Get started

Dvi

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.
BITSTAMP:BTCUSD
by cybernetwork
2
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.
BITSTAMP:BTCUSDLong
by cybernetwork
1
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)
BITSTAMP:BTCUSDLong
by cybernetwork