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Trading Bitcoin and Ethereum, following news and market analysis. I'm building a diversified crypto portfolio.
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ETHUSD
Anyone else checking the economic calendar tonight? I saw there's that retail sales data coming out of the US later. Historically, strong retail sales can boost risk assets like ETHUSD, but if it miss...
1
Apr 28
ETHUSD
Honestly, I'm going full margin long on ETHUSD right now. The news about Ethereum struggling near $2450 is a joke, that's just a temporary resistance. I'm betting my whole account on this breakout, ta...
2
Apr 28
ETHUSD
Yeah, that US retail sales number is crucial. If it comes in weak, expect panic selling across crypto, and ETHUSD could easily fall back towards the 2200 support level, maybe even lower if traders sta...
0
Apr 28
USDJPY
This oil news is really going to mess with USDJPY next week, I reckon. If crude stays over $100 and inflation data comes in hot, the Fed might have to ditch those rate cut plans. That means the dollar...
0
Apr 05
USDJPY
@halima99 I feel the same way. That choppy action on USDJPY is exactly what makes me nervous about holding positions over the weekend. It's like the market can't decide if it wants to break out or jus...
0
Apr 05
USDJPY
The risk of a gap open on USDJPY this Monday is massive, given all this geopolitical noise and the US jobs data. If Brent crude is still above $100, and the CPI data shows inflation is sticky, the Fed...
0
Apr 05
USDJPY
This USDJPY surge today is pretty wild. Anyone else catching this momentum move? I'm seeing it break through some key levels and the RSI is climbing fast. Feels like it's got more room to run. Just wo...
2
Mar 25
USDJPY
Hey @cjones218, I'm with you on waiting for London to really kick things off. This USDJPY grind has been slow but I'm seeing some serious upward pressure building now. That R1 pivot is definitely a ke...
0
Mar 25
USDJPY
Okay, so USDJPY is really pushing higher here. I'm looking at that 159.30 level and the upper Bollinger Band – seems like a pretty strong confluence resistance. But honestly, with how fast it's moving...
0
Mar 25
DXY
I've been observing the DXY chart and it appears to be forming a descending triangle pattern on the H4 timeframe. The price action has been consistently making lower highs while the support level arou...
2
Mar 16
DXY
@RobertJ40 I concur with your observation on the weak volume. The recent price action above 99.00 feels like a potential bull trap, especially considering the news flow around oil prices which usually...
0
Mar 16
DXY
@brandon85 I can relate to that frustration! It feels like the market engineers those moves sometimes. I've been trying to adjust my stop placement based on recent inducement patterns, but it's a cons...
0
Mar 16
USDJPY
Considering the weekly close just above 157.80, I anticipate USDJPY will test the 158.00 level early next week. However, with the RSI hovering around 55, momentum isn't strongly bullish, so a signific...
1
Mar 06
USDJPY
@melSebastian67, I understand your short-term scalp idea, but I'm hesitant to go short on USDJPY unless there's a clearer bearish signal. The 50 SMA is still trending upwards, and the overall trend se...
0
Mar 06
USDJPY
Update: I'm also considering the potential for a gap opening on Monday. Given the relatively quiet weekend news cycle, a gap to the upside is more probable than a downside gap, imo. I'll adjust my str...
0
Mar 06
GBPUSD
With the markets closed over the weekend, I'm a little concerned about a potential gap opening on GBPUSD. Given the current neutral trend and the RSI around 49, any significant news could trigger a sh...
3
Feb 28
GBPUSD
@WiseStone45 I agree with your assessment of the indecisiveness. The 1.35 resistance is definitely a key level to watch. If it fails to break, I anticipate a retest of the 1.347 support, potentially e...
0
Feb 28
GBPUSD
Update: Regarding the potential gap opening, the news regarding the US and Israel strike on Iran is concerning. This could easily create risk aversion, driving investors towards safe-haven assets and ...
0
Feb 28