nitish6041

nitish6041 Updated 

BTCUSD appears to be forming inverse Elliot Wave and we should be currently in wave 5 where the entire market sentiment is negative. As predicted in my another chart recently published, the right shoulder bottom of ongoing BTC H&S pattern is still to be formed and Wave 5 should reach till the range of 6666$-6450$ (linked below) which should form the right shoulder...

nitish6041

BTCUSDT is yet to form right-shoulder bottom. The selling pressure has recently increased as can be seen with increase in number RED volume lines recently. MACD is also bearish looking to go south. There will be a fall to 6666$-6450$ level and a quick touch and rebound back to this level from as low as 5800$-5700$ is also quite possible as the three light blue...

nitish6041 Updated 

XMRUSD to reach a price target of 513$ by 27th Jan after which it would take downward trajectory.

nitish6041

LTC seems to be under huge correction mode. It seems it is in Wave 4 phase of Elliot Wave and appears to be moving in a diagonal triangle where its forming a 5-3-5-3-5 triangle. We should be currently in leg C of Wave 4. The Fibonacci levels in the chart are showing the retracement levels for each of the legs A and B already finished and anticipated to work for...

nitish6041

Update to my previous idea WAVESUSD: Buy Zone: I see a Wave 4 phase of Elliot Wave formation for WAVESUSD. We should be currently in the E leg of Wave 4 and should expect a breakout from the 3-3-3-3-3 triangle in the beginning of the next week leading to Wave 5 phase. Once the breakout happens, we can expect following targets: Target I- 18$ Target II-...

nitish6041

WAVES should continue to oscillate in the triangle for next few days and move sideways as supported by no volume in Force Index, bearish SAR and MACD. Even if it breaks out of the triangle, it will meet strong resistance at 38.2 FIB, once it breaks that it face significant resistance at 50 FIB. Chances of reversal from these two levels seem to be good. But a...

nitish6041

Expecting a breakout in coming few days, possibly on this weekend if not before. Especially with all the upcoming news for BCH next week, prices are expected to surge. Target I - 3950$ (Expecting resistance to be offered at 61.8 retracement level) Target II - 4500$ Target III- 5300$ (can reach upto 5600$ where it would face resistance) Disclaimer: Novice...