Robi_Nitu

Robi_Nitu

hi guys, Bull: daily close over 39.500$ - target 44.000$ short term Bear daily close under 33.800$ - target 27.000$ short term Not financial advice

Robi_Nitu Updated 

Hi guys, my previous scenarios played out perfectly. Let's see what comes next. Bull : this was only the 4th macro wave and we are heading back up after a period of re-accumulation, will have to re-visit this one next week in order to make a more accurate calculus. Bear : we reach the support at the 28.000$ area and break it. Next levels are found at the 23.000$...

Robi_Nitu

Hi guys, seems my previous scenarios are confirmed ( see previous charts attached ). We are at a critical point, Bull : we get a daily close over the 44.000$ area and continue to the upside Bear : we break the 37.000$ area and head down. Supports are found in te 31.000$ area, 27.000$ area and lower at the 23.000$. If we ever get that far I think we will find a...

Robi_Nitu

Hi guys, ETH is a BEAST !!! This being said, I do think we are about to go lower and re-test the 3200 $ levels before any noticeable move up. Trade safely guys, this is not financial advice.

Robi_Nitu

Hi guys, it seems my previous scenarios from April played out perfectly. Bull : jump back to over 65.000$ levels and continue to wave 5 on the macro scale after an extended wave 3 and the ABC correction finishes. For this to be confirmed I think we still need to re-visit the 43.000$ area. Bear we are currently in the final part of the ABC correction, sub-wave 5....

Robi_Nitu

Hi guys, Egld broke up from the descending channel as we thought it would last week accounting on the bullish div spotted previously. targets a re shown on chart, we expect a re-visit to the 225$ levels if it can maintain the volume and BTC doesn't ruin the party. Trade safely guys, this is not financial advice.

Robi_Nitu

Hi guys, ETH has done an insane run over the weekend, I expect a retracement to the golden pocket situated at around the 2600 $ levels on the Fibonacci graph. Trade safely guys, not financial advice.

Robi_Nitu

Bull : close over 58.000$ Bear : close under 51.000$ RSI : confirmed bear divergence, price is going down Volume : sell volume increasing MACD : suggests more selling in the near future Elliott waves : seems my previous scenario is on point, wave C in the making Trade safely guys, this is not financial advice.

Robi_Nitu

Hi guys, As per my previous theory, we can see that while DXY is making a recovery, BTC's price is "consolidating" in the 55.000$ area. When DXY will break up into the Ichimoku cloud I expect BTC to go and visit the 42.000$ area. This should happen in the next 3-4 weeks. Trade safely guys, not financial advice.

Robi_Nitu

Hi guys, I see a nice V shaped recovery for EGLD from the median line of the descending parallel chanel. Bull : break outside upward and retest follow by a nice green candle to overcome the 175$ area. Bear : come back to retest the median and break to the downside (expecting a visit to the 110$ area soon) RSI - almost overbought, Volume : low Trade safely guys,...

Robi_Nitu

The altcoins market is over performing BTC at this point and probably will continue to do so in the following weeks. If the h & s pattern continues I do think we might get another visit at the 1900$ levels. Trade carefully friends, not financial advice.

Robi_Nitu

Hi guys, It seems like last week's scenario was very on point. I expected 5 waves down ( macro A ) and that played out. I expected a bounce ( wave B ) in the form of 3 subwaves ABC, that was also on point if we are seeing subwave A playing out today. Bull : close over the 57.000$ area Bear : we touch the 54-56.000$ area forming subwaves BC from wave B and continue...

Robi_Nitu

Hi guys, It seems that BTC broke it's ascending trend and is now correcting. I see an ABC Elliott waves movement, currently in wave A on the daily. Bull & Bear : wave B "should" back to the 59.000$ area follow by a trip to the 42.000$. When this is played out I will come back with a new analysis. Trade safely guys, this is not science, only drawings on a...

Robi_Nitu

on the 4 chart we spot a completed Elliott waves cycle where 160$ levels acts as bottom. bull : we stay over 160$ bear : we go under 160$

Robi_Nitu

Bull wave B off te ABC correction takes us to te 2470 area Bear continue selloff to the 2000$ area and further on to 1570$ area. Trade safely guys, tis is not financial advice.

Robi_Nitu

Hi guys although it's customary to present two scenarios I am leaning towards the bearish side of things in the short term. bull : we broke out of the ascending wedge a bit early I think.Also usually at the "end" of the cycle BTC goes overextended. In the sense of Elliott waves theory we are on the 9th wave ( overextended 5 waves) so this could have been it. We...

Robi_Nitu

hi guys, im in this now, bullish 4h divergence on the RSI + MACD divergence and selling going down + nice volume on the up move Not financial advice, for educational purposes only.

Robi_Nitu

Hi guys, if you follow Bitcoin's moves since march 2020 you will find that besides the halving effect we also got this massive bull run because of the dollar's weakness. At the moment we had a bit of a bounce back from the dollar, a move that didn't really shake out the bitcoin bulls, showing us that the demand is real for crypto. We're almost at the low side of...