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BTC took the bearish path. Post-dump analysis.

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Continuing from:
BTCUSD 7Mar20: Bullish/Bearish Scenarios
Nota
Since mentioned in the previous published analysis, my CYBER ENSEMBLE script still have not registered a "BUY" yet.
syot kilat

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.
Nota
Descending widening wedge. Swing trading opportunity in the short to mid term, and waiting for breakout of the wedge into the longer-term.
Nota
===========================================
BUY signal on CYBER ENSEMBLE is triggered.
syot kilat
Nota
syot kilat
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.
Nota
Very weak bounce. Cyber Ensemble and PRISM Signals both signaled "sell" again.
Revisiting 7500 USD?
syot kilat
Nota
Possibly going sideways for now..
Dagangan ditutup: hentian tercapai
BTC broken below 7478 USD
Stopped out. Patiently and cautiously waiting for good point for re-entry now.

Penafian

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