Bull/Bear Scenarios and conditions.
מעודכן
PRISM's pSAR-based RSI looks to be reset on the 3hr timescale, but not yet on the 1D timescale, hint that there is still a bit more downside to go.
BTC expected to fall to 9176 USD support in the short term.
If it finds strong support there, will expect it to bounce back to 10788 USD (61.8% on the PDF dynamic Fib-level, hidden here) and at also where the top resistance trendline is.
However, if it falls below support (expected to be ~8991 USD) and rebounds to retest support-turned-resistance at 9176 USD, then expect BTC to likely drop all the way down to 8220 USD.
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See earlier related BTCUSD analysis:
Combination of Bearish BTCUSD signals emerged. 9550USD next? [27Aug19]
BTC to 8350 USD (200ema), if fail to hold @ 9400 USD (100ema) [29Aug19]
tradingview.com/u/cybernetwork/
BTC expected to fall to 9176 USD support in the short term.
If it finds strong support there, will expect it to bounce back to 10788 USD (61.8% on the PDF dynamic Fib-level, hidden here) and at also where the top resistance trendline is.
However, if it falls below support (expected to be ~8991 USD) and rebounds to retest support-turned-resistance at 9176 USD, then expect BTC to likely drop all the way down to 8220 USD.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
See earlier related BTCUSD analysis:
Combination of Bearish BTCUSD signals emerged. 9550USD next? [27Aug19]
BTC to 8350 USD (200ema), if fail to hold @ 9400 USD (100ema) [29Aug19]
tradingview.com/u/cybernetwork/
הערה
Summary: Currently at no-trading range. Waiting for clear signals to emerge.הערה
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
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Please check out my other indicators sets and series, e.g.
- LIVIDITIUM (dynamic levels),
- AEONDRIFT (standard deviation bands),
- FUSIONGAPS (MA based oscillators),
- MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
- PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
- and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~JuniAiko
(=^~^=)v~
הערה
Also left out my newly published script used here:
PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
הערה
Update:"BUY" Signal triggered in the "PRISM Signals" script.
However PRISM AJ-ribbon state (indicated by the candle bar color-tint) is in a bearish phase.
Price close to pierce above the "PDF script's" pSAR trendline too.
Expect price to go down a little, with possible gains ahead within the next 1-2 days.
PRISM's pSAR-based RSI and typical RSI both close to properly "resetting" to support level on the 1D candle timeframe.
Typical StochRSI looks like they are on the verge of crossing to bullish -- but uncertain if it will be sustained at this point in time.
הערה
Ichicloud ahead still looking bearish from 1D down to the 1hr timeframes.הערה
הערה
Other than my earlier (27Aug19) bearish price prediction (as linked above) of the dump that came through the following day, a significant (200/50) top-reversal signal was registered on the 26th August from the FUSIONGAPS oscillator.A 200/50 bottom reversal signal from the FUSIONGAPS oscillator will suggest an upward trend ahead (if it holds -- by verifying with the momentum and acceleration oscillators on the following candle or two ahead).
הערה
Updated chart with (Buy/Sell) "PRISM signals" and Fast AEONDRIFT derived levels on the "3hr" chart.הערה
5min Chart Using PRISM (Buy/Sell) Signals:הערה
5min Chart Using PRISM (Buy/Sell) Signals: predicted drop in progress..הערה
Tutorial on how to use my "PRISM Signals" and "PDF" indicators:
כתב ויתור
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