Ikhtiar Trading Jurnal

Posts: 20381 · #3481 - October 11, 2025, 09:59:03 PM

Today I attempted to sell Chainlink with a stop-loss at 18.89689 and a take-profit at 15.97220. On the M15 timeframe, the sharp drop in the middle of the chart indicates significant pressure from market participants, likely due to fundamental news or the simultaneous unwinding of large positions. After this extreme drop, the price briefly staged a technical rebound, but the increase was unable to break through the newly formed resistance area. This pattern is often referred to as a relief rally, or a small correction within a larger bearish trend. After this brief correction, the price returned to a horizontal position below the moving average, with volatility starting to decrease. This indicates that the market is in a consolidation phase after a major move, and market participants are awaiting a new direction to continue its movement.

Posts: 20381 · #3482 - October 11, 2025, 10:03:59 PM

Today I attempted to sell Dogecoin with a stop-loss at 0.20224 and a take-profit at 0.16919. Dogecoin on the M15 timeframe: After a prolonged sideways movement, Dogecoin's price experienced a significant, sharp decline, evident in a long bearish candle that penetrated several support levels simultaneously. This extreme decline is usually the result of a sudden increase in selling volume, either due to technical factors such as a support breakout or fundamental factors such as negative market sentiment. The large candle left a fairly long lower shadow, indicating a small buying reaction from market participants attempting to capitalize on the low price for a rebound. However, the rebound was short-lived before the price stabilized below the Moving Average area, reinforcing the indication that the primary trend remains bearish.

Posts: 20381 · #3483 - October 12, 2025, 09:04:51 PM

Quote from: Ikhtiar on October 11, 2025, 09:37:49 PM

Today I attempted to sell Bitcoin with a stop-loss order placed at 113412.93 and a take-profit order at 108525.04. On the M15 timeframe, Bitcoin showed a strong rejection at the bottom, forming a long shadow, indicating a failed rebound attempt. However, because the price failed to reach a new higher high, the resulting bullish signal is temporary. The area around the first horizontal line can be considered a resistance zone or an ideal entry point for a sell position, as it was where the price previously experienced rejection. Meanwhile, the lower horizontal line is the take-profit area, which also serves as the nearest support. If the price breaks through this area, a new downward wave is likely to emerge, with the next target at a lower psychological level.

My open sell position on Bitcoin hit my stop-loss, resulting in a loss of $132.04. Looking at Bitcoin's movement on the 15-month timeframe, it's actually rising and has now begun to move above the 200-day moving average (MA200), indicating the trend on the 15-month timeframe has shifted from bearish to bullish.

#3484 - **Today** at 07:24:12 PM

Posts: 20381 · #3484 - October 12, 2025, 11:05:57 PM

Quote from: Ikhtiar on October 11, 2025, 09:40:12 PM

Today I attempted to sell Litecoin with a stop-loss order placed at 101.74 and a take-profit order at 85.68. Litecoin on the M15 timeframe: After a sharp decline, the price entered a fairly long consolidation phase. Movement during this phase was relatively flat, indicating the market was attempting to stabilize after high volatility. However, the general price trend remained bearish, as each attempt to rise was halted and unable to break through the red Moving Average line. This indicates that buyers' strength is not yet strong enough to take control of the market. The sideways phase after a sharp decline is often referred to as an accumulation or distribution phase, depending on the direction of the preceding trend. In this context, distribution is more likely, as the primary trend remains bearish.
My open sell position on Litecoin hit my stop-loss, resulting in a loss of $43.80. Litecoin on the 15-month timeframe has just crossed the 200-day moving average (MA200) and is moving upward. There's a possibility that Litecoin will head towards the supply area at 124.11.

Posts: 20381 · #3485 - October 12, 2025, 11:07:58 PM

Quote from: Ikhtiar on October 11, 2025, 09:42:36 PM

Today I attempted to sell Ethereum with a stop-loss order placed at 3881.83 and a take-profit order at 3632.02. Ethereum on the M15 timeframe. From a price action perspective, it can be observed that after the extreme decline, several candlesticks with long lower shadows appeared, indicating a reversal attempt by buyers. However, each time a rebound occurred, the upward momentum weakened before reaching strong resistance above. This condition indicates that the market is still dominated by sellers, and buying pressure is not yet strong enough to change the trend structure. This type of candlestick formation usually indicates that the market is in a distribution phase, where large players may take profits before continuing the next decline.

My sell position on Ethereum hit my stop-loss, resulting in a loss of $7.55. Ethereum on the 15-month timeframe has successfully broken through the 200-day moving average (MA200) and formed a demand area at 4046.51. I believe Ethereum will rise today.

Posts: 20381 · #3486 - October 12, 2025, 11:10:12 PM

Quote from: Ikhtiar on October 11, 2025, 09:45:00 PM

Today I attempted to sell Ripple with a stop-loss order placed at 2.5365 and a take-profit order at 2.2501. Ripple's M15 timeframe shows a clear downtrend. The price movement indicates strong seller dominance, as evidenced by a series of long bearish candles that have significantly pushed the price down. The red line, representing the Moving Average indicator, shows a downward slope, indicating that the medium- to long-term trend remains bearish. The price's continued position below the Moving Average indicates that selling pressure remains dominant, and buyers' attempts to push the price up have been unsuccessful.

My open sell position on Riple hit my stop-loss, resulting in a loss of $84.70. Riple on the 15-month timeframe, after experiencing a sharp decline last week, is now slowly starting to rise again. I believe we can look for buying opportunities in Riple today.

Posts: 20381 · #3487 - October 12, 2025, 11:12:43 PM

Quote from: Ikhtiar on October 11, 2025, 09:47:12 PM

Today I attempted to sell Cardano with a stop-loss order placed at 0.67652 and a take-profit order at 0.59425. Cardano, on the M15 timeframe, exhibited a consolidation pattern with a persistent downward trend. This consolidation phase occurred within a narrow range, indicating the market was attempting to find a new equilibrium. However, despite decreasing volatility, selling pressure remained strong, as each time the price attempted to rise, it was held back and fell back. This indicates that the bearish trend remains dominant, and the market is likely preparing to resume its decline after the consolidation period is over. This situation typically occurs when market participants await additional confirmation before resuming a major move.

My open sell position on Cardano hit my stop-loss, resulting in a loss of $2.54. Cardano is currently testing the supply area on the 15-month timeframe. If it breaks through, it's likely to move towards the supply area at 0.76213.

Posts: 20381 · #3488 - October 12, 2025, 11:15:16 PM

Quote from: Ikhtiar on October 11, 2025, 09:52:09 PM

Today I attempted to sell Solana with a stop-loss order placed at 185.80 and a take-profit order at 171.03. Solana on the M15 timeframe: After a significant decline, the Solana price entered a period of consolidation in the lower area. This consolidation is characterized by narrow movement and small fluctuations between minor support and resistance levels. This phase usually indicates the market is seeking a new equilibrium after a previous sharp movement. However, despite attempts to form a consolidation pattern, the price was unable to break through the upper area and instead showed signs of weakening again. This indicates that selling pressure remains strong, and the next move will likely continue the downward trend.

My open sell position on Solana hit my stop-loss, resulting in a loss of $43.00. Solana on the 15-month timeframe briefly dropped sharply to 167.79. However, it appears to be starting to rise again. I believe last week's decline was temporary.

Posts: 20381 · #3489 - October 12, 2025, 11:17:35 PM

Quote from: Ikhtiar on October 11, 2025, 09:56:52 PM

Today I tried selling Uniswap with a stop-loss at 6,362 and a take-profit at 5,328. Uniswap on the M15 timeframe. From a price action perspective, the pattern that formed after the major decline is a weak consolidation formation. There are no strong bullish candles or clear reversal patterns such as a double bottom or inverse head and shoulders. This indicates that there is no significant buying interest capable of changing the market direction. The long tails on certain candles do indicate buying at lower levels, but because they are not accompanied by large volume and continued upward movement, they are more appropriately considered a momentary technical rebound, not a reversal signal.

My open sell position on Uniswap hit my stop-loss, resulting in a loss of $2.77. Uniswap is currently trading at 6,583 on the M15 timeframe. Judging by the pattern Uniswap has formed, I believe it will likely rise again today.

Posts: 20381 · #3490 - October 12, 2025, 11:20:21 PM

Quote from: Ikhtiar on October 11, 2025, 09:59:03 PM

Today I attempted to sell Chainlink with a stop-loss at 18.89689 and a take-profit at 15.97220. On the M15 timeframe, the sharp drop in the middle of the chart indicates significant pressure from market participants, likely due to fundamental news or the simultaneous unwinding of large positions. After this extreme drop, the price briefly staged a technical rebound, but the increase was unable to break through the newly formed resistance area. This pattern is often referred to as a relief rally, or a small correction within a larger bearish trend. After this brief correction, the price returned to a horizontal position below the moving average, with volatility starting to decrease. This indicates that the market is in a consolidation phase after a major move, and market participants are awaiting a new direction to continue its movement.

My open sell position on Chainlink hit my stop-loss, resulting in a loss of $8.45. Chainlink has moved above the 200-day moving average (MA200) on the 15-month timeframe, indicating a short-term trend change. Chainlink is currently testing the supply area; if it breaks through, it's likely to rise even higher.

#3491 - **Today** at 07:24:12 PM

Posts: 20381 · #3491 - October 13, 2025, 11:24:37 PM

Today I attempted to sell EURUSD with a stop-loss at 1.1584 and a non-profit at 1.1552. EURUSD on the M15 timeframe. From a price action perspective, several candlesticks indicate downward pressure, with relatively long lower shadows occasionally appearing, indicating buyers are still trying to prevent the price from falling further. However, repeated candlesticks with small bodies indicate that market momentum is starting to wane, or in other words, the market is entering a period of waiting for confirmation of its next direction. A closer look reveals a tendency for the price to form a narrow sideways pattern below the moving average (MA), which is often a sign that the market is gathering steam before continuing its main direction.

Posts: 20381 · #3492 - October 13, 2025, 11:27:57 PM

Today I attempted to buy GBPUSD with a stop-loss order placed at 1.3312 and a take-profit order at 1.3352. GBPUSD on the M15 timeframe. Overall, the current price movement appears to be in a consolidation phase after a sharp decline followed by an upward rebound. The red line on the chart represents the Moving Average indicator, which serves as a guide to trend direction. The price remaining around or slightly below this line indicates the market is still in a state of uncertainty as to whether to continue the downtrend or attempt a reversal.

Posts: 20381 · #3493 - October 13, 2025, 11:30:04 PM

Today I attempted to buy USDX with a stop-loss order placed at 99.11 and a take-profit order at 99.42. On the M15 timeframe, USDX showed several rejections after reaching the resistance area around 99.35, preventing it from breaking higher. This indicates that this area represents strong resistance and warrants close attention. Meanwhile, a key support area is seen around 99.10, where the price has reacted and bounced off it several times. As long as the price remains between these two areas, it can be concluded that the market is in a sideways phase with a mild bullish tendency, as the price remains above the moving averages.

Posts: 20381 · #3494 - October 13, 2025, 11:34:56 PM

Today I attempted to buy gold with a stop-loss order placed at 4101.35 and a take-profit order at 4128.58. Gold on the M15 timeframe. Technically, the area around 4110 to 4115, the current price level, can be considered a short-term resistance zone. If the price breaks through this area with a strong bullish candlestick, there is a wide opportunity to continue rising to the next target around 4125 to 4140. However, if there is rejection from this area, the price could potentially experience a slight correction back to the nearest support area around 4085 to 4075 before continuing to rise further.

Posts: 20381 · #3495 - October 13, 2025, 11:38:13 PM

Today I attempted to buy GBPJPY with a stop-loss order placed at 202.67 and a take-profit order at 203.52. GBPJPY on the M15 timeframe. Observing the price movement pattern, it appears the market remains under overall bearish pressure, although the price is currently attempting to break through the red Moving Average line, which appears to act as dynamic resistance. The price's position below the moving average indicates that the dominant short-term trend remains down, while the sideways movement around the line indicates a consolidation phase or the formation of a new balance between buying and selling pressure.