manishchhetri

manishchhetri

Impulse wave 1 and 3 are of equal lengths, expecting wave 5 to stop between .78 - 1 extension. Max target of 560 for this impulse wave. Wave 3 is generally the longest but never the shortest, since wave 1 = wave 3, i am not expecting wave 5 to go beyond 1:1 extension of wave 3.

manishchhetri Updated 

Etherium has completed a 1:1 retracement and has set up 2 support levels at 514-516 and 519-522. It has completed the ABC correction with 12345 sub waves. Now it is going through a flat correction and bouncing off support levels. Nothing much to do here and watch if it continues to play off support. The RSI indicators are looking good, if it can break the...

manishchhetri Updated 

Etherium completed 5 waves and bounced of FIB 38.2 level of ABC. Is this the end of the correction? We will see. Ladder in buys at 563-545. Stochastic RSI showing oversold conditions and bollinger showing price is cheap right now. These two indicators say it is going to go up.

manishchhetri

Etherium has started its next impulse wave. Expecting it to hit 583 before resistance sets it. The 1.618 levels and the resistance levels are quite close - 581 vs 583. I am expecting it to bounce of 580 though a whole number. It is about to break out of the bollinger upper limit, so the climb should be quick.

manishchhetri

CNIT has shown over 78.6 % retracement and the bollinger bands are contracting with oversold conditions - indicates, we could be seeing a breakout very soon.

manishchhetri

BTC - Impulse wave complete correction waves starts. This could be part of a bigger impulse wave, but there is a correction wave starting. Expecting a 50-61% retracement

manishchhetri Updated 

CLSN is near breakout. Higher highs Higher Lows RSI bouncing off in the bullish zone 21 and 55 EMAs just crossed over

manishchhetri

NEO measured move down continues, with 21 ema as the resistance. RSI showing oversold but now hitting above 30 RSI on the 4 hour chart wait for a bounce and a 21 EMA resistance break for entry.

manishchhetri

NEO has a measured move down and has been consistently trying to break above the 21 EMA which it has failed. RSI showing extremely oversold. Enter when there is a bounce on 30 RSI or candles can go over 21 EMA, which has formed resistance.

manishchhetri Updated 

CNIT nearing start of wave 3. If there is a bounce on the RSI and a breakaway from the wedge, we are good to go. Enter if it breaks the wedge upwards. It is testing critical point right now.

manishchhetri

#LINU has shown to bounce off at 78.6% fibonacci level. It has hit that level again. It is set for a bounce now, else it retraces back 100% which is the next level of support.