Nitin0679

Nitin0679

notes on the chart. I guess on daily RSI, 40 support is going to be taken off probably today or tomorrow leading to lower levels at 37 and 27 levels. The bounce on daily from 9500 levels was short lived. One more test of triangle support would I think break it to lower levels as volume on the last bounce was much weaker than previous bounces.

Nitin0679

massive H&S in making with potential targets close to 7000... if macro economic indicators are of any importance, recession will hit mostly likely in 2020 and expect stock markets all over to bleed slowly and steadily.

Nitin0679

Possible targets... Volume is not convincing though.

Nitin0679

Reasons marked on chart. long positions should open on wedge and RSI breakout on 1 Day closing only

Nitin0679 Updated 

Assess the levels at each option intersections at wedge/triangle

Nitin0679

Possibilities

Nitin0679

should it break trendline support as indicated in the chart and close on daily would mark the start of ALTSEASON. Until than stay long in BTC

Nitin0679

Next wave down towards 9700 Invalidation above 11500 on daily closing. Above that BTC should test 12300... The entire setup invalidation is 13000 USD

Nitin0679

Still 5 more days for RSI to come back else we are looking at much lower levels...

Nitin0679 Updated 

- it's a buy on dips. no short sell - RSI 84... overbought... needs to either break it or cool down...sideways to lower bias - 11700 should hold on daily for momentum to continue - resistance at 12800 tested.. need to see - Shorts on bitfinex have fallen considerably. sign for market topping out for some time - funding on bitmex has reduced to 0.01 from 0.26 %...

Nitin0679

See the notes on chart for details 1. Breakout most likely on or before 1st July. 2. Coming Monday should start next leg of up move Reason : 1. RSI on 1D corrected from 80 levels 2. BTC correction is led by low volumes on daily 3. Bullish pennant in formation. Break is going to be upwards most likely weekly and daily break below 10,400 would invalidate the...

Nitin0679

- It's price discovery so no one knows where it will go - 50K is huge psychological level - RSI on daily is at resistance. Time to be cautious - If suppose RSI breaks this resistance it's going to go till 87 marking levels of 50K on $LINKBTC

Nitin0679

If it breaks 0.025, another 20% downfall on the cards.. keep tight stops on daily closing

Nitin0679 Updated 

i think it may have a thick green wick sometime soon... stop loss 1100 sats

Nitin0679 Updated 

just follow the targets. Moneygram buyout rumor came exactly when it was about to breakout :)

Nitin0679 Updated 

- broke out above resistance of 58.something ... on it's way to have a daily closing above 60 today or tomorrow. - still moving in a symmetrical triangle - next resistance 62. something... - i feel BTC would touch 10K and confluence with btc dominance at resistance 62 levels - rejection at both levels giving room to alts to breathe. another mini altzseason... -...

Nitin0679

Please see the analysis in the chart for the respective weeks where XRPUSD had a massive run since 2017.

Nitin0679

- third attempt to break 0.10 - FA - Shelley testnet released by Cardano team this week - Once 0.10 is taken off, path of least resistance is towards upside. - 20-30 % returns in the short term