shaxrashid

shaxrashid

at this point #alibaba looks one of the better stocks to gamble in the NYSE. stock is 60% down from the Top. has hit a resistance level just yesterday and might be looking for a small bounce from here. the Ideal scenario for me is if the stock just dives down further towards 90/100 Area that is a major major resistance area and will make a huge comeback from that...

shaxrashid

if people still think its hard for Dow or the indicies to go up from here again than im sure markets will amaze everyone for the 100th time. markets are in disconnect for the past 6 months and no reason it cant stay that way till year end. Dow might be down for the week but has very strong support at 26,500-27,000 area. going long is a much safer bet considering...

shaxrashid

technically this is a good trade for a quick buck. median value is 26 its currently traded at 14. down side 10% upside 80/100%. market is trying to stablize and find bottom so we can see price go up fairly quickly due to increased volatility.

shaxrashid

BTCUSD is testing some range bound resistance. Ideally it should give a 1000 point bounce towards 9200/9500 before heading towards 7000/6400 Area. which will sit between 61% to 78% fibo and some trend line support (in the short term). from there it should do the exact same bull run it did the previous times and go over 14,000 and MAYBE towards the ATH's. A little...

shaxrashid

Too much resistance ahead around 7400 7000 6850 area. can go side ways for sometime before another leg down.. 7000 is the level to watch .

shaxrashid

S&P 500 is gearing up for a possible downfall towards 2500 Area before it bounces back towards the 3000 YTD Mark.

shaxrashid

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.

shaxrashid

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.

shaxrashid

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...

shaxrashid

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.

shaxrashid

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.

shaxrashid

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.

shaxrashid

ASX200 hits 50% fibo on Daily chart, closes right above the trend line on pitch fork and sits right on 200 SMA. year end 6000 level forecast!!

shaxrashid

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...

shaxrashid

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.

shaxrashid

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...

shaxrashid

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...

shaxrashid

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...