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Ichimoku_trader

Bitcoin Potential MovementAs Bitcoin consolidates we see some potential movement ideas. One is if BTC pulls back past the 56k mark there is a secondary support at 50-52k. If it does not pull back that far then we could potentially see movement off of the 56k support upwards toward 70k+. Multiple scenarios based on the Ichimoku Kihon Suchi are displayed, but all indicate upward movement. The key support is 56k so if it moves above, we will likely movement back upwards towards the 70k mark, with key resistance around 61k. If the 56k support falls, the 50-52k Support will likely fulfill the bottom end of the upward channel leading back to the upward trend. As always, comments and ideas are welcome! Please let me know what you think! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:BTCUSDT
Long
by Doc_Deez
4
Dash Potential MovementFebruary gave Dash a lot of gains and a lot of pull-back toward the end of the month with March showing slight gains (compared to Feb movement) and consolidation a couple of times so far. As of now it is testing the support area around 223.5 as we approach a 17 and 9 period potential Kihon Suchi reversal area. If the support holds there are a significant amount of resistance areas to the north, particularly around 230, 245, and 270. If the support around 223.5 does not hold and price breaks down through the Kumo, there are supports around 205 and again potentially around 196 with not much to hold it up after that until around 147. Ichimoku indicates a bearish trend right now, with the Senko span crossing the price-line and the Tenkan/Kijun crossover. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:DASHUSDT
by Doc_Deez
3
Cardano (ADA) Potential MovementAfter the March 1 Mary hard fork ADA saw a pretty sharp downward trend for a few days with a little bit of a pull-back/range, then downward again. It looks like ADA could break either direction with the 1.025 area being the first point of support. If it breaks the 1.025 area it will be followed by a pretty wide potential support block between 0.84-0.95 at a 17 and a 9 period Kihon Suchi area. If there is a reversal around 1.025 (or even prior to that) we could see movement upwards again toward the initial resistance point of 1.30-1.32 as with the fork. If it can break 1.2 and 1.32 resistance we could see some consolidation at 1.5 with possible movement upwards of 1.7 at a 9 period Kihon Suchi or even $2 not far beyond that. If ADA continues downward past the 1.025 mark into the 0.84-0.95 range, there is potential to bounce back and continue the trend mentioned above at later time periods or go beyond that with the next real support being at the bottom. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. KUCOIN:ADAUSDT
by Doc_Deez
2
ENJIN Daily Kihon Suchi possible reversal ENJIN has made some massive gains the last few days, but I expect a pull back after today as it is running up against the 51, 17, and 9 periods. Pull back seems to be somewhere around 40%, but after a 200%+ gain in the last 9 day period, I think pull back could be sharp, potentially even to the $.45 mark. The E calculation put the high around $.90 which it obviously shot past. This will be the first resistance point. I see the second resistance area around $.60-$.65 area, followed by a hard support at $.45. As ENJIN has not been in this territory yet, I don't know how hard the token can push upward, so we will see! As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
BINANCE:ENJUSDShort
by Doc_Deez
8
DOT Daily Kihon Suchi potential reversalDOT has risen 700%+ since December and had a pretty solid bounce off of the $40 mark back downward since mid-late February. As it winds it way back down toward the Kumo, it will run into some weak support around the Tenkan Sen (Red) and the Kijun Sen (Blue) with more solid support holding up around the $29 mark. I would expect DOT to potentially bounce at $29 between a 76 and 9 period reversal area around 11-13 March, and to make it's way back up toward $50+ after testing/surpassing the $40 resistance to finish the climb at the end of March or early April at two potential 26 period Kihon Suchi. As always, comments and ideas are welcome! Please feel free to share your own analysis! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
Short
by Doc_Deez
Possible trend reversal at BTC!BTCUSDT signaled a few days ago that it respected the resistance of 51937 $ and will test the resistance of 45k. We also have an outline of an LTB, forming a descending triangle with the supports below it. To strengthen the signal, the RSI of 14 is forming descending tops and demonstrating that it will respect the resistance of 58.14 Parallel to this, Tekan-Sen (Green Line) has just been surpassed by Kijun-Sen (Red Line) in the Ichimoku Strategy indicating a possible change in trend that could be confirmed after the price stabilization below the Cloud. Due to the Chikou-Span (orange line) being close to the price, I believe in a period of lateralization testing the 45k support q will cause the extension of the Kijun crossing in relation to Tekan indicating the reversal of the trend q we may be close to suffering in the BTCUSDT. Given this context, the volume reduction present in BTCUSDT over the days is a strong sign that we may be ending the upward trend and entering a reversion to a Bear Market. Something that could be confirmed in the next few days. If we close within the linear regression channel again, we will test the 34000 and if we lose this important support we will enter a strong downward trend and I believe that this is exactly what will happen. Summarizing the signs of the reversal q we are close to experiencing through an own analysis for active followers of trend: 1. Kijun cross over Tenkan. 2. RSI (14) making descending tops.) 3. Respect the resistance of 51937 $ 4. Decrease in volume 5. Formation of a low linear regression channel traced from the historic top until the 1st of March. Changing the famous American saying to the new context of the crypt queen: "Sell in March and go away!"
Short
by gastaum
SUSHI 4hr Kihon Suchi potential movementThere's a lot of patterns on this one. Potential reversal point tomorrow around the $19 mark. That particular area is the reversal point for the 200, 42, 26, and 17 periods. Each particular reversal on this seems to be somewhere around 15-25% each move whether up or down. I would expect the reversal to do the same and head toward the cloud at 18-20% or the $15.6 area. Normally I would add in a 9 period reversal area but I only see a couple reversals on that time frame here so I think if it reverses it will be slightly longer than the 9 period movement. If it pushes above the $19 area and closes above I would expect another 9 or 17 period movement before another reversal to potentially a new high over the previous one. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
Short
by Doc_Deez
ADAUSD - LONG With all the news around Cardano last weeks I am very Bullish on Cardano If we look at the 4 hour chart we can see we had a retracement to fibonacci 0.168 The ichimoku cloud is still very bullsih with chikou span (green line) above the price Price is above the cloud and is green Tenkan sen(blue line) above the cloud Kijunsen (red line) above the cloud Two ways you could trade this: Long term Stop loss under the cloud 0.96 usd Or shorter term: Stop loss 1.15 just under fibr. 0.168 When you like this idea please tell me in the comments. Will be appreciated I'm not a financial adviser. Just my view on the market
Long
by kratoslab
2
XLM Daily Kihon Suchi potential movementThis is a hard one to look as the patterns are a little harder to discern. The lower timeframe charts are more bearish and there are some bearish movement indicators in the daily chart like the Chiko Span headed downward for the priceline and the Tenkan/Kijun crossover which already happened as the price gets closer to the Kumo. I see some decent resistance around $0.38 and if it can hold that in the next couple days there is potential to rebound back upward toward $0.52 based on the NT calculation. Other calculations will put the price higher around $0.63, but based on all of the chart evidence, IF it bounces back I don't see it breaking the $0.565 mark. In two days, if the trend continues, there is a pivot point at 17 periods from the last high candles with the potential to continue downward for another 9 periods to close out the 26 period cycle back down around $0.235 before another bounce upward. If there is a reversal at the 17 period marker, the upward trend to $0.525 could signal the next reversal downward at that area. I won't be participating in this movement as there is nothing concrete yet, but I like a long after a bounce off the .38 mark. Anything lower than that starts moving into the Kumo where there should be no trades. As always, comments and ideas are welcome! Please share your thoughts! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
by Doc_Deez
2
LINK Daily Kihon Suchi potential reversalFrom late December until mid-late February LINK has climbed upwards of $35 with minimal time frame reversals of 3-4 days before continuing the uptrend until around 22 Feb where there is the potential for a full 9-period reversal. If LINK can continue to stay above the area of $24 and the Kumo a rebound is possible. I'm a bit skeptical on this reversal until we can get another candle closed out and get the lower time frames back to bullish. We are right on the edge of more bearish movement with the possible Tenkan/Kijun crossover and the Chiko Span about to cross the price-line. Utilizing the NT calculation, The area around $37 is the potential target for the 17, 26, and 33 period time frame. As always, comments and ideas are welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
by Doc_Deez
2
DOT Daily Kihon Suchi potential reversalSince around the 27th of December DOT has been on the climb without a significant pull-back but it looks like we are at the end of said pull-back. If the ranging continues until around 2 March we should see a reversal upward after a bounce off of the $29 area. Using the N Calculation a potential ceiling could be around $64 near the end of March which would be the 26 period reversal area. Using the Kihon Suchi idea, we are near the end of the 9 and 65 period reversal periods. As always comments and ideas are appreciated! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only. N Calculation C+(B-A) = D
Long
by Doc_Deez
3