Kumo breakout on BTCUSDT daily
This is not the cleanest Kumo-break you can get as not everything says bullish. For example the Tenkan-sen is below Kijun-sen and laggign span has a high chance on finding resistance in next couple days when touching previous bullish move. I would not allocate alot of capital to this trade as it is not a perfect kumo break. However it will probably have it's impact on BTC as ichimoku traders entered the market here.
According to hosoda wave theory N-target would be 48241. This is the point where the N-wave completes.
Move stop with Kijun and keep trailing it below Kijun in the coming days.
I would also advice to take some profits at past fractal level: 45421
According to hosoda wave theory N-target would be 48241. This is the point where the N-wave completes.
Move stop with Kijun and keep trailing it below Kijun in the coming days.
I would also advice to take some profits at past fractal level: 45421
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