ManishPrakash

ManishPrakash

BCH is showing a good bullish setup, with bitstamp also announced support it's a good sign. But still we are at a very neutral price level. Short term and long term trends are bullish but there is no bullish confirmation yet. We had a very similar setup previously as shown in the charts, but BCH failed to breakout mainly due to BTC. BTC is still a very critial...

ManishPrakash

BCH showed some strength yesterday, but the movement of BCH still closelyfollows BTC. BCH touched 1650, then crashed to 1420 along with BTC. Currently BCH is consolidating at 1530 support, which is a good sign. We can expect a pump again to break out of the wedge or it can go back to to 1350 support levels. I am very neutral right now and holding my coins. If...

ManishPrakash Updated 

BCH an BTC are almost having an almost propotional relationship. When BTC goes up BCH goes up and vise versa. This starter after BTC crashed on 29th from its height taking BCH down with it. before that there was an inverse relationship i.e BTC goes up and BCH comes down. If we take a look at BCH/BTC charts it formating a triange and looks bearish. Right now...

ManishPrakash

LTC bullish again

ManishPrakash

Looks like BTC bounced of previous trend support and correction is completed? Or is it just a small bouch and BTC will fall back in bearing trend. Lets wait and see.

ManishPrakash

Just an idea, lets see how it plays out

ManishPrakash

BCH is just getting hammered down a lot due to BTC price action. Yesterday night it just fell 200usd in matter of minutes. But if we look at the larger picture we are still in the 4th wave correction which is just taking much longer than expected due to btc. I think we should just hold and wait this storm out till btc stabilizes. But these are very risky...

ManishPrakash Updated 

BCH is moving into a bearing wedge. Showing good support at 1400 levels, lets hope it breaks out of this soon. It all depends on how BTC moves, BTC is making new ATH every day and all new money is going on BTC. Unless BTC correct i don't see much movement in BCH. So right now i am just 'hodling' BCH and hoping for a small BTC correction soon.

ManishPrakash

Another BCH channel, its forming a nice bullish channel

ManishPrakash

We had a breakout of XRP yesterday, if it holds then we should see next resistance at .28 but it important to hold resistance at .258 or it might fall back into channel

ManishPrakash

I belive we are still in bullish mode, market is going sideways but still target of 2100+ is active. Market is showing good support at 1645, hopefully is bounces back from this. All depends on how BTC 0.23% plays out. Market already tried to breakout yesterday night were it touched 1770 but it was brough back down, but it held up very well at support levels....

ManishPrakash Updated 

ETH consolidating and getting ready for next push

ManishPrakash

BCH Possible Double Top?? what do you think?

ManishPrakash

BCH Possible Double Top?? what do you think

ManishPrakash

Let's if XRP breaksout of its triange. ALl other coin have broken out, lets wait for XRP

ManishPrakash

Still bullish on LTC. But LTC should correct in the short term for the next upwave to 3.616 or 4.236 fibs

ManishPrakash

Long term ETH is bullish, but in the short term its difficult to say if we are in the 3rd wave or 5th wave has completed. If 5th wave has completed we will see a correction before another push, if still on 3rd wave 524 is the next resistance. Anyways a very good long term setup My 2cents :)

ManishPrakash

First elliot is completed. a little more consolidation and ready for next pump