Cardano (ADA:BTC) AB=CD long trade.

Bull Flag setup Trade.

Hidden bullish divergence of the pRSI (main oscillator) of my PRISM Oscillators Set have emerged; with momentum entering the positive -- pulled up by the positive and increasing AJ-Ribbon with Snap lingering in the positive.

AB=CD confluent with 161.8% Fib extension level.

Also, BUY signal triggered on CYBER ENSEMBLE on the 1hrly chart!

Caution: 21 EMA crosses below the 50 SMA on the 15 mins. However not a significant issue unless confirmation of this on the higher timeframes (i.e. 30 mins and 1 hrly). Setting stop-loss accordingly below the 61.8% Fib with volatility factored in.

Note: The thick purple lines are the VPVR support/resistance levels.

I know the chart is cluttered. I only have one screen and this is how I like to analyse my chart, where all the relevant details are in view together; so that I won't over-focusing on any particular one of them.

註釋

Of course as always, it will be wise to take profit along the way.
The significant target where I will definitely be cashing out some of my active ADABTC trade is at ca. 0.00000593 BTC. Will also be continuously monitoring the CYBER ENSEMBLE and PRISM Oscillators to look out for weaknesses in the market, and will also be updating my volatility adjusted stop-loss levels as the price increases to lock in any profits gained thus far.

註釋

Past and present divergences and hidden divergences.
Longer range bearish divergence in the pRSI and pRSI-STOCHs are still looming, but fresh shorter term hidden bullish emerging. Need pRSI and pRSI-STOCHs in PRISM Oscillators Set to register a new higher high to invalidate longer term bearish divergence.

註釋

For now, price appears to have setup a new lower high as well.
If the next high struggles to setup a higher high, I will then consider exiting, depending on what the PRISM Oscillators say when the time comes.

註釋

BUY signal triggered on CYBER ENSEMBLE again.

手動結束交易

Weakness appearing..
ADA sold back to BTC at 0.00000592 BTC.
Will continue to observe chart as well as other BTC-pair opportunities to continue to attempt to multiply SATs.

註釋

Wow.. ADA dumped just 2 mins after I've posted!
My stoploss was at 0.00000580 BTC.

Presently supported at the 61.8 % level as drawn, and the 50 SMA as well as the top of the Ichicloud.

I am considering if to re-enter a % of it or not right now.

註釋

If price pierces below 50 SMA and gets rejected. Expected to see more significant dumps! So it will be wiser to wait and see.
I'm now monitoring the lower timeframes < 1hrly for strength to reappear again once the dust have settled for potential further trade opprotunities.

註釋

Dropped below the 50 SMA.. and continued lower as expected. :D