BTC:USD -- Acceleration gaining, pulling up Momentum.

3 thg 8, 2020

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.

3 thg 8, 2020

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Note: The white line is the superimposed DVI line from my public access DVI Band script.

The line is basically the DVI (Directional Volume Index) added onto the 50 candles (default) ema. And the two thin blue bands above and below it are simply the 95% confidence interval lines.

3 thg 8, 2020

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Mid-term:
pRSI-stoch overbought though.
Either an eventual further correction down to 10.5k USD or even down to 9622 USD; or going sideways for awhile.

3 thg 8, 2020

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.. before continuation upwards, eventually to 14kUSD ..

5 thg 8, 2020

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Price a bit overextended on the Cyber Channels:

5 thg 8, 2020

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However:

6 thg 8, 2020

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