Another test of its Weekly Kijun$ATOM is another time testing its mid term support (Weekly Kijun), in this $28 area.
If this one breaks, we'll take a look at the lower support at $26.
A strong one is the area of $20, because we could see a test of the Weekly Lagging Span on its Weekly Kijun.
As a target, the 0.382 Fibo Extension is still the resistance to break.
And $54 is also a very good target that prices can easily hit if momentum come back !
Let's wait and see !
Ichimoku_trader
STORJ ready to flySTORJ has now recovered with bullish candles from a downtrend after a bullish divergence appearing on 12hr and 4hr timeframes.
Storj is currently holding on to EMA50 and aiming to take EMA200.
Ichi span has exited out of a downtrend channel but still aiming downwards meaning it's too soon to enter this trade.
The recent buy-volume has secured Storj a double bottom since Aug 19th and we are to place our SL exactly under the range of the previous Ichi channel below the double bottom zone.
Keep in mind to profit-trail after your entry.
BTC's safe range for this trade is between 6800~8200.
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen.
by a parallel channel it should come to 30.38$.
other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic).
sell pos.: 40.26$
stop loss: ichimoku cloud(about 47$)
target: reach the stop loss of kijunsen(maybe about 30$)
ichimoku trade : long positionbreaking the cloud,green cloud in future,free laggingspan. best situation by ichimoku
buy at 2.40$
stop loss: 2.07$ and if it rise it would be kijunsen.
Fantom FTM Usdt breakout and retest of the all time highmessage me for any questions,
here i am using ichimoku, concencio moving averages and the resistance of the ath where i believe there is space for the price to move freely into and retest the All time high here.
we may also see a break out from the all time high having looked at the weekly chart, FTM hasnt really been affected by this downturn too much in the market and still is bullish printing a no, 1,2 and now 3 bullish candle (on the weekly Tom demark sequential)
My game plan here is to see a no8 print close to the resistance of the ath, take some profit, leave the rest, use trailling stop and wait for a break of the ATH.
ichimoku trade : short positionit is ready to start a new downtrend and it was a good chance to sell it at 4130$ (flat kijunsen).
there is a big resistance at 4130$ to 4180$.
the most fall that we can see is to 2450$ that is far from reality.
stop loss:4200$ at start and after being in profit it change to breaking the kijunsen.
❤️ Are you ready for a good sell? ❤️Hi, As you can see, we have entered a correction phase. We expect to look for input triggers (such as breaking the trend line) in the specified range, at lower timeframes. I identified the primary and secondary goals in the chart. I hope you are all successful and profitable.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
P-wave structure on decentraland MANAWith the huge bullish momentum on mana I have been looking for a point to enter the market and to look for signs of continuation. These P-wave patterns usualy do not dissapoint. I have a stop-market long position a tiny bit above the previous high of the wave pattern at 2,63.
Currently ascending. Do not think about sellingHello to all
If you look at the daily chart, you will see that the current trend of the Euro is upward.
You could have considered the loss limit less just to know that the general trend is up in 30 minutes time frame, I considered this amount.
Thank you for your likes and comments.
LongHi guys
I hope you are well
In one hour time frame, we expect an upward wave to the drawn areas. We may see a bit in these current areas, but eventually gold can reach higher values. I marked the possible path of gold with a blue curve in the chart.
Stick to your loss and profit margins.
Thank you for supporting me.
Bullish BTC forming Bull-flagBTC is bullish in H4 according to Ichimoku confirmation:
Ichimoku:
Price is above Tenkan Sen, Kijun sen, meaning bullish in short and midterm.
Price is below Senkou Span B, meaning bearish in longterm
Chico Span is above the candles, meaning bullish momentum
As for direction: Flat Kumo and Kijun Sen. No direction in mid and long term.
Pattern:
There is a Bullflag forming. After a uptrend price is consolidating in a horizontal range (flag). Measurements give a upside target: 51772 and downside: 44150
Wave Analysis:
After hitting the bottom. Price formed a higher low. If price breaks the range to the upside, then a bullish N-wave is formed and we can expect continuation to the upside.
S&P 500 near to the Ichimoku baseline supportThe closing price of tomorrow's market plays a very important role. if it closes below the Ichimoku baseline (red line) at 4451, we will see another 2% drop in S&P 500 till Ichimoku's cloud support. as we have seen in the last months, the index has been reacting very well on the baseline support, I'm seeing a high chance of positive reaction again on the baseline and reversal.
Should Bitcoin's hodlers be concered ? Hi everyone,
As we can clearly see from the chart's candlesticks it is easy to claim that the buyers are getting weaker but does it mean that the bull-run is over? 🐃
📍 the answer is absolutely "NO"! First, I would like to say that the candles with huge wicks at both ends have a meaning: WAR between bulls🐃 and bears🐻.
🧐 but what do they mean when they happen after a bull-run or a upward trend?
📍It may show us the time buyers and seller kill before a reverse trend; what does mean? Let me explain you easily by giving an example! ✍🏼 Bitcoin price from 30k - 59k was an interesting price for buyers (bulls) and retail traders; they made a noticeable profit there, but after 59k price may look just a little bit over-priced even for bulls. Thus, they will wait for the market to show more reasonable signs of a new bull-run or a bearish chart🐻.
📌 I personally do not think that the bull-run is over. just take a look at the ichimoku cloud and it's going to show you everything you need.
⚠️ you may ask yourself why I have set a zone at the 35-37k price level. Well, I would like to share you guys something which may help you at your trades. ✍🏼Whenever the price breaks the ichimoku's Tenk/Kijun lines in a bull-run or bearish trend, IT HAS TO REACH BACK TO THE TENK WHENEVER TENK AND KIJUN ARE IN A FLAT POSITION just test it in smaller times frames.
🧐So, should we panic now and set our sell orders? The answer is also "NO" WE SHOULD NOT.
📍 the monthly time from takes at least 6-8months to occur and I have set two time zones in my chart. Plus, tenk and Kijun would like to move up-wards or down-wards with the price so may the price zone will change by time.
📌In conclusion, do not panic guys based on all those fundamental infrastructure and trend-analysis the bulls 🐃 remain stronger than bears 🐻 till the end of this year. Just be more careful about your positions