Revisiting an old indicator of mine that I am still using till this date. Here, the y-axis is set to log-scale. See chart Also see my most recent analysis and chart updates for BTC:
Zoomed out view of the long-term resistance line. Main Chart BTC needs to break above long-term resistance line @ 10090 USD and find support, before long-term bull market confirmation towards next parabolic run(?). Cyber Ensemble already signaled a buy earlier. However TD is already past a 9, so a sell signal may appear at any moment for a...
DVI = Directional Volume Index (which shows the volume-confirmed trend). Narrowing of DVI stdev Bands + DVI piercing above stdev Bands. Zooming in: Ichicloud turning green again.
@ 78.6% Fib retracement (~0.000179 BTC) Green IchiCloud forming. Higher low set. Inverse head and shoulder formation emerging again (clearer on the 5min chart). Have the sell pressure ended? Buy on confirmation: When AMPL goes above green 50 SMA and holds. --- PRISM Oscillators Set (Momentum/Acceleration Analysis) pRSI STOCHS in an oversold...
Main Chart BTC need to close above this updated dotted yellow trendline to confirm a long. Long-term Resistance (solid white line) up just above ~10000 USD. Lossa bullish W-ing like accumulation patterns. PRISM Oscillator Set Stochs presently oversold (Green Background) Red pRSI (Main-Oscillator) resting back to the baseline. ...
Continued analysis from: Bearish ichicloud that had been acting as resistance have now turned bullish.
BTC looks like it is ready to rebound on the hourly. Confirmed if price breaks out above yellow dotted line. Bullish PRISM Oscillators signals (Daily Chart): Stochs Oversold State S-Osc in the positive. Acceleration heading into positive, expecting to pull momentum up towards the positive. Cyber Ensemble Signals (Daily Chart): Long-term trend...
Bullish w-pattern.. Accumulation phase.. Still support above red 21 EMA. Thick daily green ichicloud. Golden-cross with positive momentum of the 200 SMA confirmation. Will sell if gets rejected by the daily 21 EMA + with the pRSI/Stochs/Momentum/Acceleration/.. states of PRISM Oscillators considered.
Break out above significant long term resistance level. CYBER ENSEMBLE signaled a buy. 50/200 SMA Golden Cross! PRISM Oscillators Set analysis: pRIS bullish cross above its 30 VWMA! Hidden Bullish Divergence Momentum/Acceleration/Jerk/Snap all positive!
Ichicloud still thickly bearish in the 1hrly though. Price now at the 61.8% Fib retrace after retracing ca. 53%. CYBER ENSEMBLE triggered a blue Buy signal. PRISM Oscillators Set Analysis: pRSI Stochs in the oversold state. Bullish divergence in the pRSI, as well as pRSI about to cross bullish above its 30 VWMA. Momentum already in the positive, pulled up...
Speculative prediction: Overall, S&P 500 probably will continue slightly higher or at least hold sideways for awhile (but will likely not go significantly above 3124 to confirm a higher high), before plunging down to below 2186 eventually setting a lower low. See also: Historical comparisons ( 11Mar20 post ): "Markets can remain manipulated by the FEDs,...
Bullish W-pattern forming. Buy signal triggered from CYBER ENSEMBLE. PRISM pRSI-STOCHs looking bullish. Acceleration/Jerk-Ribbon (AJ-Ribbon) of pRSI rapidly increasing into the positive zone, pulling momentum into the positive atm. Snap-Oscillator (the yellow-pink line) also in the positive suggesting that the AJ-Ribbon will continue to rise.
Bull Flag setup Trade. Hidden bullish divergence of the pRSI (main oscillator) of my PRISM Oscillators Set have emerged; with momentum entering the positive -- pulled up by the positive and increasing AJ-Ribbon with Snap lingering in the positive. AB=CD confluent with 161.8% Fib extension level. Also, BUY signal triggered on CYBER ENSEMBLE on the 1hrly...
Been too busy to publish by trade setups lately. Here's one of several trades I'm in right now. Cyber Ensemble BUY signal triggered on the hourly chart. PRISM Oscillators Set Bearish Divergence realised. Hidden Bullish Divergence emerging. pRSI-Stochs oversold state AJ-Ribbon as well as the S-Osc on a sharp upward swing.
Sell signal on CYBER ENSEMBLE {Premium} triggered. PRISM Oscillator's pRSI (main oscillator) entered bearish phase by crossing below its 30 VWMA. Ichicloud reverted back into bearish state. Economy significant impacted by the COVID-19 pandemic lockdown: jobless rates high, businesses going bankrupt, etc. no real sign of recovery yet. Market artificially propped...
BTC pierced above the 8017 USD VPVR resistance with strength and is now supported above the purple 8743 USD VPVR level. Current daily candle need to successfully close above for confirmation. Price is now well above the 200 SMA which will continue to pull the 50 SMA towards a golden cross. Bearish if the price drops back down below 8k USD. PRISM Oscillators Set...
A couple of days up to 2 weeks max of downtrend expected to have commenced. Probable target is perhaps at the thick orange 200 SMA around 78.6% Fib. However if XTZ drops below the 200 SMA and gets rejected, then it suggests a more drawn out bearish phase.
When the red 21 EMA crosses below the green 50 SMA. Will also monitor the PRISM Oscillators Sets at the higher timeframe (i.e. 1D)