xTako

xTako

SPX has been up only since crossing previous ATHs. Q1 just closed and Q2 day 1 is closing below the closest weekly levels. Don't fade an upcoming price expansion (or 2) in this month. Immediate key downside support for SPX is the prev ATH, which is 9% under from here. Invalidation - SPX daily close at ATHs.

xTako

Hope you made good of the shared longs on Doge, pepe and the crypto market in general. Crypto Marketcap wicked the key level of 2.161T today. This was the weekly key level pre SBF intervention. From this level, the weekly levels are both 30% away on both sides. This is the time to watch and take positions along the direction the price action moves. ...

xTako

When the TOTAL3/TOTAL breaks the yellow line (next week?), Altcoins will make major upward moves. You have the best opportunity today to go levered long on it in this weekend. Dont squander the opportunity.

xTako

Doge accumulated for 45 days straight. Today the BB upper broker signalled an upcoming repricing. The Memecoin days are back. Time to long your longs. Add a long everyday.

xTako Updated 

Reliance trades to Nifty. Whenever Nifty moves down, it comes to support Rel/NF has moved past weekly resistance and is now targeting previous weekly highs 15 to 30% up from here Trade - Long Reliance, Short Nifty Equal size, but large size. Use this ticker - reliance*2000-nifty_50*250 on TV to track PnL

xTako

If you're in the India PSU trade, they have run up significantly recently. Even if they want to continue the rally, it is probably time for a weekly tf drawdown. Pharma on the other hand has been rallying up. I have rotated from PSU to Pharma. There is 25% upside in a few week timeframe. Short Banks, long Pharma and Commodity based equity may be a good trade.

xTako

The last time SPX crossed the weekly supply, there was a 10% multi week drawdown. The pattern follows now and being a even more significant level now, be ready for 4217 in SPX in a few weeks, before any weekly uptrend. Invalidation: Weekly SPX close above 4766.

xTako

Pharma hasn't participated in the recent NIFTY rally Pharma has started to breakout of the key levels Pharma next target is the marked key weekly level in yellow, around 15% higher. Keep the pharma longs. If you want hedge, short the nifty equal size.

xTako

Eth and it's eco is starting to perform. ENS here is a giga performing bet. Suitable for high leverage and a big target.

xTako

TOTAL Mcap has never closed below 3d line break in a while. Facing a narrative of ETF approval and 5% remaining gap can be eaten up. Prepare for a 15 to 20% drawdown following, the time to acquire Longs. Because within 2024Q1, it is all set to surpass 2T, or 40% up from current levels. The dump following the ETF news is a golden opportunity. Don't miss it!

xTako

What happened - There was a Crypto Long leverage flush this AM. This wiped lot of high leverage positions and cooled down the funding rates across the board. What's in it for me - Thanks to these leverage flush, you have the best gift available to long the alt coins right now. 28.6 key level was taken in the flush and it is being reclaimed. I will bet huge...

xTako

SPX at such a critical junction, so suitable for a high leverage trade. Within a week, expect 4800, or a 4% move. Invalidation: Daily close below daily demand at 4568

xTako

BTC/SPX broke-out of a weekly supply zone at 8.65 this beautiful monday morning! Short term, this will at-least go to the next weekly station 30% higher. Suppose that coincides with SPX to ATH at the YE or in Q1, that would mean a BTC price around 55 to 60, or a 50% upside from here. Long your longs gentlemen. This is the time to YOLO! Caution: Convincing...

xTako

SOL trades to ETH; not to USD. SOLETH moved from 2% to 3% in a ziffy. By the looks of it, all set to move to 6%, or double in some time. This consolidation is a good time to bid. 2.131% at the weekly demand zone, is a great place to get a high leverage position. 2.131% (or 21.31 in this chart) was the lowest it was before the FTX saga. Not going...

xTako

What did the world just witness over the last few days? The Social Capital of Sam Altman now compared to what it was even a week ago is easily 10x. WLDUSD to 25 in the near term, who knows may even be 250 in the bull market. Bid it now, and keep adding it along.

xTako

Between Feb '19 to Aug '20, Gold did a +70% return, when the central banks started money printing. Gold is the first honest responder. It is starting to take off. To me this indicates both - Central Banks are starting to print hoards of money and that Gold will probably move much higher.

xTako

Total1 has moved up 42% in this rally with a volume spike at the top. It makes sense to retreat here, and at the worst case get a bid at the previous weekly demand levels of 1.14. The Binance news that broke yesterday might have layers and take the price to the bid level. If a reversal happens at around that price, that is a point to put on significant leverage...

xTako Updated 

Continuous ascent from 20-Mar of about 20% gain, without any weekly pullback. Weakness exhibited on 21-August. Current levels are below the August weekly close. On 26-Oct, likely to test 19233 for expiry. Price over 19233 looks temporary and a good spot to accumulate Nov shorts with targets at 18646, 17900, and 17200. 18350 Puts are also well priced...