You know the drill, edge to edge trade. Firstblood has entered into the 1 day cloud(using settings 20,60,120,30 adjusted for 24/7 crypto market compared to monday to friday stock market and then doubled to reduce noise from signals and give more reliable entry indications), Entry into the cloud is a signal for an edge to edge trade.
This is also a relatively high volume coin with volume being around 1000btc which is 50 times higher than some of the other altcoins with good entry criteria.
Other bullish signs are the cloud turning super thin, almost ready for a green kumo twist, lagging span seems ready to enter the cloud and is above price, and the tenkan and kijun look set for a bullish recross(Blue over red) All of this provides us with early bullish momentum indicators and we can set our stop loss quite near our entry with our targets very high above, providing for a a very good risk to reward ratio of 70:1 trade. Note the massive scale of the trade the graph is presented in a logarithmic format.
The first target will be the top of the cloud providing approx 150% gains
First target- top of cloud - 0.000210 satoshis(150%)
Stop loss( 0.00068 below the cloud and kijun)
Happy trading.
This is also a relatively high volume coin with volume being around 1000btc which is 50 times higher than some of the other altcoins with good entry criteria.
Other bullish signs are the cloud turning super thin, almost ready for a green kumo twist, lagging span seems ready to enter the cloud and is above price, and the tenkan and kijun look set for a bullish recross(Blue over red) All of this provides us with early bullish momentum indicators and we can set our stop loss quite near our entry with our targets very high above, providing for a a very good risk to reward ratio of 70:1 trade. Note the massive scale of the trade the graph is presented in a logarithmic format.
The first target will be the top of the cloud providing approx 150% gains
First target- top of cloud - 0.000210 satoshis(150%)
Stop loss( 0.00068 below the cloud and kijun)
Happy trading.