Over the weekend, SHIB recorded a +50% bounce from the $0.0000278, culminating with a peak at the $0.0000446 high. However, the thirteenth-largest Cryptocurrency suffered an almost immediate plunge into the $0.0000375 - $0.0000325 pivot zone. That said, the supportive factors around this axis helped the meme coin return to the upper-$0.0000400 area early this...
DOGE recorded a sharp recovery over the $0.280 line briefly over the past few hours before erasing most of its gains and dropping towards the $0.260 support. I expect the meme coin to post a steady rebound to the $0.270 critical resistance over the coming hours and a possible retest of the $0.280 six-week high. Trading conditions and volume remains on the lower...
After recording a new all-time high on Wednesday, BTC has fallen into correction mode towards the $60K psychological support to ease out of overheated conditions. The benchmark cryptocurrency has remained in a sideways momentum between $62K and 61K for the past few days but temporarily dipped below the $60K support yesterday. That said, we expect a return to the...
XRP continues to battle bullish weakness under the $1.1500 level. Despite a solid bullish sentiment across the broader market, XRP still lacks the strength to secure meaningful bullish gains. The seventh-largest cryptocurrency suffered another defeating blow yesterday following a retest of the $1.1500 resistance, which sent it below the $1.1000 support. That said,...
As mentioned earlier, SOL has regained a solid bullish momentum as it snaps the $200 resistance, coming a little over 4% from its all-time high at $216. However, the cryptocurrency posted a minor correction near the $200 support over the past few hours but remains in close contact with our bullish arc. That said, we expect a retest and break above the $216 line in...
Following an aggressive full-bodied candle break above the $65,000 level to the $67,000 new ATH, BTC posted a mild drop to the $65,000 line. Earlier today, the primary cryptocurrency resumed an upward momentum to retest the new ATH but encountered immense bearish pressure near the $67,000 level, forcing a sharp correction to the $61,400 area. This correction found...
Although a few days (five) earlier than I predicted, the benchmark cryptocurrency has finally reemerged above the $65K ATH and painted a new one at $67K. Not surprisingly, BTC recorded a sharp correction a few hours ago to the $61.4K support as trading conditions entered overheated territories. That said, BTC is not out of the woods yet, and we could see...
The GBP/USD has defeated all the odds and is now in a strong bullish move. It is currently approaching the strong resistance at 1.2950 and IMO it could get rejected on the first try but could succeed breaking above in a re-test. Let's wait and see #channelguide #channeltrader.
The USD/JPY is currently about to re-test the 107.5 level. IMO, a bounce should occur on or before that level and could send this pair to the 108.00 level and subsequently the 108.86. #channelguide #channeltrader.
The USD/CAD is still right on course to take the 1.3400 psychological line and the 1.3480 subsequently.
I expect the GBP/USD to drop to the 1.2758 area once again. Might take a while tho.
The USD/CAD has just successfully completed this channel cycle. The possible next target is the 1.3307 and subsequently the 1.3260. On the flip side, however, it could bounce off the 1.3315-07 and resume upwards. #channelguide #channeltrader.
The GBP/USD is showing a possible bullish setup. IMO, the sterling has just retested the 1.2758 line and could see higher levels soon. Its possible targets are the 1.2858, 1,2919 and subsequently the 1.2950. #channelguide #channeltrader.
With the newly found bullish momentum of the EUR/USD, a slight retrace (which we are currently witnessing) to the 1.1020 is very likely. If the price successfully rejects that support, it could bounce to the 1.1100 psychological line and subsequently the 1.1215. #channelguide #channeltrader.
IMO, The GBP/USD is poised to see the 1.2950 level before the end of the day. #channelguide #channeltrader.
I expect to see something like this soon. The price will take the base of the channel and continue on its new trajectory; up. #channeltrader #channelguide.
The USD/JPY is about to test the 110.00 support. However, I expect the price to bounce-off that line and head towards the 112.00 level Again. #channelguide #channeltrader
The USD/CAD cleanly broke above the strong resistance at 1.3260 and went on to test the 1.3307 line but failed to take that line. It now looks to be retesting the 1.3260 line. However, the overall bias for this pair is bullish. #channelguide #channeltrader