On the daily and on the 3 hrly as well. There is a significant chance for a retracement to retest at least the red 21 EMA (also where the gray DVI line on the 3hrly is at) at about 0.0013 BTC. More short-term bearish movement expected if this red 21 EMA on the 3 hrly that have been acting as support during the recent short-term bull run since 2nd Aug failed to...
But yet is it safe to hold Fiat in a backdrop of infinite QE? TD approaching a 9 on the weekly.. Expecting a re-retest of the red 21 EMA or even down to the green 50 SMA, coinciding with the Ichicloud range. STOCH(pRSI) on the PRISM oscillator beenin an overbought state. Cyber Ensemble may trigger a sell in a mth or two..
Asymmetric inverse head and shoulder pattern: due to the pattern being super-imposed over a significantly upward moving baseline trend, propelled by inflation fueled by the global money printing? Another point/consideration to add to the bullish narrative. SEE ALSO: BTC:USD -- Acceleration gaining, pulling up Momentum. Determining if we are in a...
Previous crypto bull cycles have seen BTC rallying first, leaving alts in the dust until it have first reached its ATH. Alts during those previous bull phases exists predominantly as unrealized whitepapers, and BTC clones, and low quality projects, etc. and are considered as much higher risk investments. Further, buying alts -- i.e. finding good exchanges that...
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...
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. ...
BTC.D have fallen below the white dotted support line -- continue to get rejected by the red 21 EMA, and remaining under the green 50 SMA and orange 200 SMA. PRISM Oscillator signals (red background) Stochs oversold, with (lime/orange) acceleration/jerk (AJ) ribbon plunging into the negative with snap-oscillator (yellow/pink) getting rejected by the 0 line and...
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.