MarcinWenus

MarcinWenus

Very insteresting situation on PesetaCoin. It was in bearish trend from around 2 months, loosing over 50% of its value. For all this time price was below Ichimoku Cloud. Yesterday we had stron breakout with very high volume. Such stron volume in past, was able to bring even 100% gain in 1 4-hour candle. Situation is very interesting and worth thinking.

MarcinWenus

Firstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line). Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish...

MarcinWenus

Firstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line). Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish...