CryptoSlayerFX

CryptoSlayerFX Updated 

TLDR Note Skip down to the word “Disclaimer” if you'd like to start with the TA commentary first. PSA for My Beloved TradingView Family: Plan Your Trades… Before You Make Your Trades I know it sounds cliché. It sounds elementary. And you might as well say it because you’re thinking it: “Damn, he's right.” Look, I get it. Do you think it’s easy walking...

CryptoSlayerFX Updated 

Never thought I'd say this but PEPE is looking good from a TA POV. Hard to deny the price action PEPE has been moving through resistance and holding on support beautifully. Try not to FOMO in on green candles there should be a retracement, use the fib for a guide. My guess is over $0.00003 soon Volume is healthy. There are some beautiful candles with tails on ...

CryptoSlayerFX

Want to keep this short because I am working a lot of different coins right now. Also, the work is on the chart. I've marked the relevant price levels for resistance and support and included a fib analysis for a price target. Try and get in on a red candle on a little draw back so you don't experience death by stop hunt. Good luck Lads.

CryptoSlayerFX

GLD was in a down trend from March 22 until early November 22 Since GLD broke that trend it has turn former resistance into support with confirmation on Jan 13 GLD broke through the next reistance zone around 175 and is now peaking at almost 180$ even though on Jan 17 and 18 GLD traded down and then came back strong on Jan 19 it still needs to come back and...

CryptoSlayerFX Updated 

As an intra-day/intra week trader it's been tough recently to find enough space for profit without risking too much. So I decided to look through some of my published ideas and found my hit rate to be satisfactory with one call that was way way off. (link below) So I was compelled to dig deeper and zoom out on LUNA/TERRA and see what the BIG PICTURE really is....

CryptoSlayerFX

BTC has broken the resistance at $45k on this daily chart (lower green zone on the chart). It now seems to be on a path towards the next resistance level which is $50k (upper green zone). And had a strong close over former resistance on March 27th, to wrap its 6th day closing in the green. From a technical POV BTC looks good. Here's why: 1. Higher lows are...

CryptoSlayerFX Updated 

After rising 80% from it's Jan 30 2022 low Luna has lost steam. I believe that leveraged long positions are now taking profits. I have highlighted the MACD index where the signal line has crossed over the MACD line (red over blue=bearish) This is an 8 hour chart which makes the indicators even stronger. I love this asset and what the Terra Ecosystem is doing...

CryptoSlayerFX Updated 

I haven't been able to pick anything up looking at any candles outside of these one hour candles as the market seems very indecisive right now. In my experience when we observe these small candles with wicks on each side, there tends to be a trend change incoming. Even though this is more of a neutral analysis is it could go either way, I will say at least for...

CryptoSlayerFX Updated 

Looking at XRP on this four hour chart here does not make me feel to confident about the asset holding current price levels intact. I am leaning towards XRP seeking support in the $.40-.50 region. As you can see when sold down to this region on December 3, 2021 it was bought back up strong before one four hour candle could finish. Even thought it is a major...

CryptoSlayerFX Updated 

I just noticed there that there are small candles with long wicks on each side, typically this is an indicator of a trend change. I am not sure which way in this case I need to study it more, for now I am leaving this neutral. Check out some more of my ideas below.

CryptoSlayerFX

There is a highly skilled trader on this platform that goes by @OptimoomFX and he recently published an idea about LTC which I completely agree with. This analysis was not prompted by anyone, I am doing it on my own accord. I think great analyst deserve to be recognized and supported. As you can see things are not looking great for LTC at the moment....

CryptoSlayerFX

We called AVAX short at its push for $100 and were correct. Now it is coming to test the $85 resistance zone and this head and shoulder pattern has developed. There is also a lack of demand according to on chain data. I have pointed out with vertical lines how accurate this RSI histogram has been for buys and sells, and right now it is all over the sell...

CryptoSlayerFX Updated 

I like AVAX short here on this daily candle chart. I am selling all rallies over $100. Here is my criteria: 1. I see an upward wedge and price action that needs correction + a bearish double top. (80% up since Jan 22 2022) *If AVAX moves back up into this zone highlighted zone I believe it is prime for a short. In case it does I may open a position soon. 2....

CryptoSlayerFX Updated 

RSI index is all over the sell signal and BTC has been repeatedly sold out of the zone it is entering. MACD is in the perfect condition for a short especially considering volume is not pushing BTC vertical. I am looking for a higher spot as most dips under 40k are bought.

CryptoSlayerFX Updated 

Criteria for short: 1.The RSI histogram is all over the sell signal. 2. Volume is leaning to the sell side, on the 4 and 8 hour charts we are seeing weak buying periods. 3. Rejection out of the $40k zone is now apparent. I will keep this updated. Am looking for BTC to retrace to at least $37.5k and as low as $34k Check below for other ideas of mine.

CryptoSlayerFX Updated 

*disclaimer* I haven't published anything outside of the crypto markets publicly. However, I have had my eye on SOXL, Direxion Daily Semiconductor Bull 3X Shares ETF. I originally thought that earnings for NVIDIA were going to boost the asset and asset class, however it seemed to me the night before earnings that the earnings call was already priced in. Looking...

CryptoSlayerFX Updated 

So even though the past few hours have been tough, looking here at this 4hour chart I am still feeling good a bout Bitcoin's rise. That is because it broke out of what has been a really tough coin for the asset and set a higher high. I wasn't expecting this to happen before a retracement back under $40k. Things look good, I think Bitcoin can make a run for $50k...

CryptoSlayerFX Updated 

Here's my criteria for why: 1. Price has finally come to meet the 200 DEMA for LUNA where it is on a 8 hour buy streak. 2. I think a launchpad is being set up. We are only 1 hour into the most recent four hour candle. 3. I suspect that Friday morning at 7am EST which starts the new four hour candle will bring heavy volume and launch luna into orbit 25%. 4. It...