Tough week for the Crude, so far we have witnessed more than 4$ drop in 2 days...
Now we are at the bottom of the tunnel and hitting daily MA50. It was exactly 11 $ since the top. The same happened in July.
I believe that we have finished with the sell-off and see a horizontal movement till the end of the week!
I will see how the market reacts to the report...
Wheat has failed 4 weeks in a row to break the 525 price barrier - the weekly MA20 which is in negative direction! If we look at the shape it seems that we will head up, but there are several reasons why we should consider shorting:
Weekly MA 20 just above 525 with negative direction
Daily MA 50 just above 525 with negative direction
We are in decline on the...
Last week we witnessed a massive sell-off or correction that was due! It is only the first day of the week but we can see a heavy support with higher lows, that brings the idea that we will will have a green week - mirror to the previous one. I think that we will return to the levels of 74-75 just by the end of this week and hit 79 $ next week.
I am in long...
NG is in a uptrend and I believed that the final cycle is reaching 3.25. Nevertheless we did not see massive dump so I believe that we will try to reach 3.45 lvls where we will face a big resistance and huge move down.
Monday must be a small candle in order to confirm the sell-off started on last Thursday. After that we will see a good movement up. At the end of...
After a huge sell-off it is time for the sugar to shine. We have a big 1 week candle and huge 1 month candle so far. But as it grew so fast and furious it needs to calm down a bit. I am proposing a trade based on RSI and closing top of the channel and 13$ . In the upcoming week we will move in the area of 12-13 $.
Short: 12.7 - 13 area (I have opened a short,...
We have a weak movement up but we have daily MA20 below us. I believe that we need to retest it before seeing bull movement next week!
Open trade 523 $
Target 510 $
Good 4:1 ration !
NATGAS is moving within a triangle, and it is expected a period of colder weather, so I can assume that we will have a price rise
Open position around 2.800
STOP LOSS 2.750
Timeframe - 1 week
Profit Ration 6:1
We saw Sentiment in a great bull run, but I think that in a day or two it will go down as rock! Overbought for a long time now, but still it has a final run toward 15$
Open Short position 14-16$
Stop Loss 18.5$
Target 1 - 6.5$
Target 2 - 3.5$
Timeframe - 1 week!
ETP has some movement from the bottom of 3$. We have reached the target of 4$ with 33% profit, and now it time to go higher.
Purchase area - 3.5 $
Stop Loss 2.9 $
Target 1 6.2 $
Target 2 15 $
Timeframe - 2 weeks!
In my opinion we will have a hype wave toward BT2. It is pretty much what happened with BCU back in the days. I have purchased some at 75$ and putting a stop loss order at 60$. There is a huge profit possibility here as it is really speculative market. At Coinnest this future is selling at about 600$ right now! Good luck!
We are facing one step of NEO correction pattern. yes we had a great run toward 45$, but it is time get down.
SHORT - 43-44 $
STOP LOSS - 50$
GAIN PROFIT: 31$
Profit Ration: 3:1
Time Frame: 3-5 days
p.s. I used NEOBTC as it presents better look on the trend.
BTG has reached heavy support and has one option - UP. Main factors:
Strong resistance on the top of the tunnel (previous one)
Bitcoin 4 day bullish run is at the end
Segwitx2 waiting is over today or tomorrow
Initial Sell OFF is done
Big focus - the public is still interested in the coin as it comes from hard fork split with Bitcoin
Purchase area - 150-170...
We are facing a bullish run with ETC, and we are now in the support area. My game plan is the following :
Buy area : 16$ -17$
Confirmation : 18$
Stop Loss: 15.5$
Target: 22.5$ (21.9$ on the conservative side)
Timeframe 1-3 days
I have a small short trade here. IOTA is one of my favorite coins because of its volatility so I see this opportunity.
It has reached a resistance level at about .9$ as you can see from the chart
SHORT AREA 0.86 - 0.9 $
Stop Loss 1.0 $
Target .61 $
Profit Ratio 3:1
Time frame ...