TradingView
cybernetwork
Feb 4, 2020 9:07 AM

Sold my small ICX holdings at 0.6088 BTC Short

ICON / BitcoinKraken

Description

Set buy orders at 38.2% and 23.6% Fib retrace levels.
Or if Cyber Ensemble flashes a BUY signal again on the 30mins chart.

Comment

Early guess of bearish lower high/low channel after the pump.

Comment

Interactions with the IchiCloud (1min) -- Very short timeframe analysis of price evolution after the pump (aligning analysis timeframe with the rate of the pump).

Comment

Updated possible descending channel forming:

Comment

Updated channel (gradually shifting to looking at slightly higher time frame, 5min chart, as price action evolves after the pump):

Comment

Looking more like this now:

Comment

Comment

Comment

Updated chart + added my PRISM Signals (Momentum/Acceleration/Jerk) indicator.

Comment

Perhaps good time to start considering if to re-enter again.

Comment

However, very thick red ichicloud forming ahead.

Comment

but seem to be about to cross over to green again at the very far end.

Comment

(30 min)

Comment

Bought back in with 50% of previous funds at 0.00005259 BTC

Comment

Stoploss at 0.00005033 BTC

Comment

Bought back in with the rest of original ICX funds at 0.00005363 BTC

Comment

Bull Flag completion?

Comment

Guess on a possible bullish channel (higher highs/lows) now started to form..

Comment

Zoomed out view:

Comment

Stopped out, but considering buying in again at this level if Cyber Ensemble or Prism Signals flashes "buy" and price finds support above 0.00004767 BTC -ish.

Comment

Latest updated evolved trend after initial pump:

Comment

Perhaps, one possibility to consider..
Will wait and see for now to see if these are respected.


.. evolving view ..

Comment

Buy signal triggered on both of my indicators (Cyber Ensemble as well as PRISM Signals)

Comment

Expect price to climb up to 0.00005-ish BTC.

Comment

5min TimeFrame Update:

Comment

Bearish "m" pattern. Will the green support break?

Comment

Comment

Potential Break Up?

Comment

or a fakeout higher before dropping lower to 61.8% level at 0.00003337 BTC?

Comment

Comments
babyvader
Thanks for keeping up the info flow!
cybernetwork
@babyvader, You're welcome! :) Glad that it has benefited you in some way.
I'm still slowly developing my skills atm too, so not trading with any significant amount.
The view is constantly evolving together with the chart -- especially since I'm trying to make prediction base on short timeframes.
The main aim is to optimize my trading signaling scripts (i.e. Cyber Ensemble & PRISM Signals: which flashes "B" to indicate a good point to buy or to long, or "S" to indicate a good point to sell or to short).
babyvader
@cybernetwork, very good! Looking forward seeing this grow.
msslife
Awesome! thank you for your detailed analysis
cybernetwork
@msslife, You're welcome. :)
espenespen
Thank you for your very comprehensive TA. Any updated thoughts on this?
Looca23
I'll take the Binance-Fibs. Kraken has much lower volume and Fibs are completely different. I drawed my 0.618 at 3335 sat and my 0.500 at 3935 sat.
More