CantorTechnologies

CantorTechnologies Updated  Mar 24, 2019

What's up guys, I just want to share this chart with you and some perspective. If you don't know, I started trading about two years ago. I was profitable for almost all of that time, not because I was good, but because I bought bitcoin below $1,400 and thankfully didn't cock it up too, too hard. That said, I don't think I was any good until about a year and...

CantorTechnologies Updated  Mar 21, 2019

What's up guys! I must say, I am surprised bitcoin is holding up so high and not more volatile. Low volatility shows a potential floor in a market that isn't rebounding hard (we didn't). That said, there are so many reasons that I am still bearish. But let me share a few bullish things I am seeing: Bull Case: 1. Holding 200 weekly average nicely. 2. Currently...

CantorTechnologies Updated  Mar 20, 2019

No words.

CantorTechnologies Updated  Mar 19, 2019

What's up friends, Low risk short opportunity here. I am still bearish on Bitcoin and am potentially seeing a fall to the floor if not lower to the 2000s. Hope this helps. -YoungShkreli

CantorTechnologies Mar 19, 2019

Hello, This is no bueno. -YS

CantorTechnologies Mar 1, 2019

What's up everyone, I hope the bear market hasn't been too rough on you all. I've been using this time to do more research into bitcoin and build trading infrastructure for the future. I wanted to write today that I am expecting more downside from this point, but I strongly believe we will bottom this year. Volatility has been decreasing in this range, and...

CantorTechnologies Updated  Feb 15, 2019

Hello friends, Long time no see. I apologize for my absence, YoungShkreli has been extremely busy! I am spending all of my spare time working on programming bots. I am planning to sell courses on how to do that yourself in the future, so make sure you are following me so that you can learn that. I believe trading is always done best when it's done by a computer....

CantorTechnologies Updated  Jan 13, 2019

What's up guys, Have a look at AMZN's PE ratio. It is back above 300. With QT and the unfolding recession, people will be spending less. Therefore, AMZN profitability will decrease. The technicals are bearish, the fundamentals are bearish, I would not be buying this stock. If anything, I would be shorting it. -YoungShkreli

CantorTechnologies Updated  Jan 13, 2019

I'm back. I've been waiting. I've been trying to get this trade to win big for months, and hopefully this will be the entry. Shorting on this bear flag, trend is down, momentum is down and we have a bearish technical setup as well as a ~2 R/R. Let's do this! -YoungShkreli PS I'm about to make a very interesting post about ETH that I just noticed. Would have...

CantorTechnologies Jan 11, 2019

Hello readers, Noticed this just now. It's a damn shame. Well, consider this a textbook example of bearish divergence on the CMF indicator. The CMF is calculated as such: 1. Find the Money Flow Multiplier /(High - Low) = Money Flow Multiplier 2. Calculate Money Flow Volume Money Flow Multiplier x Volume for the Period = Money Flow Volume 3....

CantorTechnologies Updated  Dec 28, 2018

Hello friends, I am re-entering into a short position in ETH. In the last two attempts, it hasn't gone as I'd hoped, but that's okay. That's why we have risk management. I now just get to re-enter at a favorable price. I am okay with waiting. I am expecting ETH to fall back to $80 and eventually go to maybe $10. The bear market in BTC is not over, it is also...

CantorTechnologies Updated  Dec 27, 2018

Hello friends, Welp, I really hit the nail on the head with this one. If you've been following my coverage of US equities, you'll know I've been saying we are going to enter a bear market for as long as I've been on here. I reached this conclusion in early 2017. I recently read Ray Dalio's latest literature: Big Debt Crises. It was illuminating and it's clear...

CantorTechnologies Dec 27, 2018

Hello all, I'm not going to bother making a separate chart, so let me just get this out of the way. I would enter a short here in bitcoin. I am not personally doing that, but only because I am shorting ETH! That said, I am pretty certain we will see the low in bitcoin in Q1 of 2019. I believe the rest of 2019 will be a low volatility snooze fest and then in 2020...

CantorTechnologies Updated  Dec 23, 2018

Hello, Quick update... I am going short again here at resistance with a stop at 129. Don't think the bottom is in for bitcoin and so I don't think the bottom is in for ETH. Hopefully this time I can catch the 35% dump I'm looking for... -YoungShkreli

CantorTechnologies Updated  Dec 18, 2018

What's up guys, You sell rallies in a bear market. Just that simple. I'm short from 96.05. Check out my twitter to see that. I'm expecting bitcoin to fall to about $1,000 in the coming months. I'm guessing ETH falls to about $30 ish dollars based on the percents. No reason whatsoever to think this bear market is over or that this rally is significant. Shit is...

CantorTechnologies Updated  Dec 12, 2018

Hello friends, With how bitcoin has been so consistent in taking a dump the last few months (ETH even better!) I feel it is important to remind everyone the importance of being able to recognize the trend. There's a lot of things to consider when determining the outlook of the market and the trend of price is a biggie. In this example, the moving averages are...

CantorTechnologies Updated  Dec 8, 2018

Hello all, I could talk about price or something, but I'm not in the mood for that today. Instead, I'd like to share with you all how I use the stop and reverse points (SAR) to identify trends and give me an edge in trading. Of course, we have all heard the phrase, "the trend is your friend." Well, it's true. Of course, trends break and at some point following...

CantorTechnologies Dec 7, 2018

Hello all, Just going to give a quick update.. We hit my target of $100 and haven't bounced. This is not good. My next target is around $15. When I got into crypto early 2017, the lowest price I recall ETH at was in the 70s. Crypto is crazy. I hope most of my followers were wise enough to follow my lead and stay away from ETH. In my opinion, it's a...