Await the pullback to enter short on nifty. We have a strong bearish trend in line to capitalise .
BTC is right now stuck between $11500 and $9000 we are very strong levels for BTC. A break of either of these levels would give us a sense of direction for BTC. However that said if we close below $10500 this week we can see the prices going back down again.
We have failed to break below $0.30 for quite a long time, I am expecting this region to add more buy orders into the market which will push the prices higher. However if we fail to bounce back from this region ($0.30) we can expect the prices to fall back to $0.20 where people might add more buy orders.
We might see a very short term downtrend followed by a strong bull move. This is however a long term perspective, Crypto markets are highly volatile so invest and trade safe.
We might see a short term bull run followed by a strong bear run. Trade safe.
Next level for GBPJPY, Before taking any positions await the daily candle close above 153.70.
If this week closes with strong selling strength we will see 24000. FUD rules. Probably an interest rate hike soon to stabilise the situation ??