CryptoSlayerFX

CryptoSlayerFX Updated 

Pretty simple here. View highlighted rejection. Follow arrow. Buy in highlighted circle. Links below for other cool ideas.

CryptoSlayerFX Updated 

Pretty simple here too. Just using one hour chart to check on 4 hour $44k rejected theory (link below). I do think BTC will seek to meet the 200 DEMA, not sure if it is coming up faster or BTC is going down faster. Although the hour is starting to look bearish and the strongest hour of volume during the last four is a sell hour, it looks pretty neutral at the...

CryptoSlayerFX Updated 

Just a quick thought here... Have been watching ETH action all day and it seems like on the one hour and four hour charts that ETH wants to drop down to find support and its 200 period average. This is a short term short sell play, very risky, not financial advice.

CryptoSlayerFX Updated 

BTC has had a hell of a 48 hours. It's time to rebalance and retrace. We can expect margin and levered accounts to sell their positions and take gains. I have highlighted the area where it makes sense to re-enter into BTC. $40k and below. With all of the momentum going right now, higher lows being set on long term charts, I expect to see BTC at least around...

CryptoSlayerFX

I have displayed two scenarios. The green scenario the bulls keep control and push BTC this weekend. The blue scenario involves a bit of stalemate/range war. See related ideas below on BTC and ETH

CryptoSlayerFX Updated 

Ethereum like Bitcoin will spend the next 8-12 hours retracing. I do believe it will set a new higher low and continue back up towards $3200 which is an important resistance zone. Check link below for my Bitcoin retracement idea. I will be buying these dips. This is not advice. Trade at your own risk.

CryptoSlayerFX

I believe with some volume LUNA will be seeking its long term support here around $60

CryptoSlayerFX Updated 

Doge appears to be trading in a channel. Basically when the candles become short and stubby and have wicks on both sides is when we start to see a break in pattern. Right now just missing volume If you check my record for calling trend changes you will see I've called with over 90% accuracy. My guess on this one is up. Mainly because it does seem like most of...

CryptoSlayerFX Updated 

I am seeing evidence build up on this one... 1. ONE is now trading strongly above 10 10 EMA+MA and to boot MA (green) is on top of EMA (pink) EMA is more sensitive to price movement, so when the simple is on top it is a bullish signal. The signal is even stronger since we are looking at 4hr not 1hr candles. 2. MACD is above zero and above signal which is below...

CryptoSlayerFX Updated 

Ok it important to know this before hearing my analysis,. if you have followed me or read any of my analysis you probably would assume I am a bear. Most of my time spent in the crypto domain (and in traditional finance) is spent on educating clients, friend, family and even strangers on the internet on technology (as I am a full on nerd and technologist + I had...

CryptoSlayerFX Updated 

Long wicks on top during periods of strong volume shows signs of strong rejection Right now looking at a spinning top neutral candle with 30 mins left in this 4 hour period which has strong buy volume. Weak price action with decent volume tells me that bulls are starting to capitulate observe 4 hour buy periods v 4 hour sell periods and compare their...

CryptoSlayerFX Updated 

I’m not sure why because the crypto market is underperforming right now but Algo seems to be in a spot as far as my technicals are concerned that would indicate a move upward toward its 4 hour chart 200 DEMA. I AM NOT ADVISING THIS RISKY TRADE …. Please trade w caution

CryptoSlayerFX

Based on what I am seeing here in the one hour chart candles, I am expecting at least a short term trend change..if not a short term then we are looking at a possible break towards a new local low. The short stubby candles and relatively long wicks on each side indicate a range war to me. Something has to give. It is possible BTC goes up here as well. I am...

CryptoSlayerFX Updated 

I have posted all relative information in text on the chart. Check linked ideas to see how we got here. I may open some long contacts on ETH and BTC if signs of health keep adding up. *Trading cryptocurrency is risky, trade at your own risk.

CryptoSlayerFX

I dont have much time, I will update this. What looked like a promising four hour candle just unraveled when the US stock market opened, now you can see we have this spinning top with 3-4 sell periods behind it. Not good for bulls. Check linked articles for how we got here.

CryptoSlayerFX

Bitcoin is starting to show some signs of a healthy recovery on this one hour chart. It appears we may have gotten the V shaped recovery we wanted. The volume is teetering off so it will take some time before we know for sure The MACD is above the signal line and even though they are both below zero they both seem to be on an upward trajectory. The relative...

CryptoSlayerFX

I have posted all relevant info on the chart. I will also link my other published ideas showing how we got here and what I think about the future price action on bitcoin. It seems to me Bitcoin has either found a bottom and a trend change is in order. OR Bitcoin will get pushed down to $33,000 zone and get support there, where the same process will repeat. I...

CryptoSlayerFX

Short liquidations are building. Greedy short sellers may possibly cause Bitcoin and the crypto asset class to move out of this zone it entered today when panic selling occurred Notice on the chart that BTC is no longer being sold out of the bollinger bands. And wicks are growing on the bottom of candles. This is a sign that we have quite possibly reached the...