Cardano / Bitcoin
Long
Aggiornato

ADA:BTC Bull Flag

451
Now, waiting for CYBER ENSEMBLE {PREMIUM} to register a Buy signal, and PRISM Oscillators Set to revert back into a bullish phase again.

Expecting retrace back down to 61.8 % Fib level (i.e. 0.00000561 BTC) first.
Then bull flag target @ 1.618 % Fib level (i.e. 0.00000625 BTC); which is also precisely the measured move of the bull flag as drawn.
Nota
istantanea
Nota
Back within channel. Failed break down = Weak Bears = Bullish.
istantanea
Nota
Dropped and supported exactly on the orange 200 SMA.
Has a new trend emerged?
istantanea

Will the price "pop" and "click" back on the previous yellow descending track?
Looks like a bullish "W" pattern is forming.
istantanea
Nota
But the W pattern is only confirmed if ADABTC crosses back above the yellow line, setting the bottom boundary of the bull flag pattern's descending channel.
Nota
The Bull Flag scenario appears invalidated.
But right now I'll just continue to trade by following my CYBER ENSEMBLE signal (guided by PRISM Oscillators) -- since that appears to work very well atm for ADABTC presently on the hourly chart -- until it doesn't.
istantanea
Trade chiuso: obiettivo raggiunto

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