AT CryptoScan: BTCUSD Daily Buy Signal Observed
Observed that the custom ATIS8 system generates about 40% hit rate, albeit recently triggers significant drawdown, I added another criteria where the rate of change of volume is tracked. This is shown by the Blue dots in the Volume DC5 panel. When the Buy signals are accompanied by the blue (or more stringent yellow) dots, the probabilities are very much higher (denoted by the yellow vertical time lines)
Having said that, yesterday triggered a Buy Signal that qualified with the Volume DC5 blue dot. Technicals are supportive, with MACD and RPM accelerating upwards. Coinciding with a series of bounce off a strong support and then a trend line (triangle) break out.
Ideal entry based on candlestick (Bullish Engulfing) pattern was on 21 July at about 32K price point. Heads up given in previous linked post.
System triggered at 32K yesterday 27 July.
Upside target of 52K.
Having said that, yesterday triggered a Buy Signal that qualified with the Volume DC5 blue dot. Technicals are supportive, with MACD and RPM accelerating upwards. Coinciding with a series of bounce off a strong support and then a trend line (triangle) break out.
Ideal entry based on candlestick (Bullish Engulfing) pattern was on 21 July at about 32K price point. Heads up given in previous linked post.
System triggered at 32K yesterday 27 July.
Upside target of 52K.
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