BTCUSD Broke its Trending Line. BTCUSD Broke its Trending Line.
Next TP marked at the previous high AND the Lagging Span reaching the top resistance line.
Notice how the #ichimoku Lagging Span is reacting perfectly to the Pitchfork top median line. Another example of the beauty of Ichimoku combine with other chartists techniques.
Ichimoku Cloud
LTCUSD broke its Trend LineLTCUSD broke its Daily trend line AND is working the Monthly Kijun Sen level (purple line). Note how the Weekly Kijun Sen who felt abruptly and pressing on the price.
If breaking the Monthly Kijun Sen is confirmed, then an new entry point for LTCUSD is possible for those who are not yet in. Invalidation point below the Monthly KS (purple line). Proceed with cautious, cryptos are always very volatile.
EURCHF continuously downtrending by IchimokuComment:
EURCHF Daily timeframe shows a continuous downtrend by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market is near support level of 1.0502. Need to wait for the breakout to sell the market.
EURCAD is continuously downtrending, near previous support levelComment:
EURCAD Daily timeframe shows downtrend by Ichimoku. However the market is near previous support level.
Ichimoku Trend Analysis:
- Kumo (Senko span A) down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Market is in downtrend as per above Ichimoku trend confirmation but very close to the previous support level of 1.4262 from Feb 2020. There is a potential breakout as long as Kumo and Kijun sen are down but need to watch out for a push back. To be safer, better to wait for a breakout and enter trades.
USDJPY bullish by IchimokuComment:
USDJPY Daily timeframe is showing bullish momentum as per Ichimoku analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Next Scenario:
Market could reverse at 114.70 level as this is the previous resistance level from Nov 2017. Once it breaks that level, the next target is at 115.50 level.
CHFJPY Bullish by IchimokuComment:
CHFJPY Daily timeframe shows bull trend by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan senup
- Chiko span above candles
Next Scenario:
After 124.57 level breakout market has been uptrending above Tenkan sen. As long as it's above Tenkan sen and trend line, it will reach to 125.94 level.
EURAUD continuously downtrending by IchimokuComment:
EURAUD Daily timeframe shows a continuous downtrend as per Ichimoku trend confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market broke the support of 1.5420 level from this April and May. Next target is at 1.5267 level.
ETH/USD, 4h, 24 Oct - Ichimoku, Fib Levels - Hop & Skip up.Here we can see a really nice squeeze going on.
We've been getting a solid pinch before opening up and bouncing off Kumo.
We recently broke out of the bigger wedge, and are riding between the two tops.
Looking at MACD, it seems we're ready for another hop & skip upwards.
Right on time for the update on the 27th.
:) :)
AUDCHF continuously up by IchimokuComment:
AUDCHF Daily timeframe shows a continuous uptrend by Ichimoku.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
Market broke the H1 Y wave and showing continuous bull trend by Daily Ichimoku. Target is at the next round number 0.7000 level.
GBPJPY continuously bullish by IchimokuComment:
GBPJPY Daily timeframe is showing uptrend as per Ichimoku trend confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
Yesterday market broke the previous high level of 157.416 and showing continuous uptrend. It may retrace back to Tenkan sen as Kumo is still a bit small. And once it bounces by Tenkan sen, next target will be at 160.133.
EURAUD continuously downtrending by IchimokuComment:
EURAUD Daily timeframe shows continuous downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Continuously bearish. Target is at 1.54176.