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Bitcoin
Long
Updated

BTCUSD (1D): Breakout above descending channel?

250
Continued analysis from:
BTCUSD predictions using FUSIONGAPS and PRISM oscillators
Note
Short (1D) time-frame.

snapshot
Note
Typo: (3D) not (1D) ^^
Note
Typo: Meant (3hr) not (1D) ^^^^ XD
Note
(1hr) chart with PRISM Signals and Cyber Ensemble.
PRISM Signals (base on pSAR/Momentum/Acceleration/Jerk oscillators) sell signal triggered. Waiting for price to return back down to ~8250 USD for a possible buy.

snapshot
Note
Sell signal triggered on Cyber Ensemble as well on 1hr chart:
snapshot
Note
Looks like BTC has more strength than expected. It has now broken above the VPVR level and found support over it. Entered a small long.

snapshot
Note
Will consider a significantly larger long entry at ~ 8550 USD
Note
Stop loss at 8150 USD
cybernetwork
accelerationBitcoin (Cryptocurrency)cryptoCryptocurrencycyberensemblelividitiumOscillatorsprismSupport and ResistanceTrend Lines

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
accelerationBitcoin (Cryptocurrency)cryptoCryptocurrencycyberensemblelividitiumOscillatorsprismSupport and ResistanceTrend Lines
cybernetwork

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.