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)
DAILY CHART Weekly chart: 3hourly chart look. More upside to go; to retest 200 SMA Expected S&P 500 to retest 200 SMA and fail on the daily, according to my previous 22Mar20 post . QUOTE: " Easter 11 Apr 2020 update and re-look at the SPX chart " Continue from previous chain of analysis: Historical comparisons ( 11Mar20 post ):
Now, waiting for CYBER ENSEMBLE {PREMIUM} to register a Buy signal, and PRISM Oscillators Set to revert back into a bullish phase again. Expecting retrace back down to 61.8 % Fib level (i.e. 0.00000561 BTC) first. Then bull flag target @ 1.618 % Fib level (i.e. 0.00000625 BTC); which is also precisely the measured move of the bull flag as drawn.
Previous analysis before the traditional market crash:
AB = CD confluence with 127.2% Fib level. Been accumulating BTC trading XTZ:BTC on the 1min chart as posted here . Entered all my XTZ trading pool back in here when BTC shows strength, above resistance turned support line. See BTC Chart:
Resistance turned support. I am short term bullish biased now. Longer-term bullish if it is able to pierce above the purple VPVR level and break out above the yellow ascending channel and finds support above.
Here's a quick HOT:BNB analysis that I've done for a subscriber to one of my script. Publishing this just to put it out there. CYBER ENSEMBLE seem to have good confluence on the 4hrly. Red/Green = PRISM Signals (Free to use for now -- momentum/acceleration based signals) Blue/Orange = Cyber Ensemble (Technical Signals) ==== Its stuck below 21 EMA on the...
Bullish Scenario playing out in my Apr 06 post in my previous on-going analysis updates . Note: as explained in a prior published idea, the current ascending channel is drawn as such base on my personal trading preference to ignore the initial equilibration “ringing” after a massive sudden move. I believe it tends to be wise to wait awhile before a clear...
See also latest traditional market (SPX) normalised Bitcoin (XBT) Chart
on the 6 hrly timeframe with CYBER ENSEMBLE {Premium} buy/sell indicator. Continued from:
But the CYBER ENSEMBLE indicator still works the best on the 3hrly for BTC (or 2/4 hrs depending on market phases -- just do a comparative back-test for maximum confluence of recent price actions/trends ); where the more erratic price movements during low liquidity phases tends to be averaged/smoothened out. See: However, it is sometimes useful to go down...
If BTC can pierce above the orange 200 SMA on the 3 hrly @ 6580 USD, then I am all in with the rest of the USDT from BTC that I had previously cost-average sold off at ca. 9636 USD when the price dipped below the orange 200 SMA. Stop loss earlier triggered and sold off almost 30% of my small BTC trading account holdings. :( Bought back in immediately when BTC...