LUNA: Low timeframe trading a dead coin on the short timeframe.Bought in at ca. 0.0000888 BUSD and sold at 0.0004 BUSD, and just re-entered at 0.0002888 BUSD.
w-pattern forming (which is more apparent viewing on the 5mins timeframe -- which TV disallowed publication at that fast timeframe, hence I'm showing this on the 15mins chart ).
If LUNA can break above the white line at ca. 0.0004 BUSD and hold, measured move target will be at 0.00058 BUSD, where the previous high was at.
Also note the extreme increment in relative volume after the crash to zero, which was what prompted me to consider trading LUNA.
Cyberensemble
Potential Waves/BTC Long trade.Been buying back into Waves again within the golden pocket, after having DCAed out of my position during the recent significant pump.
Price have now just broken out above the sym triangle as defined by the cyan dashed lines. Presently setting stop loss below the 65% line, just below the golden pocket.
WIll revert to a trailing stop loss strategy if the price successfully bounces off above the sym triangle, and above the ca. 0.000687 BTC range.
ELASTOS:BITCOIN long trade.Been re-accumulating within the golden pocket, after earlier selling into BTC btwn the 23rd and 26th of Jan 2022, based on my CYBERENSEMBLE (technical) and PRISM Signals (momentum) buy/sell indicators. ELA just broken out of golden pocket above 61.8% Fib level.
Setting stops between and below 65% Fib level and the 200 daily SMA (thick orange line); increasingly invalidates the bullish thesis if ELA drops to those levels. The thin orange line is the 200 VWMA. Potential ~70% profit. Will switch to a trailing stop loss once price breaks above the 50 daily SMA level (green line). Red line is the 21 daily EMA.
My CYBERENSEMBLE (technical) indicator also had now flashed a buy. Still waiting for the PRISM Signals (momentum) indicator to confirm the upward move.
ELASTOS has really strong fundamentals to me: deserving of becoming a top ETH layer2 scaling solution especially with the release of the excellent "Essentials" wallet and "Feed" and a growing ecosystem of enthusiastic community of developers, NFT contributors, and investors; and potentially a highly viable scaling solution for BTC as well. A good project to invest into and hold for the longer term as well.
Bitcoin in Wyckoff Accumulation: A re-look.Redrawing the Phase divide lines.
We could presently still be within Phase C of a Wyckoff Accumulation.
A clear break above ca. 42k USD (setting a higher high on the daily, and also > 21 weekly EMA) will ensure confidence of a continuation of the macro bull cycle.
Idea negated if price drops below ca. 32k USD; and next target level is at approx. 25k USD.
As continued from:
BTC bouncing off the base of the sym triangle yet again.Potential swing trade opportunity to DCA into. Setting stop loss slightly below previous low.
No need to rush into this trade but to slowly positioning into it, while observing how the chart evolves on the lower time frames (i.e. 15mins, 30mins, hourly), and adjust stop loss/strategy as necessary.
If stopped out, will then reconsider re-entry, or perhaps to wait for a possible short opportunity if price breaks below the red area (golden pocket); while waiting to buy back in (finally) at the more attractive prices below 30k USD. With so many people (including many who had previously missed out) waiting for a chance to buy BTC at close to the 20k USD level, will the market allow for it though? IMO, unlikely to have another chance to enter below 20k USD.
Setting buy orders scattered between 26k USD and 21k USD, and a small portion at 19k USD.
Caution: Note that the ichicloud had already flipped bearish and have thickened significantly.
Tellor (TRB) within ascending triangle; bullish breakout?Here's one of the charts that I have decided to share, among the few alts that I am presently treading alongside with BTC.
Trading alts IMO is in a way trading BTC, with leverage, w/o the risk of being liquidated.
Trading w-pattern breakouts within an ascending triangle. Waiting for breakout above the ascending triangle (thick solid green lines).
Note: Measured move of the 2nd w-pattern is above the ascending triangle.
Ichicloud *just* turning bullish on the 4 hourly.
Cyber Ensemble already signaling a (S)ell signal again, with TD at a 9. TRB likely to at least come down to retest the dotted support line again.
Breakout point at ca. 77 USD.
Measured move target of the 3rd large w-pattern (highlighted by the blue line) breakout above at 108.8 USD.
Measured move target of the ascending triangle breakout at 112.9 USD.
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Whether bullish move can be sustained will depend on BTC, see also:
ETH finally getting a bullish signal vs BTC on the DailyGood chance of seeing ETH to see gains vs. BTC from here on out according to the Cyber Ensemble indicator.
PRISM Oscillator on the verge of crossing above its purple 30 EMA line.
Acceleration-Jerk (AJ) Ribbon maintaining in the positive side, holding momentum up, however some signs of turnaround, as can seen on the (yellow/pink) snap-line above.
ETH would still need to pierce above the orange 200 SMA, and the red 21 EMA lines, to confirm a longer term bullish outlook.
Bitcoin is giving a Bullish Thumbs UpGood to go!
See also my previous longer-term analysis.
BTC (vs. USD) long-term structural analysis.
BTC vs. USD confirmed support above long-term trendline.
Inverse Head and Shoulder superimposed over an upward trend..
Bitcoin (BTC:USD) AB=CD eventual long-term target
BTC been correlating with Gold more than SPX over past weeks!
AUD vs. SGD to see further gains ahead (mid-term trend).
Pseudo inverse head in shoulder (re-accumulation like pattern).
AUD has broken out above the top descending trendline.
Buy signal already triggered.
Significant move higher if price manages to break above the 38.2% Fib level and retests it and successfully holds.
Measured move target to 0.084 SGD, which sets a higher high, establishing a longer-term bullish structure.
PRISM Analysis
Snap bend up sharply, which is presently pulling the AJ-ribbon (Acceneration and Jerk) higher with the lime-green Jerk oscillator leading the move (i.e. bullish). Expect momentum to see serious gains ahead.
Daily chart shows that AUD vs. SGD continues to be held up above the red 21 EMA level. Bearish if this breaks and it falls below the green 50 SMA level.
PRISM higher-differential-order oscillators looks like they are ready to curve upwards as well.
Weekly Chart
This is a continued shared/published analysis from:
BTC been correlating with Gold more than SPX over past weeks!Just a quick thing to note.
Presently the treat of government shutdown in the US and the looming election is creating uncertainty in the market, leading to mass liquidation back into USD -- as irrational as that may be considering the present debasement of the USD (and of other currencies around the world, including the Yuan, and the Pound, etc).
See previous BTC analysis which considered the bearish case in an update just before the dump:
Key thing to note, as posted in an update of the analysis above:
"If 10400 USD VPVR level fails to hold, expecting price to drop to the white long-term resistance-turned-support level presently at 9600 USD to finally close the CME gap (yet again)."
BTC (vs. USD) long-term structural analysis.BTC looks like it is presently being rejected by the 11.1k USD VPVR resistance level.
SIDEWAYS TREND CASE: (Altcoins bullish)
However, it has managed to find support above the 200 SMA on the 3 hrly. There's a chance for it to be trapped between being supported by the 200 SMA (or the green rising/thickening Ichicloud) with the 11.1lk USD resistance, going relatively sideways (perhaps setting up a bull pennant) for awhile. If that is the case, expect to see continuation of selected altcoins pumping again -- but will need to examine the BTC.D chart to confirm on this.
BEARISH CASE:
If BTC gets severely rejected by the 11.1k resistance and plunges below ~10.43 USD VPVR level, I'd expect it to drop further to retest the long-term trendline, presently at around 9.7k USD (also about where the 9621 USD VPVR level is at). This will establish a bearish lower-high into the long-term structure , and I will expect that even if BTC finds support and bounces off the 9.7k USD, it will likely retest 10.43k USD and fail.
BULLISH CASE
If BTC manages to pierce above the 11.1k USD, there is then a chance for it to continue to go higher. For a long-term bullish structure to be locked in, BTC will need to set a higher-high by strongly piercing above 12.1k USD and hold. Then I'd expect more increasingly bullish moves for BTC head, and perhaps then even leaving alts in the dust (need to examine BTC.D as well on this point).
See also my previous related (shorter-term) analysis
Shorter term, I am bullish if price continues to hold above the thick orange 200 SMA or the thin 200 VWMA line. Cautious if it plunges below, and bearish if it fails to even find support within the green Ichicloud.
Also, not the lime-green dot, indicating that the gray-DVI like have now pierced above the top of the faded-blue DVI-band, which shows strength in the recent pump.
BTC vs. USD confirmed support above long-term trendline.BTC retested the white long-term trendline and confirmed support, which is a very bullish sign.
Note that the daily TD-seq is approaching a 9 though. Expecting a short term (probably minor) reversal to retest the 10429 USD VPVR line.
Green Ichicloud supporting "cushion" ascending higher and appears to be in the process of broadening.
PRISM had registered a bullish reveral as well, and the acceleration/jerk (AJ) ribbon is now curving upwards.
Looking at the 3 hourly:
Price will need to break up above the thick orange 200 SMA to confirm bullishness.
Green Ichicloud have recently formed.
AJ-Ribbon looks like it is in the process of curving upwards (awaiting confirmation -- i.e. when the thick-lime snap-oscillator crosses above the thin-red acceleration-oscillator)
Previous long-term measured move target:
BNB needs to retest 21 EMA (hourly chart analysis)BNB had seen a pump after a short period of re-accumulation -- where the green w-like pattering is marked (bought earlier at breakout back over the red 21 EMA).
Cyber Ensemble SELL signal has now been triggered.
PRISM oscillators looking bearish in the short term as well -- overbought (red background), and with the AJ-Ribbon falling with widening gab between the limegreen jerk-line below from the red-acceleration-line above, pulling momentum down. The middle Snap-like had already plunged negative.
BNB will need to drop at least to the 38.2% Fib level, where the red 21 EMA is at. This is also roughly where the previous local high was at as well as where the green Ichicloud is approaching.
If the 21 EMA fails to hold, expect to drop down to 61.8% Fib level where the green 50 SMA is also at.
Bearish if 50 SMA fails to hold and bearish target is at thick orange 200 SMA line.
SUSHI - Very Short-term Bull/Bear ScenariosSelf explanatory from the trend likes drawn in the chart.
PRISM suggests a bearish bias in the immediate term, bearish if falls below the support line as drawn.
Long-term still looking bearish until it makes a higher high.
Just sharing one of the charts that I am monitoring atm.
BTCUSD Outlook -- Bearish Slant on the short-to-mid-term
Orange 200 SMA sloping negative.
Thick bearish Ichicloud.
Appears to be rejected by 10429 USD VPVR level.
Bullish slant if red 21 EMA continues to hold it up.
TD approaching a 9, another bearish sign (flipping between a green 9 and a red 1 during posting) .
Continue to be supported above the white long-term trendline. Will be really bad for the bulls if the price even goes below this line.
Blue VPVR support line at 9621 USD just under the white long-term trendline though, and strong purple VPVR support at 8732 USD.
Bullish with opportunity to retest the 11141 VPVR level, if it can close above the 10666 USD base of the daily Ichicloud.
PRISM
Stochs of pRSI indicates overbought. AJ-Ribbon relatively sideways with a bearish slant atm.
RSI/Stochs
Classical Stochs(RSI) coming down.
Daily Chart View
FUSIONGAPS V4 {50/15} series
Not good for the bulls.
However, looks like Altcoins (collectively) vs. BTC still have some steam.
BTCUSD probable short-term bullish.TD signals a 9, presently resting on Ichicloud.
Need to bounce above green 50 SMA to confirm bullish.
Bearish if it falls further below the green Ichicloud, which it it will then likely drop further down to retest the orange 200 SMA line.
PRISM Oscillators
Green background = Oversold
AJ-Ribbon now curving up.
Continued analysis from:
ERD:BTC - Patiently waiting for an opportunity to buy in.Head and shoulders registered.
Measured move down to 78.6% Fib (about where thick orange daily 200 SMA line is at -- Note that this chart is the 3hrly , showing excellent confluence between my Cyber Ensemble Buy/Sell signaling algo at this timeframe for this chart).
Not necessary if it will be fulfilled, but will start cost-averaging if it hits about 61.8% Fib level. Won't buy in at this level -- there are other good opportunities that I am already holding, having bought in at good positions of strength. The most recent one that I had decided to share was Kusama: after having previously accumulated Polkadot (DOT) prior to its mainnet launch @ Huobi.
Note: The head and shoulders measured move not necessary to be fulfilled, but merely to serve as a rough idea of how far it could go.
Ichimoku Cloud still bearish, however some bullish W-ing accumulation pattern have been going on prior to the more recent short term pump to retest the 3hrly 200 SMA, at the last trigger of the buy signal by Cyber Ensemble. If it gets rejected there, plus if it falls below the red 21 EMA and the green 50 SMA, then the likely hood of this buying opportunity playing out increases.
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Daily Chart:
Note: There is not enough candle resolution for Cyber Ensemble to capture certain more volatile/sudden moves on the daily chart.
However, a bullish signal has been triggered, lessening the chance that this buying opportunity may play out (which is ok).
BTCUSD - More downside in the short-term (30mins chart analysis)More downside to come for BTC in the short-term. Perhaps relative sideways.
BTC remains below thick orange 200 SMA, and continue to be rejected by the green 50 SMA.
50/200 SMA deathcross registered not too long ago.
Rejected by bearish Ichicloud that appears to still be thickening.
For the bulls, will need to wait for:
For price to first head back above the 200 SMA to advert 50/200 SMA deathcross (DX) on the higher timeframe.
Ichicloud to turn positive again on the higher time frames.
Watching how the weekly candle closes too vs. the trendlines.
PRISM Oscillators Analysis.
Stochs in a downward corrective trajectory..
Negative Snap-Oscillator, which is still heading downwards.
Momentum is accelerating downwards (AJ-ribbon heading sharply down), pulled lower by negative snap-oscillator.
See also my long-term analysis/target:
Zooming Out: BTC is still looking pretty bullish..
Will be healthier if Stoch resets downwards a little, either correction by price or through time (i.e. painfully going sideways, liquidating longs and shorts along the way, over a longer period of time before continuation)..
More upside potential for AUD vs. SGDBullish w-like re-accumulation patterns..
PRISM Oscillators Analysis
Stoch-of-pRSI in Oversold state atm
Snap-Oscillator pierced into the positive and heading higher.
AJ-ribbon (acceleration/jerk) heading up (in response to the positive Snap-osc), which in turn is pulling the momentum up..
Continuation from my previous analysis awhile back:
CYBER ENSEMBLE signaled a sell for LINK:BTC.On the daily and on the 3 hrly as well.
There is a significant chance for a retracement to retest at least the red 21 EMA (also where the gray DVI line on the 3hrly is at) at about 0.0013 BTC.
More short-term bearish movement expected if this red 21 EMA on the 3 hrly that have been acting as support during the recent short-term bull run since 2nd Aug failed to hold (see chart above).
Price may then go further down to revisit the gray DVI line on the daily at 0.00108 BTC.
PRISM ANALYSIS
pRSI's STOCHs indicator flashes red (i.e. overbought)
AJ-Ribbon (Acceleration/Jerk) on a downward trajectory being pulled down by the Snap-Oscillator (yellow/pink) that already plunged sharply into the negative. Hence, expecting momentum to fall significantly within the next couple of days.
CYBER CHANNEL ANALYSIS
Price have already reached the D level (i.e. the 7-8 Stdev level) , indicating over exuberance within too short a period of time, and needs to cool down -- either by a retracement, or through time (i.e. sideways/stagnation), or a bit of both; before further upside can continue in a healthy manner.
BTC:USD -- Acceleration gaining, pulling up Momentum.Chart Analysis
Clear support on the 61.8% Fib-retrace level maintained.
Waiting for a Buy signal from Cyber Ensemble script.
PRISM Analysis
pRSI's Stoch now close to oversold state.
Acceleration/Jerk-Ribbon reversing up, as the Snap-Oscillator pierces back into the positive; while will pull Momentum up again.
Updated evolving analysis leading up to the current chart.
Evidence that we are presently in a bull market phase.
Determining if we are in a Bull/Bear market with FUSUONGAPS V4Revisiting 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 needs to break above long-term resistance line @ 10090 USD..Zoomed out view of the long-term resistance line.
Main Chart
BTC needs to break above long-term resistance line @ 10090 USD and find support, before long-term bull market confirmation towards next parabolic run(?).
Cyber Ensemble already signaled a buy earlier. However TD is already past a 9, so a sell signal may appear at any moment for a minor/negligible(?) retracement.
Price presently supported above red 21 EMA.
Thin orange 200 VWMA strongly above thick orange SMA, providing volume confirmation of bullish bias of the market.
Remaining short term bullish so long as price stays above green 50 SMA.
White DVI line broke out above (faint blue) 95%CI band.
DVI-RSI (in the AnalysisPak) below now broken out above 95%CI band.
PRISM Oscillators Set:
The pRSI main oscillator remains above its 30 VWMA == Bullish.
Acceleration coming down though, which will pull momentum down in the short term. Perhaps will consolidate sideways for a day or two, supported by green Ichicloud, coming down to retest 21 EMA.
Stochs (not shown -- manually activated in the settings) is nearing oversold.
Previous Analysis leading up to present price pump:
(20Jul20)
(11Jul20)
(30Jun20)
