Long

BTC:USD -- Acceleration gaining, pulling up Momentum.

By cybernetwork

Updated

Chart Analysis

Clear support on the 61.8% Fib-retrace level maintained.
Waiting for a Buy signal from Cyber Ensemble script.

PRISM Analysis

pRSI's Stoch now close to oversold state.
Acceleration/Jerk-Ribbon reversing up, as the Snap-Oscillator pierces back into the positive; while will pull Momentum up again.

Updated evolving analysis leading up to the current chart.

BTC needs to break above long-term resistance line @ 10090 USD..

Evidence that we are presently in a bull market phase.

Determining if we are in a Bull/Bear market with FUSUONGAPS V4

Note

Note: The white line is the superimposed DVI line from my public access DVI Band script.

The line is basically the DVI (Directional Volume Index) added onto the 50 candles (default) ema. And the two thin blue bands above and below it are simply the 95% confidence interval lines.

Note

Mid-term:
pRSI-stoch overbought though.
Either an eventual further correction down to 10.5k USD or even down to 9622 USD; or going sideways for awhile.

Note

.. before continuation upwards, eventually to 14kUSD ..

Note

Price a bit overextended on the Cyber Channels:

Note

However:

Note

cybernetwork

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