GBPUSD is flirting with the resistance zone, leaving the bulls wondering if another fall in this trading range is upon us this week. But is the dollar strong enough to take the British Pound into the ground? How do we trade this? The price is currently in a trading range between 1.20000 and 1.28000 and we're getting close to the resistance zone where the Weekly...
USDCAD closed a bear candle below its bull channel support last week, leaving the bulls to wonder if this is the beginning of the end! Will the US Dollar recover and bring us back into the bull channel? How do we trade this? We closed a candle below the bull channel, it's reasonable to be biased to short in the short term. The price may want to make contact...
EURUSD is pushing toward the resistance zone which gives the bulls some tingly senses to take profit and run the price back to the downside. Will the Dollar show strength this week and keep EURUSD from breaking resistance? How do we trade this? The price is currently in a trading range between 1.05000 and 1.10000 and we're getting close to the resistance zone...
USDJPY fell below the 30EMA to my previously predicted area of 147.100 then immediately bounced back to 150.000 only to stall and leave us wondering what the next move will be. How do we trade this? We're in a bull channel which should put us in a bias to long. But we have a double top reversal signal at a key level of resistance (the previous Weekly high of...
Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long. How do we trade this? If you're not in a trade right now, wait. We need to see not only a bull signal bar but...
ADA failed to break down after the triple top failed! The minute that bull bar on November 21st at 19:00 closed near its high, a short position should have been closed for a break even. We're still below the resistance zone. It would have been reasonable to long that bar given the multiple failed attempts to break to the downside. How do we trade this? The...
ICP is mirroring Bitcoin and Ethereum in their difficulty to break their Weekly resistance zones. This is the 4th attempt since November 12th that the price tried to clear and hold above $4.80, will it hold this time? How do we trade this? ICP is in a bull channel, which means our bias should be toward the upside. That does not mean it's the *only* data point...
TWT has been in a descending channel since November 7th, a classic burn-off pattern after a strong bull capitulation to $1.82. The downward pressure appears to be waning and we may be getting ready for a reversal. How do we trade this? The trend is always king when making trading decisions, meaning it should be the strongest data point in your analysis....
One (Harmony) is making an attempt to finally break the bear channel resistance and rocket to $0.017, the previous high before the channel began. The market sentiment may have other plans, as Bitcoin and Ethereum struggle to get past their Weekly resistances. How do we trade this? The trend is your friend until the very end and right now, our bias should be...
Uniswap took off like a rocket after making contact with the 200EMA, going from $4.85 to $6.30, a nice 30% rip! We're now approaching the bull channel resistance, will we keep going up? Or will we see a rejection and fall back down to the previous support? How do we trade this? This isn't a reasonable to long or short this timeframe. The gap between the 200EMA...
MATIC is currently pulling back from its fanning bull channel into a bear channel that currently has two pushes down. This could be a 2-legged trap and the completion of the pullback before heading toward the upside. How do we trade this? In the short term, we should be looking for shorts since we've identified this bear channel. If the current 4HR candle...
CAKE is crawling sideways in between a bull channel and above the Weekly Resistance. The price hasn't been able to break above the 30EMA nor has it broken below the Weekly Support. How do we trade this? The overarching trend is bullish, so we should set our bias to long. The price is establishing support at the previous Weekly Resistance, so it's reasonable to...
Bitcoin is attempting to break out of Weekly Resistance right now! My previous analysis showed a potential triple-top playing out which did bring us down to $35,700. That bear breakout was immediately erased and the price rocketed back into the bull channel. How do we trade this? If you're not already long from the $36,000 area, don't long just yet because...
Ape Coin has been in a sideways holding pattern for about a month, unable to break and hold over $1.50. Are these failures a death sentence for Ape? There are several data points to take into consideration and they don't all point in the same direction. How do we trade this? In a bull channel, it's reasonable to have a long bias since the probability of profit...
ETH is marching through its bull channel showing great support at the 30EMA and holding its ground in the resistance zone. It appears the bounce off of support has lost momentum. With Bitcoin also stalling at Weekly Support, it leaves some questions open. How do we trade this? We should be long in a bull trend until we have reason to doubt the trend will...
TON is showing great support along the ascending support line. The last three bars are confirmation bars supporting the bias that the pattern will continue. We're approaching previous highs from early 2023/2022 around $2.70, a resistance zone that stands in the way of the bullish price action. How do we trade this? The price currently trending upward and...
Solana pulled back to the bull channel support after ripping to $68.00. We're seeing some strong bull channel support at $51.00, but is it enough to continue the trend? There are a few ways we can look at this chart, let's explore. How do we trade this? Entering a trade at this level is weak. Bull channel support and the previous resistance levels are very...
UDS/JPY has a double top reversal signal on the Daily candles and a triple top on the 4HR candles with a massive gap to fill. This reversal signal happened at a key level, 152.00 which is the previous high from October 2022. As shown in my previous prediction, a short position is reasonable at this level. The double/triple top is the confirmation of that short,...