouds TK Death Cross Strategy, I can see an incoming strong sell signal, This is due to the Tenkan-sen crossing the Kijun-sen from above to below. To solidify my signal on the TK Death Cross the current Chikou span is below the price of 26 periods ago and price is below the Kumo cloud, although it is currently thin, I expect it to expand in the...
Yellow = Buy zone Green = Sell Targets Red = Stop loss Price has been ranging forming a bull flag in the short term while also following a nice ascending channel in the longer term. Kijun acting as support Chikou crossing price Stochastic has room to fall back into the buy zone MACD has a very slight bullish divergence.
If Chikou Span crosses the price from the bottom to the top, it is a buy signal. If it crosses from top to bottom, it is a sell signal.
Price is actually testing a support of 7632€. Uptrend scenario If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud. Downtrend scenario If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku...
ETH/USD price has got over the Ichimoku cloud in 4-hour timeframe. One has to wait for the Chikou Span Line (aka Lagging Span Linge) to get over all the obstacles that are over it for now (Tenkan Sen Line, Kijun Sen Line, Kumo Cloud, Price itself). If the Chikou Span Line / Lagging Span Line gets free in daily timeframe then that would be a good confirmation of...
We have the beginning of a macd x on the 4 hr. Tenkan Sen, about to cross Kijun Sen on the Ichimoku. Chikou Span crossing above previous the price line, and price breaking out of cloud will be another bullish confirmation. RDD is giving us more and more signs. As always be careful, set stop losses and/or alerts, never panic. Happy trading! Ichimoku Lines...
On the H4 chart we can see, that after a series of decreases there was a short time consolidation, and the price is fighting Kijun right now. If in this area there will be any bearish candle, we can open shorts targeting daily support at 1.7140. Chikou Span line is so far in good place to open position.