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I mainly trade Bitcoin and Ethereum. I want to understand blockchain technology.
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ETHUSD
The CLARITY Act news is interesting. If it passes, could see more institutional money flow into ETH. Watching that 200 SMA around 2109 for support, but current price action is choppy. Needs to break a...
ETHUSD
Hey @dthomas743, breaker blocks are concepts from supply/demand zones. The 200 SMA is indeed a key level. For scalping, focus on shorter timeframes and risk management. Don't overcomplicate it yet.
ETHUSD
Ha! @JosephBaker, that cat meme sounds like a classic liquidity grab moment. Happens to the best of us. Focus on execution, not distractions.
BTCUSD
This BTCUSD price action is really something today. Stuck between the 20 and 50 SMA, bouncing around the 66250 pivot. Feels like we're just waiting for the next catalyst, maybe from that regulatory ne...
BTCUSD
Actually, re-reading that news about institutions wanting to buy more is interesting. If they're still looking to accumulate despite the volatility, it suggests a bullish undertone beneath the surface...
BTCUSD
Thinking about picking up a small rental property soon. The market seems a bit cooler now, maybe a good time to negotiate? Wondering if anyone has tips on what to look for in a good investment area th...
ETHUSD
Good morning everyone. Watching ETHUSD overnight, it looks like we had a bit of a liquidity grab below 2200. Price is currently trying to bounce but RSI is still low around 36. I'm wary of this move b...
ETHUSD
Yeah, I agree with @redStorm7. This bounce feels weak. The wholesale price data also suggests inflation is still sticky, which might not be good for risk assets like ETH. I'm not looking to go long he...
ETHUSD
Just looking at the chart again, price is struggling to get past the 2200 level, which is also near the R1 pivot. The daily SMA 20 is sitting above at 2237. This looks like a good area for sellers to ...
DXY
Weekend chart analysis on DXY shows it's stuck between the 50 and 200 SMA. News about the oil crisis could push it either way next week. I'm waiting for a clear breakout before making any moves. See y...
DXY
@DivyaM65, I'm also concerned about a gap. With the markets closed over the weekend, any overnight news can cause a significant move on Monday open. The oil crisis is definitely a factor to watch. If ...
DXY
@vikram1142 Agree, 98.45 is the level to watch. If that support breaks, we might see a quick drop. RSI is showing bearish momentum, so I'm leaning towards a short if it breaks.
ETHUSD
ETHUSD is near S1 pivot at 1927.24. If it breaks below, next support is S2 at 1918.59. RSI is neutral, so no strong signal yet. Watching closely for a potential short entry if S1 fails. What do others...
ETHUSD
Update: Price is testing 1927.24 now. Volume seems low though. Not sure if the breakdown will be sustained. Maybe a fakeout? I will wait for confirmation before entering any position. Need more volume...
ETHUSD
@rajesh1985 I agree that the 50-day SMA is important. But 2078 seems too far away for a long entry right now. The current trend is bearish. Wouldn't it be safer to wait for a pullback to the 20-day SM...
XAUUSD
Gold is up today. The 20-day SMA is at 5127.09. Is this a good sign? I am still learning how to interpret these moving averages. Hope it continues to go up.
XAUUSD
@ethanharris Breakout above what level? I'm not sure what resistance to look at. Still trying to learn how to spot these on the chart.
XAUUSD
I see the RSI is 63. @jose137 Is that high? What RSI level indicates overbought? I am trying to correlate RSI with price action. I'm also not sure about scalping, it sounds risky for gold. Thnk I will...
XAUUSD
XAUUSD showing strong bullish signals today. RSI above 60, and price above both the 20 and 50 SMAs. Might be a good opportunity to enter a long position. Need to analyze the D1 chart for confirmation ...
XAUUSD
@ajones130 Thanks for the setup. I'm also seeing the bounce off the 50 SMA. Will monitor and see if I can enter around your price point.

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