MostRecenTrade

#TradeStories #MostRecenTrade *My Most Recent Trade: A Reflection*

I recently took a trade on ENA, buying at $0.3602 when the RSI (6) dipped to 29. I rode the wave up to $0.3733, where I sold, securing a profit.

*Trade Analysis*

The trade played out well, with the RSI (6) reaching 70 at the time of sale. The price continued to rise, hitting $0.3879, but my strategy focused on capturing a portion of the move, which I successfully executed.

*Trade Details:*

- *Buy Price:* $0.3602
- *Sell Price:* $0.3733
- *RSI (6) at Buy:* 29
- *RSI (6) at Sell:* 70
- *Highest Price Reached:* $0.3879

I'm pleased with the outcome of this trade, and it's a good example of how sticking to my strategy can yield positive results.

#MostRecenTrade The cryptocurrency market is experiencing some volatility. Here's a snapshot of recent activity and trends:
Recent Price Movements (Illustrative Examples):
* Bitcoin (BTC): Trading around $102,000 - $104,000, showing some fluctuations with slight decreases in the last 24 hours on some exchanges and minor gains on others. It's still near its all-time high.
* Ethereum (ETH): Hovering in the $2,400 - $2,500 range, also with minor decreases reported across different platforms.
* XRP: Showing some positive movement with gains reported in the last 24 hours on several exchanges.
* Solana (SOL): Trading around $170 - $174, with slight decreases in the past day.
* Dogecoin (DOGE) and Shiba Inu (SHIB): Both meme coins have seen more significant drops in price in the last 24 hours on some platforms.
Key Trends and Observations:
* Profit-Taking: There are reports of investors taking profits after Bitcoin's recent surge above the $100,000 mark.
* Altcoin Season Potential: Despite some recent dips, there's still optimism about a potential "altcoin season" as Bitcoin dominance has slightly decreased.
* DeFi Interest: Decentralized Finance (DeFi) protocols like Hyperliquid (HYPE), Aave (AAVE), and Pendle (PENDLE) are gaining traction. HYPE, in particular, has seen significant gains recently.
* Liquidation Events: Some cryptocurrencies, including Bitcoin, have experienced significant liquidation events in the past few hours.
* Market Capitalization: The global cryptocurrency market cap is around $3.2 - $3.4 Trillion, showing some decrease in the last 24 hours.
* Trading Volume: 24-hour trading volumes remain high for major cryptocurrencies like Bitcoin, Tether, and Ethereum.
Top Cryptocurrencies by Volume (Illustrative):
Based on recent data, the cryptocurrencies with the highest 24-hour trading volume often include:
* Tether (USDT)
* Bitcoin (BTC)
* Ethereum (ETH)
* USD Coin (USDC)
* XRP
* Solana (SOL)

$BROCCOLI714 bought some broccoli earlier today at the dip. I knew the surge was coming back. 🚀🚀🚀
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#beastmodeRK

RK

#CryptoRoundTableRemarks SEC’s recent roundtable signals a shift toward tailored crypto regulation. Chair Paul Atkins stressed clarity in token classification, custody, and trading. AI-driven fraud was also a hot topic. A balanced path forward is in the works.

#TradeStoreis #MostRecenTrade

#CryptoRoundTableRemarks SEC’s recent roundtable signals a shift toward tailored crypto regulation. Chair Paul Atkins stressed clarity in token classification, custody, and trading. AI-driven fraud was also a hot topic. A balanced path forward is in the works.

#TradeStoreis #MostRecenTrade

#CryptoRoundTableRemarks SEC’s recent roundtable signals a shift toward tailored crypto regulation. Chair Paul Atkins stressed clarity in token classification, custody, and trading. AI-driven fraud was also a hot topic. A balanced path forward is in the works.

#TradeStoreis #MostRecenTrade

#CryptoCPIWatch As of May 13, 2025, the latest U.S. Consumer Price Index (CPI) data reveals a softer inflation landscape, with headline inflation rising 0.2% month-over-month and 2.3% year-over-year, slightly below the anticipated 2.4%. Core CPI, which excludes food and energy prices, increased by 0.2% monthly and 2.8% annually, aligning with expectations.  

This unexpected moderation in inflation, coupled with a temporary 90-day reduction in U.S.-China tariffs, has bolstered investor sentiment, leading to a weakened dollar and modest gains in U.S. stock futures. Consequently, market expectations for Federal Reserve rate cuts have been scaled back, with anticipated cuts reduced from over 100 basis points to 56 basis points for the year. 

In the cryptocurrency market, Bitcoin (BTC) experienced a decline below $103,000 as traders secured profits ahead of the CPI release. Despite this short-term dip, analysts suggest that if macroeconomic conditions remain favorable, the bullish outlook for BTC could persist. Ethereum (ETH) also saw a slight decrease, trading around $2,539.48. 

In India, retail inflation eased to 3.16% in April 2025, marking the lowest year-on-year rate since July 2019. This decline, driven by a significant drop in food prices, provides the Reserve Bank of India with more room for potential interest rate cuts to stimulate economic growth.

#TradeStoreis #MostRecenTrade

#MostRecenTrade
The best currencies for long-term trading. You like to hold the currency for a long time, weeks, and it can reach months.
Or
short-term if you are a fast trader who likes quick, instant trades. ♥️$PNUT