Robi_Nitu

Robi_Nitu Updated 

if this plays out we could see the 19.800$ levels once again, it might be a while but I think this is the healthy correction we have been talking about.

Robi_Nitu Updated 

If we are indeed in an ABC correction the levels to watch are 28.000$ and 24.000$. An invalidation comes If we break 38.500$ and will probably see 47k in the next couple of days.

Robi_Nitu

Bitcoin is about 41.000 $ breaking out to the upside from a rising wedge (maybe fakeout?). Yesterday we had a quick correction that should have been a larger one, in my opinion, but was quickly bought up. As I said in my previous ideas the RSI is heavily overbought both on weekly and daily timeframes, I still expect a correction in the following 3-4 days ( due...

Robi_Nitu Updated 

Hello my friends, Bitcoin has now charted a double bear div. The big one you can consider it to be on the daily timeframe, the second on the 4H timeframe. This is confirmed, the effects should be felt in a couple of days, 1 week max. the inflow of $$$ seems to constantly invalidate my trading ideas on this, the total crypto mk has passed 1 trillion $ against all...

Robi_Nitu

Hello my friends, it seems the stablecoins inflow has driven the prive of Bitcoin into the 34.000 $. This rally is exactly how the king of crypto moves, against all odds and against all technical indicators. We had multiple bearsish divs that didn't play out on the 4h chart and a big one onthe daily. Nothing seems to stop Bitcoin's rally. I am still in disbelief...

Robi_Nitu

ETH is following Bitcoin's moves closely, we will probably see a correction in the near future, the levels to watch are 520$ and 480$, if these are broken the 380$ level is on target

Robi_Nitu

Hello friends, we an easily spot a "huge" bearish divergence on the BTC/USDT daily chart, also we're starting to leave the overbought levels. Although this is a clear sign of a reversal, daily divs take some time to ^lay ot, so patience is the key word when entering a short position here . Will update on a weekly basis.

Robi_Nitu Updated 

Bitcoin just had a drop to the 17.600$ levels on Binance and bounced back quickly now trading at the 18.200$ levels once again. Since the drop was not followed by a big change in the total marketcap it's starting to feel like a very elaborate bear trap. We will see if this is the case in the following days.

Robi_Nitu

Bitcoin had another 1500$ spike in 5 days. This is the second 1.500$ spike we see in the last two weeks A correction should follow A healthy correction means a retracement of about 700 to 900$ - this already happened yesterday, when Bitcoin reached the14.800$ levels Bull - Bitcoin needs to revisit the 13.000$ levels and bounce

Robi_Nitu Updated 

Bitcoin is king. So everything that moves around in the crypto space is heavily connected with Bitcoin. When Bitcoin moves, everybody dances. That beig said let's see what happened this week ( 28 September - 4th of October 2020) and whats coming next: Bitcoin held against the news of BITMEX's founders being charged by CFTC and President Trump being diagnosed with...