Confluence: 1. Conversion line below Base line for bearish direction . 2. 50 % retracement 3. Price almost touches the Senko Span B retest. Slightly below the Base line 4. Level also 50 Day EMA . Entry just below 50% retracement.
Confluence: Conversion line above Base line indicating for bullish direction. Price touch Base Line and retraced 50% Retracement co-inside with base line. Overall since ichimoku is bullish crossover recently, I went into this trade.
Conversion line Crossed Base line for bullish direction . RSI is below the 50 so that's risk, however a higher high and higher low is established. Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
Confluence: Conversion line above Base line indicating for bullish direction. Price touch Base Line 50% Retracement co-inside with base line. Just below the 50% retracement , I buy Below 61.8 % retracement is stoploss Overall since ichimoku is bullish crossover recently, I went into this trade.
Confluence: 1. Conversion line below Base line for bearish direction . 2. Price almost touches the base Line retest 3. Level also 50% retracement. Entry just below 50% retracement.
Confluence: Conversion line above Base line indicating for bullish direction. Price is below Base Line, which is worrysome. Price tested the trend line 61.8% Retracement co-inside with trend line together. Overall since ichimoku is bullish crossover recently, I went into this trade.
Confluence: Conversion line above Base line indicating for bullish direction. Price tested Base Line Base Line and 50% Retracement co-inside together. Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
Conversion line above Base line indicating for bullish direction. Price tested Base Line, purchased slightly below the base line. Base Line and 50% Retracement co-inside together. Chikou Span above Candle stick, and showing a bull potential. This setup is good for trading .
Conversion line above Base line indicating for bullish direction. Price almost tested Base Line Base Line and 50% Retracement co-inside together. Chikou Span above Candle stick, and showing a bull potential. This setup is good for trading .
Confluence: 1. Conversion line below Base line for bearish direction . 2. Price touches the base Line retest 3. Level also 50% retracement. Entry just at 50% retracement.
Conversion line above Base line indicating for bullish direction. Price tested Base Line Base Line and 50% Retracement co-inside together. Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
Conversion line Crossed Base line for bullish direction . RSI is above the 50 Price touches the Conversion Line retest Chikou Span is above Candle stick, Slight fear of Japan Govt intervention
Ichimoku Analysis Timeframe : 1D Conversion line (blue) cross below base line(red) implies sell price touching base line Timeframe : 1D Conversion line (blue) cross below base line(red) implies sell price touching conversion line Weekly and daily direction is same
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...
Hey traders,hope you have good time.As you can see in the chart, Bitcoin failed to break above 31600 and the price was rejected. Now, based on Ichimoku and price action, the price can move towards 27800-28200 to accumulate liquidity. If the price has a good reaction on these areas, expect Breaking the 31600 resistance and starting an upward rally to around 38000...
Using the Ichimoku indicator I identified the daily trading levels. If gold is expected to undergo a decline, its first significant support level will be at $1980. If market bears push gold lower, the following critical level will be $1960. If gold experiences an increase, its first significant resistance level will be at $2050, an important price point. This...
I've been following this asset since March '22 and it followed the downtrend pretty strongly until it entered into a massive ranging mode. Even though the whole market was moving a lot, this coin continued to play under this strong range. Right now, I've managed to see a triangle formation which I believe it's crucial to identify which way price might go next....
We could potentially have 3 moves I could forecast. Bullish scenario First move would be a break above 0.0046 that would totally mean bulls are taking over but we could potentially see a second move that could be a correction towards previous resistance that has turned into support 0.0042 then the bull move would continue Targets: 0.0057 - 0.0066 Bearish...