ritubpant

ritubpant

Everyone seems to bearish at the moment but I think this is just a much needed correction. Things were moving a bit too fast and needed to cool off a little. Hopefully, now the upward trend will be a little drawn out so it is sustainable. Anyways, 1 inch looks bullish to me as long as it breaks out and hold $2.52.

ritubpant

Looking at the way things are playing out, I think we might see $300+ for $LTC. If you look at the chart and match the numbers, you'll see the current pattern is exactly similar to what happened earlier in the year. We could either see $300+ if the third peak ends up being as high as the second one was from the first one (31%) or it might end up not breaking the...

ritubpant

See notes on the chart. I think there's more to come and while everyone is turning bearish I think overall crypto market has one more leg left. Not financial advice.

ritubpant

So everything suggests that $MATIC is going to the moon or at least reach a new ATH soon enough. As we can see in the chart, it broke out of the triangle but if we look at the RSI and the price (red dotted lines) we see there's a regular divergence which suggests a reversal, a bearish one. Also, if you look at the past retracement, it seems that it likes to pull...

ritubpant

If you look at the chart, we see that there's a double bottom which has been confirmed on the hourly chart. Also, it's following the exact same pattern as it did before it hit ATH last time. It seems like we are in the exact same path. Things could change since it's crypto and we all know how that goes but there's no denying $SOL will see it's ATH soon and most...

ritubpant Updated 

Given how far $AVAX has gone down compared to the rest, I think the bounce will be equally impressive (not as impressive as $SOL but maybe close). It all depends on $114 acting as support and then off we go. I am adding more here as I think the benefit outweighs risk here. However, there's a very good chance we head to $100. Going to take a chance here by going...

ritubpant

Obviously this is all an assumption based on what I think might happen. I am proven wrong more often than not. But looking at the past trend, it suggests that $SOL is following a very similar pattern and might be on its way to an ATH. The key to all this (at least for me) is that it stays above the current support at $183. If it goes below, I wouldn't be surprised...

ritubpant

Looking at the daily chart, there's just a huge bullish hidden divergence. You can take the swing low from any point in mid/end of September and connect the lows and the Prices are HL and RSI is LL which indicates a bullish continuation of the trend. If we can get the breakout on the triangle, that might just confirm we are going to take off. Also, if you look to...

ritubpant

While everyone seems to be bearish, it looks like $BTC is aiming to hit the ATH pretty soon. Currently there's a bullish divergence on the 4 hour chart. If you look at the left, there's a similar divergence that happened when it touched the support line and then bounced to hit the ATH. It might just play out similarly this time but most likely with much higher...

ritubpant

This is starting to look pretty good. If we get a breakout, it shouldn't be too long before we see $5k. $4,385 is a key resistance. If we break that point and can hold it, off we go IMO.

ritubpant

Looking at the 4H chart, there's a inverted head and shoulder forming. If it completes, we will also have a breakout on the triangle. I think $4,386 is a key resistance and bulls need to really take hold once we cross that point. bulls just haven't been able to hold the line past that line. Positive scenario where a breakout happens, my PT1 is $4,794 and PT2 is...

ritubpant

This might not play out but there's a possibility we will see upward trend continue. Price showing higher lows and RSI lower lows.

ritubpant

Bullish divergence on the RSI suggests a trend reversal. Might be a good time to enter. Not financial advice.

ritubpant

Current hourly chart sows prices in the higher lows and RSI in the lower lows which suggests a trend continuation. Hopefully, happens.

ritubpant

Looking at the $SOL daily it seems like it's pointing towards a down trend. Just something to watch out for.

ritubpant

We might see $300 today or tomorrow if there's a breakout. Bears and bulls are both fighting for life here and it seems so far bulls are still in control. Just need a bit more volume and we should be there. If it goes below $265, I will exit my positions and get back in when things look more favorable. As of now though, things look pretty good. If we can get the...

ritubpant

Be careful entering a position as there could be further downside with the bear flag forming.

ritubpant

I think we are going to see downward trend for the time being. Updated price target