BTC:USD short term analysis.

11 Feb 2020

See description in the chart itself.

See longer timeframe analysis:

11 Feb 2020

Nota

11 Feb 2020

Nota

BTC pumped and now "Buy" signal is triggered on CyberEnsemble.


While PRISM and Cyber Ensemble have been successfully providing an effective "edge", this time, the market moved upwards despite of divergent locally bearish technical signals (from PRISM as well as CyberEnsemble) this time. But will this pump be able to break the resistance where it previously have failed, and will it be sustainable in the short term (as per the time-frame of this analysis)?

11 Feb 2020

Nota

BTC successfully pierced above resistance! This analysis is now invalidated!
FOMO season is definitely here.

12 Feb 2020

Nota

Note: We don't have to be right all the time to make money, and 100% successful trade/prediction is not possible. So long as your "TA edge" gives you >60% success rate, it is possible to make money. My Cyber Ensemble have >80% success rate with predicting incoming pumps or dumps at selected timeframes (even at 15mins), and with the use of other indicators (i.e. ichimoku cloud, RSI, PRISM, etc) and proper risk management, it is relatively easy to profit from trading... you lose some but you'd win way more, and the losses are limited by stop-limits, etc.