Crypto Flow Intel Weekly recap 11/25/19

The bears were in full control of crypto markets last week, CFx down -20%.  All assets in the

index are seeking new levels to consolidate, expect elevated volatility through the bounce. 

We have been market short for some time now and are enjoying profits on exchanges that

offer borrowing. All assets in the index were highly correlated, performance throughout the

week was similar regardless of the fundamental view.

CFx 90 Day

The Crypto Flow Index (CFx) broke through all support and is currently seeking a bounce.  

CFxMLRS

The CFx Machine Learning Relative Strength (MLRS) indicator .9292 has been in market sell territory for 17 days now, since 11/08.  We continue to press shorts with all assets in the CFx.

Index Leaders This Week

For the week, XRP was down -16%, Bitcoin (BTC) lost -19% and Ethereum Classic

dropped -20%. Meanwhile the CFx was down -20% as a group.

CFx weekly results - CFx down -6%

XRP -16%, BTC -19%, ETC -20%, XLM -22%, ADA -22%, XMR -22%, IOTA -22%,
ETH -24%, BCH -24%, QTUM -24%, ZEC -24%, DASH -25%, LTC -26%, NEO -26%,
TRX -27%, EOS -29%

CFx On Balance Volume

The direction lower accelerated this week as the bulls capitulate.

Crypto Flow Index MLRS Profile

This week saw sell signals from the Machine Learning Relative Strength indicators for NEO and

Cardano (ADA).  Short positions across the board have been profitable.

Crypto Flow Intel Weekly recap 11/18/19

The CFx grinds lower as the index seeks support in the 2100 level, CFx down -6%.  Continued
weakness in Bitcoin (BTC) prices makes it difficult for any crypto to have a meaningful run. 
NEO and Cardano (ADA) were the only assets in the index that reported positive gains this week. 
All other assets in the index were otherwise highly correlated, so individual asset performance
throughout the week was similar.

The Crypto Flow Index (CFx) broke through the 2200 support and grinds lower.  A few assets did
well over the short term when supported by overall market direction.

The CFx Machine Learning Relative Strength (MLRS) indicator .9846 has been in market sell
territory for 10 days now, since 11/08.  We continue to press shorts with most assets in the CFx.

For the week, NEO was up 9%, Cardano (ADA) rose 2% and Monero (XMR) was flat 0%. 
Meanwhile the CFx was down -6% as a group.

CFx weekly results - CFx down -6%

NEO 9%, ADA 2%, XMR 0%, QTUM -2%, ETH -3%, TRX -3%, IOTA -4%, EOS -5%, 

DASH -5%, ZEC -5%, BTC -6%, XRP -6%, LTC -7%, BCH -9%, XLM -9%, ETC -9%

CFx On Balance Volume continues to grind lower.

This week saw sell signals from the Machine Learning Relative Strength indicators for
Ethereum (ETH), EOS, Bitcoin Cash (BCH), Litecoin (LTC), Stellar (XLM), Monero (XMR) and
Ethereum Classic (ETC).  We remain cautious but capitalizing on our
opportunities both short and long.

Crypto Flow Intel Report weekly recap for 11/11/19

Crypto markets saw a repricing last week as Bitcoin fails to follow through after the massive

short squeeze from two weeks ago.

The Crypto Flow Index (CFX) found support at the 2200 level and some cryptos have done

quite well when supported by overall market direction.

The CFx Machine Learning Relative Strength (MLRS) indicator .9919 is in market sell

territory but recovering.  We are certainly cautious with some assets.

CFx weekly results - CFx flat 0%

XLM 15%, EOS 10%, LTC 9%, ADA 5%, ETH 4%, ETC 3%, QTUM 3%, ZEC 1%,

BCH 0%, DASH 0%, NEO 0%, IOTA -1%, BTC -2%, XMR -2%, TRX -2%, XRP -4%

 

For the week, Stellar (XLM) was up 15%, EOS rose 10% and Litecoin (LTC) gained 9%. 

Meanwhile the CFx was flat 0% as a group.

CFx On Balance Volume continues to drift in the bearish direction.

This week we saw sell signals in Tron (TRX), Bitcoin (BTC), XRP and DASH. 

There may be opportunities both short and long for disciplined traders who mind the trend.