So I posted a chart on the 15th of July for a potential fall in bitcoin towards 9000 in the medium term which played out nicely.
A sharp rebound has happened but we are still in a range bound situation and for BTC to jump higher we need to close the weekend above 11,000 At least.
bitcoin is starting to show some signs of weakness however its not over yet based on its history we can expect a sharp rally towards 11800 if that area holds than we have more upside to come however, if it is unable to close above that level over the weekend than my bets are on the down side towards 9000 area in the short term.
natural gas ( natgas ) is nearing a possible end to the downside. Has been murdered since the start of the year but is eventually about to hit a strong resistance level to change its course towards the Upside. 3 entry levels for long traders.
(2.3,2,1.7). Exit points (2.9,3.3,3.6). break of the long held trendline can really turn this rally into a rocket bull run...
WTI Crude oil looks to give out a reversal. Too much resistance ahead. 40 is the ultimate low point if things doing turn bullish geo politically. but i am all in for a rally back towards 76$ from this point. However it can fall to 42/40 in worst case scenario but upside is too big to miss from here.
The endless wait might just be over for Ether fans. We can see a strong pull back from 2 levels. 77/45 we have touched 79 once before bouncing off to 90's but slowly retraced back to 80's. This area has strong support and can certainly bring in institutional investors to push ether back up towards 300 range.
Dax 30 is forming a potential upward Rally, key entry levels 10600/630 up to 11200 1st target and 11400 2nd target.
It can fall another 2-3% but will be looking to close the down gaps by month end. Stop loss 10450/500. Risk Reward Ratio 1:6
100 point loss to 600 point gain.
XRP has fallen into range bound situation and can expect to decouple from BTC if the situation stays the same for some time.
We can potentially see a massive spike in the price of XRP from 3 levels mentioned on the Chart. all these levels have acted as resistance in the past as well and 1 out of the 3 should hold strongly. The price can actually fall towards 0.17...
Too fast too much. Strong Pull back is on the cards from here to close the gap around 170's. ABC wave in play, Expect 50% pull back going into next year. before we see another massive sell off. but till than 200-220 is possible if Nasdaq or markets in general hold steady.
I posted a chart on 10th MAY, WTI can potentially reach 76/78$ before it drops .. The long term target has been hit, More downside is really temporary for me right now. Worst case scenario is $48 but 51.5/52$ should hold strongly. I expect a massive upside upto $100/104 from here. Not maybe would agree to that but I would be loading up from 53/51/48. everytime it...
I have been posting BTC SHORT charts for over 5 months now from 10,000 Level to go short till 4300/3600/2800.
Too many Hodlers are going to feel the Pain for holding for so long. If you are a crypto fanatic, Dont watch whats about to go down. They will break the soul of the bulls this time all those inexperienced traders who thought 10k will never break, 6k will...
If current fall holds this level of 11800 than This can potentially go back towards the 12600/12900 level. Due to trade war, Brexit, italy and several other factors it looks highly unlikely for this to take place but markets have always been uncertain so I wouldnt disregard this potential long. ideally I would put a stop loss at 11700 and long from current price...
Palladium hits 161% fibo level after a strong bullish rally. We can expect some fall back towards 23% - 38% fibo if it is unable to break the resistance above 1085. Short play take profit targets 1030 - 990 and Stoploss 1095.
HENGSENG was a screaming buy after it collapsed towards 26000. I was strong bull after those levels and went long till 28000. I do see slight pop up towards 28150/200 and close the gap before we start to see some more downward correction.
In my previous DAX call I recommended a buy till 12400. It has passed that level convincingly and might even look to go towards 12500/680. However I do expect a fall from those levels back towards 12200/140. but for now I will stay on the sideline and watch what it does.