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Ichimoku Cloud

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 98 days, tightening fast (now at about 12%). The situation is always uncertain: long-term downtrend, medium-term uptrend, short-term downtrend. Price this week entered the Kumo, as anticipated last week, indicating great uncertainty, and right now is attracted to Senkou Span A. The Kijun Trend indicator continues to indicate looking for long positions but price continues to be particularly close to the Kijun. Heikin-Ashi: For the week the Heikin-Ashi indicate a mainly bullish trend, and price is now colliding with the Kumo. Recall that-the way they are calculated-the Heikin-Ashi cleans the signal but arrives late. Supports and resistances: - 25000.00 by Fibonacci and Tenkan Weekly - 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: 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 closer. Conclusion: BTC shows a bearish trend on the short term, but the situation is rather uncertain as inside Kumo and the price is attracted right now to Tenkan. There are important levels to overcome such as the area around 25000.00 where the Tenkan Weekly is, further resistance and, however, 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 has exceeded the 200 and is now being rejected by the 50. The Kijun trend is indicating looking for long positions and right now the Hosoda waves indicate an upward target. Although the NT target is below price the N target was reached with a spike : - E: 27423 - V: 26143 - N: 23816 - NT: 20199 It is important to assess 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: Decreased. - Price of BTC: Decreased. - Alt Cycle Expectation: Pump. 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 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
$QNT retests the 200 MA After the quad bounce off of the 0.786 resistance line yesterday (Larger Circle), the $QNT market headed towards a retest of the 200 MA (Smaller Circle). It was beautifully executed, both the 200 MA and the ichimoku cloud were touched, retested and successfully held their ground. The $QNT market is on its way up again following the uptrend line I had drawn a few days prior of buying what seemed to be the bottom of this run. Hopefully we can see some very nice profit over the next couple of days! Thanks all for taking the time to view this idea! feel free to leave a comment and let me know if you agree with it or of there is anything I should consider on top of this information. I wish you good luck! <3
Long
by KneeSlappaa
8
July 6, 2022 BTCUSD - Ranging, waiting for momentum to show up. 1. Chico span is flat, showing no real momentum in any direction. Once chikou span starts running into price, you can typically expect a directional movement. Chikou span does not often run through price as Chikou span is 26 days in the past, which means that price has been ranging for the last 26 days when Chikou crosses over price. 2. Price is creating symmetry around Tenkan, and we do not see higher highs or higher lows. Price is consolidating within a range and will eventually break out in one direction, and momentum signals can help gauge which way price breaks out. 3. The Kumo cloud is shrinking, which means less volatility, but we still have Kumo span A pointed down in a bearish direction with Kumo span B showing no movement (flat). Price is well below both spans and shows no signs of engaging the cloud unless we soon see a break to the upside. 4. The volume momentum is dropping compared to the high of June 13. We also see the momentum oscillator showing a downward movement. Momentum analysis shows that we are in a range and will need to break out of the last fractal (orange line) or below the strong support (aqua line) before we see any momentum changes. Since we are in a downtrend and the Macro markets are still not in good shape, we can assume the probability is more downside. The only thing holding the price up is powerful support of 20k. When support has been tested multiple times, it can break down while orders fill at that level. The more we test the 20k levels, the more chance there is of it flipping to resistance and price staying under it. We stay neutral until we see a sign of directional momentum.
INDEX:BTCUSD
by gonz0w