Waiting for Fusiongaps {50/15} histogram to return to green on the monthly, as an indication that the worse of the bear market is truly over. The FG{50/15} histogram had never been in the negative since 2015 where this indicator can be computed on the BITSTAMP BTC chart. Plunging into the negative would indicate a severe and unprecedented bearish change in...
FSN / BTC Looks Bullish - 50/100 SMA Cross on 4H and 1D Charts! There are few bullish signals on FSN / BTC , some of them are: - Bullish Pennant is forming on 4H/1D chart - 50 & 100 SMA just crossed both on 4H & 1D charts! Targets: 1900, 2100, 2400, 2600 sats Remember about SL!
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:
BTC is still presently being treated as a risk asset. IMO, only when the need arises globally (i.e. significant or even hyper-inflation), could it then potentially decouple (i.e. think Venezuela), and be treated more as a safe-haven. This chart shows the Bitcoin (XBT) chart normalized by the S&P 500 index (SPX). A 50/200 SMA golden cross have only just emerged...
Please see text in the chart. Short-term looking bullish (over the weekend); but more likely to continue to trade relatively sideways through December with a slight bearish bias -- overall range-bounded between the two white solid lines . Long-term still remains bearish (with possibility of falling all the way down to 5200 USD); unless BTC is able to break...
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...
Ready to head up higher? See previous analysis:
Demonstrating significant hidden strength in this market! :) Here are my latest Bullish/Bearish scenarios; and will continue to monitor PRISM and FUSIONGAPS indicators, as well as the CYBER ENSEMBLE buy/sell signaling indicator (all of these are free-to-use), before making a decision on the next possible move. As usual, this post will be updated with the latest...
BTC failed to pierce through the resistance at 8700USD and turns it into support; but got rejected instead -- showing persistent market weakness. Previous attempt at a short-term bullish trade did not execute. Now, BTC have broken through support at 8031USD, with clear sign that it has turned into resistance. Coupled with the strong bearish signs from my ...
Expecting ZRX to retrace back downt to the 61.8% level, then continuation upward? Will need to continue to monitor the various indicators, especially my momentum/acceleration/jerk {MAJ} oscillators. Analysis performed using some of the indicators and signaling algorithms I have developed. Cyber Ensemble (Bullish/Bearish Signaling script) PRISM...
Speculatively speaking, I'm biased towards BTC moving higher. TA wise, I will want to see it break through the 8684USD resistance first, and show that it finds support over the next candle or two before making an entry with suitable stop-loss set. Related post: (Oct 8) BTCUSD short-term bullish I typically use the following two indicators to help pick...
Bitcoin ready to fall lower in the short term, after a bit more sideway movements? The PRISM oscillators look slightly bullish though, with the momentum in the positive, however, the acceleration/jerk ribbon looks to be losing strength. PRISM Relative Candle Volatility & Directionality Index (RCVI/RCDI) CYBER ENSEMBLE FUSIONGAPS V4 {50/15-Series} (Local...
PRISM Momentum significant in the -ve. PRISM Acceleration/Jerk ribbon looks to be heading up, so we might see a minor bounce possibly back to 8950 USD, before getting rejected down to the 161.8% retracement level at 7295 USD. The recent dump was anticipated in my earlier chart analysis: 22Sept19
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...
PRISM (Red/Green) -- Just triggered Cyber Ensemble (Purple/Blue) -- 2 days ago. FG-Divergence (White/Gray) LIVIDITIUM V4 -- Dynamic conjugated Golden Ratios Levels + MA-lines and built in pivot/reversal/bull/bear signals. BTCUSD fails to hold above previous middle support at ~10.2kUSD, and now retesting it (as well as the 50 EMA) as resistance. Price...
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...