If you are long than hope for this bullish kumo crossover to help you get around 15% profit.
Will long $XLM if closes above 0.1043 today. SL will be closing below tenkan support.
As mentioned earlier, momentum is getting weak on daily tf, hence #BTC wasn't able to break res. If daily closing is below tenkan, could see 26k next. I would go short if closing happens below 26k for a tp at 24k.
Crypto market cap is inside the kumo cloud now. However there is a bullish kumo twist. Need price above the cloud and lagging above the price as a confirmation for a healthy #Alts rally.
Price is now inside the kumo cloud after almost a year on weekly tf. On daily tf momentum is getting weak. Expect a short term pull back here. If price closes above the daily res then we can see next stop at weekly res.
still needs a kumo crossover for my bags to fill. Till then only $BTC, $ETH & those tokens with bullish kumo crossover for me to play with.
Price moving up but TK and Kumo sideways. Also lagging is moving above the price. Todays closing above 25k will decide if it will be 27.5k next or back to 24k
Will go long on $INJ once we see TK crossover and lagging above the price. Should see at least 20%
Wait for the lagging to come out of the cloud for $XRP. Then I go short.
If today's closing can make sure that weekly is above kijun san, than I will not press the panic button yet and will hope for a bounce till 22.4k. However if it closes below kijun than will go short.
1) Kumo Crossover 2) Price closing below kumo cloud. At least 10% #profit on cards with the short.
Could see a bounce till 25k again on $BTC this week as TK is still bullish and tenkan pointing upwards. Invalidation below 21.2k.
$RUNE will short once we get a bounce till 1.522 on this. Also will make sure that lagging is below the kumo cloud. TP1 will be 1.3 and TP2 will be 1.162
Bearish kumo and TK crossover. Price inside the cloud, we see a higher selling pressure at the moment. Avoid any long position for now or keep 21.2k as your solid sl.
Got a good breakout here. With lagging also out of the Kumo, could see a good rally on this.
closing above 0.269 will make me buy it. Will give atleast 16% profit.
With Tenkan finally pointing upwards we have a bullish scenario however it is very weak for now as Lagging is getting closer towards the price. Will look for short or long entry based on price breaking supp & resis.
With TK in sideways, market is currently consolidating & waiting to decide further direction. With a slight bullish bias its wait & watch for now until a decision is made about direction. Till then: sup: is 23.3k res: is 25k