TraderEngineering

TraderEngineering Updated 

Dogecoin has had some fantastic bullish action as of late! If you followed my previous 4HR analysis from December 5th and longed, you made out with a 1:3 trade. What we're looking at now is another nice long setup, but should we take it? How do we trade this? 🤔 We have an ascending triangle which is a bullish pattern following a strong bull macro trend, the...

TraderEngineering Updated 

TonCoin has been rejected at the Lifetime Resistance zone and is currently falling toward the Weekly 30EMA. The trading area between the 30 EMA and Resistance Zone is relatively tight making a good Risk/Reward Ratio more difficult to obtain. How do we trade this? 🤔 The Crypto Market is currently bullish so we should be looking for price areas to get long. We...

TraderEngineering Updated 

Ripple has its sights set on the Resistance Zone at a price range of $0.715 to $0.75! We're currently breaking out from the Bull Channel to the upside. Do we long now? How do we trade this? 🤔 If you're going to long, Do it at the close of this 4HR candle in 30 Minutes! The best place to long would have been a couple of candles ago when the price was at $0.63...

TraderEngineering Updated 

OneCoin is struggling to continue upward at the Resistance Zone, hinting that the price wants to fall back to the EMA ribbons. Is this an opportunity to short? Or should we look for a long? How do we trade this? 🤔 The last three candles have been relatively weak bull bars, especially the last one which ended as a doji (a one-bar trading range). The current...

TraderEngineering

EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom? How do we trade this? 🤔 If you're not currently in a trade, I would wait until the...

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Fantom had an excellent breakout of the previous resistance zones at $0.34 and $0.37 per my previous analysis. If you longed the suggested trade, you achieved a 1:3 Risk/Reward Ratio! What are the next moves now that we've hit the Weekly 200EMA? How do we trade this? 🤔 Fantom is red hot to the upside making contact with the Weekly 200EMA, an expected resistance...

TraderEngineering Updated 

Uniswap is showing bull channel support and is indicating the price wants to continue upward toward the $7.25 range. Should we long here? Or is the previous channel resistance around $6.50 going to send us back to the depths? How do we trade this? 🤔 It's reasonable to long now. We have a bull signal candle at channel support followed by an additional bull...

TraderEngineering Updated 

Ethereum is at a crucial moment in its journey to break the $2,100 resistance area. We're currently in an ascending triangle, a bullish pattern, knocking on the resistance zone door. Will it break through? How do we trade this? If you are not in a trade right now, do not enter one. We should not be longing resistance nor should we be shorting without a sell...

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The Japanese Yen Index descending wedge pattern initially broke to the downside, the opposite expected move statistically. A double bottom formed shortly after and reversed hard to the upside! Now we're at the 200EMA Resistance, what are the next moves? How do we trade this? 🤔 There are no good trades to take on the Daily chart. We're too close to resistance,...

TraderEngineering Updated 

Fantom continues its bullish blast bouncing hard off of the 4HR 200EMA ribbon and then the 30EMA. We're now closing in on Resistance Zone #1 and need to know what the next trade move will be. How do we trade this? 🤔 We're too close to the resistance zone to long and we don't yet have any indication that the price will reverse. Best to wait on the sidelines...

TraderEngineering Updated 

Cardano is racing toward the Resistance Zone after a successful break to the upside from last week's bull flag, as predicted in our last analysis. We're getting closer to resistance and the big question is, do we short it? How do we trade this? 🤔 If you're still in a long from bull flag breakout, good! Don't exit yet as we have not seen a reversal signal. ADA...

TraderEngineering Updated 

USDJPY fell from the double top as predicted in last week's analysis, hitting my take profits all the way down to 147.120. Will there be more downside or are we ripe for a rip back to 152.000? How do we trade this? 🤔 This analysis shows us three clean support areas: 146.000 (Bull Channel Support), 145.000 (Previous High), and 144.000 (200EMA). It's reasonable...

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Dogecoin ripped through the $0.88 Resistance, found support on it, then blasted through the next resistance of $0.10! My previous analysis projected this outcome and successfully closed the proposed trade. Where does the Doge price go from here? How do we trade this? 🤔 We're now zooming out to the Weekly candles to see where the next Resistance Zone is and it...

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Immutable has fallen out of the bull channel and is trailing sideways around the 30EMA. We don't have any signals to determine if the next move is a drop or pop. How do we trade this? 🤔 We don't have enough justification to enter a trade in either direction at this time. What we do have; The macro trend is clearly bullish, we're still above the 200EMA and...

TraderEngineering Updated 

GBPUSD has made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 It is not reasonable to short just yet because we do not have a sell signal! We're currently at the resistance level but without a confirmation of rejection,...

TraderEngineering Updated 

Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out? How do we trade this? 🤔 There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin...

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Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through? How do we trade this? 🤔 XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar...

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Solana is struggling at Previous Resistance showing signs that a major reversal is near. If the price fails at this level and leaves a raging red bear candle, what does that mean for the next trade? How do we trade this? 🤔 There are two ways to handle this chart, short scalp or wait to long. We cannot long at resistance, the Risk/Reward AND Probability are all...