This is an educational post analysing BTC/USD 1 day chart using a mixture of Goichi Hosoda's Ichimoku Ichimoku Kinko Hyo System, Cloud, Number Theory, Price, Time and Wave Principles and introducing you to these methods if its your first time hearing about them. I have been experimenting with the entire Ichimoku System so I hope that you find this post interesting...
Cardano is bullish by Ichimoku confirmations -price is above Tenkan Sen, Kijun Sen, SSA and SSB, meaning bullish market sentiment in short, mid and longterm. -Tenkan Sen, Kijun Sen and SSA are up, meaning bullish trend in short, mid and short to midterm. -Chiko Span is above the candles, meaning bullish market momentum. -Kumo has thickness, that is great for...
Coti has been forming a cup and handle pattern. After the handle got broken price has been going up and got rejected at the very important resistance level. This level is also the 0.382 fib extension level. The target of the cup and handle is at the all-time high at 0.6090 cent. But before price gets there, it need to break two important resistance levels. Maybe...
After breaking out of the descending triangle Vechain has been going up and is now fighting a very importent resistance level. At the moment a gravestone doji is forming at the resistance, meaning a bearish reversal could be happening in the near future. According to fib extension, price tried to break the 0.382 level but got rejected. If price can break the 0.382...
Medium Term Target for Litecoin has been reached @ $135 (Feel free to view previous Idea for Analysis) As stated 1 year from now Litecoin should reach new highs. For now expect Litecoin to keep pushing higher below are a few target I have in mind. Since new are deep in profit I want everyone to be cautious if we drop back down to the $120 mark before heading...
BULL MOVE Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range. BEAR MOVE Now this is where things get tricky. Even though a P-Wave is a...