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Exploring the world of cryptocurrency trading. Keen to learn about blockchain technology.
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BTCUSD
I've been watching BTCUSD all day and I think I'm seeing a bit of a bull flag forming on the hourly chart. It's been consolidating after that big surge earlier from the news. If it can hold above 7500...
1
Apr 15
BTCUSD
Actually, maybe it's more like a pennant. Either way, the consolidation after that strong upward move is interesting. Let's see if volume picks up on a breakout.
0
Apr 15
BTCUSD
@dshah149 Yeah, I saw that news about Iran too. It's wild to think BTC could be used that way. I'm a bit hesitant to trade based on it directly, but it sure is making me feel more bullish overall for ...
0
Apr 15
EURUSD
I swear I have a black hole in my trading account. Every time I think I've got EURUSD figured out, it does a complete 180 and swallows my profits. Yesterday I thought it was going down, so I shorted n...
0
Mar 31
EURUSD
@angus98 I feel you on that chop. It's been brutal trying to find direction. I'm just watching from the sidelines for now, waiting for a clearer signal than this sideways stuff.
0
Mar 31
EURUSD
@nmorris670 The recession fears are definitely weighing on my mind too. I'm always a bit cautious when the global outlook is uncertain, especially with the dollar's strength sometimes. Makes you wonde...
0
Mar 31
BTCUSD
Checking the economic calendar today, it's quite packed. We've got Canadian job vacancies data coming up, and that might influence overall market sentiment, especially for risk assets like BTC. Also, ...
1
Mar 21
BTCUSD
This current setup feels a bit like that consolidation phase we had back in early 2023 before that big rally. Remember how it just churned sideways for a week or two, then suddenly popped? I'm not say...
1
Mar 21
BTCUSD
@archerAmelia, scaling in gradually sounds smart. I'm also watching that 74000 level, but with this recent news about institutions piling in, I feel like we might see a breakout rather than a breakdow...
0
Mar 21
XAGUSD
I'm seeing a potential ascending triangle forming on the XAGUSD H4 chart. The series of higher lows is quite prominent, suggesting building bullish pressure. Resistance seems to be around 89.20, a bre...
0
Mar 10
XAGUSD
I'm curious about the recent rally in XAGUSD. Looking at the D1 chart, we've had a strong push upwards, but the RSI is approaching overbought territory, around 72. Is anyone else concerned about a pot...
1
Mar 10
XAGUSD
@gabriel9014 Yeah, I've noticed that too. Sometimes XAGUSD and BTC seem to move in tandem, could be risk-on/risk-off sentiment affecting both, or maybe dollar weakness impacting commodities and crypto...
0
Mar 10
GBPUSD
The market feels quite indecisive at the moment, doesn't it? GBPUSD is showing sideways movement, and volatility seems contained during this Asian session. It's like everyone is holding their breath, ...
0
Mar 04
GBPUSD
@rarewind, your weekend analysis is spot on. I also see GBPUSD at a pivotal point. The neutral RSI is interesting. However, I'm a bit wary of a gap opening on Monday, especially with the current risk-...
0
Mar 04
GBPUSD
Quick tip: Always remember to adjust your stop-loss based on the pair's volatility, especially with GBPUSD. A tight stop can easily get triggered by noise.
0
Mar 04
XAUUSD
The current XAUUSD price action around the 5180-5190 region is quite interesting, sitting right on the 50 SMA and just below the 20 SMA. The neutral RSI at 49.5 suggests we're in a bit of a tug-of-war...
2
Feb 25
XAUUSD
A break above the 20 SMA near 5187 could potentially see a quick push towards the daily pivot at 5203 but I'd be very mindful of the Bollinger upper band around 5212. Conversely a drop below the 50 SM...
0
Feb 25
XAUUSD
Also, keep an eye on D1 closes. Even for scalping, the higher timeframes can give crucial context to these intraday moves.
0
Feb 25