BTCUSD (1D): Breakout above descending channel?

Continued analysis from:

BTCUSD predictions using FUSIONGAPS and PRISM oscillators

Note

Short (1D) time-frame.

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.

Note

Sell signal triggered on Cyber Ensemble as well on 1hr chart:

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.

Note

Will consider a significantly larger long entry at ~ 8550 USD

Note

Stop loss at 8150 USD

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.

cybernetwork