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Day trading cryptocurrencies is my passion. I'm always looking for the next big altcoin.
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ETHUSD
Hey @apexhunt570, I see where you're coming from with the liquidity grab idea. It does feel like we're consolidating around this S2 pivot at 2265. Reminds me a bit of that period back in November 2023...
ETHUSD
Actually, thinking more about that November '23 setup, the volume profile back then was quite different. We had much higher volume at these lower levels, indicating stronger accumulation. Right now, t...
ETHUSD
And the RSI is still below 40, which confirms the current bearish momentum I'm seeing.
XAGUSD
This weekend feels like a good time to review the XAGUSD weekly close. The price holding around the 72.90 level after that dip Friday is interesting. It means the 50 SMA at 73.64 is still acting as re...
XAGUSD
@photo673 I agree with you on the RSI being a concern near the 73.5 level. That 75.20 mark definitely looks like a significant resistance zone to watch for the upcoming week. The mixed signals are def...
XAGUSD
Also, looking at the Bollinger Bands, the price is right at the upper band from Friday's close. If we don't see follow-through buying, breaking back inside might signal a reversion. The 70.01 level co...
ETHUSD
Watching this ETHUSD consolidation around the 200 SMA and the daily pivot point at 2185. The RSI is hovering around 50, indicating neutrality but also a potential turning point. If we break above the ...
ETHUSD
Hey @vikramsingh29, don't sweat the hesitation. It's a common trap. Sometimes waiting for confirmation is the right play, even if you miss a bit of the initial move. Focus on sticking to your plan, no...
ETHUSD
You're right @brandon2146, the price action has been quite brutal on ETHUSD today. Looking at the H4 chart, we're seeing bearish momentum but the RSI is sitting around 50.6, which is pretty neutral. I...
DXY
Hey @brandon979, interesting setup you've got there. With DXY trading around 99.6 right now, I'm being a bit cautious with my position sizing on any short entries. Given the current volatility around ...
DXY
Actually, I'm reconsidering my stop placement. Brandon mentioned R1 at 99.62, and the Bollinger Bands are currently showing a range from 99.43 to 99.77. If DXY pushes up and breaks above the upper ban...
DXY
Seeing a bearish engulfing candle forming on the hourly chart for DXY right now. That could signal a shift in momentum.
ETHUSD
I'm noticing the RSI is quite oversold on ETHUSD right now, hovering around 26. Does anyone else think this could signal a potential reversal soon? Or is the downward momentum too strong to consider a...
ETHUSD
Honestly, I'm feeling a bit lost with ETHUSD today. The volatility is making it hard to read the charts. One minute it looks like it's bouncing off support, the next it's plummeting. I need to take a ...
ETHUSD
@painterJohan I understand your confusion! With such a strong bearish trend, it might be best to observe for now. Perhaps wait for a clearer signal before entering a trade. Don't rush it!
ETHUSD
Just got stopped out on my ETHUSD long position. Entered around 1930 based on the SMA50 acting as support, but it broke down pretty quickly. Small loss, but frustrating. Need to re-evaluate my entry c...
ETHUSD
@christopherdavis64, the Bollinger Bands can be useful, but it's important to confirm with other indicators. A break above the upper band could signal continued upward movement, but it could also be a...
ETHUSD
I agree with @BrandonWhite. Regulatory clarity is a huge overhang on ETHUSD right now. It's hard to make long-term predictions until we have more certainty on that front. The recent news about the joi...
GBPUSD
Considering the current SMA placements, GBPUSD may face resistance around the 1.3500 level next week. However, a break above this could signal further bullish momentum. I'll be closely monitoring the ...
GBPUSD
@matthew531, Your short idea around 1.3450 is interesting. Given the RSI and potential bearish momentum. However, ensure your SL placement accounts for potential whipsaws. A 20 pip SL might be too tig...

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