BTC took the bearish path. Post-dump analysis.

업데이트됨

Continuing from:

BTCUSD 7Mar20: Bullish/Bearish Scenarios

코멘트

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.

코멘트

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

코멘트

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

코멘트

{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.

코멘트

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