Hello traders,

I am still enjoying my holiday trip overseas and I borrowed my friend’s computer to update some charts to tell you that I am still trading with you.

Some people avoid using ichimoku to analyze Bitcoin             but I still recommend it. Just stick with original parameters (9,26,52)
Ichimoku cloud is one of the important features in ichimoku analysis. It tells us the major support or resistance without drawing horizontal lines.

Let’s see the structure 1:
A long bullish candlestick with its shadow almost hit Kijun-sen (resistance), but the body closed slightly above the senkou-span of green cloud. How many of people jump into the boat to go LONG? I don’t know, the safe trade is to wait until the candlestick breaks above Kijun-sen first. This is an ichimoku trader’s strategy.

Let’s see the structure 2:
The candlestick hit the previous high on 28-29/Jan, but the bears drew the price down and closed as a shooting star pattern. The price was even lower the resistance level of senkou-span of red cloud. ( Well, some people may argue that the shooting star was not valid. Because of the bearish candle formed the next day. This is so called a shooting star . )
You will see that the bears are much stronger than bulls, the bears created a rejection zone between 11577.85 and 13228.49

What is happening now?
As we can see Tenken-sen & Kijun-sen crossover happened just 7 days ago. It was a buy signal, wasn’t it?
If you have a long order now, your stop loss is to put under the Kijun-sen, which means SL < 8954 or under the low point of the red cloud, which means SL < 8496
If you have a short order now, your stop loss is to put within the rejection zone (a safe zone for bears)
评论: Strong bullish engulfing pattern at the bottom of red cloud now.
If it could stand above the Kijun-sen, then we may go long to 11577 again.
thank you for your wisdom!
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出