BURSTBTC - Daily Edge 2 Edge MA Swing Trade - Cloud Reading

Burst is approaching daily E2E territory for a +50% swing trade. Daily StochRSI is correlating well for a high momentum move into the cloud and to the FAMA green edge. I will be entering positions on a good 4HR Heiken Ashi momentum move into/towards the MA cloud.

Ichimoku Cloud Reading:

BURST appears to be gearing up for a 4H Kumo breakout, which is correlating with a C-Clamp trade on the Daily. Price has been ranging on the daily and appears to be making a move above the Tenkan-Sen. When price does this it statistically moves to touch the Kijun, which also correlates to the 50% fib.

If price closes above the Kijun and into the cloud, we have a potential Edge to Edge trade for an additional +50% I have marked on the daily.

4H Ichimoku Cloud:

Daily Ichimoku Cloud:

Transaction en cours:

Opening up positions on the good looking 4H momentum candles into the MA cloud.

Transaction en cours:

+15% so far. Price Progressing through MA cloud as expected.

Trade fermée manuellement:

+10% Closing positions while BTC is making new highs.

Commentaire:

I will revisit opening positions based on the next 4H momentum candle since price is forming a white doji.

Transaction en cours:

Opening up positions based on 4H price action.

Transaction en cours:

Still holding while BTC is making new gains. TK cross above the cloud is very bullish, and price is ranging around the 4H Kijun / 50% Fib.

Trade fermée manuellement:

-10%. Closed positions for a total break even trade. Will revisit once BTC finishes making new gains.

Transaction en cours:

Opening up positions on the white doji created on the 4H chart.

Transaction en cours:

Holding and waiting. Price is ranging around the green FAMA edge.

Transaction en cours:

Updated with new E2E target from daily MA cloud.

Transaction en cours:

Price is making its way towards target. I have updated the arrows to the new value from the daily FAMA edge.

Transaction en cours:

+40% some propositions were auto closed when price hit target.

I have additional positions left open for the potential of another larger e2e trade on the ichimoku daily cloud that could bring a potential +%105.

Transaction en cours:

New targets for ichimoku cloud e2e trade:

Transaction en cours:

Price update, progressing towards target. Currently some positions are +70% from trade 1 openings.

Transaction en cours:

Ichimoku cloud view of the daily edge 2 edge play.

Transaction en cours:

Updated Daily Ichimoku Cloud view. Positions currently at +80%.

Transaction en cours:

+145% and counting. En route to target around +190%.

Transaction en cours:

+170% a few positions closed to lock in profit on the break of the Ichimoku daily cloud. Price action is indicating a move towards the +190% target and beyond. Will revisit new targets after price develops.

Trade fermée: cible de profit atteinte:

+190%. Taking more profit at target level and letting the rest run on a trailing stop. I'm expecting price to retrace back to the flat daily kumo where I will look at opening up more positions.