ETH broke below prior ascending channel support: drop to between 215-228 USD? As usual, highly dependent on BTC chart. Ichicloud also flipped into bearish state. PRISM AJ-Ribbon looks like it is about to turnaround though. But need to wait for PRISM Signal "Buy signal" to trigger to confirm bullish momentum first, before recovery can be deemed more likely.
Cyber Ensemble sell signal triggered on the 3hrly. BTC also looking weak atm: However still need to wait for the breakup/down for confirmation and look at the macro timeframes. IMO shorter timeframes doesn't predict price movement towards the end of a consolidation that well. 1D chart bullish in the longer term, but looks like it wants to come down to revisit...
Buy signal triggered on my Cyber Ensemble script. Will wait for PRISM Signal to trigger as well perhaps, then relook at the chart and PRISM oscillators, before if a breakout higher is imminent or will price more likely break down lower infact. Followup analysis from:
Looks like BTC is likely to be moving sideways for awhile. If it does and price doesn't breakdown, then ETH will likely remain bullish. Buy signal triggered on my CYBER ENSEMBLE indicator on the 3hr chart too. Need to keep a close watch on BTC chart. See prev. ETH analysis: Latest BTC chart:
See text in chart. Continued analysis from: Daily chart analysis. LIVIDITIUM (LVDT) Dynamic Fib Channels/Levels: More zoomed-out view of the LVDT Channel for comparing with historical behavior.
ELASTOS (ELABTC) is still conforming to the ascending channel (Note: Log-scale). Possibility of ca. 100% gain (similar to the ICX breakout) if it is able to pierce and hold above 0.000269 BTC? Need to continue to monitor. High risk, but potential high reward. Continued analysis from: Need careful risk management and protecting profits so far (I'm using my...
Followup from:
What is needed before a turn-around to continue up? See text in chart. Higher-High and Higher Low still intact. Continued from:
BTC have successfully pierced the 10159 USD resistance, and is expected to head gradually towards 11764 USD (by 27Feb20? presently confined within an ascending channel), if it is able to pierce that level, then there's a potential to seeing a parabolic rise to 20k USD. The next higher level will be at 14102 and 17058 USD, but those are relatively weak resistance...
See lines and comments in the chart itself.
Continued Analysis from:
Retrace to 38.2% before contn higher? See text in chart. Continued analysis from:
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...
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...
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...
Bitcoin to rebound back to top black resistance level, if price continues to hold above red support line — allowing the PRISM RSI and STOCHS to reset. Momentum still in the negative though, and acceleration and Jerk oscillators doesn’t look to be rebounding yet. Need to wait till PRISM acceleration oscillator to turn positive first before deciding on an entry...
First target = 9112 USD Second target = 8500 USD and if that fails, BTC will likely fall to 7230. And if it finds supports and rebounds at any of these levels, I speculate that there is a chance this final "capitulation" to drop out the "weak-hands" effectively completes the massive bull flag formation, to wind up one final time to propel BTC to fresh new...
If ETH finds support above the ascending trendline, then next target = 240-255 USD If ETH breaks below the ascending trendline, then target = 180-170 USD. See also my previous BTC dominance (BTC.D) chart analysis calling for a reversal at about 71%.