BTC took the bearish path. Post-dump analysis.

9 thg 3, 2020

Continuing from:

9 thg 3, 2020

Ghi chú

Since mentioned in the previous published analysis, my CYBER ENSEMBLE script still have not registered a "BUY" yet.


Need to wait for a technical confirmation (CYBER ENSEMBLE), then *followed by* a momentum confirmation (i.e. PRISM Signals, and PRISM oscillators), before I'd re-enter the market after being stopped-out of my entire holding at 8700 USD.

9 thg 3, 2020

Ghi chú

Descending widening wedge. Swing trading opportunity in the short to mid term, and waiting for breakout of the wedge into the longer-term.

9 thg 3, 2020

Ghi chú

===========================================
BUY signal on CYBER ENSEMBLE is triggered.

10 thg 3, 2020

Ghi chú

10 thg 3, 2020

Ghi chú

{Chart Above} Massive bullish Inverse Head and Shoulder pattern setting up?
Target @ 15kUSD from current 7.5k USD = 100% gain.
But price needs to at least retrace back to 9.5k USD first, and then to take another look at the market structure from there.

11 thg 3, 2020

Ghi chú

Very weak bounce. Cyber Ensemble and PRISM Signals both signaled "sell" again.
Revisiting 7500 USD?

11 thg 3, 2020

Ghi chú

Possibly going sideways for now..

12 thg 3, 2020

Đóng lệnh: dừng lỗ

BTC broken below 7478 USD
Stopped out. Patiently and cautiously waiting for good point for re-entry now.