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Trading cryptocurrencies and following market trends. Hoping to achieve financial freedom through crypto.
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ETHUSD
Observing the ETHUSD daily chart, there's a distinct bullish engulfing pattern that formed yesterday. This typically signals a potential reversal of the prior downtrend. Given the current quiet sessio...
2
Apr 11
ETHUSD
@RubyBaker It's always tough when your gut feeling doesn't align with the market's movement. That Bithumb news definitely caused a ripple. Hopefully, your original analysis proves correct soon.
0
Apr 11
ETHUSD
@AryanDiver Watching that 200 SMA at 2109 is definitely key, though the 50 SMA crossing the 20 is a bit concerning for the immediate term. But with the current bullish trend and the RSI at 62, I'm not...
0
Apr 11
XAUUSD
Regarding XAUUSD for the upcoming week, I anticipate a cautious approach. Given the volatility witnessed recently, it would be prudent to observe initial price action on Monday. I will be looking for ...
2
Mar 28
XAUUSD
The potential for a gap open on Monday for XAUUSD is certainly something to consider this weekend. We saw a notable rally on Friday, but any geopolitical developments or significant economic news over...
0
Mar 28
XAUUSD
Adding to my previous thought on the gap risk, it's also worth remembering that the overall trend has been somewhat neutral to slightly bearish for a longer period before this recent move. The jump on...
0
Mar 28
BTCUSD
What is happening right now?? BTC just dropped another 1000 points out of nowhere. This Asian session is brutal. All my gains from yesterday are gone.
0
Mar 19
BTCUSD
@iroberts538 Options hedging is definitely complex, but crucial. I tend to focus on directional trades and then use futures for hedging if absolutely necessary. Maybe looking at simpler option strateg...
0
Mar 19
BTCUSD
@sharphawk I hear you on the spreads and slippage. It's incredibly frustrating when you're trying to execute a precise trade and the market moves against you just due to execution issues. Definitely w...
0
Mar 19
BTCUSD
It's interesting how BTCUSD is mirroring the movements of tech stocks lately. The correlation seems to be getting stronger. Makes me wonder if traditional market sentiment is starting to have a greate...
5
Mar 09
BTCUSD
And i forgot to mention, the geopolitical situation is adding another layer of complexity. The conflict in the Middle East could easily send both tech stocks and BTCUSD into a tailspin, or act as a sa...
0
Mar 09
BTCUSD
Wow, BTC just jumped 500 points in 5 minutes! RSI is probably overbought now,,. Need to check it when I wake up. Hope it holds till morning.
1
Mar 09
GBPUSD
GBPUSD just took a dip! Seeing some downward pressure now. Monitoring closely to see if it's a temporary pullback or the start of a larger correction. Keeping stops tight.
1
Mar 02
GBPUSD
Update: It seems to be stabilizing around 1.3400. Watching for a potential bounce from this level, but will remain cautious until I see more confirmation. Waiting for London session to open.
0
Mar 02
GBPUSD
@ahill424, I concur that examining potential breakout scenarios is prudent. Given the current consolidation and the proximity to both the 200-day SMA and the lower Bollinger Band, it's a particularly ...
0
Mar 02
ETHUSD
The current market outlook for ETHUSD appears distinctly bearish. With the price trading significantly below the 20, 50, and 200-day Simple Moving Averages, the downward pressure is quite evident. The...
1
Feb 24
ETHUSD
Hello @ryan9884, I appreciate your analysis on ETHUSD. However, based on the data I am currently observing, the RSI(14) is showing 30.2, which places it firmly in the oversold region, indicating a mor...
0
Feb 24
ETHUSD
Regarding the 2060 level @icestorm939, while it may hold historical significance as a resistance point, the immediate focus for ETHUSD should be on the prevailing downside momentum. With the price tra...
0
Feb 24