Robi_Nitu

Robi_Nitu Updated 

Hi guys, This is my latest BTC chart with the price projection going into next year. I reviewed my previous ones, always seem to get the price levels right (tops/bottoms), but rarely the time needed for the moves. So take the time period with a grain of salt. In my opinion the C wave of the correction is at the bottom. We should be seeing price move up in the...

Robi_Nitu

Hi guys, Checking back on previous cycle for similar setups I looked at the crosses that led to the massive 2021 rally. Looking at what's happening now I'm wondering if things could develop in the same (approximate) way. What do you think ?

Robi_Nitu Updated 

Hi guys, BTC went lower than I was expecting on my previous analysis ( under 19.300$ ) but recovered and is currently trading over the 20k $ levels. As long as we manage to keep this level we are still on our way to surpass 100k in the next 6 to 8 months. Invalidation level remains a weekly close under 19.300$. Happy hunting !

Robi_Nitu

Hi guys, I noticed a few boolish aspects of this year's TA and I wanted to make some updates from previous chart : 1. The descending channel seems to have been broken out of and price is attempting to hold the 30k area. 2. I marked with a red bubble every confirmation of the descending channel going down, it should also confirm the "going up" part of the...

Robi_Nitu

Hi guys, Looks like #egld is finding suport at the 25-28$ area. I'm expecting a bounce towards the 60$ resistance soon. If we manage to flip it into support the road to 125-130$ is unobstructed. RSI went oversold on the w, should go to overbought next. Fib retraceement level 0.382 sits in the 125-130$ area. Be safe, happy hunting !

Robi_Nitu Updated 

Hi guys, Looks like we hit the bottom or we are very close in regards of a potential upside move for altcoins. This would be confirmed with a drop in btc.d and a stable overall total market cap. We noticed a 4h bull div on the RSI vs price. First targets marked on chart, get above & we fly. Happy hunting !

Robi_Nitu

Hi guys, These are the future correction levels for s&p 500 estimated using Elliott waves theory and Fibonacci retracement levels. At least one of them will be valid (hoping for the first one). If indeed we will get the big crash everybody is expecting most probably the last one is where the price should find support. The timeline for this to actually...

Robi_Nitu

Hi guys, If indeed Elliot Waves theory works as good as I think then the target for BTC's dominance should be in between the blue lines designated area and come down to the marked levels. RSI bear div on the W seems to support this scenario. Happy hunting !

Robi_Nitu

Hi guys, Yesterday's correction came as no surprise for anyone. Price is currently trying to form a hidden bull div on the weekly, this would invalide the previous larger timeframe bearish divergence if it plays out. Maybe 36k is next. Happy hunting !

Robi_Nitu

Hi guys, Strictly as a "joke" (maybe not ) if we measure the move up from 2019 bottom towards the 2021 top and duplicate it we can measure the next move up that takes us above 1.8 mil $ BTC. Have fun with this one & tell me your thoughts :) NFA NFA NFA

Robi_Nitu

Hi guys, One of the rules for trend continuation in Elliott waves theory is that correction should't drop (close) beneath previous corrective wave. Although BTC's price got lower, on the total market cap of cryptos we actually had a perfect retest of the previous highs where the 2017/2018 correction begun. I marked thee happy/sad areas one chart for...

Robi_Nitu

Hi guys, I did a mega zoom out :) and noticed this trend line that has been tested multiple times in the past 8 years. Going above it now and maybe bouncing from it would suggest a fib extension 2.0 target in the 120-130k area. Tell me your thoughts, happy hunting !

Robi_Nitu

Hi guys, Seems we have a breakout & retest of the weekly 50 MA. If we manage to close above here we should follow thru to the 6000 area in the next months. Happy hunting !

Robi_Nitu

Hello my friends, We now have a potential bullish divergence forming on the weekly chart. In order for this to be valid RSI needs to move lower and make a LL while at the same time price needs to hold a HL. This can only be confirmed by next week's price action so no FOMO at this levels. Happy hunting !

Robi_Nitu

Hi guys, Please share in the comments why you would NOT consider this to be a viable scenario. It just needs 4 weeks to happen. Happy hunting !

Robi_Nitu

Hi guys, I'm grinding on LRC slowly. Next fib 2.0 extension marked on chart as second exit. Always use stop loss ! Happy hunting !

Robi_Nitu

Hi guys, I had another Fibo timezones projection that said 23rd of March would be a nice top for BTC. I did the last one in September 2022 before the FTX drama. It's invalid now. This is the updated one. Share your thoughts. Happy hunting !

Robi_Nitu Updated 

Hi guys, this is my trade setup for today, a breakout seems to be in the cards for BTC, I'm targeting the level marked on chart. Happy hunting !