See also complimentary chart to this analysis:
Setting stop-limit as indicated by the red arrow to protect the 30%+ profits gained so far: using the Fast AEONDRIFT script on the 1hr chart to determine suitable stop-loss values for the next few hours. The RSI/Stochs as well as the PRISM oscillators looking bullish on the short term (for now). Looks like FTM may still have a bit of gas left to continue higher...
I don't see a massive dump though. But I will continue to monitor the chart and update my views accordingly. See also: and
See earlier published WANBTC chart, and crude Trade Logs: and also see my post on BTC dominance: Setting stop-loss at 0.000046 BTC -- using my Fast Aeondrift (stdev based bands) to suggest suitable stop-limit levels to consider. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a...
Even though BTC.D doesn't always reflect the state of every individual altcoins, I still personally find it useful to refer to it as a measure of the level of "tendency towards risk-taking" in the market. Trend wise, BTC.D is still conforming to the upward channel drawn. However, recent history indicates that prices above the thick-grey LIVIDITIUM (LVDT) level is...
Earlier, after the massive pump, I've set limit sell of WAN at 0.0000509 BTC which got triggered. Setting a buy-back limit buy orders of WAN, cost-averaging btwn 0.00003-0.0000263 BTC, with the aid of the LIVIDITIUM dynamic band levels. See: t.me QUOTE "I still think WAN still has strength to continue up more personally. But Im setting stop-losses to protect my...
Using the FUSIONGAP oscillator (Zoomed out). The FUSIONGAPS series oscillators can also be set to log-scale to determine oversold/bought condition, or bullish/bearish phase/flip of the market. This is why I am not expecting a massive dump down to an all time low, or anything too brutal. If BTC's next move is a further downward correction, I'd expected it to...
See descriptions in chart. Need to continue to monitor at higher time-frames to assess mid-to-long term trends.
As I had also posted on the 21st August in a telegram channel as a reply. t.me More minor alt gains until PRISM’s psar-based RSI/Stochs resets. Noteworthy: However, divergence in the progressive tops of the psar oscillator where it is descending, while BTC dominance is ascending.
Bitcoin to rebound back to top black resistance level, if price continues to hold above red support line — allowing the PRISM RSI and STOCHS to reset. Momentum still in the negative though, and acceleration and Jerk oscillators doesn’t look to be rebounding yet. Need to wait till PRISM acceleration oscillator to turn positive first before deciding on an entry...
You're going to be breakout trading. Follow the trend 'till you see reversal. Fibs an old highs and pools of liquitiy are likely places to see reversal, so keep your eye on it. *Warning, Forex trading is high risk, always use a stop* I'm going to place my stop at break even, and make it move with the trend as it progresses.
Let's see if we see the fractal repeat itself.