itsjustanalysis

itsjustanalysis

The daily Ichimoku chart for Bitcoin doesn't look pretty - but it's not awful either. Resilience is the trait I attribute to Bitcoin here. Even Ethereum, when faced with the same current conditions with the Ichimoku system, failed to hold up and instead toppled. If the structure remains the same, I anticipate another big push higher when both of these two...

itsjustanalysis Updated 

There are a series of bullish technical conditions on silver's monthly chart that suggest significant upside potential going into 2024. Those conditions are as follows: An Ideal Bullish Ichimoku Breakout on the monthly chart - if XAGUSD can close at or above $24.56. The DTO returning above the zero line. Hidden bullish divergence between the candlesticks...

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Algorand Daily Chart Price Action Analysis ▪ ALGO is very, very close to it's most bullish technical condition since late Feb 2024. ▪ If there's a daily close above $0.13, ▪ and if the Chikou Span remains above the bodies of the candlesticks, ▪ then boom to moon

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Zcash's weekly Ichimoku chart is one of the most insanely bullish looking altcoin charts out there I'm nerding out on how insane SEED_DONKEYDAN_MARKET_CAP:ZEC 's weekly chart looks. IF Zcash can close at/above $35.10, it will be the first weekly close above the cloud since December 2020.

itsjustanalysis

🔷 Near-term resistance @ $22.13 🔷 Major resistance between $24.50 - $26.50 (contains the 50% Fib retrace, Kijun-Sen, and bottom of the Cloud). 🔷 Above $31 = moon for #Avalanche

itsjustanalysis

🔷 If it closes in the Cloud, sucky trading conditions over the next 5 to 6 days are likely. 🔷 Major resistance is at $62,700. 🔷 If #bitcoin can close at/above $68,400, there's a high probability of new ATHs occuring soon after.

itsjustanalysis

Reasons why: ⬨ Hidden bullish divergence ⬨ Tenkan-Sen's slope shows strong momentum higher ⬨ Cloud is very thin ⬨ DTO is at support 🎯 2024 Targets: $5,283 & $7,686 Things to look out for as continued bearish warning signs: 👉 The DTO falls below the zero line and remains below for more than four days 👉 There is a daily close below the Kijun-Sen

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👉 A weekly close at or above $0.666 would confirm an Ideal Bullish Ichimoku Breakout entry. 🎯 2024 targets: $0.978 & $1.648.

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👉 Hidden bullish divergence 👉 Significant support around $154 👉 If bulls can close OMXSTO:XMR at or above $169.16, it will confirm an Ideal Bullish Ichimoku Breakout, the first since May 4, 2024. 🎯 2024 targets: $250.65 & $352.59

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⬨ I'm anticipating it consolidating between $31 and $33 ⬨ The Composite Index and Detrended Price Oscillator are both at their respective historical resistance levels

itsjustanalysis

From a time cycle perspective, Dogecoin is currently sitting at the very end of its normal range to retest prior all-time highs. If you consider crypto cycles related to CRYPTOCAP:BTC 's halving, 6 months post halving is generally when we starts to see some big moves in the whole space. From an Elliot Wave perspective, #dogecoin has likely bottomed for this...

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Short-term BTC Analysis A pause in #Bitcoin 's move higher? Possibly. Might not last long though. ⚠️ Senkou Span B is the strongest support/resistance in the Ichimoku system, making it rare for prices to break through it. ⚠️ The Chikou Span reacts similarly to support/resistance as current prices. ⚠️ RSI and DTO are at historical resistance levels. Thing To...

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Some key things to look out for on #Cardano 's daily chart: ◦ Major gaps between the bodies of the candlesticks and the Tenkan-Sen. The two don't like to be far away from each other, they're like an unhealthy co-dependent couple. ◦ Senkou Span B is the strongest level of support/resistance within the Ichimoku system. ◦ The RSI and DTO are at historical...

itsjustanalysis Updated 

700-day pattern and the 400-day pattern The linear chart shows a very flat price level until the massive expansion begins in early 2017. However, the logarithmic chart shows the proportion and percentage of moves more accurately. The difference could be explained by simply describing the move from 100 to 200 on a linear chart is the same as a move from 11000 to...

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This analysis combines some of the theories in Gann Analysis and the Ichimoku Kinko Hyo system. Outlook: Extremely high probability of a bottom developing soon around the $208 value area and then returning higher to the $244 value area. Gann And Ichimoku Analysis There is a square of price and time in Gann's Square of 9 on the date of January 16 and the...

itsjustanalysis Updated 

Coinbase is working on a weekly close that would be the highest of the past 13 weeks. Additionally, it has broken out above the weekly Cloud for the first time in it's history. Once the Chikou Span is in 'open space', it will confirm an Ideal Bullish Ichimoku Breakout. NASDAQ:COIN 's periodicity suggests that the next price and time levels to watch are the...

itsjustanalysis

I used the following data to support my outlook: 1. The month of June is historically a month where major and minor highs/lows appear for Tesla. 2. Tesla’s periodicity shows periods of 100 – 120 days of price swings. The boxes on the chart represent them. 3. Gann’s dynamic Square of 9 angles are represented by the horizontal red, blue, green, and yellow...

itsjustanalysis Updated 

Bitcoin's weekly close above the Ichimoku Cloud is very significant. I wrote about this same event back in January 2020: This is likely the beginning of the next expansion and bull phase. If this scenario plays out, then a return to the ATH sometime around the last half of June 2024 and the first have of July 2024 is likely, with a new Top/ATH established...