No Mars for Bitcoin?Papa Elon was not able to launch BITFINEX:BTCUSD to Mars with his tweet. The spike nature of the daily bar of that event, with it closing back below support with a long wick, is NOT a bullish sign. The pump was simply not sustained.
The most likely case is a return to test the supports of 29800 in the near term.
Ichimoku Cloud
ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!The ZRX/BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move.
This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud.
Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.
EURU USD ( just IDEA)hello ,
With the election of Biden as President of the United States and the policies of the party, the dollar will strengthen. Now given the technical situation and the analysis of the Ichimoku system, as you can see, the euro has a big and strong uptrend, so it is a bit difficult to expect the euro to fall from this point, so my guess is that the euro will rise to the previous level. Then, as the Ichimoku Cloud becomes thinner, the Euro will begin to fall by forming a double high pattern and descending from the thinned Ichimoku cloud zone.
good luck.
wanna risk a long on btc when everyone is hyped??why not stonks just keep going up. why shouldnt btc do the same. good luck predicting the top of this market cycle lmao
your long could get rekt, dont risk more than 1-2% per trade, trade well folks and use VERY SMALL POSITION SIZE because high volatility. 10% moves have become the norm. Dont be a wise guy doing 25x.
Markets ranging atm. till support breaks i aint gonna be overly bearish..mostly neutral on btc atm.
Ichimoku trade: FISV into earningsContinuing with my trading Ichimoku this year I caught a trade on NASDAQ:FISV at the bottom of the daily cloud. I'm looking to play a Call as earnings approaches in February.
Touch of the clouds and continuation in the parabolic rise.BTCUSD has been reminding us of the beginning of the bear trend that lasted 2 years. But I see signs of continuation to the upside on the 1D chart. Yes RSI is hot on 1 Week and 1 Day, but we know that at all time highs RSI is not the end all. So this recent FEAR AND PANIC could be just an accumulation and a slight rest with a touch of the ICHI clouds and then a continuation to the upside.
*You are responsible for your trades. Set stop losses, be ready for anything, take incremental profit, live your best life.
Ichimoku entry ATCOlooks like this one has a near-term tendency to stop out before going up when the signal comes... but i like the shape of this entry so we'll give it a shot anyway.