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Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been green for 10 days, is uptrending, and is holding its width constant about 6%. The Ichimoku Analysis Tool is almost totally green and gives us a sense of a general uptrend; price is always attracted to Tenkan, but in this case it manages to stay above and is also above Tenkan Weekly-which has dropped from where it was a week ago, though. We are still inside the Kumo, though. The Kijun Trend indicator continues to indicate looking for long positions. Heikin-Ashi: For the week the Heikin-Ashi indicates a slightly uncertain uptrend, the Kumo is now green, and-again-price is inside the Kumo. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from the waves of Hosoda - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level and trying to get close and having a hard time reaching it, we are at least at the second touch. Conclusion: The BTC situation is greener but the price is still inside the Kumo. It is crucial the 25000.00 level is always very important both as a limit of the Kumo and as a psychological component. It is no coincidence that there are some Long Upper Shadows candles on the Senkou Span B. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price but the 200 and 50 are crossing. The Hosoda waves indicate a downtrend target since they are using relative lows and highs of this uptrend movement. Despite the downward target, it is very interesting to evaluate the proposed targets, especially the NT indicating 25592.08-as confirming uptrend and 23338.23 as confirming downtrend. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish/Lateral: 25000.00-25592.08 - Bearish: 21400.00-23338.23 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Increased. - Expectation of Alt Cycle: Fast increase. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 107 days, continues to tighten (now at about 3.7%). We are in the Kumo and therefore the situation is always uncertain: in the long term downtrend that looks like it is about to end the move, in the medium term uptrend-lateral and in the short term a downtrend momentum attracted by the Tenkan. The Kijun Trend indicator continues to indicate looking for long positions but the price in the Kumo indicates uncertainty. Heikin-Ashi: For the week the Heikin-Ashi indicated a mainly bullish trend, now they are in the Kumo and have turned red. Supports and resistances: - 25000.00 by Fibonacci - 24600.00 Tenkan Weekly - 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from the waves of Hosoda - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level and trying to get close and having a hard time reaching it. Conclusion: BTC's situation continues to be uncertain since it is in the Kumo, but it is still above the Kijun and now about to touch the Tenkan. There are important levels to break through such as the area around 25000.00 where the end of the Kumo is and the Tenkan Weekly has moved lower. The well known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price has crossed the 200 and now made a second touch of the 50. The Kijun trend is indicative of looking for long positions and right now the Hosoda waves indicate a downward target. However, the waves of the previous movement are represented and form very good price structures. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish/Lateral: 24600.00-25000.00 - Bearish: 21600.00-21400.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Downtrend. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
BTC Macro Entry Reversal Strategy. Highest risk return.Entry point for BTC based on momentum reversing out of the bear market. For those trading on confirmation and solid risk reward ratios. Find a safe bottom, not necessarily the lowest price. Strategy 1. The major buy signal comes when the first Heikin Ashi 1M closes green. (This was once printed in June 2014. But a high RSI would falsify the signal trigger) 2. Looking deeper into the MACD . We want to see a shorter Histogram close in the monthly. (Where a histogram peak is formed) 3. This is usually confirmed by a healthy sign of the Stoch RSI closing blue over orange. 4. If you're even more conservative. After the signal, I'd wait for an spike in volume. Notes. - My personal prediction is that BTC falls 85% towards 11k. However the strategy is triggered at a price the market has decided. The most important part is the risk adjusted return. - The strategy is best aligned to Lump Sum entry. - The histogram will peak. It's a matter of when. Therefore I'm not interested in the price. - I suggest replaying BTCUSD in past cycles on standard bars to see how the bars are printed. (H-A won't work on replay) - The strategy only has 2 major data points. I'd prefer 3. But the higher time frames install greater confidence. Tickers and Indicators. - BTCUSD INDEX 1M, HeikinAshi. - RSI and Stoch RSI . - MACD with histogram.
INDEX:BTCUSD
by Croftyness
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 91 days and is stable (now at about 21%). The situation is always uncertain but mainly sideways on the medium to long term. Senkou Span B and Kijun are flat, indicating a sideways moment in the downtrend. The price continues to be above the Kijun, but it is still below the Kumo and below the important level of 22500.00. The Kijun Trend indicator continues to indicate looking for long positions, even though the Kijun is flat. Price continues to be very close to the Kijun and may make contact with the Kumo shortly. Heikin-Ashi: For the week the Heikin-Ashi indicates a change in trend for the past week that allowed the Kijun to break through and is now on the Tenkan. Supports and resistances: - 25000.00 from Fibonacci - 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 12700.00 from the waves of Hosoda - 11000.00-13000.00 Chikou cusp level or flat zones of Kijun and Tenkan For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly. Conclusion: BTC shows a bullish trend on the short term, but the situation is rather uncertain. There are important levels to overcome such as 22400.00-22600.00 and the Kumo itself. The well known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend but still the price is exceeding the 200. The Kijun trend is indicative of looking for long positions, but the Hosoda waves continue to indicate downtrend targets even though the V and NT targets are rising from last week: - V/NT: 12600.00 - N: 7750.00 - E: 2845.00 It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 22400.00-22600.00 - Bearish: 20000.00-20700.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 85 days, expanding (now at about 22%). The situation is more uncertain this week. Senkou Span A and Span B, Kijun and Tenkan are flat, indicating a sideways moment in the downtrend. Price is above the Kijun, indicating some appetite for recovery but still pegged to the same line. The Kijun Trend indicator as of today indicates looking for long positions, although the indication is weak, considering that price is still very close to the Kijun, which also tends to move lower. Heikin-Ashi: For the week the Heikin-Ashi indicates an uptrend last week, which stopped only on Sunday. Supports and resistances: - 25000.00 by Fibonacci - 22400.00-22600.00 Chikou cusp level or flat areas of Kijun and Tenkan - 21001.00 from Hosoda waves - 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan - 20000.00 psychological threshold - 19100.00-18900.00 Chikou cusp level or flat zones of Kijun and Tenkan - 16608.16 from Hosoda waves - 10909.15 from the waves of Hosoda - 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly. Conclusion: The BTC, after a week where it came to break the 22000 threshold at least with a high, has turned exquisitely bearish and presents a weak hint of a restart, which must be confirmed at least by the crossing of the indicated level. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned downtrending but price reached the longest EMA. The Kijun trend is indicative of looking for long positions, but the Hosoda waves continue to indicate downtrend targets: - V: 13356 - NT: 11377 - N: 7111 - E: 2845 It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 22400.00 - Bearish: 19000.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - Dominance of BTC: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1
Heikin Ashi Trading SetupBYBIT:BTCUSDT Here I have shown a Heikin Ashi Trading Setup. I'm using forementioned candles, with smoothing, and a PMARP signal to confirm entry (Long or Short) positions. For the PMARP I give full credit to Eric Krown and is linked in this published idea. I've adjusted the settings to give a cleaner look and to use only the relevant information. Trading strategy is anchored to the chart, but here it is again: STRATEGY RULES - Heikin Ashi Candles LONG Wait for BUY signal, then wait for candle to close Next smoothing bar or 2nd should be BLUE PMARP must be on OR above 85% SL on bottom of bar before BUY candle TP on SELL candle or first YELLOW candle SHORT Wait for SELL signal, then wait for candle to close Next smoothing bar or 2nd should be YELLOW PMARP must be on OR below 15% SL on TOP of bar before SELL candle TP on BUY candle or first BLUE candle STRATEGY RULES - PMARP Once candle chart prints a BUY signal, wait for PMARP to be on OR above the 85% line Once candle chart prints a SELL signal, wait for PMARP to be on OR below the 15% line This seems to work well in backtesting on lower time frames such as 5M, 15M, and 30M. I'm using this for scalping/day trading so haven't tested on longer time frames. Good luck every *NOT FINANCIAL ADVICE*
by adf789
4
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: The Kumo has been red for 70 days, and the width is stable (now at about 23.18%). The Tenkan, Ichimoku's fastest line, indicates a bullish situation on the short term both in its direction and with respect to price. In contrast, all other lines indicate a general bearish situation. The scenario is always downtrend with sideways bias. The Kijun Trend indicator always indicates looking for short positions. Heikin-Ashi: For the week, the Heikin-Ashi indicate an uptrend downtrend with "strong" green candles but with a smaller body than those that drove the price down. Supports and resistances: - 25000.00 from Fibonacci - 23321.00 from Hosoda waves - 22600.00 Chikou cusp level or flat zones of Kijun and Tenkan - 21001.00 from Hosoda waves - 20000.00 psychological threshold - 19100.00 level cusps Chikou or flat zones of Kijun and Tenkan - 17082.00 Chikou cusp level or flat zones of Kijun and Tenkan - 16608.16 from the waves of Hosoda - 10909.15 from the waves of Hosoda - 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly. Conclusion: BTC continues to downtrend on the daily and weekly time frame. A strong downtrend is present with a glimmer of recovery considering the Tenkan.. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend and the opening is stable. The Kijun Trend indicates the search for short positions. Price has reached the first target of the Hosoda Waves that we had indicated last week: 21001 and further downward waves have been created with the N target on 23221. It is important to assess the close of the week and during the week on the following price structures: - Bullish/Lateral: 21001.00 - Bearish: 19100.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Decreased. - Price of BTC: Increased. - Alt cycle expectation: Upward. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 63 days, getting thicker and thicker (now at about 23.39%). All lines continue to indicate a general downtrend. In the medium term, the Tenkan is flat. The scenario is always downtrend with the possibility of lateralization. The Kijun Trend indicator always indicates looking for short positions. Heikin-Ashi: For the week, the Heikin-Ashi indicates a firm downtrend. Supports and resistances: - 25000.00 from Fibonacci - 21001.00 from Hosoda waves - 20000.00 psychological threshold - 19100.00 Chikou cusp level or flat zones of Kijun and Tenkan - 17082.00 Chikou cusp level or flat zones of Kijun and Tenkan - 16608.16 from the waves of Hosoda - 10909.15 from the waves of Hosoda - 11000.00-13000.00 level Chikou cusps or flat zones of Kijun and Tenkan For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 upside on 75000.00. Price is still below the 1 level, should it stay it will update accordingly. Conclusion: BTC continues to downtrend on the daily and weekly time frame. A strong downtrend is present. The well-known exponential moving averages often used in the Crypto market on the 200, 50, and 20 periods are aligned in downtrend at the opening. The Kijun trend is indicative of looking for short positions. Price has reached the first target of the Hosoda Waves we had indicated last week: - V: 21001 - NT: 16608.16 - N: 10909.16 - E: 5210.16 It is important to evaluate the closing of the week and during the week on the following price structures: - Bullish/Lateral: 21001.00 - Bearish: 19100.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased. - Dominance of BTC: Decreased. - Price of BTC: Decreased. - Alt cycle expectation: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 49 days, compared to the previous week where it had tapered. Now it gets wider (now at about 16.18%). Almost all lines indicate a general downtrend. In the short term we note that the price is above the Kijun. Reading this in the overall context we notice though that the Kijun has plunged abruptly, repelling the price several times. So the scenario continues to be non-bearish anyway. The Kijun Trend indicator always indicates looking for short positions. Since the price is on the Kijun it may change colour in the week. Heikin-Ashi: For the week the Heikin-Ashi indicates a downtrend although with indecisive candles. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from all-time high - 66001.41 from all-time high of the Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly - 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou - 41200.00 from Ichimoku flat/cusp areas of the Chikou - 39400.00 from Ichimoku flat/cusp areas of the Chikou - 37000.00 from Ichimoku flat/cusp areas of the Chikou - 35700.00 from Fibonacci - 35000.00 from Ichimoku flat/cusp areas of the Chikou - 33500.00 from Ichimoku flat/cusp areas of the Chikou - 30300.00 from Ichimoku Flat/cusp areas of the Chikou - 28700.00 from Ichimoku Flat/cusp areas of the Chikou - 25000.00 from Fibonacci For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now between level 1 at 25000.00 and 0.786 on 35700.00. Conclusion: BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and the Kijun both daily and weekly fell abruptly, particularly on the daily this allowed the price to go above the Kijun. Therefore a bearish equilibrium situation is present. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend. An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the low of 2022-05-12, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to keep in mind in case of a break or as a target. It is important to evaluate the closing of the week and during the week on the following price structures: - Bullish: 31800.00 - Bearish: 28700.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 35 days, getting even thicker than last week (now at about 17.64%), and continues to slope downward. The only flat line is the Tenkan, all others indicate a downtrend. The Kijun Trend indicator always indicates looking for short positions. Heikin-Ashi: Throughout the week the Heikin-Ashi indicates indecision but still downtrend and price is attracted to the Tenkan. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from all-time high - 66001.41 from all-time high of Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly - 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou - 41200.00 from Ichimoku flat/cusp areas of the Chikou - 39400.00 from Ichimoku flat/cusp areas of the Chikou - 37000.00 from Ichimoku flat/cusp areas of the Chikou - 35700.00 from Fibonacci - 35000.00 from Ichimoku flat/cusp areas of the Chikou - 33500.00 from Ichimoku flat/cusp areas of the Chikou - 30300.00 from Ichimoku Flat/cusp areas of the Chikou - 25000.00 from Fibonacci For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now between level 1 at 25000.00 and 0.786 on 35700.00. Conclusion: BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and only the Tenkan is flat. The Weekly Kijun is falling abruptly. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are also lined up in downtrend and continue to fan out. An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the 2022-05-12 low, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to consider. From a fundamental point of view, we can always consider the correlation with U.S. equities in this inflationary situation, as well as aspects related to conflict and rising commodity prices. It is important to evaluate the closing of the week and during the week on the following price structures: - Bullish: 31600.00 - Bearish: 29000.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Increased. - BTC Dominance: Increased. - Price of BTC: Increased. - Alt Cycle Expectation: Decreased. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
1
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. The Kumo has been red for 28 days, gets even thicker than last week (now at about 14.32%) and is tilted downward. The Senkou Span B and the Kijun have flattened If last week so all lines were pointing downward now - on the long term - the situation presents a downtrend with a slight sideways bias. The Kijun Trend indicator always points to the search for short positions. Heikin-Ashi: After a series of "strong" red candles, they are now red but present spikes. The situation is always downtrend and it will be interesting to assess the candle color at the end of the day. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from all-time high - 66001.41 from all-time high of Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly - 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou - 41200.00 from Ichimoku flat/cusp areas of the Chikou - 39400.00 from Ichimoku flat/cusp areas of the Chikou - 37000.00 from Ichimoku flat/cusp areas of the Chikou - 35700.00 from Fibonacci - 35000.00 from Ichimoku flat/cusp areas of the Chikou - 33500.00 from Ichimoku flat/cusp areas of the Chikou - 30300.00 from Ichimoku Flat/cusp areas of the Chikou - 28000.00 from waves of Hosoda - 26100.00 from Hosoda waves - 25000.00 from Fibonacci For the various static price structures you can 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now on the 1 level at 25000.00. Conclusion: BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and only the longest are showing flat. The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are also lined up in downtrend and are fanning out. From a fundamental point of view we can always consider the correlation with U.S. equities in this inflationary situation. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish: 31600.00-33600.00 - Bearish: 30390.00-29700.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - Dominance of BTC: Increased - Price of BTC: Decreased - Alt Cycle Expectation: Capitulation. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 14 days and getting thicker (now at about 6.5%) and all Ichimoku lines indicate a downtrend. Tenkan Weekly rises away from price nevertheless. The Kijun Trend indicator always indicates the search for short positions. Heikin-Ashi: A series of particularly "strong" red candles continue below Tenkan. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from historical high - 66001.41 from the all-time high of Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly - 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps - 41200.00 by Ichimoku Flat/Cuspid Chikou areas - 39400.00 from Ichimoku Flat/Cuspid areas of Chikou - 37000.00 from Ichimoku to Chikou Plains/Cuspid areas - 35000.00 from Ichimoku Chikou flat/peak areas - 33500.00 from Ichimoku Flat/Cuspid areas of Chikou - 30300.00 by areas Ichimoku Flat/Cuspids of Chikou 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 daily time frame. Also, recall that the various Ichimoku lines serve as dynamic 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). Fibonacci: Fibonacci levels are still showing positive long-term sentiment and puts the 0 on the upside at 75000.00. But the price is moving towards the 0.786 level. Conclusion: The BTC is in a downtrend situation on the daily and weekly time frame. All lines confirm this. Even the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are lined up in a downtrend. From a fundamental point of view the war and the inflation dollar situation bring negativity to the markets. It is important to evaluate the close of the week and during the week on the following price structures: - Bullish: 39500.00 - Bearish: 3714.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - BTC dominance: Increased - Price of BTC: Decreased - Alt Cycle Expectation: Marked Downtrend Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
2