Ichimoku_trader
ichimoku trade : long positiontill 13 march we enter as a long position at the price on senkou A,if it reached.
ichimoku trade : long positionenter : 1.5557 (senkou A)
stop loss : first green candle under the cloud
ichimoku trade : long positionsince now until march 11 we will enter as a long trade if the price reached senkou A.
if it didn't reach the sekou A till march 11,we can enter in 12 or 13 march in reaching the senkou A if the ichimoku cloud be green yet.
ichimoku trade : long positionbuy position in senkou B if it don't decrease and the cloud don't change the color and
GBPJPY reaching for the TOP. Inevitable fall NEXT WEEK. Looks like the last week of growth for GBPJPY with a strong resistance @ 152 area. A cluster of two targets N and V from Hosoda's targets aka Ichimoku Sanjin's. AB=BC in bot ways - Time 25weeks and Price range 1:1
Possible correction to 142 Of course the World will blame Megan and Harry for that :D
ichimoku trade : long positionfrom now to march 11 if the price touched the senkou A we enter the trade.
ichimoku trade : long positionwe will enter the trade as a long one if the price reached the senkou A in these 3 days
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.
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.
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!"
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.
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
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.
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.
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
ETH Daily Kihon Suchi potential reversalWe're looking at a potential movement in the next couple days. The green represents Kihon Suchi at 51 periods on the daily chart from January 1st to 19 February where there was some ranging on the 1 hour chart (purple box) and the beginning of a potential 9 period reversal indication starting on 20 Feb.
The yellow represents 172 Periods on the 4 hour chart to the ranging area indicated by the purple box, with the next range being 51 Periods to a potential reversal.
The candles are very close to the Kumou and the $1425-$1450 area is strong resistance. If the price ranges along the resistance there is potential for upward movement at the edge of the 4 hour 51 period area or the daily 9 period area. If the price moves down and closes below the $1425 area it could move into the cloud where other bearish signals, to include the Tenkan Sen crossing the Kijun downwards, and the Chikou span crossing the price downwards, indicate pretty strong downward movement.
The next few days will let us know which direction to move.
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
BTC Ranging for the weekend? Thoughts?Based on Ichimoku Kinko Hyo analysis, it looks like we are ranging and potentially hitting possibility 1 or moving to possibility 4.
- The purple boxes show ranging on the price and the horizontal Senkou Span B.
- Kumo still showing slight upward movement
- Tenkan Sen above Kijun Sen
- Chiko Span upward looking and above price
- Senkou Span A upward movement
- Distance between recent high and Kumo Cloud is significant, but retracement inevitable
As always thoughts, remarks, and ideas are always welcome!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
USD/CHF Ichimoku Cloud AnalysisLong positions above 0.90725 with targets at 0.91800 & 0.92800 in extension.
Pivot: 0.90725
Comments: Chikou breakout, tenkan kijun cross, kumo cloud twist
Gold/EUR swing MATRIX strategy for latecomersI will provide more technical analysis details for XAU/EUR on the weekly chart. I will provide XAU/USD analysis too.
Strong probability for the price to reach 1380e as the flat of the monthly cloud suggest (strong support here). Idea confirmed by the lagging span because is first obstacles are the highers of august and september 2019 candles at 1380e.
Our ultimate target is 1077e-1050e zone, at those prices we will maybe change the strategy but it will take weeks and months and I will update the idea before we'll reach thoses prices.
From my subjective point of view, I think the price of this old mineral is still overpriced. Bitcoin solves the problem of transporting value in space and time.
See you
Morpheus
