Short the Moving average + ichimoku.When I just opened the chart I saw a rapid decline from the Kijun-Sen and moving averages towards the bottom of the cloud. I expect price to move all the way to previous range low and put stop right above that range where the Kijun-Sen confluences with that line. Once I master this form of charting Ill start educating, my goal right now is to become a profitable trader first and not be a clown guru who does not even make money himself.
Kijunbounce
GO/BTC great buy opportunityKijun Bounce Trade here Very bullish still lots of big news comign from the project!
BAT/BTC - Kumo Breakout off a Kijun BounceBAT bounce off the kijun and just broke out of the kumo.
I am entering a long as soon as we have a clear break as my alert is above the kumo we also had a long on our cryptorhythms indicator too for more confirmation.
Looking for 2.4R-3.2R on this trade.
Trade, Chart, Learn, Repeat
Coach K
@coachkcrypto
IOST/BTC - Eye the Kijun BounceIOST has dropped right back to the Kijun at the bottom of the cloud and could bounce here.
I have set an alert at 70 sats which is a level where the Chikou will push above the Kijun.
Keep your eyes on this for a potential move.
Trade, Chart, Learn, Repeat
Coach K
RCN/BTC - Kijun bounce1D Kumo breakout happened, 4hr retrace secondary movement.
4hr kijun bounce trade likely coming and up we go over 600 sats on the next leg up!
Keep eyes on RCN one of the alts that is currently bullish!
Chart, Trade, Learn, Repeat!
Coach K
twitter: @coachkcrypto
YOYO/BTC Breaking Out?YOYO/BTC 4hr chart is showing a breakout here. Momentum is gaining as well.
There is low volume and you should wait to see it close above Kijun Sen before entering to make sure it does not act as resistance on the 4hr.
The Daily Kijun - red line - seems to be acting as a strong support as the 4hr has tapped it at least 5 times.
If this next 4hr closes and confirms a break above the kijun I would be looking for:
1. 175
2. 182
3. 189
These would be my targets and stop loss below the daily kijun at 156.
Learn with me and follow on Twitter: @coachkcrypto
Happy Trading,
Coach K
PS: Reminder wait for the 4hr to close above Kijun to enter this trade.
Kijun Bounce - Matic/BTC -1D If you look at Matic for the last few days on the 16th of October, the 18th of October and now again the 21st of October we see a Kijun Bounce trade.
Each time we have seen this result in a 5% move and currently this one has momentum and volume behind it. If you check the 4hr using Multiple Time Frame Analysis you will see it has already started to make a move.
I would set targets at:
1. 181
2. 188
3. 210 - 1-2 weeks
Stop loss: 169 keeping it tight or if you want to play it a little loose stop just below the Kijun at 164.
This trade still has a daily Edge to Edge possibility and recently had a Bullish Kumo Twist.
Goodluck everyone!
Follow me on Twitter at: @coachkcrypto
Coach K
XAUUSD - GOLD LOOKS LIKE SHE COULD GO!!Gold is looking good on the daily, we also have the negative yield curve here to stay and many will look for a new way to store their value 17trillion reasons to put some of their wealth into gold.
It also has a nice kijun bounce forming on the daily and it also coincides with the top of the Kumo.
Keep your eyes on gold it has not bounced yet but it could have a move starting today!
Chart, Educate, Learn, Repeat
Twitter: coachkcrypto
Leave a comment :)
Coach K
SC/BTC Cup and Handle on Daily While doing my weekly scan of cryptos this monday I saw that SC seemed to have a beautiful Cup and a Handle is forming atm.
The handle would be nicely complete by hitting the Kijun Sen at 23 sats and all factos point to this moving higher.
1. We see Chikou is perfectly set up, We had a bullish TK cross at 19 sats and the trade even though in the cloud looks like it will potentially complete and Edge to Edge proceeded by a Kumo Breakout on HTF being the Daily so good probabilities.
SC is just above its all time low and this could be the trend change if we see the Kumo Breakout on the daily.
I would not be greedy with this one.
I am taking profit:
1. 28 sats - 35%
2. 31 sats - 35%
3. 37 sats - 20%
4. 40 sats - 10%
My stop loss will be at 21 sats.
This setup is nice, but wait for the Kijun Bounce to give us the confluence we are looking for here.
Twitter: @coachkcrypto
Manage Risk, Educate, Learn, Repeat.
Coach K
GAS/BTC - Edge to Edge Activated. 5R Trade - 1D ChartWe have all the signs of GAS about to increase!
Volume increasing for the last 5 days, About to have a Bullish TK cross in the future based on the plotting, Bullish Candle with Volume yesterday and Chikou is bullish
This is a huge 5R trade as with what we are seeing with many alts
You can also call this a Kijun Bounce leading into the E2E so I am super bullish on this one!
Waiting on TK cross to enter!
Follow me on Twitter: @coachkcrypto
Comment below and like and if you take the trade and win goodluck!
Potential 7R trade setup on the Daily - AST/BTC - Binance 1DWe have seen an edge to edge trade open up, we had the dump and it tapped the kijun and has started its ascent.
This trade is a 7R setup so very good R.
I would like to see the momenutum hook up more and I will enter if the daily shows a strong bullish engulfing candle.
Look for Chikou to cross up the Kijun as well as an indicator to potentially get into this trade its what I will be looking for.
Coach K
Twtitter: @coachkcrypto