ETC has broken through the Kumo cloud and looks like it is retracing to the flat Kumo area, or possibly further down to the Kijun which corresponds to the 50% fib. The T-K lines crossing twice within a few weeks time span of each other and Kumo Twist is a good indication that price is shifting to a bullish trend.
I'll be waiting for a Heiken Ashi doji candle to form before looking for a long position. The Chikou Span can give some indication of how long we might have to wait for a good entry, to me this looks like anywhere from two days to a week for it to clear turbulence in the cloud.
If ETC price breaks above the recent high, a possible edge to edge trade is in play on the Daily with an adaptive MA system:
This gives a possible first target at ~.003 or +45%.
I'll be waiting for a Heiken Ashi doji candle to form before looking for a long position. The Chikou Span can give some indication of how long we might have to wait for a good entry, to me this looks like anywhere from two days to a week for it to clear turbulence in the cloud.
If ETC price breaks above the recent high, a possible edge to edge trade is in play on the Daily with an adaptive MA system:
This gives a possible first target at ~.003 or +45%.
評論:
Nice looking Heiken Ashi Doji forming on MAMA support, sooner than expected:
交易進行:
Buy Signal confirmed. After the Doji candle a good bullish momentum candle is forming:
交易進行:
+15% in profit so far.
Edge to Edge trade in play, expecting price to hit target with high volatility:
Edge to Edge trade in play, expecting price to hit target with high volatility:
交易進行:
Adding 4HR perspective with E2E trade:
交易進行:
Progressing nicely. I recommend placing close orders at target 1 as price typically likes to bounce off of it quickly before retracing and deciding a direction for the next trend.
交易結束：目標達成:
+60% closing some positions. Letting the rest run until Stop Loss is hit
