cryptotaku

XLM 1D looking bullish

cryptotaku Updated   
BINANCE:XLMUSD   Stellar
* Bullish TK Cross and Kumo Future
* PA currently fighting Senkou B res—possible bullish Kumo Breakout if successful
* Can wait on confirmation of bullish HA signal candle per TrendMaster
* Risky entry noted above it on ATR (green)
Comment:
Using regular candles,

* Bullish 10-20 MA Cross
* Possible Kumo Breakout on Chikou as well
* PA showing range/consolidation per C Clamp pattern of Tenkan and Kijun
Comment:
Short term PA targets if bullish bias,
Comment:
Using Renko, check out the SR levels

Testing out IchimokuScholar's Renko B&S indicator too. Works on 1D and longer. For HA, weekly TF
Comment:
PA and Chikou looking for support. Former, from prev res trendline turned support. The latter, from Senkou B (bottom of previous green Kumo).

A breakdown will cause Chikou to look for support from previous Chikou bounce (noted). Else, we go to the test Senkou A (top of the green Kumo) for Chikou... and eventually—a possible Kumo Breakout for it.

In turn, full on bullish Ichimoku with all those indicators showing bullishness respectively.

Comment:
^ Please note C Clamp pattern (Tenkan and Kijun are flat, as well as Kumo Future which turns to a magnet... most likely bringing price towards equilibrium.

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