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Ichimokukinkohyo

BTCUSD appears to have more upside potentialPotential signals to watch out for. Upside: Most candlesticks that broke above the cloud have higher highs and higher lows Tenkan-sen and Kijun-sen crosses upwards Chikou-span i.e. the lagging line is about to cross above the cloud No weekly bearish bars above the cloud Downside: Last week's candle is a potential reversal signal, it's also an inside bar, therefore a breakout is required for confirmation Price is approaching a monthly resistance, be mindful a sharp reversal may occur. The Lagging line may be rejected by the top of the cloud
COINBASE:BTCUSDLong
by FxCloudTrader
STGUSD ✅ Wait for Confirmations!We have a perfect descending triangle that has been playing out for a while now. I think 2 things could happen: It breaks out from the triangle and then we wait for the retest to confirm pattern to go long. Target supply zone: 1 - 1.10 It breaks downward till the next demand zone which is quite lower! Target demand zone in between: 0.40 to 0.43 So for each scenario if you wait for the right confirmations you can get a pretty awesome reward. I'd suggest to spot rather than futures. I'll update as I see points of interest following this concept. Regads, Kina ✅
by KinaStar
2
Will Bitcoin Climb to 50K: Weekly Ichimoku Analysis for InsightsHistorical Parallels: Looking at prior price trends, Bitcoin's recent price action echo historical attempts in early '21 and mid '21 to breach a significant resistance (30k-31.84k). At present, Bitcoin's attempt to overcome a resistant level enveloped within a Kumo cloud replicate a familiar pattern, potentially foreshadowing an imminent breakthrough. Weekly Ichimoku Analysis: An examination of the recent trading week unveils intriguing details. The closure above the Kijun support resists downward pressure, conceivably priming the market for an upward trend. Simultaneously, subtle fluctuations in the Kumo cloud configuration hint at an impending stabilization phase. Eruptive Move: Rooted in these technical details, a forthcoming bid to surpass the Kumo cloud's barrier and reclaim the 43k threshold gains importance. Achieving it could potentially pave a clear route to the 50k mark, based on a consolidation near the 43k level. Kijun Support: It mainly depends on Bitcoin's ability to grip the Kijun support. Serving as a lifeline, any lapse in maintaining it might trigger a reversal. A failure to secure this support level might change the course towards revisiting the 15k territory. In summary, Bitcoin's current technical situation closely resembles past trends that often led to big price shifts. The coming together of resistance challenges, the appearance of the Kumo cloud, and the steady Kijun support all highlight the complex nature of the market. As the crypto community watches with anticipation, this intricate interaction could play a big role in determining where Bitcoin goes next.
by TheAltcoinBuff
BTC/USD 1 Week ChartOn Monday, BTC had finally crossed above and broke through its major resistance area located on this 1 week charts at $32,415 - $27,785. Note: BTC is still in a Rising Wedge Pattern as well as an Upwards Channel Pattern. BTC is still in a massive Megaphone/Broadening Wedge Pattern otherwise known as an Ichimoku Y-Wave Pattern. Take Note of the Liquidity Voids. Note that the 50MA is moving upwards so if we continue having positive momentum, we will eventually see a Golden Cross on this BTC/USD 1 Week Chart when the 50MA (Yellow Line) crosses back above the 200MA (Red Line). Here is a closer look at this BTC/USD 1 Week Chart. RSI: Note that the RSI has crossed into the Overbought Zone. Don't panic! The RSI Line can continue continue going further upwards as well as range sideways in this zone. Up/Down Volume:
BITSTAMP:BTCUSD
by TradingThroughTheLens
3
GBPNZD Ichimoku Kinko Hyo AnalysisWeekly: Price in Kihon Suchi 33 based on Kyushu Ashi Daily: Tenkan-sen Kijun-sen almost cross Price broke the Kijun-sen Bearish Chiko 9 Kumo flat => Price can still range-down till 19 Sep 2023 H4: Kumo flat, small Kijun-sen flat Tenkan-sen flat Price below Tenkan-sen Price is at Kihon suchi in H4 => Sell when price broke the support (2.10937) and go to lower tf to find edge => If price broke the H4 Tenkan-sen, stay away (No buying and selling)
Short
by UnknownUnicorn30166852
Bitcoin👀Hello guys on the four and a half hour time frame with a short-term view; We can have a price correction up to the range of $26,665. This upward trend line that is clear in the chart is related to higher time frames. If the purple range ($29088) is completely consumed (which is highly likely), we will have a price correction in the lower time frames to the trend line range. Approval of this process has been issued by Ichi Moku! If the $32,578 range is completely consumed before the bearish trend begins, the situation will become very attractive. What do you think?
Short
by BiTBingo
IOTXUSDT 😀 Bullish reversal or double bottom We've got a green market overall as BTC is breaking highs but still we need to be wavy of bull traps!! Specially in alt coins so trade safe and go little by little by areas and taking profits as price goes up. Here's my unbiased plan: Bullish reversal scenerario Confirmation would be when price breaks above 0.01950 then we can look for buy set ups Target 0.20 to 0.22 area Bearish correction Confirmation would be a double top with price unable to break through and bouncing down from 0.0184 Target: 0.016 to 0.015 Let's see how this plays out and be patient for confirmations before pulling the trigger! Happy trading, Kina 😀
by KinaStar