BTC - Ichimoku Cloud Multi Timeframe Analysis

2021년 7월 3일

Ichimoku Cloud Multi Timeframe Analysis for BTC:

1hr Chart:

BTC is in the Bullish Zone of the Ichimoku Cloud for this 1hr timeframe.

BTC has turned the Ichimoku Cloud Leading Span B (Senkou Span B) into support for this 1hr timeframe.

The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid point of the short-term momentum is sideways for this 1hr timeframe.

The Ichimoku Cloud Base Line (Kijun Sen) is indicating the mid point of the mid-term momentum is sideways for this 1hr timeframe.

The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways within a range at the moment for this 1hr timeframe.

Note that the Conversion Line (Tenkan Sen) is back above the Base Line (Kijun Sen) for this 1hr timeframe.

Note that the Lagging Span (Chikou Span) is back above the price from 30 Periods ago for this 1hr timeframe.

Note that the Cloud (Kumo) is still Bearish Red for this 1hr timeframe.


6hr Chart:

BTC is in the Equilibrium Zone of the Ichimoku Cloud for this 6hr timeframe.

BTC has found some resistance at the Ichimoku Cloud Leading Span B (Senkou Span B) level for this 6hr timeframe.

BTC has found some support from the Ichimoku Cloud Conversion Line (Tenkan Sen) level for this 6hr timeframe.

The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid point of the short-term momentum is sideways for this 6hr timeframe.

The Ichimoku Cloud Base Line (Kijun Sen) is indicating the mid point of the mid-term momentum is sideways for this 6hr timeframe.

The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways within a range at the moment for this 6hr timeframe.

Note that the Conversion Line (Tenkan Sen) is back above the Base Line (Kijun Sen) for this 6hr timeframe.

Note that the Lagging Span (Chikou Span) is back above the price from 30 Periods ago for this 6hr timeframe.

Note that the Cloud (Kumo) is still Bearish Red for this 6hr timeframe.


1D Chart:

BTC is still in the Bearish Zone of the Ichimoku Cloud for this 1D timeframe.

BTC has found some resistance from the Ichimoku Cloud Conversion Line (Tenkan Sen) level for this 1D timeframe.

The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid point of the short-term momentum is sideways for this 1D timeframe.

The Ichimoku Cloud Base Line (Kijun Sen) is indicating the mid point of the mid-term momentum is sideways for this 1D timeframe.

The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards within a range at the moment for this 1D timeframe.

Note that the Conversion Line (Tenkan Sen) is still below the Base Line (Kijun Sen) for this 1D timeframe.

Note that the Lagging Span (Chikou Span) is still below the price from 30 Periods ago for this 1D timeframe.

Note that the Cloud (Kumo) is still Bearish Red for this 1D timeframe.


1W Chart:

BTC is still in the Bullish Zone of the Ichimoku Cloud for this 1W timeframe.

BTC has found some resistance from the Ichimoku Cloud Base Line (Kijun Sen) level for this 1W timeframe.

The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid point of the short-term momentum is sideways for this 1W timeframe.

The Ichimoku Cloud Base Line (Kijun Sen) is indicating the mid point of the mid-term momentum is sideways for this 1W timeframe.

The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways within a range at the moment for this 1W timeframe.

Note that the Conversion Line (Tenkan Sen) is still above the Base Line (Kijun Sen) for this 1W timeframe.

Note that the Lagging Span (Chikou Span) is still above the price from 30 Periods ago for this 1W timeframe.

Note that the Cloud (Kumo) is still Bullish Green for this 1W timeframe.


Notes:

Conversion Line (Tenkan Sen) = Blue Line

Base Line (Kijun Sen) = Orange Line

Lagging Span (Chikou Span) = Green Line

Leading Span A (Senkou Span A) = Green Line of the Cloud

Leading Span B (Senkou Span B) = Red Line of the Cloud

Bullish Zone = Above the Cloud

Equilibrium Zone = Inside the Cloud

Bearish Zone = Under the Cloud

Settings used = 20, 60,120, 30.


The aim of this post is to show how you can uses the Ichimoku Cloud on multiple timeframes so I hope this is helpful with your trading and hodl-ing.