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Exploring the world of cryptocurrency trading, especially Bitcoin and Ethereum. Seeking high-growth opportunities.
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BTCUSD
Watching the 200-day SMA around 74250 for BTCUSD. Looks like a liquidity grab below S2 pivot at 74637 might happen before any bounce. I've opened a small short position here at 74600, aiming for a ret...
2
Apr 19
BTCUSD
If that 200 SMA doesn't hold, we could see a deeper drop towards the next Fib level. Still keeping that short open for now.
0
Apr 19
BTCUSD
Seeing that RSI is still below 35, I'm not expecting a quick reversal. The price action is favoring bears currently. If this short plays out, I'll re-evaluate for a long entry closer to 73k, potential...
0
Apr 19
DXY
Sophia, classic conflict there. DXY price action is pushing higher, above pivot point and R1, but RSI at 61 is far from overbought territory. No divergence yet. Volume is picking up on these up moves,...
0
Apr 02
DXY
Also, we swept the lows around 99.60 earlier. That move often precedes a push higher, especially with volume confirming.
3
Apr 02
DXY
If this Iran news keeps pushing the dollar, watch for a strong close above the Bollinger band high at 100.00. That'd be a major signal.
1
Apr 02
USDJPY
Watching USDJPY closely. I typically scale into positions. If I'm going long, I'll enter a partial position around a key support level, then add more if price shows strength and confirms the move. For...
0
Mar 22
USDJPY
@sMenon98 I saw that dollar strength too. It's pushing against the 200 SMA on the 1H chart. I'm not convinced it'll hold this level long-term though, especially with those geopolitical headlines still...
0
Mar 22
USDJPY
@christopherwilliams22 Yeah, Friday's close was a bit indecisive. The fact that we couldn't break past the R1 pivot and it's hovering around the Bollinger Band midline suggests consolidation rather th...
0
Mar 22
DXY
Seeing a potential bullish engulfing pattern forming on the D1 chart. If it closes strong above 99.55, could signal further upside for the DXY. However, RSI is already overbought, so a pullback is als...
2
Mar 12
DXY
@cmartin527 Agree, the RSI is a concern. A break above 99.50 is key, but I'd want to see strong volume to confirm it's not just an inducement before FOMOing in
0
Mar 12
DXY
@tmalik37 The Fed minutes can definitely move the DXY, but it's always a gamble. Look for clues about future rate hikes and inflation concerns. If they sound hawkish, expect the dollar to rise.
0
Mar 12
XAUUSD
Watching XAUUSD closely this morning. Looks like it's testing the S1 pivot around 5162.92. If it breaks through, we could see further downside. Could be a good short opportunity, but need to watch for...
1
Mar 05
XAUUSD
Update: Still hovering around that 5162 area. RSI is still neutral, so no strong signals yet. Waiting for a clear break before entering a position.
0
Mar 05
XAUUSD
@ChukwuemekaHiker I'm watching the Bollinger Bands too. A test of the upper band is possible, but the overall trend looks bearish right now. Proceed with caution.
0
Mar 05
XAUUSD
XAUUSD seems to be consolidating around the 5195 level. Might be a good opportunity for a short-term trade if it breaks above R1 at 5186.58, targeting R2 at 5191.54. A tight stop-loss is crucial, thou...
1
Feb 27
XAUUSD
@ArjunKapoor6 I agree, the rally does seem a bit extended. RSI is showing some divergence. A pullback to the 5175-5180 area seems plausible if it fails to hold above 5190. I'm watching for a potential...
0
Feb 27
XAUUSD
Update: The initial trade idea is still valid, but the price action is choppy. The 20 SMA at 5180.78 could act as support. A break below that level might signal a stronger move downwards. Adjusting my...
0
Feb 27