Long

ADA:BTC Bull Flag

Updated

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.

Note

Note

Back within channel. Failed break down = Weak Bears = Bullish.

Note

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.

Note

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.

Note

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

cybernetwork

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