Cryptonerds

Long BTCUSD (4H timeframe)

Long
Cryptonerds Updated   
COINBASE:BTCUSD   Bitcoin
Long entry for BTCUSD at 23441 USD.

Ichimoku triggers:
-Price just entered the kumo cloud on the daily timeframe for the first time since 21APR22.
-Tenkansen is above the Kijunsen on both 4H and daily timeframe.
-Price above kumo cloud on 4H timeframe.
-Chikouspan is above price and kumo cloud.

Moving averages:
-Breakout of previous price levels (higher high).
-Price above all moving averages (9,21,50,100,200 EMA and 9,2,50,100,200 SMA).
-9 to 100 exponential moving average (EMA) positively aligned and 9 to 200 simple moving average (SMA) positively aligned.

Pivot Points:
-Break of the Monthly Pivot Point.

We will keep you updated.
Trade closed: stop reached:
Trade closed at 22219$, we took our losses at -5.4%
Comment:

ELLIPSE Strategy 7-Day Free Trial:
www.buymeacoffee.com/cryptonerds

Set up Alerts, Automated Trading, Backtest Results and more info:
medium.com/@cryptonerdsio-17168
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.