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OVERVIEW

Ten Charts, Three Timeframes, One Very Moody Cloud ☁️

Here’s What’s Happening 👇

ICHIMOKU
The Weeklies Would Like A Word 🌩️

The daily Ichimoku charts in crypto are having a nice time. The weeklies and monthlies would like a word. 🙊

Bitcoin is down a little over 2% this morning at 83,476. Ethereum is off closer to 5%. Uniswap is down 7%, and Dogecoin is doing what Dogecoin does. After six weeks of green, the market finally got handed a pop quiz.

So today is all Ichimoku. Ten charts across the monthly, weekly and daily, with the levels that matter on each.

The short version goes like this. Nearly every daily chart here is above its cloud. Most of the weeklies are stuck inside theirs or under them, and the monthlies mostly look like Alderaan. It's a daily rally walking into weekly resistance, and this morning is the first time anyone's checked its ID.

Housekeeping, quickly. Settings are the standard 9/26/52. When I say price is above, inside or below the cloud, I mean the cloud sitting under today's candle, not the one projected out front. A few of these coins are too young to have a monthly cloud at all, and I'll say so when it comes up. ☁

ICHIMOKU
Where Bulls Are Looking 👀

Bitcoin

The monthly is still above the cloud, which sounds great until you notice price is under the monthly Kijun at 89,375. And the weekly? Third week wandering around inside a red cloud that runs from 79,311 to 93,100, like a guy in an IKEA who has given up on finding the exit. 🪙

The daily is above its cloud but coughed up the Tenkan at 84,998 this morning. Bulls are likely looking at the stretch from the daily Kijun at 81,182 down to the weekly cloud floor at 79,311 for long opportunities. That Kijun has been flat for 17 days, and flat Kijuns have a way of pulling price back for a visit.

A daily close under 79,311 and the mood changes fast - bulls sweating, bears ordering appetizers. Overhead, 89,375 and then 93,100 are the doors that need kicking in.

Bitcoin: Bulls Are Eyeing 81,182 Down To 79,311 - weekly and daily Ichimoku

Click to enlarge.

Ethereum

How much support is under $ETH ( ▼ 4.61% )? Three timeframes' worth, all crammed into 41 dollars. 2⃣

Monthly cloud floor at 2,542. Weekly cloud floor at 2,567. Daily Kijun at 2,583. That's Hodor at the door, and price is leaning on him right now after slipping under the daily Kijun this morning.

Bulls want 2,583 back and are likely hunting for longs if the shelf holds. If a daily close lands under 2,542, ETH is below the monthly cloud and the weekly cloud in the same breath. Bears get giddy there, with 2,406 and 2,330 in view.

Ethereum: Three Timeframes Of Support Inside 41 Dollars - weekly and daily Ichimoku

Click to enlarge.

Solana

$SOL ( ▼ 3.84% )’s weekly chart is in week three of the cloud, floor at 111.5, ceiling way up at 160.5. Plenty of headroom, in the way a basement apartment has headroom. 💨

The daily is above its cloud with a Kijun that has sat at 110.4 for 11 days without moving, like it's waiting for a bus. Those two levels are roommates, so 110.4 to 111.5 is where bulls are likely looking for long opportunities. Under 110 on a daily close, bulls look nervous.

The monthly is no help. Not enough history for a cloud, and price is far below the monthly Kijun at 177.98.

Solana: Daily Kijun Meets The Weekly Cloud Floor Near 111 - weekly and daily Ichimoku

Click to enlarge.

Hyperliquid

The only chart on this list with a recent all-time high: 98.04, two weeks ago. Everyone else is in rehab. $HYPE ( ▼ 4.03% ) caught the last helicopter off Isla Nublar. 📈

Weekly Tenkan has been above the Kijun for 26 weeks. It's too young for a monthly cloud, and the weekly cloud only shows up ahead of price. The daily is above its cloud with the Kijun flat at 86.6 for 15 days, which is where bulls are likely looking.

A daily close under it and 78.9, the daily cloud top, comes into view. Bears have been waiting a long time for anything.

Hyperliquid: The Only Chart Here Near Its All-Time High - weekly and daily Ichimoku

Click to enlarge.

Uniswap

$UNI ( ▼ 9.57% ) broke out above its weekly cloud four weeks ago, ran to 10.94, and has since handed back 27% of it. So how's the breakout going? It's about to get its performance review. 🦄

The weekly cloud top is 7.15 and stays parked there for the next ten weeks, with the weekly Tenkan at 7.06 right beneath. That's the retest, and it's where bulls are likely looking for long opportunities.

On the daily, price lost the Tenkan (8.62) and the Kijun (8.46) this morning, so nobody's in a hurry. A weekly close back under 7.15 turns the breakout into a field trip.

Uniswap: The Breakout Retest Sits At 7.06 To 7.15 - weekly and daily Ichimoku

Click to enlarge.

Chainlink

October's high is 14.65. The monthly cloud floor is 14.64. ⛓

$LINK ( ▼ 4.36% ) walked up to the monthly cloud, got the Gandalf-on-the-bridge treatment, and has drifted lower since. It's been under that cloud for 12 months.

The weekly is three weeks inside its own cloud, 11.12 to 17.51. The daily has spent five days under the Tenkan at 14.46 and is now sitting on the Kijun at 13.20. Bulls are likely defending 13.20 and looking for longs if it holds. Lose it on a daily close and 11.99 is next, with bears getting chatty.

Chainlink: Sitting On The Daily Kijun At 13.20 - weekly and daily Ichimoku

Click to enlarge.

ICHIMOKU
Where Bulls Get Nervous 😬

Tron

$TRX ( ▼ 0.12% )’s monthly chart has had the Tenkan over the Kijun for 35 months. Thirty-five. It's the T-1000 of this list - it just kept walking. 🚶

The weekly and daily have started to disagree. Weekly Tenkan crossed under the Kijun five weeks ago and price has been below both for three. The daily is having its first day below the cloud, which at 0.3359 is thin enough to read a newspaper through.

If that close sticks, bulls look nervous and bears start eyeing 0.3229, then the weekly cloud at 0.305. Bulls don't get comfortable again until price is back over the weekly Kijun at 0.3442.

Tron: First Daily Close Under The Cloud Is On The Table - weekly and daily Ichimoku

Click to enlarge.

Monero

$XMR ( ▼ 1.52% ) is above the cloud on all three timeframes, so what's the problem? The daily. 🥷

Tenkan crossed under the Kijun eight days ago and price slipped back under the Kijun at 559 this morning. The Chikou is tangled in the candles like earbuds in a pocket, and the weekly cloud ahead has turned red. None of that is a breakdown. It's the check-engine light.

The level that matters is 504 to 506, where the weekly Tenkan, weekly cloud top and daily cloud top all stack. Bulls are comfortable above it. Below it, the cloaking device fails and bears get a clean look.

Monero: Daily Lost The Kijun, 504 To 506 Is The Line - weekly and daily Ichimoku

Click to enlarge.

Near

September took $NEAR ( ▲ 3.04% ) from 1.92 to 5.34. Nothing on this chart is broken. It's just a very long way from home - 44% above the weekly Tenkan (3.56) and 31% above the daily Kijun (3.92). Ichimoku treats that kind of gap the way a tractor beam treats the Falcon. 💻

Bulls holding it look nervous on a daily close under the Tenkan at 5.04. Bulls who missed it are likely waiting further down, somewhere between 3.92 and 3.56, pretending they're fine with that.

Near: Nothing Broken, Just 31% Above The Daily Kijun - weekly and daily Ichimoku

Click to enlarge.

Dogecoin

And how's $DOGE ( ▼ 5.39% )? Bad. 🐶

Below the monthly cloud for 11 months. Below the weekly cloud, with the weekly Tenkan under the Kijun for 48 weeks. The daily is the last timeframe above a cloud, and it's above by about 2%, holding like the last working fence in Jurassic Park. This morning it lost the daily Tenkan and Kijun too.

A daily close under 0.0842 puts DOGE below the cloud on every timeframe, and that's when bears get giddy. Bulls need 0.0931 back - the monthly Tenkan and weekly Kijun both sit there - before anyone takes them seriously.

Dogecoin: One Bad Close From Below Every Cloud - weekly and daily Ichimoku

Click to enlarge.

The Bench

There are four that didn't make this list, but are worth a glance. 💺

  • $ZEC ( ▼ 1.39% ) is above the cloud on all three timeframes and cooling off from a 1,698 high. It's spent five days under the daily Tenkan and Kijun, so it's the same check-engine light as Monero with a bigger engine.

  • $XRP ( ▼ 5.67% ) has its weekly Tenkan and Kijun both flat at 1.343, the exact level of the daily cloud bottom. One number doing a lot of jobs.

  • $BNB ( ▼ 1.25% ) just poked its head into the weekly cloud at 753. Welcome to the IKEA.

  • $TON ( ▼ 4.19% ) is weak on every timeframe. Moving on.

STOCKTWITS MCP
Fresh MCP Scan: Five New Names, That's The Most Useful Thing It's Said In Weeks. 🚫

You asked, here’s another Stocktwits' MCP scan. 💢

Get In Early Scan - Lean: Bullish

  • Nobody. Zip. Zero. Zilch.

It’s A Trap! - Lean: Leave It

  • $TRUMP ( ▼ 7.75% ) - the cleanest trap I've seen on this board. Sentiment has climbed every week since mid-September, from deeply bearish to extremely bullish, and chatter has tripled. Price is -20% on the month, -8% today, sitting on its 30-day low. The crowd is walking in as the building empties.

GTFO - Lean: Bearish

  • $STRK ( ▼ 5.26% ) - this is a room that filled twice. People piled in September 20 after a 50% day, left a week later, piled back in October 3 after another 25% run. Sentiment 88, chatter 91, and price is already 20% off Monday's high. Same shape as AMP and DASH, both of which bled after they were flagged in prior scans.

  • ZORA - the crowd is showing up, but not to buy. Sentiment has been bearish all month and is still sinking while chatter jumped from near zero to normal over the weekend. Price -17% on the month at a fresh low this morning. People are arriving to complain.

Spent - Lean: Neutral, It's Over

  • $AVT ( ▼ 5.65% ) - spiked 59% in one day on September 28, crowd hit the ceiling for a week, and both have been leaving since. Sentiment 94 to 46, chatter 96 to 57, price 37% off the high. The party happened, the lights are on, somebody's stacking chairs. Still +34% on the month for whoever got in before the spike. That was not me and it's not going to be you.

Big Cap, No Signal - Lean: Neutral

  • $ADA ( ▼ 5.77% ) - 131,700 watchers, sentiment in the mid-50s, chatter in the mid-50s, no trend in either. Made a new 30-day high yesterday, -5% today, still +15% on the month. It's doing what the whole market is doing. If you want Cardano exposure, you already have it. It's called everything else.

Still not advice. Five names, zero buys, one trap I'm going to stay out of even though it keeps paying. That's discipline or stubbornness. 🧊

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Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋