SC/BTC Cup and Handle on Daily

2019年10月21日

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

2019年10月21日

ノート

Also forgot to add once you hit the targets move stop up into profit so the winners keep on winning

2019年10月22日

トレード稼働中

Tapped the Kijun trade is open