BTCUSD (1D): Breakout above descending channel?

By cybernetwork
Updated
Continued analysis from:
BTCUSD predictions using FUSIONGAPS and PRISM oscillators
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Short (1D) time-frame.

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Typo: (3D) not (1D) ^^
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Typo: Meant (3hr) not (1D) ^^^^ XD
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(1hr) chart with PRISM Signals and Cyber Ensemble.
PRISM Signals (base on pSAR/Momentum/Acceleration/Jerk oscillators) sell signal triggered. Waiting for price to return back down to ~8250 USD for a possible buy.

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Sell signal triggered on Cyber Ensemble as well on 1hr chart:
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Looks like BTC has more strength than expected. It has now broken above the VPVR level and found support over it. Entered a small long.

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Will consider a significantly larger long entry at ~ 8550 USD
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Stop loss at 8150 USD
accelerationBitcoin (Cryptocurrency)cryptoCryptocurrencycyberensemblelividitiumOscillatorsprismSupport and ResistanceTrend Lines

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