Short Term Bullish Thesis
-Anticipating upcoming bullish TK cross
-Price has closed/held within cloud
-Price has held at Kijun
-Volume is better than last week
-One week straight of higher lows
Known Risks/Bearish Counter-Thesis
-Altcoin/Bittrex (low liquidity)
-No bullish Kumo Twist
-Bullish TK cross may not happen
Laddered Entry Range*
0.00003988 - 0.00003896
*To optimize R/R, position size should scale higher with better (lower) entries
Stop Loss Placement
-Generously below Tenken
-Below last 3 days of wicks
-At the point where the the higher lows trend would be invalidated
-Significantly below the bearish kumo cloud