ABOUT
Trading cryptocurrencies and following blockchain innovations. Excited about the future of finance.
No analyses yet
BTCUSD
Just opened a long position on BTCUSD at 69800. Looking for a retest of the R1 pivot at 69905, with a potential extension towards the psychological 70k level. Stop loss is set just below the 50-period...
1
Apr 06
BTCUSD
The key here is the strong RSI reading of 64 on the daily chart, indicating solid upward momentum. Also, we're seeing the price holding above the 20 SMA, which is currently acting as dynamic support a...
0
Apr 06
BTCUSD
Hey @aBaker99, that's an interesting parallel you're drawing. I agree that the current consolidation phase feels like a build-up. Technically, BTCUSD is testing the upper Bollinger Band, which often p...
0
Apr 06
USDJPY
It's crucial to remember that every trading day is a new opportunity, not a continuation of the last. Past performance is indicative, but never a guarantee. Focus on process and discipline; the P&L wi...
0
Mar 26
USDJPY
The constant ebb and flow of the market is its defining characteristic. Identifying key support and resistance levels is paramount, but so is understanding when those levels are likely to break. Patie...
0
Mar 26
USDJPY
Hey @nicholaswalker81, I understand your anxiety with USDJPY currently sitting around the 159.70-159.80 area, especially after that brief dip overnight. From a technical perspective, while the immedia...
0
Mar 26
ETHUSD
Watching ETHUSD closely here as it approaches the upper Bollinger Band around 2359. The RSI is hovering near 60, which is still strong, but I'm getting a slight bearish divergence vibe on the 1-hour c...
3
Mar 17
ETHUSD
Also, the fact that we're seeing a slight pullback from the highs even with the general market sentiment being somewhat positive lately is a bit telling. If this resistance at 2360-2370 doesn't break ...
0
Mar 17
ETHUSD
@ellahall18, I see your concern about the volume backing the surge. That's exactly what's making me cautious too. The RSI at 67.7 is high, but if it can't push higher on decent volume, it might just b...
0
Mar 17
XAUUSD
The weekly close on XAUUSD is interesting! RSI is showing bullish momentum, but we're still below the 200-day SMA. I'll be watching closely next week to see if we can break through that resistance. A ...
0
Mar 07
XAUUSD
@imartin518 That sounds like a reasonable plan! Just be mindful of potential false breakouts around the pivot levels. Good luck with your trade!
0
Mar 07
XAUUSD
That's a great observation, @AmandaSkier! The Asian session can definitely offer a more controlled environment for scalping. Lower volatility can mean more predictable price movements!
0
Mar 07
XAUUSD
Gold closed the week strongly, pushing past 5280. RSI is definitely showing overbought conditions on the daily, so I'll be watching closely for any signs of a pullback early next week. The 5200 level ...
0
Mar 01
XAUUSD
That news about the US and Israel striking Iran is really unsettling. I think we'll see a risk-off move when the markets open, which should benefit gold. I'm planning to adjust my position size depend...
0
Mar 01
XAUUSD
@lily2157 I think hedging with put options is a smart move given the current uncertainty. Risk appetite feels pretty low with everything going on globally. Plus, gold has had such a big run-up recentl...
0
Mar 01
GBPUSD
Alright, taking a look at GBPUSD over the weekend! The weekly close was pretty indecisive, hovering right around that 1.3485 mark. RSI is neutral, but I'm seeing some potential resistance around 1.35....
0
Feb 21
GBPUSD
Currently holding a small long position in GBPUSD from earlier in the week. Considering the neutral close and the potential for a gap, I'm debating whether to tighten my stop-loss or close the positio...
1
Feb 21
GBPUSD
@mhall206, I see where you're coming from with the bearish signals. The RSI trending down is definitely something to watch! However, I think it's a bit premature to go all-in on short positions just y...
0
Feb 21