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Ichimokucross

BTC First Time Above the Clouds on Daily since Bear StartedJust pointing out that we have broken above the Ichimoku clouds for the first time on the daily since falling below them in November, 2021, when the bear market began. This doesn't necessarily meant he bear is over. The last bull run, the cloud broke TWO times before we started the bull. However, in the 2018 crypto winter bear, which the current bear is much more resemblant of, the bear ended the first time we broke through the clouds. The first cycle, it took a couple times. This recovery looks very strong though relative to historic piercings of the clouds. Very torn right now on what will happen in the next little while. After 2 weeks, if we maintain our position above the cloud, as it turns green, then I believe we will be in another situation like 2018 when the first pierce above the cloud was indeed the end of the bear.
KRAKEN:BTCUSD
by D-Rock_Anomaly
Ichimoku Cloud Indicator MasterclassIchimoku Cloud Ichimoku Cloud is a set of technical Indicators that show support and resistance levels, momentum as well as trend direction which is done by taking into consideration multiple averages and plotting them over the chart. It is composed of 5 lines, 2 of which compose a cloud where the difference between the two lines is shaded in where the price may find support or resistance. The 5 lines include, a 9-period average (conversion line), 26-period average (baseline), an average of those 9-period and 26-period averages (Leading Span A), a 52-period average (Leading Span B) and a lagging closing price line (Lagging Span) There are different ways to interprate the Indicator: Ichimoku Cloud The cloud is the most prominent feature of the Ichimoku Cloud plots. The leading Span A moves faster than the Leading Span B as Leading Span A, the average of conversion line (9-period average), and base line (26-period average) while Leading Span B, 52-period average making the shorter moving average more sensitive and faster than longer moving averages. The price is above the cloud indicates an uptrend and it is strengthened when the Leading Span A is moving above and rising from Leading Span B, similar for downtrend. Ichimoku Crossover For the crossover strategy there will be use of Conversion Line (9-period moving average) and Base Line (26-period moving average). The crossover line takes lesser data points into consideration and reacts to the price more quickly while the baseline considers more data points tending it away from the market price thereby making the reactions slower. Therefore, for Ichimoku crossover a buy signal is generated when the conversion line moves above the base line and sell when the conversion line drops back below the base line. Price-Baseline Trend As the price moves down below the Base Line representing a short-term oversold situation within a bigger uptrend with the pull back ending when the price moved back above the Base Line to trigger Bullish signal while as the price moves above the Base Line representing a short-term overbought region within a bigger downtrend with the bounce ending when the price moved back below the Base Line trigger to a Bearish signal. Ichimoku + RSI The Oscillator indicator is RSI and the moving average is Ichimoku in which we’ll be using RSI to give signal i.e. the signal chart while Ichimoku will provide with the trend i.e. the trend chart. Buy when Leading Span A is above Leading Span B, and the value of RSI crosses up 30 and sell when Leading Span A is below Leading Span B along with the value of RSI crosses below 70. Few Limitations of Ichimoku Cloud Can make chart complex and distracting There are few points plotted in future which might go in vain May become irrelevant for long period of time as price remains way above or way below the cloud Different signals from different elements making it a bit confusing ---------------------------------------------------------------------------------------- Your questions and comments are most welcome. If you find the post useful, please like, share and follow to make sure that you get more information once I publish it. - Mudrex
COINBASE:BTCUSDEducation
by Mudrex
13
Bullish Charts - Streaming Media PlayRoku, Inc. operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others. As of December 31, 2018, the company had 27.1 million active accounts. It also provides advertising products, including videos ads, brand sponsorships, and audience marketplace program; and manufactures, sells, and licenses TVs under the Roku TV name. In addition, the company offers streaming media players and accessories under the Roku brand name; and sells branded channel buttons on remote controls. It provides its products and services through retailers and distributors, as well as directly to customers through its Website in the United States, Canada, the United Kingdom, France, the Republic of Ireland, Mexico, and various Latin American countries. The company was founded in 2002 and is headquartered in Los Gatos, California. Daily Chart looks amazing. Golden Cross at the 112 to 113 level. Broke out above the cloud after the cross. Volume, PMO, MACD, RSI & Stochastic are all Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NASDAQ:ROKULong
by HotCharts
Bitcoin’s final destination close to $4920Today’s insights. Although the left chart shows a significant support zone between 5555 and 5920, the OBV indicator still shows a downtrend of volume. The bears rule the game. We separate two time periods for more studies the recent downsides. 2018/01/05 to 2018/02/10: bitcoin price dropped 50% near one month 2018/03/05 to 2018/06/19: bitcoin price dropped 42% near three months Obviously, we see that the recent fear was smaller than at the beginning of this year. Because most of us should know or technical analysed or even mentally prepared that bitcoin will fall to a bargaining level i.e. 4k to 5k. If the support zone lost the name what it is called, then what will we do ? because there is no demand zone any more ! Ichimoku analysis may help you to locate where the support or resistance is. This time we use chinkou span that many ichimoku traders selectively ignored. The chinkou span cross bearish signal occurs when the chinkou span falls below the price. The yellow oval A was telling us that chinkou span lies adjacent kumo, it was not safe to go SHORT. However, the yellow oval B was telling us that chinkou span lies under kumo, it was safe to go SHORT. (i.e. since 7700) Chinkou span fell sharply two days ago and what will you expect the market does (Falling or Rising)? Now, we drew some dotted lines so that you will know how our logic thinking work. Each dotted line tells you the chinkou span hooked either in a V-shape or inverted V-shape. Chinkou span in V-shape means support, while chinkou span in inverted V-shape means resistance. When you look carefully between the relationship of chinkou span and the price, you will see the below findings. Chinkou span 1 @ 7807 : Support became Resistance Chinkou span 2 @ 6874 : Support became Resistance Well, you may discovered that chinkou span is the closing price shifted into the past, the cross that triggers this signal will be 26 days behind the price and, hence, the actual date that the signal occurs. The strength of the signal is determined by the relationship of the price on the date of the signal to the kumo. How about Chinkou span 3 @ 5870 and Chinkou span 4 @ 4921 ? These are the exercises you are going to watch in the next couple of days.
BITSTAMP:BTCUSDEducation
by SoloTraderAU
9 SIGNAL FOR BUY EUR USD IN THE SHORT & LONG TIME9 SIGNAL FOR BUY EURUSD IN THE SHORT & LONG TIME: 1-CROSS TENKAN SEN & KIJUN SEN IN THE THE M30 FOR SHORT TIME 2-SIGNAL OF TENKAN SEN IN THE TIME H1 FOR UP AND -3- REVERS 4-CANDLE STICK REVERS IN THE TIME H4 AND -5- SIGNAL REVERS OF NUMBER MAGIC ICHIMOKU IN THE TIME H4 6-SIGNAL UP REVERS OF ICHIMOKU IN THE TIME DAILY 7-PATTERN DOUBLE BOTTOM IN THE TIME DAILY & WEEKLY 8-ENGULF CANDLE IN THE TIME MONTHLY AND REVERS TO TRIANGLE MORE DETAILS TO CHART. GOOD LUCK.
Long
by MILAD-FX-26
3