Long

BTC now at 200 weekly SMA support.

By cybernetwork

Updated

I am cautiously accumulating back in (via cost averaging) again now with stop loss set and constantly updated now.

Note

w-pattern, bullish accumulation..

Note

BTC seems to have found support on the significant (green) buy level on the LIVIDITIUM dynamic fib levels.

Note

Market structure destroyed by massive (black swan) fundamental move. TA will not work anymore, for now, until the structure resets -- i.e. need to wait for the market to settle down and stabilize at the new level (whichever it may be), then a new market structure can emerge for TA.

Might fall even deeper into a full blown depression, some analysts were saying.

"Blood on the streets.."

Note

No point extrapolating trend-lines, as the current move is strongly correlated to the traditional market.

Trade closed: stop reached

Stopped out.

More relevant to look at the S&P 500 chart for now:

A look at the S&P 500 Chart (weekly and daily charts)

Note

3hrly CYBER ENSEMBLE SIGNAL UPDATE.
Sell Signal Triggered

cybernetwork

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