Potential long opportunity for THETA:BTC.

30 May 2020

Ichicloud still thickly bearish in the 1hrly though.
Price now at the 61.8% Fib retrace after retracing ca. 53%.

CYBER ENSEMBLE triggered a blue Buy signal.

PRISM Oscillators Set Analysis:
pRSI Stochs in the oversold state.
Bullish divergence in the pRSI, as well as pRSI about to cross bullish above its 30 VWMA.
Momentum already in the positive, pulled up by the bullish Acceleration/Jerk-Ribbon; which is in turn sustained by the positive (yellow) snap-oscillator.

Summary:
Buying if price holds above the green 50 SMA, and the red 21 EMA crosses above the green 50 SMA.

30 May 2020

Not

Looking at the lower timeframes, looks like it is about to retrace first.
Shall patiently wait for that before deciding the move.
No FOMO.

30 May 2020

Not

A much better level for entry has appeared, thanks to the BTC pump.
Injected 30% of my intended trade first to test the water.
But again, will patiently wait for the above condition to be fulfilled before *considering* 100% entry.

31 May 2020

Not

At the very least, the price needs to go back above 61.8% Fib level.

31 May 2020

Not

Fibs Redrawn.

4 Haz 2020

Not

Forgot to update.
Re-entered when buy criteria was met. And presently still holding, and will continue to hold on the my long position as long as the hourly red 21 EMA holds.

4 Haz 2020

Not

Note also that the Ichicloud have finally turned green and is rapidly thickening.