KYLEKILLJOY

KYLEKILLJOY

Short and sweet; Btc is quite a bit oversold on the weekly rsi, and looks like it might be forming a bearish divergence. Price has hit the 1.618 reverse fib retracement. BTC hasn't traded above the red trend line, stretching back to the highs of 2017. Sad as it might be to say, we are at or very near the end of this run.

KYLEKILLJOY

This is a monthly chart of Bitcoin. Taking a step back lets you see a possibly bigger picture rather than the stressful day to day price action and news stories. This monthly RSI signifies that when it is at around 45 its might be a good time to buy and hold. Anything above 80, don't get greedy as the bull run doesn't have much steam left. This is more of a...

KYLEKILLJOY

Hello fellow traders! Here I have a Fib from the low to high of the most recent run. Im mostly looking at around 20k holding as support and possibly jumping in for a potential short term rally. Keep in mind, we are still in a bear market until we can have a WEEKLY candle close above 25k but this bearish divergence with the RSI unfolding will have to play out....

KYLEKILLJOY

Hello fellow traders, The Stoch RSI cross on the monthly, as well as being oversold on the RSI. Monthly charts speak volumes. the next bull cycle may be starting. go against the herd <3

KYLEKILLJOY Updated 

Hello fellow traders! This is just a look at what I am seeing. First off, BTC still has its golden cross which is nice. (Daily 50 MA trending above the 200 MA) To note, BTC has continuously made higher highs and lows. Stochastic RSI needs to relax after a hard days work at 100. The one thing I don't like is the pretty large bearish divergence that has taken...

KYLEKILLJOY

Hello fellow traders, just wanted to share while the momentum has shifted prices higher for some time now. The RSI however is showing that the positive price action is running out of steam. In my opinion, I suspect a pullback to 20K (roughly) to confirm as support. Weekly charts more or less convince us the Bull cycle has started (weekly macd cross, monthly...

KYLEKILLJOY

Hello fellow traders I'm bullish short term on crypto market sentiment. So here is just a target price I'm looking at for Cardano around 63 cents. As you can see in the past history of the RSI and MFI, price might reverse at these levels. I believe we are in a accumulation or demand zone looking to make a move higher. Overall outlook is still bearish unless...

KYLEKILLJOY

Hello fellow traders! Currently SOL is on the verge of a possible break out of the month long downtrend channel. The pros are; the WEEKLY bullish divergence taking place. (shown on last chart) The MFI has support at 70. Price has support at 100 ma (4 hr) *opinion* undervalued project The cons are; SOL is at the top of a month long resistance channel RSI showing...

KYLEKILLJOY

Hello fellow traders. Just a comparison to a previous bear market Sol was in, and I noticed there's a bit of similarity to how its structured. Not saying this is the bottom, but if past history will rhyme this time, we might see some bullish sentiment take over. Also note the rising MFI and falling price, indicating that the selling pressure is decreasing and...

KYLEKILLJOY

Hello fellow traders! Haven't posted in a while, so here's my opinion of Bitcoins market state. I set a Fib starting from March 2020's low to April 2021's high. Bitcoin has retraced to the golden 618 ratio a few weeks ago, and given past history, there's usually a reverse in the market at this level. (At least that's what were all hoping for if you're in a long...

KYLEKILLJOY Updated 

Here we see since February we have had an area of resistance turned support. ADA has touched this area numerous times, and with the RSI being oversold as well as the Stochastics starting to make a move up, we might see some more bullish price action. While BTC is in sideways action for now, some trade their BTC in for ADA. If you look at the ADA/BTC chart you'll...

KYLEKILLJOY

Hello traders! This chart is on the weekly scale so this hammer might be a sign of a bullish reversal. Info on this candlestick pattern here www.dailyfx.com Also would like to note, it appears we are breaking out of our downtrend line. The Bitcoin fear and greed index has been in extreme fear the last couple of months, another possible sign of a reversal to take...

KYLEKILLJOY

Hello fellow traders, as much as I'd love for bitcoin to keep rising, this is just an outlook on a potential bearish scenario for the long term. Basically BTC has never hit the 300 day moving average in its previous bull runs. last time it did is as shown, in the 2017/18 bull run. It "dead cat bounced" from the 300 to the 100 and found strong resistance. An 80%...

KYLEKILLJOY

I believe by the healthy bullish action forming and confirming previous resistances as support, proves buyers are still in control as investors have bags waiting. Hence the extended Fib shows a probably next strong resistance zone. If we see price action form a lower low going below 45k, BTC might be in some trouble. Time will tell! As for now, I see more bull...

KYLEKILLJOY

Hello fellow traders, this chart just shows the zone I am looking at entering back in. BTC loves the .618. (3k to 14k was a .618 retrace if you draw your fib from the ATH to the 3k zone it dropped to) This area also should act as a strong support zone since it was previously strong resistance. so 40-42k to me looks like a good entry. Preferably, it would be nice...

KYLEKILLJOY

Hello fellow traders! Today I have shown here a few indicators as well as the fib extension to decide some potentially great entry points. In the indicators, since we are in full blown bull market mode, the RSI and MFI (volume weighted RSI), have came down enough (in my opinion) to recover strength for the next leg up. The bearish diversion gives an opportunity to...

KYLEKILLJOY

Hello fellow traders, as much as I hate this coin, there is money to be made on it. So I am currently looking at which way this price channel will break to decide a good entry point. I am clearly going for quick profit, not a long term hold given the volatility, and quite frankly the fundamentals behind the coin were made as a joke. This chart shows fibinacci...

KYLEKILLJOY

Speaks for itself! At the moment it is nice to see BTC trying to break out of the formation, but the incoming 21 day MA might cause some trouble. Watch carefully the next few days. Big move is near. Best to wait for confirmation before entering a trade.