BTC still have more room to grow according to the Lividitium (LVDT) channel. Base on the prior bull-market cycle trend, BTC appears to may have now entered the final parabolic-phase of the cycle(?) -- if the historical trend is to rhyme with this cycle . To note, in 2013 (see chart snapshot below), BTC had reached a first ATH (signaling an orange major-SELL!...
Follow-up analysis from: H&S bearish view overturned.
Minor Top signals triggered. Some similarity of this parabolic bull run with the 2013-2014 parabolic climb. A significant correction back to the thick-lime 200 SMA line is plausible (followed by months of consolidation) -- which will be a lot healthier than a continued parabolic pump w/o a sufficient consolidation. Daily Ichicloud still appearing bullish: ...
Potential of breaking down if 50 SMA fails to hold.
Good to go! See also my previous longer-term analysis. BTC (vs. USD) long-term structural analysis. BTC vs. USD confirmed support above long-term trendline. Inverse Head and Shoulder superimposed over an upward trend.. Bitcoin (BTC:USD) AB=CD eventual long-term target BTC been correlating with Gold more than SPX over past weeks!
Pseudo inverse head in shoulder (re-accumulation like pattern). AUD has broken out above the top descending trendline. Buy signal already triggered. Significant move higher if price manages to break above the 38.2% Fib level and retests it and successfully holds. Measured move target to 0.084 SGD, which sets a higher high, establishing a longer-term...
Just a quick thing to note. Presently the treat of government shutdown in the US and the looming election is creating uncertainty in the market, leading to mass liquidation back into USD -- as irrational as that may be considering the present debasement of the USD (and of other currencies around the world, including the Yuan, and the Pound, etc). See previous...
BTC looks like it is presently being rejected by the 11.1k USD VPVR resistance level. SIDEWAYS TREND CASE: (Altcoins bullish) However, it has managed to find support above the 200 SMA on the 3 hrly. There's a chance for it to be trapped between being supported by the 200 SMA (or the green rising/thickening Ichicloud) with the 11.1lk USD resistance, going...
BTC retested the white long-term trendline and confirmed support, which is a very bullish sign. Note that the daily TD-seq is approaching a 9 though. Expecting a short term (probably minor) reversal to retest the 10429 USD VPVR line. Green Ichicloud supporting "cushion" ascending higher and appears to be in the process of broadening. PRISM had registered a...
BNB had seen a pump after a short period of re-accumulation -- where the green w-like pattering is marked (bought earlier at breakout back over the red 21 EMA). Cyber Ensemble SELL signal has now been triggered. PRISM oscillators looking bearish in the short term as well -- overbought (red background), and with the AJ-Ribbon falling with widening gab between the...
Self explanatory from the trend likes drawn in the chart. PRISM suggests a bearish bias in the immediate term, bearish if falls below the support line as drawn. Long-term still looking bearish until it makes a higher high. Just sharing one of the charts that I am monitoring atm.
Orange 200 SMA sloping negative. Thick bearish Ichicloud. Appears to be rejected by 10429 USD VPVR level. Bullish slant if red 21 EMA continues to hold it up. TD approaching a 9, another bearish sign (flipping between a green 9 and a red 1 during posting) . Continue to be supported above the white long-term trendline. Will be really bad for the bulls...
TD signals a 9, presently resting on Ichicloud. Need to bounce above green 50 SMA to confirm bullish. Bearish if it falls further below the green Ichicloud, which it it will then likely drop further down to retest the orange 200 SMA line. PRISM Oscillators Green background = Oversold AJ-Ribbon now curving up. Continued analysis from:
Head and shoulders registered. Measured move down to 78.6% Fib (about where thick orange daily 200 SMA line is at -- Note that this chart is the 3hrly , showing excellent confluence between my Cyber Ensemble Buy/Sell signaling algo at this timeframe for this chart). Not necessary if it will be fulfilled, but will start cost-averaging if it hits about 61.8%...
KUSAMA (KSM:BTC) broke back up above 200 SMA on the 30 mins after period of continued rejection.. Kusama was originally planned as a testnet for Polkadot, but from what I am hearing so far, it could become its own independent chain in its own right (at the same time as functioning as a test net for Polkadot too) -- where certain projects (that were not...
More downside to come for BTC in the short-term. Perhaps relative sideways. BTC remains below thick orange 200 SMA, and continue to be rejected by the green 50 SMA. 50/200 SMA deathcross registered not too long ago. Rejected by bearish Ichicloud that appears to still be thickening. For the bulls, will need to wait for: For price to first head back above...
Bullish w-like re-accumulation patterns.. PRISM Oscillators Analysis Stoch-of-pRSI in Oversold state atm Snap-Oscillator pierced into the positive and heading higher. AJ-ribbon (acceleration/jerk) heading up (in response to the positive Snap-osc), which in turn is pulling the momentum up.. Continuation from my previous analysis awhile back:
Short-term minor retracement likely before continuation. See my previous posting ( inverse head & shoulders target ): Loads of bullish accumulation price behavior leading up.. PRISM Oscillators Analysis (see chart below): Stochs(pRSI) in overbought state. Snap osc in the negative (pink), which is pulling Acceleration/Jerk ribbon down, which will...