cybernetwork

BTC broke above 8732 USD. Retest 61.8% Fib-ext @ 8981 USD next?

Long
cybernetwork Updated   
BITSTAMP:BTCUSD   Bitcoin
Bullish in the shorter term. Need to break above 61.8% Fib-ext level @ 8981 USD and finds support over to be bullish in the mid term.
PRISM Signals signaling "Buy". However will need to wait for Cyber Ensemble to signal a "Buy" first before making a move.
PRISM Acceleration/Jerk ribbon looking bullish, pulling Momentum up further, and looking like it has more upside to go.

Continuation from:
Comment:
CYBER ENSEMBLE "Buy" Signal triggered.
Comment:
Continue to be bullish if price is able to pierce above the 61.8% Fib level and find support above. This will also mean that the price manages to pump 2 Stdev higher on the Aeondrift Expected Range (with directionality mod enabled), which indicates strength in the market.
Comment:
Multiple bullish patterns? Just playing around. Pattern analyzing isn't really my thing. :)
I'm more familar with support/resistance trendlines coupled with my momentum oscillators and an ensemble of indicators packaged into a single script for signaling possible good point of buy/sell (i.e. PRISM Signals, and Cyber Ensemble).

Comment:
BTC have now punched above the 200 DMA. But will it be able to close above on the 1D timeframe?
Comment:
Getting rejected by the 61.8% Fib level on its first try (green circle).
Will it be able to find support above the white trendline (red circle)?

Price did successfully close above the 200 DMA on the 1D chart supporting a bullish longer-term/overall trend!

Further, see also:
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