BTC took the bearish path. Post-dump analysis.

9 mar 2020

Continuing from:

9 mar 2020

Nota

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 mar 2020

Nota

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

9 mar 2020

Nota

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

10 mar 2020

Nota

10 mar 2020

Nota

{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 mar 2020

Nota

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

11 mar 2020

Nota

Possibly going sideways for now..

12 mar 2020

Trade chiuso: stop raggiunto

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