Prism
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.
Cómo funciona EP TREND HEATMAPHola a todos, en esta ocasión explico el funcionamiento de un nuevo indicador, EP Trend Heatmap (mapa de color de tendencia).
Es un indicador que muestra de forma simultánea la tendencia en varios timeframes, de forma que nos da una visión de conjunto de la situación del activo, ayudándonos a tomar decisiones con más seguridad.
Se relaciona estrechamente con otro indicador, EP PRISM, que se basa en las mismas medias.
EP Trend Heatmap muestra algunos patrones muy interesantes que nos ayudan a encontrar zonas de entrada en compra bastante seguras. Muy interesante el patrón "cielo despejado" que comentamos en el vídeo.
Este indicador puede tomarse también como filtro adicional para las llamadas a compra del indicador EP PRISM. A pesar de que estas señales son por si mismas muy eficaces, nunca bien mal una "segunda opinión" que nos permita tomar decisiones con más seguridad.
Espero que os guste!
Cómo funciona EP PRISM v.2.1Hola a todos, en este video explico las novedades en el indicador EP Prism, en su nueva versión.
Se han añadido señales de compra y venta, que se muestran muy efectivas en TODOS los timeframes. Se han añadido a la configuración del indicador controles para modificar de forma individual los parámetros para cada timeframe, lo que aumenta su efectividad, incluso en gráficos de minutos o segundos.
¡Espero que os guste!
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:
KUSAMA (KSM:BTC) broke back up above 200 SMA on the 30 mins ...KUSAMA (KSM:BTC) broke back up above 200 SMA on the 30 mins after period of continued rejection..
Kusama was originally planned as a testnet for Polkadot, but from what I am hearing so far, it could become its own independent chain in its own right (at the same time as functioning as a test net for Polkadot too) -- where certain projects (that were not successful with securing a Polkadot slot) will instead run exclusively on the Kusama platform rather than migrating onto the Polkadot network.
(Correct me if I am wrong on the fundamentals side of things, I'm focused mainly on TA). :)
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TA
KSM now supported above orange 200 SMA on the 30mins
Need to wait to see if it will continue sideways, continuing to be supported above the 200 SMA, to eventually turn the bearish Ichicloud bullish again, before a recovery can be expected.
Bullish wicks and 21EMA/50SMA bullish cross registered (circled in main chart) on the 30 mins.
PRISM Oscillators Analysis
Hidden Bullish Divergence adhered.
Transparent blue Volume falling off significantly as price increase though.
Acceleration heading up, pulling up Momentum
Still waiting patiently for confirmation for a suitable entry as a long-term investment, with a couple of small stop-limit buys modulated by a combination of Cyber Ensemble and PRISM Oscillators Set, and Ichicloud state, set for now.
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.
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)