Get started

Kumotwist

BTC - Price Action Analysis This is the sell off that, technically, I have been waiting for. The twist in the kumo from a downtrend to an uptrend is a called a "kumo twist" and price will almost always touch the twist. Since the price action has ran up from the XRP case, we could say the technicals were in contrast to the price action. Meaning, the price was doing well, but the kumo twist indicated a sell off that had not yet happened. So why is the sell off good from a technical standpoint? Because after price action tests a twist, there will often be a trend reversal. Furthermore, the reversal is on the daily and weekly chart, meaning the trend reversal could be greater than the pops in price action we've seen this year, which have faced resistance every time before, and there was no technical reversal indication until the current twist. TLDR: This sell off is healthy. Every participant and sideliner who missed the run is going to be the support that makes the bottom.
COINBASE:BTCUSD
by SpektreSignal
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it ! My Adam & Eve bottoms idea is linked below . Thank you !
Long
by shimmeringpath
5
Breakout to 10X ? WAN/BTC #Wanchain #WAN $WANHere we see our WAN 3 day chart and as you see we pushed right through the 3 day Ichimoku Cloud - and have in fact wicked inside the Weekly Ichimoku, This looks good to go to the .236 fib near 26000 , but of course it's hard to say how fast it happens . You see the bright blue arrow on the chart ? That is where a possible Kumo Breakout will happen soon - as that cloud twists upward . We're around 3330 now and this could definitely see 8X to 10X rise in the coming months . Looks bullish.
by shimmeringpath
Parabolic Moves ! FET/BTC #FET #FetchAI $FET Here we see our FET 3 day chart and as you see we broke out last night ! Coming very close , as expected, to our high from last Summer near 1550 .With Mainnet coming in 3 days we seem to be entering into a Parabolic upward movement here .You see where the green arrow is on the chart ? That shows an obvious Kumo Twist on our Ichimoku Cloud - ( also known as a Kumo Breakout ) and it's very Bullish ! . We are also about to have a Golden Cross happen with our light blue 50 MA going to cross up and through our dark blue 200 MA . Next target above us is 3200 - 3420 area ,which is near strong resistance and our .236 fib. I'll link the fib targets in my other chart below . This looks great , extremely bullish chart . Now there can always be some pullback along the way as well as consolidation - I'm not saying we go to 3200 and above tomorrow - but it is definitely looking good for April and beyond !
by shimmeringpath
Easter Bunny WAN/BTC #Wanchain $WAN #WanHere we see our 1 day WAN chart from Binance .You see a Golden Cross appears imminent with that light blue 50 MA going to cross up and through the dark blue 200 MA , probably in a few weeks . When that happens our Ichimoku cloud will almost certainly have a Bullish twist up called a Kumo Twist , or a Kumo Breakout. This is excellent news on a higher timeframe and WAN looks good to break up to the resistance above us at 3750 . Another target above that appears to be 6200 ( another 1 day resistance . ) Price right now is around 1700 - I think WAN will do great this year though . Thanks for reading !
by shimmeringpath
4
Looking Up ! VRA/BTC #verasity $VRA #vraHere we see our VRA Btc daily chart on Kucoin ( it's not on Binance yet . ) See that pink arrow pointing up ? That's pointing at a Kumo Twist that is happening right now on the daily chart . This is very bullish and looks like a target above us could be 917 which is where that red line is. That's an indicator called the VPVR and shows some obvious confluence near 917 so I would think we are going there soon . Also anytime an Ichimoku Cloud twists up into a green cloud that is a Kumo Breakout and it's definitely a good thing . Verasity could do very well this year .
by shimmeringpath
2
Twist Off ! BAT/BTC $BAT #bat #basicattentiontokenHere we see our BAT Btc daily chart from Bittrex . You see that red arrow on my chart ? That's pointing toward an obvious Kumo Twist that seems like it will happen soon. This is extremely bullish and our chart looks good to go up probably to at least 2400 or 2500 near term because our Weekly chart ( not shown ) has a VPVR red line indicator on that area . Probably we are going there . As you can see we are already inside the Ichimoku cloud - this is bullish for continuation on higher timeframes too . I'll do more BAT charts on higher timeframes soon also . So happy to see that Kumo Twist forming here ! Possible BAT targets above us are : the .50 fib near 4773 the .618 fib near 5860 the .706 fib at 6669 possible higher targets after that but let's see where this goes .
by shimmeringpath
2
Twister 300% ? FET/BTC #fetchai $FET #fetHere we see our daily FET BTC chart on Kucoin .This looks great and Fetch AI is expecting a Mainnet in March so the good news and developments are going great for this project . Notice that the Ichimoku cloud is about to have a Kumo twist on the chart where my green arrow is pointing . A Kumo twist is a very bullish development on a higher timeframe chart and means that red cloud we are in will twist up on the ends and will become a green cloud . It's very bullish and surely a good target for FET short term is that resistance above us where my purple arrow is pointing a bit above 900 sats .We could obviously go higher than that if Mainnet news pushes us up further and 200% to 300% seems doable . But I expect FET can do much more than that this year but larger developments may happen later in the year . This looks great . A fantastic long-term hold as well through end of year imo .
by shimmeringpath
4
BTC remains bullish. Daily kumo twist, pre-halving actionBTC has just gotten a kumo twist on the daily, a very bullish indication. Also noted here as the two vertical lines on the right, are the start and finish of the previous big pre-halving pumps, if they were to occur in the same timeframes. Personally expecting to see somewhere between $12k-$14k before halving, followed by a dump and some sideways action for a while until breaking ATH towards the end of the year. A correction on the way to the top would be natural.
BITSTAMP:BTCUSDLong
by csoreff
1
Kijun Bounce - Matic/BTC -1D If you look at Matic for the last few days on the 16th of October, the 18th of October and now again the 21st of October we see a Kijun Bounce trade. Each time we have seen this result in a 5% move and currently this one has momentum and volume behind it. If you check the 4hr using Multiple Time Frame Analysis you will see it has already started to make a move. I would set targets at: 1. 181 2. 188 3. 210 - 1-2 weeks Stop loss: 169 keeping it tight or if you want to play it a little loose stop just below the Kijun at 164. This trade still has a daily Edge to Edge possibility and recently had a Bullish Kumo Twist. Goodluck everyone! Follow me on Twitter at: @coachkcrypto Coach K
MLong
by Joel_CoachK
ETH - Price Analysis Pt.2On a smaller time frame (4hr) we can see the price is forming a well defined bull flag which is in accordance with the cup and handle pattern forming on the daily chart. In addition, you'll notice the steep decline in the Stochastic RSI was mirrored by sideways price action. This tells us that buying pressure is waiting to move in. Lastly, the Ichimoku cloud has begun a bullish twist further indicating a potential upside reversal. However, if the price breaks through the bottom of the flag, it would signal a strong reversal and a failed cup and handle pattern on the daily charts. Furthermore, if the price runs to the top of the flag, tests the upper trendline, and fails to breakthrough, it could be another warning sign. These are just bearish variables to pay attention to as the market indecision continues to play out.
COINBASE:ETHUSD
by SpektreSignal
1
ETH - Price AnalysisAlthough the price is moving down a steep descending channel we can see that there has been buying pressure the whole way down. The RVI and Stochastic indicate that downward momentum and volatility are decreasing with a small bullish curl on the DI -. Further confirmation of this is indicated due to the horizontal movement of the tenkan and kijun. Previously the bottom of the kumo had been acting as support but now that the price has fallen through we could see a drop to the ~.236 fib level nearing the bottom of the Senkou spans. If support holds at the .382 fib level there is a chance that we could see a fib extension up to the .5 level at the top of the bullish twist on the kumo.
by SpektreSignal
VEN Price AnalysisAfter forming some tweezer bottoms (yellow box) price gained upward momentum and entered a short term bullish channel. If the price stabilizes in the center of the kumo (above the ~.5 fib) with a future break of the uppermost trend line this could cause a large run. That trend line follows back to the January ATH. However, a few thing would need to happen. A confirmed bull cross on the MACD Continuation of the RVIs upward trajectory with a break of previous resistance levels. This should also be reflected on the Stochastic RSI. Upward cross on the chikou and continued support of the Kijun as well as the price breaking the resistance formed by the tenkan sen.
V
by SpektreSignal