ManishArora

ManishArora

We have hidden bear div on 4 hour, but we could squeeze some shorts first. If we breakout form red line green lines are the possible path in yellow rising wegde. Long with tight SL (6380)

ManishArora

Current Indian Govt will try keep value of rupee (INR) in control wrt to USD as it is a political issue. But they cant control free markets. Take long on break of 70 target 76.5 currently this is a no trade zone

ManishArora

Market is showing weakness, A big move is expected in next few hours. Bear div suggests move likely to be a red candle, Any longs should have tight stoploss We have stoplimt orders on both sides, which will execute on break of triangle depending what move will unfold

ManishArora

We have broken the red symmetrical triangle of indecision and entered a bear phase only thing that can stop this downfall temporary is the yellow downtrend line. We will have some good support at 5200-5400 levels on yellow line, which would start a possible rally to 7100-7200 7100-7200 levels have strong resistance, long term view is of 3500-4500

ManishArora

Downtrend is nearing to its final stages, We could fall to 5500 -5600 levels then a rally to 7200-7300 levels is possible. There is strong resistance at 7100-7200 levels and it wont be broken easily Using Pitch fork we can see that there strong support is in 3000-4000 area and markets will stabilize in those ranges and accumulation will happen for a 6-9 months

ManishArora Updated 

a likely scenerio

ManishArora Updated 

Plebs stay safe, this time it would work

ManishArora

After Parabolic rise there comes prolongated bear market, bitcoin is famous for faking moves and this idea captures that, bull flag will break to 11000 and then there will start of bear market those levels(the rally may extend 5%), when everyone goes euphoric again and this will start the 2nd stage of bear market.

ManishArora

We all know ETP is one of the most undervalued coin and a direct competitor to NEO, it has a high of 6.0 and has been consolidating since than. The development is active on GitHub and there is Supernova Airdrop coming in month end. This could take etp to at-least $2.0 or further to more ambitious targets like $3.5. Enter at 1.2 SL 1.0