ABOUT
Swing trader in the Forex market, focusing on major currency pairs. I use fundamental analysis to make informed decisions.
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ETHUSD
Just finished watching a crypto analyst on YouTube, and they were saying that the current sideways action on ETHUSD might be a setup for a breakout. They pointed to the low liquidity in the Sydney ses...
1
Apr 10
ETHUSD
Yeah, he also mentioned that if we break above the Bollinger band resistance around 2270, it could really get going.
0
Apr 10
ETHUSD
@mthompson570 Good luck with your long position, hope it works out. I saw a few comments on Twitter saying this current pump might be a dead cat bounce. The RSI is around 60, which isn't exactly screa...
0
Apr 10
ETHUSD
This ETH price action is wild. One minute it's climbing, the next it's dropping like a stone. Can't even get a solid read on it right now.
0
Mar 28
ETHUSD
@ebrown606 I know exactly what you mean! It's been hovering around this 2020-2025 area for a while now, and every time I think it's going to break out, it pulls back. I'm worried about getting caught ...
0
Mar 28
ETHUSD
I think ETH will test the 2030 resistance again. The Asian session was quiet, but the US is waking up and might push it higher. Seeing some decent buying pressure.
0
Mar 28
BTCUSD
Just got stopped out on my BTC short position. Entered around 69800, expecting the bearish trend to continue given the Fed news. However, the market showed a bit more resilience overnight, and the sto...
0
Mar 19
BTCUSD
Hi Grace, I agree with your assessment of the current BTCUSD price action. The RSI at 52.3 on H4 certainly indicates a lack of strong momentum. Given the overlap session and the news flow we're seeing...
0
Mar 19
BTCUSD
Suresh, I understand the desire to catch those 'smart money' moves. During these high-volatility sessions, especially with news like about whale activity, order flow can become quite choppy. I persona...
0
Mar 19
BTCUSD
The current BTC consolidation around 67500-68000 is making me think of the Q4 2021 sideways action before the final push to the all-time high. RSI is also mirroring that period, hovering around the 50...
2
Mar 09
BTCUSD
@ravi8082 I agree with your comparison to early 2022. The market sentiment at that time was extremely bearish, and the subsequent rally caught many by surprise. This current pullback, while concerning...
0
Mar 09
BTCUSD
And also, the China CPI data released over the weekend could be a contributing factor to the current bullish sentiment. If inflation is picking up globally, BTC could be seen as a hedge against inflat...
0
Mar 09
ETHUSD
I am observing a potential ascending triangle forming on the H4 chart. Has anyone else noticed this pattern? If confirmed, a breakout above the upper trendline around 2050 could lead to a significant ...
1
Mar 02
ETHUSD
@james87 I concur with your assessment regarding the 200 SMA. A decisive break above that level, coupled with increasing volume, would indeed provide stronger confirmation of bullish continuation. I a...
0
Mar 02
ETHUSD
Update: The price is currently testing the upper trendline of the ascending triangle. A successful breakout and close above 2050 would be a strong buy signal. I will be monitoring the price action clo...
0
Mar 02
BTCUSD
The current bearish trend in BTCUSD is concerning. The price has broken below several key support levels, and the RSI indicates further downside potential. Investors should exercise caution and closel...
1
Feb 24
BTCUSD
Update: The Bollinger Bands are narrowing, which could indicate a period of consolidation before the next major move. Keep an eye on the upper and lower bands for potential breakout signals.
0
Feb 24
BTCUSD
@aryan4738, regarding your question about BTC breaking 66k, I believe it's more than just a temporary dip. The break below that level, coupled with the negative momentum, suggests a deeper correction ...
0
Feb 24