It seems that Tenkan-sen wants to direct the candlesticks to Kijun-sen. I think after a sharp drop in pounds, maybe now is the time to rest. It is also possible that the price wants to pull back on the Kijun-sen 216. what do you think? Be sure to tell me your opinion.
When I just opened the chart I saw a rapid decline from the Kijun-Sen and moving averages towards the bottom of the cloud. I expect price to move all the way to previous range low and put stop right above that range where the Kijun-Sen confluences with that line. Once I master this form of charting Ill start educating, my goal right now is to become a profitable...
A couple days ago we got a morning star bounce from the 38K-39K support zone right into double Kijun-Sen. We currently are back into the zone and I expect the pair to consolidate for a while in between Kijun Sen and support area. This to me is day trader territory and not clear enough to see if we get a trend change to the upside for a multi week position.
Hi everyone All Ichimoku indicators indicate a rise in silver. I think silver can grow up to $ 32 and even more. The Kijun sen Indicators 108 and 216 also confirm the climb. ❤️Please, support this idea with a like and comment!❤️
you can see a V shaped on kijunsen on ichimoku it shows that price will reach there , and you can look for another V shapes on ichimoku
DAILY PICTURE : 57'500 which is the double top trigger level should still be seen as a KEY PIVOT LEVE L for further development. In addition, slightly below this level we can see the Tenkan-Sen or Conversion line, currently 57'368. As already mentioned, a daily closing below both levels mentioned would add further selling pressure and put the focus to...
As expected, yesterday's small recovery has been short lived !!! Indeed, RSI bearish divergence on H1, triggered a corrective move only, pushing up the BTCUSD towards an intraday high of 57'882, missing to breakout the clouds resistance area on this time frame... (magical clouds :-)...) In addition, recent price action triggered an other bearish signal : the...
The breakout and the last D1 closing level above the 50'000 psychological level, accelerated the upside move towards a high so far of 51'915. Currently in a new uptrend channel with its first resistance around 52'000 (former yesterday's high) ahead of former of Sept 6ht @ 52'956. On the downside the former resistance of 50'000 became now the new support to look at...
Good morning, today we are going to look at the H4 and H1 time frames which are both showing some growing uncertainty about further development. Indeed, I mentioned in my previous analysis to look carefully at the 48'000 as a barometer indicator and looking at recent and current price action we can note, so far, some lack of momentum to clearly confirm a breakout...
Due to the formation of the shadow a few days ago, it is expected that Bitcoin will try to touch that price range. The most important bitcoin support in the fall can be considered in the range of $ 42,000. Given the USDT.D and BTC.D positions, a relatively weak fall is expected to occur. Due to the proximity of MA50D and MA200D to each other and the position of...
In the four-hour time frame, a triangle pattern is formed. As we know in this pattern, the target of the triangle pattern is ascending or descending as the base of the triangle. Due to the formation of the Dodge candle in the previous candle on the lines of Kijunsen and Senko Span, A above the Como cloud, which is itself an important support, as well as based on...
H4 time frame is showing an ongoing bearish price action, putting now the Mid Bollinger Band, currently @ 43'238 under attack. Therefore, MBB, should now be seen as the LEADING INDICATOR for the upcoming hours. Indeed, a failure to hold and stay sustainably above this important support level, would open the door for further downside, having in mind the next...
Everything is perfect, a great opportunity can be proposed for EOS !
D1 : Still in a broad bearish channel and below the Mid Bollinger Band. Yesterday's price action triggered a doji ("hanging man" or "dragonfly", confirmation will be given on D1 closing) ! Globally, as long as BTC does not breakout the downdrend channel first and does not move and hold above MBB and Kijun-Sen (Base line), price action...
H1 : Recent rally looks to be over ! Indeed, after having filled the 61.8% Fibonacci retracement, BTC is now showing a potential double top in progress. In addition, indicators are turning down and a first confirmation will be given by a breakout of the Tenkan-Sen (currently @ 37753, ahead of MBB@ 36963 and finally Kijun-Sen @ 36407 ! A...
D1 : As mentioned yesterday, failure to recover at least above former mid black candle (@ 36810) triggered renewed selling pressure, in putting, overnight the focus on MBB, currently @ 32455 MACD cross UNDER !!! H4 : Failure to recover and hold above the clouds, in conjonction with a rejection at the 50 % Fibonacci retracement (@ 36130) triggered selling...
D1 : Technical targets mentioned in my yesterday's comments have easily been filled with an intraday of 30261. Nice recovery on a daily closing basis above the Tenkan-Sen, currently @ 34867 Nevertheless, IN ORDER TO NEUTRALISE DOWNSIDE RISK, BTC needs to close today at least above the middle of the long black candle, which would trigger a "Piercing...