cybernetwork

ADA:BTC Bull Flag

Long
cybernetwork Updated   
BINANCE:ADABTC   Cardano / Bitcoin
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.
Comment:
Comment:
Back within channel. Failed break down = Weak Bears = Bullish.
Comment:
Dropped and supported exactly on the orange 200 SMA.
Has a new trend emerged?

Will the price "pop" and "click" back on the previous yellow descending track?
Looks like a bullish "W" pattern is forming.
Comment:
But the W pattern is only confirmed if ADABTC crosses back above the yellow line, setting the bottom boundary of the bull flag pattern's descending channel.
Comment:
The Bull Flag scenario appears invalidated.
But right now I'll just continue to trade by following my CYBER ENSEMBLE signal (guided by PRISM Oscillators) -- since that appears to work very well atm for ADABTC presently on the hourly chart -- until it doesn't.
Trade closed: target reached
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