Waiting for Fusiongaps {50/15} histogram to return to green.Waiting for Fusiongaps {50/15} histogram to return to green on the monthly, as an indication that the worse of the bear market is truly over.
The FG{50/15} histogram had never been in the negative since 2015 where this indicator can be computed on the BITSTAMP BTC chart. Plunging into the negative would indicate a severe and unprecedented bearish change in long-term market structure.
Fusiongaps
FSN / BTC Looks Bullish - 50/100 SMA Cross on 4H and 1D Charts!FSN / BTC Looks Bullish - 50/100 SMA Cross on 4H and 1D Charts!
There are few bullish signals on FSN / BTC , some of them are:
- Bullish Pennant is forming on 4H/1D chart
- 50 & 100 SMA just crossed both on 4H & 1D charts!
Targets: 1900, 2100, 2400, 2600 sats
Remember about SL!
SPX normalised XBT chart.BTC is still presently being treated as a risk asset.
IMO, only when the need arises globally (i.e. significant or even hyper-inflation), could it then potentially decouple (i.e. think Venezuela), and be treated more as a safe-haven.
This chart shows the Bitcoin (XBT) chart normalized by the S&P 500 index (SPX).
A 50/200 SMA golden cross have only just emerged on the 1Mar2020.
Will continually monitor this chart can update this publication periodically. :)
See also my recent analysis on the S&P 500 chart:
On the 1D chart, we technically have already entered (at the very least) a mini-recession. Will this transform into a full-blown recession or even a depression? Whether the weekly 200 SMA will hold will tell.
Fundamentally, the bubble have already gotten wayyy too big -- Obama, instead of fixing the underlying problem, allowed the issue to continue by bailing out the broken banking system (taking tax payer's money to feed the welfare system for the big corporations and the mega wealthy -- where the CEOs and corporate executives had continued to shamelessly pay themselves massive bonuses and pay-cheques after collapsing the economy, while cutting jobs and pay for the middle class staffs; and after that, Trump continue to feed the bubble into the monstrosity it is today (with debt that needs to be paid back sooner or later).
Trumps's answer to the crazy US debt? "Easy we can just print more money".
Long-term, I remain cautiously bullish on Bitcoin. :)
BTCUSD predictions using FUSIONGAPS and PRISM oscillatorsPlease see text in the chart.
Short-term looking bullish (over the weekend); but more likely to continue to trade relatively sideways through December with a slight bearish bias -- overall range-bounded between the two white solid lines .
Long-term still remains bearish (with possibility of falling all the way down to 5200 USD); unless BTC is able to break above 10k USD and hold.
Speculative Long-term BTC:USD trajectory and ATHBTC:USD to reach 11k-12k USD, then gradual decline down to 8k USD again around 02Mar20 to inflict more pain on the bulls and eliminating more weak-hands, before going relatively sideways until 13Jul20, then a fakeout to, 11.8k USD around 11Jan21 before crashing below 9.9k USD before the next actual parabolic rise commences around Mar21 eventually hiting a new all-time-high at ~120kUSD.
Base on my earlier speculative post:
See also shorter term prediction:
BTC effortlessly broke through multiple levels of resistance!Demonstrating significant hidden strength in this market! :)
Here are my latest Bullish/Bearish scenarios; and will continue to monitor PRISM and FUSIONGAPS indicators, as well as the CYBER ENSEMBLE buy/sell signaling indicator (all of these are free-to-use), before making a decision on the next possible move.
As usual, this post will be updated with the latest chart and analysis until market structure shifts.
BTCUSD broke support. 7200-7300USD next?BTC failed to pierce through the resistance at 8700USD and turns it into support; but got rejected instead -- showing persistent market weakness.
Previous attempt at a short-term bullish trade did not execute.
Now, BTC have broken through support at 8031USD, with clear sign that it has turned into resistance.
Coupled with the strong bearish signs from my PRISM and FUSIONGAPS oscillators, and low volatility from my RCVI (relative volatility index) this signals that BTC will very likely plunge down to the 162% level at 7200-7300USD as suggested on my Sep 25 chart.
The bearish Ichimoku cloud is thickening ahead, and my Cyber Ensemble {Cy.ESM} buy/sell signaling algorithm (which seems to work well historically for BTC) is signaling sell as well.
Of course, sensible stop-limit for shorts need to be set. Base on my Volatility Stop Limit Selector (derived from my RCVI/RCDI indicator), possible shorting level at 7812 USD, and stop-limit of shorts trade at 8211 USD (depending on risk-reward preference).
Volatility Stop Limit Selector {VSLS}
(0x) ZRX:BTC next move predictionExpecting ZRX to retrace back downt to the 61.8% level, then continuation upward? Will need to continue to monitor the various indicators, especially my momentum/acceleration/jerk {MAJ} oscillators.
Analysis performed using some of the indicators and signaling algorithms I have developed.
Cyber Ensemble (Bullish/Bearish Signaling script)
PRISM (PSAR-derived Oscillator and its RSI/Stochs + Momentum/Acceleration/Jerk oscillators)
FUSIONGAPS {50/15-series} (Local Bull/Bear-market phase indicator)
BTCUSD: Will 8684USD resistance turn into supporting launchpad? Speculatively speaking, I'm biased towards BTC moving higher.
TA wise, I will want to see it break through the 8684USD resistance first, and show that it finds support over the next candle or two before making an entry with suitable stop-loss set.
Related post: (Oct 8) BTCUSD short-term bullish
I typically use the following two indicators to help pick suitable stop-limit ranges. Settings are available to activate different levels of tightness, depending on the risk aversion as well as risk factor of the market at a given time.
Fast AEONDRIFT {with Stop-Limit Range} (Standard Deviation based)
and
Volatility Stop-Limit Selector
BTCUSD low timeframe analysis.Bitcoin ready to fall lower in the short term, after a bit more sideway movements?
The PRISM oscillators look slightly bullish though, with the momentum in the positive, however, the acceleration/jerk ribbon looks to be losing strength.
PRISM
Relative Candle Volatility & Directionality Index (RCVI/RCDI)
CYBER ENSEMBLE
FUSIONGAPS V4 {50/15-Series} (Local Bullish/Bearish-Phase indicator)
More downside to come for BTCUSD.PRISM Momentum significant in the -ve.
PRISM Acceleration/Jerk ribbon looks to be heading up, so we might see a minor bounce possibly back to 8950 USD, before getting rejected down to the 161.8% retracement level at 7295 USD.
The recent dump was anticipated in my earlier chart analysis:
22Sept19
BTCUSD: BTC may drop below 10kUSD again, before bouncing.Presently BTC remains within what I consider a no-trading zone.
In my view, BTC may drop below 10kUSD again, to around 9400USD, before bouncing back up to 10200 USD level.
If BTC does drop below 10k USD again, will look at the PRISM momentum oscillators again at lower time scales + IchiCloud, before deciding if I should cost-average in to accumulate more BTC at below 10kUSD, or if there's a chance it may finally drop even lower down to 8200-8400 USD.
See Aug30 Chart:
BTCUSD: Sell Signals triggered on the 1D chart.
PRISM (Red/Green) -- Just triggered
Cyber Ensemble (Purple/Blue) -- 2 days ago.
FG-Divergence (White/Gray)
LIVIDITIUM V4 -- Dynamic conjugated Golden Ratios Levels + MA-lines and built in pivot/reversal/bull/bear signals.
BTCUSD fails to hold above previous middle support at ~10.2kUSD, and now retesting it (as well as the 50 EMA) as resistance.
Price will likely come down to 9320USD or perhaps 9600USD (100 D EMA) -- where BTC found support on 2Apr19, before shooting right up from 4.1kUSD to ~4.9kUSD, kickstarting the bull market.
See:
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
ADAUSD: Possible Trade Ahead..Entering trade if breakout above resistance level strongly, or show signs of finding resistance level as support (see details in the chart).
Price have already broken cleanly out of the descending channel.
The FG-Divergence "buy" signal triggered, hinting that we are entering a bullish phase.
Need to wait for the "buy" signal from PRISM Signals to trigger as well.
The 3 Buy/Sell suggestion indicators used,
Namely:
PRISM Signals
FG-DIVERGENCE
CYBER ENSEMBLE
are detailed here:
BTC looks like it want to head to the 11470 USD level (1D Chart)To retest the upper resistance level.
Will it be able to break through and find support?
Longer term trend still looking somewhat bearish. However the longer BTC stays within the upper half of the descending triangle, the oscillators will gradually evolve towards looking more positive on the longer term as well.
Quick guide on three buy/sell position suggestion scripts.+ Cyber Ensemble Buy/Sell positions signaling is derived from an optimized scoring of a large number of conventional indicators. (Blue/Purple plus Background HeatMap)
+ FG-Divergence is based on my own modified version a MACD style oscillator, with its own accompanying Momentum and Acceleration oscillator. (Light Green/Red)
+ PRISM Signals is based on PRISM, a pSAR derived oscillator coupled with its Momentum/Acceleration/Jerk Oscillator as well as pSAR based RSI and StochRSI. (Bright Green/Red)
—
For best results, users can tweak the parameters and enable/disable specific tests and scoring Thresholds for a specific chart and timeframe, and checking how well they perform wrt historical trends. Timeframe specific presets will be added in the future when I have more time. Please do feel free to play around with the parameters and share them. If they are good, they may be added as a preset in future updates with you credited. These scripts are freshly made, and for now, my focus is to slowly refactor and improve on the code, and tidying up the ordering of the inputs to make them easier for users to navigate and understand what each of them do. In the future, once things are sufficiently improved, I aim to include alert features and release a proper “strategy version” as well, and I may post up a clearer user guide for each one of them.
Comparison of PRISM and FG-DIVERGENCE generated Buy/Sell SignalsPRISM Signals (Lime/Red)
Buy/Sell signals based on filtered pSAR-based Monemtum/Acceleration/Jerk oscillator.
[ p.Doji ] marks points of market-indecisiveness, and where typically, significant volatility and movement is about to occur ahead.
FG-DIVERGENCE V4 {50/15-Series} (Light-Blue/Orange)
Buy/Sell signals based on Momentum/Acceleration hybridized FUSIONGAPS oscillator.
Seems to have a high hit-rate for local tops and bottoms at different time-frames.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
The above are based on the following two respective Indicators
PRISM Signals
FG-DIVERGENCE V4 {50/15-Series}
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Related Indicators
PRISM {PSAR+RSI/STOCH/MAJ Oscillator Set}
FUSIONGAPS V4 {50/15-Series}
FG-DIVERGENCE V4 {50/15-Series}
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
[Quick Guide] PRISM Signals & PDF indicators.
The PRISM Signals appears to work well especially at lower time-frames (even down to 5 min candles).
The key is to maximizing true-positives is to carefully optimize the input parameters and scoring weights and detection thresholds for a specific given chart and timeframe.
See also the 5 mins chart:
Also shown here is the PDF script, which provides: dynamic Fib levels, pSAR indicator, as well as 2 levels standard deviation bands (disabled here).
The thickest green/red limes are the local-top/bottom lines. Adjust the Fib Input Range accordingly to ensure that the local highs/lows are accurately captured.
The 61.8% levels are the thicker blue lines, and the purple lines are additional levels derived base on the mathematical conjugation between Fib levels.
Again, it is highly recommended to carefully check/optimize the input parameters for a given chart/timeframe against historical trends before proceeding to use it.
This script also provides consecutive higher/lower-highs/lows detection, which is disabled here.
Various features of these scripts can be manually Enabled/Disabled by the users to keep the chart neat.
Even though these scripts are constructed from a set of indicators, it is still highly advised to be used in conjunction with other analysis such as: trendlines, volume, and other indicators, etc., as well as analyzing and comparing with higher/lower timeframes, to help filter out or identify possible risk of false-positives to maximize your success rate.
==========================================================
Indicators used:
PRISM Signals (Color and Stdev bands disabled here) -- Algorithm to generate scoring-based bullish/bearish signals derived from the PRISM oscillators set.
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels} -- Parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level.
Ichimoku Cloud {Cybernetwork} -- Ichimoku Cloud with modified parameters.
Related Indicator:
PRISM Oscillator -- pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators
==========================================================
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
Bull/Bear Scenarios and conditions.PRISM's pSAR-based RSI looks to be reset on the 3hr timescale, but not yet on the 1D timescale, hint that there is still a bit more downside to go.
BTC expected to fall to 9176 USD support in the short term.
If it finds strong support there, will expect it to bounce back to 10788 USD (61.8% on the PDF dynamic Fib-level, hidden here) and at also where the top resistance trendline is.
However, if it falls below support (expected to be ~8991 USD) and rebounds to retest support-turned-resistance at 9176 USD, then expect BTC to likely drop all the way down to 8220 USD.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
See earlier related BTCUSD analysis:
Combination of Bearish BTCUSD signals emerged. 9550USD next?
BTC to 8350 USD (200ema), if fail to hold @ 9400 USD (100ema)
www.tradingview.com