
An Exit Signal comes out for the Robot Dog “B” implies a reversal point of the short term rise trend.
Period Analysis of Bitcoin Market

An Exit Signal comes out for the Robot Dog “B” implies a reversal point of the short term rise trend.

The upward trend recaptured. Current Bitcoin price is $744 which is the hit of my bet yesterday (coming $750). I am looking forward to $1,200 in January 2017.

Bitcoin currency chart updated here. The upward movement confirmed the 14.11.2016 is a short-term low reversal point. The upward trend continues.

The analysis on 8th Nov 2016 maintains no change. I am looking for the BTC price return to the $750 level.

Here I would like to introduce a new day trading system I developed called Robot Fighter “S”. Here “S” stands for Simplicity. This is to announce its beta testing stage. I plan to use small amount Bitcoins to test “S” in my brokage account. The trading result will post from time to time in this blog. To be short, I borrow The philosophy of Bruce Lee’s martial art –Jeet Kune Do to develop “S”.
For the details on the development philosophy, please go to this link.

Take a closer look at the bitcoin currency chart.

The bitcoin current price seems confirmed yesterday is the short-term lower reserve point of the upward trend. There may have some corrections in future days, but the bitcoin price level still has a certain distance to the upward slope line which can serve as the support.
Robot Dog “B” does not have EXIT signal today which imply the upward trend continues.

It is a zoomed bitcoin currency chart of Robot Dog “B” updated.

Yesterday, in the view of bitcoin chart analysis, BTC price drop and the candlestick signal of the last bar yesterday confirmed it selling pressure run out. It is a 90%-like a Dragonfly Doji pattern. It may imply a short-term market turning points.

The A.I. model (Robot Dog “B”) still maintains the BUY signal of 8th Nov 2016. I bet the upward trend still keeps in mid-term and now is the short-term low.

Regarding the update on 8.11.2016, the bitcoin price trend is still upward. The last BUY signal remains no change. No EXIT signal appeared. 
Robot Dog “B” does NOT smell any big risk in this bitcoin value today. The view on 8th Nov. 2016 remains no change.