KYLEKILLJOY

KYLEKILLJOY

Hello fellow traders. My last chart showed how the last bull run, we tested the ATH, and we had a 32% pullback only to be bought up quickly. This chart has interesting factors that might help deciding when to buy. (or TP in your short) #1. 32% retracement (9.7-20k) lands us right around 14k. #2. Bearish divergence meaning price is to decline (not to mention being...

KYLEKILLJOY

Hello fellow traders. Here is my idea of where BTC might be heading in the next few months. If past BTC history is to play out which it has many times before, we are do for a 30-40 % correction in the market. That would land us right at around 14k for the .618 fib retracement. (BTC loves to bounce back at .5-.618 retrace) Some critical support I must say! However...

KYLEKILLJOY

Hello fellow traders, this is showing my idea on how Enj might rise higher vs BTC. BTC is near the ATH, if a correction is due alts might rally vs btc. ENJ/BTC pairing is about 30% away from some nice support levels on the weekly. Ill be watching this one! Will take some weeks/months but I see this one taking off soon. Plus the indicators are oversold on the weekly!

KYLEKILLJOY

Hello fellow traders! Here is my analysis on the current market state. On the weekly chart (obviously not shown here) the RSI is way over sold at 84/85. Time for a correction? The Bitcoin fear and greed index is at 90, extreme greed. Yesterday was almost topped out at 94. Time for a correction? Finally we have a bearish divergence appearing as shown in the charts...

KYLEKILLJOY

Hello fellow traders! Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset. On the weekly chart there are several indicators showing bullish momentum. MFI- really oversold to the point where we really haven't seen these levels for quite some...

KYLEKILLJOY

Hello fellow traders, this chart points out a few things that could mean prices will rise higher, first the MFI and RSI are oversold. (Even on the daily these levels are quite low for a bull market) On top of this, we have bullish divergence taking place with price. Bullish divergence is on the bottom, while bearish divergence takes place on the top. ALSO to note,...

KYLEKILLJOY

This is a follow up to my previous post. In my opinion, it might be a good thought to put your ETH buying power to work in Cardano (ADA) As you can see indicators are oversold possibly due for a reversal. Meaning Cardano might just increase your ETH you have now. Just about every time these level are reached, a possible reversal is a high probability. This is...

KYLEKILLJOY

Hello fellow traders, here we have possible signs of bearish divergence taking place. The strength of the trend is weakening. As prices go higher, indicators go lower. I don't expect ETH to go higher if at all, but have a nice healthy correction. I am about to post another chart for perhaps putting your ETH to work for you in a better environment to grow your...

KYLEKILLJOY

Hello fellow traders! In an ideal world btc will just keep rising, but keep in mind these significant levels to take some profit. A lot of investors i feel, are resorting to either gold or bitcoin to make their keep, fearing the inflation of the USD. With BTC in a bull market, there are many good times to sell, but unfortunately not many good times to buy, given...

KYLEKILLJOY Updated 

Hello fellow traders! I would just like to take a second of your time to show you this head and shoulders formation. If you are playing these formations, it is imperative that you don't get emotional and only go by facts in the chart. A textbook h&s pattern took place, but it is only confirmed if the bottom of the neckline breaks, this is the area you enter a...

KYLEKILLJOY

Hello fellow traders. Focusing strictly on facts in the charts, USD/CAD has been oversold on a few indicators, a reversal was immanent as price eventually found support, and trends were broken, Daily MACD supports this. I'm expecting a retest to previous resistance levels to take profit. Good luck out there! Let me know what you think might happen! *This is a...

KYLEKILLJOY

Hello fellow traders ! The chart speaks for itself, nice bullish candle trend break with the 50 day moving average as support. MFI was oversold and making its way up, stochastics gaining traction as well. Looking at the fib levels to have an exit plan. Just my opinion! Good luck ! ;)

KYLEKILLJOY Updated 

Hello fellow traders! These are my thoughts on potential short term BTC price targets. Looking at 8k short-term (possibly sometime next week) Pretty strong resistance here as it is the .618 fib retracement and as well as where the 100 ma and 200 ma are located. if we can hold support there, looking for another leg up either to next fib level or the top ADX and DI...

KYLEKILLJOY

Hello fellow traders! as you can see, its a bit more bearish than bullish short term. We broke down out of the ascending wedge formation. Volume is also decreasing. looking for target price at the .5 fib level. Time will tell; Good luck!

KYLEKILLJOY

Hello traders, just showing what my opinion is on a good long entry for potential short term gains. The .5 fib held pretty well with bullish engulfing, yet a rejection from .382 ( 9k ) strong levels to watch right now! I personally am waiting for a dip lower to the golden .618 fib level as BTC seems to love to form reversals there, also the indicators are getting...

KYLEKILLJOY

Hello traders ! Lot's of bullish action with BTC , however it is oversold on many indicators. RSI MFI ect (DAILY) Expect a pullback before the big break out ! : ) Planning to take profit in the red box before buying back in.

KYLEKILLJOY

Hello fellow traders, just thought i would share something i noticed in this indicator. The white line is basically momentum of the moves. Looks like we haven't had a green cross with momentum increasing off of the support level in this indicator since we were in a bull market. Thoughts? Potential trend reversal?

KYLEKILLJOY Updated 

Hello fellow traders ! Here's where I see Bitcoin potentially going. In my opinion, 8500 is the next strongest level of resistance. First, If you look on a weekly chart, you can see that the body of last weeks candle closed ABOVE the .618 fib level, roughly 7250, and even tested it and confirmed it support hence the bullish engulfing candle you see today (That is...