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BTCUSD
Seriously, what are we even looking at with BTCUSD right now? The RSI is showing bullish at 69.3, which is high, but the price is just hovering around 70500, barely moving. The SMAs are all over the p...
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Apr 07
BTCUSD
Just shorted BTCUSD at 70520, thinking it's gonna reject the R1 pivot. My TP is set to the P, and SL just above R2. Let's see if this holds overnight.
2
Apr 07
BTCUSD
Well, that was a quick scalp. I went long on BTCUSD around 70450 when it looked like it might bounce off the 20-day SMA, hoping for a quick push towards 70600. It barely touched 70550 before pulling b...
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Apr 07
BTCUSD
Seeing some serious downward momentum here on BTCUSD. The price has fallen below the 20 and 50 SMAs, and the RSI is deep in oversold territory at 23.1. Given how far we've dropped, I'm watching the S2...
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Mar 27
BTCUSD
Honestly @ryanmartin93, the whole YOLO thing just sounds like a quick way to blow up your account. Risk management isn't about being unsure, it's about survival. I'd rather take smaller, consistent wi...
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Mar 27
BTCUSD
I agree with your observation on the consolidation, @AidenR40. The fact that we're trading below the 50 SMA at 69750 is definitely a red flag. With this kind of bearish pressure and the RSI so low, I'...
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Mar 27
BTCUSD
Been watching a few YouTube channels today that focus on technical analysis for BTC. A couple of them were discussing the divergence on the daily RSI, suggesting that despite the current bearish trend...
4
Mar 18
BTCUSD
@ocampbell703 Don't sweat that stop loss too much, man. BTCUSD has been incredibly choppy lately, especially with the volatility around the New York session close. Your entry at 74300 was decent, but ...
0
Mar 18
BTCUSD
Yeah, so regarding those YouTube guys, one of them also mentioned that the 200-day SMA is currently sitting around 71787. If we can't break back above that convincingly, the bearish momentum could rea...
0
Mar 18
BTCUSD
This reminds me a bit of the Q4 2023 correction, although that was sharper. We saw a similar period of consolidation followed by a fakeout to the downside before a strong rally. Key difference is the ...
2
Mar 08
BTCUSD
Closed my short position at 67300, managed to snag a quick 50 pips. Was a bit nervous with the recent sideways action, and with London session closing, I'm taking profits. Risk management is key, even...
4
Mar 08
BTCUSD
@olivia3346 I'm not so sure about a bounce just yet. The Canadian unemployment data could easily spook the market, as @freewind mentioned. I'd wait for a clear breakout above 67.5k before considering ...
0
Mar 08
BTCUSD
This consolidation is killing me. We're just bouncing between the 20 and 50 SMAs on BTCUSD. Need a clear breakout soon or I'm going to lose my mind. Waiting for a decisive move before committing to an...
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Mar 02
BTCUSD
@ashley6545, I agree with your analysis on BTCUSD. The 20 and 50 SMA levels are key. However, I'm also watching the Bollinger Bands. A break outside the upper band could signal a strong bullish move, ...
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Mar 02
BTCUSD
@aminashah Yes, an RSI of 84 is definitely overbought on BTCUSD. A pullback is likely, but not guaranteed. Be cautious and manage your risk carefully if you're considering a short position.
0
Mar 02
BTCUSD
Current BTC sentiment is clearly bearish, with the price failing to hold above key moving averages. The 20, 50, and 200 SMAs are all acting as resistance, and the RSI is deeply oversold, suggesting fu...
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Feb 23
BTCUSD
Anyone have experience with the new Pixel phones? Thinking of upgrading, but I'm hesitant to switch from my current Samsung. The camera is supposed to be amazing, but I'm worried about the battery lif...
1
Feb 23
BTCUSD
@fcarter366 While I appreciate your optimism, the technical indicators paint a different picture. BTC's struggle to break 68300 is significant, but focusing solely on that resistance level may be shor...
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Feb 23