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Ichimmoku

Adam & Eve Bottom on FET/BTC #Fet $FET #FetchAIYou can see we have developed what appears to be an Adam & Eve Bottom on our FET chart . What's an Adam & Eve Bottom you might ask? Let's look at our 12 hour chart and see! Our first bottom happened about a month ago with that sharp V formation you see with the red V . Many of us thought it was gonna be an Inverse Head & Shoulders pattern but Crypto can change quickly ! Not all patterns play out . But you can clearly see we've made another more rounded Bottom now at the same sat range . This is the Eve Bottom you see on the chart with the curved blue line under it. This is a Bullish pattern and I expect upside here. There is a Neckline area you can see on the chart in the 1200 area and this is an obvious target ( though there will be steps along the way ) , and will also take us up through the Ichimoku cloud ( and that's Bullish too . ) So an Adam & Eve Bottom will be a pattern involving a first V shaped bottom followed ( probably a month later ) by a more rounded bottom in the very near same price area but with a neckline rise in-between . The distance from the neckline to the bottom is how much you add on top of the neckline to get a target . And again we see a probable target area in the 1900 sat area . I would love to see that happen . Maybe by end of July we see this beautiful upward rise ! Let's see . Wishing all the best to the FET Community !
Long
by shimmeringpath
2
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it ! My Adam & Eve bottoms idea is linked below . Thank you !
Long
by shimmeringpath
5
What Does the Ichimoku Cloud Tell You?The technical indicator shows relevant information at a glance by using averages. The overall trend is up when the price is above the cloud, down when the price is below the cloud, and trendless or transitioning when the price is in the cloud. When Leading Span A is rising and above Leading Span B, this helps to confirm the uptrend and the space between the lines is typically colored green. When Leading Span A is falling and below Leading Span B, this helps confirm the downtrend. The space between the lines is typically colored red in this case. Traders will often use the Ichimoku Cloud as an area of support and resistance depending on the relative location of the price. The cloud provides support/resistance levels that can be projected into the future. This sets the Ichimoku Cloud apart from many other technical indicators that only provide support and resistance levels for the current date and time. Traders should use the Ichimoku Cloud in conjunction with other technical indicators to maximize their risk-adjusted returns. For example, the indicator is often paired with the relative strength index (RSI), which can be used to confirm momentum in a certain direction. It’s also important to look at the bigger trends to see how the smaller trends fit within them. For example, during a very strong downtrend, the price may push into the cloud or slightly above it, temporarily, before falling again. Only focusing on the indicator would mean missing the bigger picture that the price was under strong longer-term selling pressure. Crossovers are another way that the indicator can be used. Watch for the conversion line to move above the base line, especially when the price is above the cloud. This can be a powerful buy signal. One option is to hold the trade until the conversion line drops back below the base line. Any of the other lines could be used as exit points as well.
Education
by MonoCoinSignal
3
Bearish Ichimoku view of Bitcoin on the dailyBTC on the daily Price is forming a P-wave and is soon be breaking to the up or downside. Highs are gettings lower and lows are getting higher. Price is below TS, KS and Kumo meaning that the market is bearish in short, midterm and longterm. Chico Span is below the candles indicating bearish momentum. On the RSI there is hidden bearish divergence (trend continuation). Wile price makes lower highs, RSI shows higher highs. The trend continuation would be to the downside. If price can break heavy resistance on up or downside, the ultimate targets are as below: Target upside: 50606 $ Target downside: 23999 $
Short
by Galactus2000
2
BTCUSDT Price Analysis (4h)The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle pattern to break. (Horizontal white lines are drawn based on Price Action and we can wait for the price reaction to them) . BINANCE:BTCUSDT
by pedram127
Crunch Time For FET/BTC #FET $FET #FetchAIIt will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's recent dump down to 30k that has caused a dump from our recent attempt to break upward out of this structure and continue up to 1550 area . So our chart is left looking a little funky ! But since there are other indicators such as Ichimoku and also the general trend upward during a Bullrun year I would still expect this triangle to break upward within a couple weeks . I'm prepared for Crypto to throw me some curveballs though ! As we've seen recently even a tweet from my guy Elon Musk can send a coin pumping - or not ! But you have got to remember - it's a Bullrun year ! This is not a normal year . Any coin coming from the bottom should start to hit it's fib retracement targets at some point . And we've yet to reach our first fib target near 3420 , which is our .236 fib . I firmly expect us to get there . And above ! Question is what structure we take to get there after this triangle plays out . I'll link my fib targets for FET in the linked chart below . Also as a side note - you may notice I was calling this a Bull pennant before and I'm now calling it a triangle ...well, you've got to be flexible in crypto because sometimes chart patterns change ! And if something is taking a longer time to form it's actually possible it's a symmetrical triangle type structure as opposed to a pennant ( since a pennant generally doesn't take as long to play out . ) So be prepared to change your view if things play out differently ! But I'm still bullish and I still expect upside here . Let's see what the next 2 weeks bring . Sidenote - some people are calling for Bitcoin to dump to 20k but that is not guaranteed to happen so take it with a grain of salt.
by shimmeringpath
6
Cup This XLM/BTC #Stellar $XLM #XLMHere we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the cloud , that we will run up to the .236 fib at 1926 sats. Target above that is a strong resistance near the .382 fib near 2862 . After that we should run up to that blue line which is basically the lip of the cup ( as well as our .5 fib ) near 3619 . Once we can actually break above that area the target of the Cup and Handle pattern should be near 6790 . Now that is like 7 and a half times up from where we are now and that could take awhile . I can't guarantee how long that might take but XLM does seem to be on the way up .
by shimmeringpath
5
You can't Break Me FET/BTC #FET #FetchAI $FETHere we see our FET weekly chart and you can see we are clearly in what looks like a Cup and Handle pattern on the higher timeframe. We've had 2 red candles down forming the handle and could have another in our TD Sequential 9 indicator . That's fine . But I expect this to turnaround in May . That target of 2890 still stands as the Cup and Handle target area though it could take a little while to get there . Now yes , we had a pullback into the 700 area . A pullback is expected after something goes 8X in a few months like FET did !! So this is normal . But some traders have gotten nervous or jumped ship and this can definitely be seen as a shakeout . The reason I say "You can't break me" is because of that green line running under our last candle . That's the weekly Ichimoku flag forming and we are inside it and that's bullish . It should act as strong support . So I still think FET will do great this Spring - and also this summer . First it should retake the 1550 area and after breaking through that resistance it should see great upside .
by shimmeringpath
11
Short #SHITPERP for $5000I am bearish on #SHITPERP for the following reasons I see more red volume above average. This tells me distribution. Super Algorithm Indicator has called bearish today. It has excellent success rate calling bearish on SHITPERP. Below are the past times it did so There is a valid TD sequential sell with targets shown from the TD Ichimoku is strongly bearish. Price is below the tenkan and kijun. Bearish cross is likely. Chiku has very tall candles in front showing that it will be extra difficult to go up. The cloud is very near indicating a very possible case of e2e where price goes to the other end of the cloud.
FTX:SHITPERPShort
by Joy_Bangla
2
Dominating The Market Btc.d #Bitcoin $BTC #BitdHere we see our Bitcoin Dominance chart which today dipped into 51 area ! This is major ! Our expected Altseason won't happen with a high Bitcoin Dominance chart so it's great to see this dipping even lower right now! You can see we are under the daily Ichimoku cloud . We are under both the 50 MA and the 200 MA . And we have hit a TD Sequential 9 in red on this daily chart as well as the 3 day chart . This chart is just red ! And whilst the Dominance of Bitcoin in the market goes down - the rise of Altcoins in the market should continue up , even giving us a bit of Altseason! So this is very Bullish for our Alts . Last Bullrun of late 2017 saw Bitcoin Dominance actually fall to 36 area at end of December 2017/early January 2018 !! That's quite a bit lower even than we are now though there's no guarantee how low it goes . No one can say yet but so far it seems like our altrun will be looking good all year .
CRYPTOCAP:BTC.D
by shimmeringpath
3
Analysis Bitcoin - Euro on DailyBitcoin - Euro Daily On weekly: Uptrend by Ichimoku confirmations: SSA up, TS, KS up and Chiko above Candles. On Daily: Ranging by Ichimoku confirmations: SSA and SSB flat, KS flat. Chiko touching the candles. Price is moving in P-wave; Higher lows into resistance. Im waiting for Chiko above candles, KS and SSB up for buy. Bullish scenario: Price breaks p-wave to upside. price can go to 62726 euro. Bearish scenario: Price breaks p-wave to downside. Price can go to previous support on: 42776 euro.
by Galactus2000
Summer Targets ZIL/BTC #ZIL $ZIL #ZilliqaCommunityHere we see our ZIL weekly chart . As you see we have entered the weekly Ichimoku cloud and that is very bullish. Once we enter into that cloud we should continue up and eventually go through the cloud . You can see we are near 350 sats right now , And the fib targets above us run like this 614 is the .236 fib 981 is the .382 fib 1273 is the .5 fib 1564 is the .618 fib and it seems we could definitely be up there by the end of Summer if not sooner imo! Above that is the .786 fib and that will take us over 1900 sats. These areas can definitely come later but let's see. Altseason could be starting because our Bitcoin Dominance went under 57 last night !
by shimmeringpath