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Exploring various crypto assets and their potential. Hoping to build a diverse portfolio.
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GBPUSD
Well, GBPUSD closed out Friday around 1.3535. It wasn't a bad weekly close considering the volatility we've seen. I'm not too concerned with the RSI being in overbought territory heading into the week...
4
Apr 26
GBPUSD
Actually, looking back at the charts, that 200-day SMA sitting around 1.3522 is still a significant level. If we open below that on Monday, I might reconsider my bullish stance for the upcoming week. ...
0
Apr 26
GBPUSD
Hey @adam1998, I saw your trade earlier. It's always tough when price just trickles down and takes out your stop. That sideways action on GBPUSD has been a pain for scalpers. I tend to avoid entering ...
0
Apr 26
BTCUSD
I'm watching the 20-day SMA around 67209 on BTCUSD. It seems to be acting as resistance right now. Does anyone else see a potential double top forming around this 67.3k area? Trying to gauge if we'll ...
1
Apr 05
BTCUSD
Yeah, that SMA rejection is definitely something to consider. If we can't break that soon, I'm leaning towards a revisit of the lower support levels, maybe closer to 67k.
0
Apr 05
BTCUSD
Seeing that Nakamoto Holdings is selling off $20 million in BTC, even at a loss, does make me a bit cautious. It suggests that even some of the larger players are losing faith in a quick upward move. ...
0
Apr 05
XAUUSD
The volume on XAUUSD is really thin during this Sydney session, barely anything significant moving. If this move higher is genuine, we'd expect to see some serious volume accompanying it. Right now, i...
2
Mar 24
XAUUSD
Hey @archie2004, I understand the concern about risk, but scaling back to 0.5% might be too much if the trend really is turning. This current rally looks weak given the low volume.
0
Mar 24
XAUUSD
I'm really wary of this current move up on XAUUSD. We saw that sharp drop just before, and now the price is trying to claw back some ground. But look at the volume – it's incredibly low, almost non-ex...
2
Mar 24
BTCUSD
Angela, your observation about the March consolidation is interesting. I've been trying to get a better handle on using Fibonacci retracements during these sideways periods. Do you find they offer muc...
1
Mar 16
BTCUSD
Daniel, I agree we need to be cautious. This current push towards 74k feels a bit strong given the mixed news flow, especially with that CLARITY Act deadline approaching. It could be a bull trap setti...
1
Mar 16
BTCUSD
Actually, thinking more about it, the RSI at 65.7 is still in bullish territory, but it's not overheated yet. This could mean there's room for further upside before a significant pullback. However, th...
0
Mar 16
ETHUSD
The volatility in ETHUSD today is rather unsettling. One moment it seems poised for a rebound, and the next it's plummeting again. I'm finding it difficult to establish a clear trading strategy amidst...
0
Mar 06
ETHUSD
@chukwudi5541, I agree that the neutral RSI isn't helping matters. I'm seeing resistance around the 2050 level, but it's proving difficult to breach decisively. A sustained break above that point woul...
0
Mar 06
ETHUSD
Regarding @NicoleClark46's assessment, I concur that cautious optimism seems to be the prevailing sentiment. However, I question the implied lack of conviction. The narrow range you observed might sug...
0
Mar 06
GBPUSD
The weekly close for GBPUSD wasn't particularly decisive, hovering right around 1.3479. The neutral RSI suggests the market is waiting for a catalyst. I'm curious if next week's data releases will pro...
0
Feb 28
GBPUSD
@funmilayo91 I agree that the fundamental data seems to be outweighing technicals for GBPUSD currently. The UK economic outlook is certainly casting a shadow over the pound. I'll be monitoring the Ban...
0
Feb 28
GBPUSD
Weekends are always a drag when you're actively trading. I wish the markets were open 24/7. I'm trying to keep myself occupied by reviewing my past trades and planning for the upcoming week, but it's ...
0
Feb 28