CantorTechnologies

CantorTechnologies

Hello, I am looking to short this rally at the next opportunity. Since the last post, the trend has changed to downwards and with enough volatility to make the trade seem like a good idea. I will probably take a short position in the coming days. Don't be stupid, Shkreli

CantorTechnologies

Hello friends, I am bullish bitcoin and in particular I have just placed longs at 10160. My bias is as bullish as I allow so my bet is currently 5% with 9600 sl. Good luck and don't do anything stupid, YS

CantorTechnologies

Hello friends, I have been quite bullish on bitcoin recently, and in my last trade, I entered at 9800 (bought the day of the green arrow) and sold again at 9800 (red arrow). I closed my trade as per my strategy regardless of my stop not being hit. I wasn't super happy to close it at the time because it felt a little premature, but as I hope I have made clear, I...

CantorTechnologies

Hello friends, In the last post, I went long at 9800. The trade was going well but this morning I woke up and saw that price was not doing as it should have. My stops were actually not hit, but by my metrics, I should not be in the position anymore. This does not change my outlook, but I am a cautious trader and so for now I am on the sidelines. Good luck and...

CantorTechnologies Updated 

Hello friends, I am currently long bitcoin. I believe the trend is up and the best way to bet is in that direction. If there is going to be a massive move in the near future, I expect this to be the start of it. Good luck and don't be stupid, -YS

CantorTechnologies Updated 

Hello friends, I have gone short again from 7350, I am expecting to hit the levels marked in the chart. However, I have reduced risk as the volatility has been reduced and therefore that reduces the expected value of the trade. I would not be surprised if we go up from here, but the trend is down and that's how I trade - I don't care about what I "think" will...

CantorTechnologies

Hello friends, I was shorting bitcoin and I still believe we are headed lower, but unfortunately, price action is too scammy for my poor pnl to handle so I am sitting on my hands for now. Good luck, don't get scammed. -YS

CantorTechnologies Updated 

Hello friends, As you know, my medium term perspective has been bearish and now a short setup has arrived and I will be taking it. I don't believe we are going to see new highs in bitcoin any time soon and the trend is down - therefore I am only looking to short with any real meaningful % risk. -YS

CantorTechnologies Updated 

Hello, We are forming an ascending triangle and we are in mean reversion territory suggesting upside so I decided to take the small profit my short from 7360 provided to wait on the sidelines. For now, for the very short term, the price action looks bullish. If you have read the classical TA literature, you would know their is a measure theory behind triangles...

CantorTechnologies Updated 

Hello people, I am short the break of 7500 at 7380 and have orders to close at 5350. Trend is bearish and there is no real major support from here and until 5350 so seems like a good bet for a short. -YS

CantorTechnologies Updated 

Hello, I'm longing support here. Hope it works out. Still bearish medium term. -YS

CantorTechnologies Updated 

Hello friends, The moving averages are officially in bearish posture. The faster the moving average, the lower it is in price. The last time this happened, bitcoin fell 60%. I would say this says we are clearly not in a definite bull market and more likely we are about to enter a longer bearish trend. The fact we lasted less time in the "last" supposed bear...

CantorTechnologies Updated 

Hello friends, Well, we broke out of the triangle to the downside which is quite unfortunate. I have doubts this is a bull market as a result. The moving averages are not looking great either. Based on my strategy, I have a bearish bias. In breaking to the downside I also have an actionable trade to take. I am short from 8700 with a stop loss of 10000. Good luck, -YS

CantorTechnologies Updated 

Hello friends, I haven't had a position for a few days now because I have not had the chance to trade due to volatility not meeting my requirements. My bots are up 4% in btc though for the little action they took this month, so I am content nonetheless. Having no position is a position as it were. Not losing money is as important as making money. Anyways, it...

CantorTechnologies Updated 

What's up guys, In my last post, I said I was taking long nipples, I mean nibbles long. I lost about $200 per long doing so and flipped short again. My bias is now bearish on two of the three time frames and so volume on this trade is heavier than the long and equal to that last short I took which resulted in ~$1000 gain. Bitcoin looks dumpy to me. I'm buckled...

CantorTechnologies Updated 

Hello all, In my last post, in the comments, I informed everyone that I closed my shorts: I made about $700/btc short so it was a pretty good trade. Now, I am taking the tiniest of nibbles long here as the stop is quite far away and I am not sure of this move generally speaking, but I can afford to take the position as it fits my strategy, so that's what I have...

CantorTechnologies Updated 

Hello dear readers, I'm still short, but I see a lot of traders I respect who believe the bottom for the move is in. Maybe it is, maybe it isn't - I don't try to predict such things. I just follow my strategy and its worked all along so I'm going to continue following it. In my last article above, I said I saw a retest of a support level on the cards and...

CantorTechnologies

What's up guys, In my last post, I said I was bearish. If you'll look at the comment I made after, I said price action wasn't confirming what my strategy was telling me - but that said, I ignored that and stuck to my strategy. Maybe I should incorporate elements of the price action pattern I had noticed into the strategy, but I didn't and was in unknown...