BTC:USD to reach 11k-12k USD, then gradual decline down to 8k USD again around 02Mar20 to inflict more pain on the bulls and eliminating more weak-hands, before going relatively sideways until 13Jul20, then a fakeout to, 11.8k USD around 11Jan21 before crashing below 9.9k USD before the next actual parabolic rise commences around Mar21 eventually hiting a new...
Just playing around with a crazy wild assumption of past patterns repeating themselves. :P
Presently BTC remains within what I consider a no-trading zone. In my view, BTC may drop below 10kUSD again, to around 9400USD, before bouncing back up to 10200 USD level. If BTC does drop below 10k USD again, will look at the PRISM momentum oscillators again at lower time scales + IchiCloud, before deciding if I should cost-average in to accumulate more BTC at...
Provided that LTC holds and finds support over 0.0065 BTC on the next 1D candle.
Entering trade if breakout above resistance level strongly, or show signs of finding resistance level as support (see details in the chart). Price have already broken cleanly out of the descending channel. The FG-Divergence "buy" signal triggered, hinting that we are entering a bullish phase. Need to wait for the "buy" signal from PRISM Signals to trigger as...
To retest the upper resistance level. Will it be able to break through and find support? Longer term trend still looking somewhat bearish. However the longer BTC stays within the upper half of the descending triangle, the oscillators will gradually evolve towards looking more positive on the longer term as well.
PRISM's pSAR-based RSI looks to be reset on the 3hr timescale, but not yet on the 1D timescale, hint that there is still a bit more downside to go. BTC expected to fall to 9176 USD support in the short term. If it finds strong support there, will expect it to bounce back to 10788 USD (61.8% on the PDF dynamic Fib-level, hidden here) and at also where the top...
See text in chart for details. Looking even worse for ETHUSD. Also note squeeze in stdev-bands.
Bitcoin reached about previous predicted level, after "Bear Pivot" signal triggered in LIVIDITIUM signaling script. However, PRISM oscillators still looking weak + PRISM's pSAR-based RSI still have same way to go before resetting. Expecting BTC to drop further to ~8400 USD (200 ema) if 9400 USD (100 ema) support fails to hold, which is also where the level2...
See also complimentary chart to this analysis:
Setting stop-limit as indicated by the red arrow to protect the 30%+ profits gained so far: using the Fast AEONDRIFT script on the 1hr chart to determine suitable stop-loss values for the next few hours. The RSI/Stochs as well as the PRISM oscillators looking bullish on the short term (for now). Looks like FTM may still have a bit of gas left to continue higher...
I don't see a massive dump though. But I will continue to monitor the chart and update my views accordingly. See also: and
See earlier published WANBTC chart, and crude Trade Logs: and also see my post on BTC dominance: Setting stop-loss at 0.000046 BTC -- using my Fast Aeondrift (stdev based bands) to suggest suitable stop-limit levels to consider. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a...
Even though BTC.D doesn't always reflect the state of every individual altcoins, I still personally find it useful to refer to it as a measure of the level of "tendency towards risk-taking" in the market. Trend wise, BTC.D is still conforming to the upward channel drawn. However, recent history indicates that prices above the thick-grey LIVIDITIUM (LVDT) level is...
Earlier, after the massive pump, I've set limit sell of WAN at 0.0000509 BTC which got triggered. Setting a buy-back limit buy orders of WAN, cost-averaging btwn 0.00003-0.0000263 BTC, with the aid of the LIVIDITIUM dynamic band levels. See: t.me QUOTE "I still think WAN still has strength to continue up more personally. But Im setting stop-losses to protect my...
Using the FUSIONGAP oscillator (Zoomed out). The FUSIONGAPS series oscillators can also be set to log-scale to determine oversold/bought condition, or bullish/bearish phase/flip of the market. This is why I am not expecting a massive dump down to an all time low, or anything too brutal. If BTC's next move is a further downward correction, I'd expected it to...
See descriptions in chart. Need to continue to monitor at higher time-frames to assess mid-to-long term trends.
As I had also posted on the 21st August in a telegram channel as a reply. t.me More minor alt gains until PRISM’s psar-based RSI/Stochs resets. Noteworthy: However, divergence in the progressive tops of the psar oscillator where it is descending, while BTC dominance is ascending.