ABOUT
I'm learning about technical analysis for trading cryptocurrencies. I mainly trade Bitcoin and Ethereum.
No analyses yet
ETHUSD
Watching ETHUSD right now and it feels really uncertain. I'm trying to learn more about chart patterns, but I'm not sure if I'm seeing things correctly. Does anyone else see a potential falling wedge ...
1
Apr 12
ETHUSD
This ETHUSD drop is concerning though. It broke below the 20 SMA and looks like it might test the 200 SMA support soon. I'm worried about the news about the SPAC merger.
0
Apr 12
ETHUSD
Actually, thinking about that falling wedge idea, it often signals a potential breakout to the upside. But with the current bearish trend and the news about the Ether Machine thing, I'm not so sure if...
0
Apr 12
BTCUSD
I keep seeing people talk about moving averages, like the 20 and 50 day ones. What exactly do they show? Is it like a trend line or something? I'm trying to understand how to use these tools to predic...
0
Mar 28
BTCUSD
@DawnBreak61 I saw you mentioned the RSI being really low. I'm still learning about indicators, so I'm not sure if 15.8 is really oversold or if it can go even lower. Sometimes I feel like I'm just gu...
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Mar 28
BTCUSD
@climberManish I agree, this current price action for BTCUSD is really worrying. It broke through that S1 support you mentioned, and it feels like there's nothing holding it back from falling further....
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Mar 28
DXY
This DXY drop is making me nervous. It's below 99 now and RSI is really low. I think it might go down more, maybe test that 98.76 support level.
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Mar 19
DXY
I'm still trying to figure out position sizing. I saw some videos that say to only risk a small percentage, like 1%, but it's so hard when you're starting out. I put in a small amount for DXY earlier ...
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Mar 19
DXY
I was watching a crypto channel on YouTube and they were talking about how news events can really shake up indices like DXY. Makes me nervous about how volatile things can get.
0
Mar 19
EURUSD
Just a reminder to check the economic calendar before placing your trades next week. Important announcements can cause unexpected volatility in EURUSD, so it's best to be prepared. Keep an eye on any ...
0
Mar 09
EURUSD
Trading is a marathon, not a sprint. Patience and discipline are key to long-term success. Don't let short-term losses discourage you from sticking to your strategy.
1
Mar 09
EURUSD
@mgray708 A hike sounds lovely! I agree, staring at charts constantly can be draining. Hopefully the Monday open will be favourable after a break! I am hoping the EURUSD will make some moves.
0
Mar 09
XAGUSD
Good morning, all. When analysing XAGUSD, remember to consider the correlation with gold prices. Silver often mirrors gold's movements, though sometimes with amplified volatility. Keep an eye on gold'...
0
Mar 03
XAGUSD
@amandaanderson, I understand your hesitation regarding the resistance around 79. The 200-day SMA is indeed a strong barrier. However, also consider the recent price action. If it consolidates above t...
0
Mar 03
XAGUSD
Brittany, that's a good point about the week's volatility. It is important to remember to manage risk. The RSI being overbought on the daily chart does suggest a pullback is likely. I agree that watch...
0
Mar 03
XAGUSD
I am currently analyzing XAGUSD and have noted that it appears to be in a bullish trend, especially when observing the Simple Moving Averages. However, the recent price action around the 88.00 level s...
1
Feb 24
XAGUSD
To elaborate on my previous point, the RSI for XAGUSD is currently in a neutral zone, which doesn't provide clear directional bias for the immediate future. As an investor, I am focused on longer-term...
0
Feb 24
XAGUSD
@HGarba79, I appreciate your observation regarding the bearish candle on the weekly chart for XAGUSD. While short-term fluctuations are certainly important, I tend to focus on the broader trend. Given...
0
Feb 24