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Altcoin Market Retests Key Support Level Again
BTC has experienced 6 days of downside, which is also caused the Altcoin market to experience downside as well. The Altcoin market is now retesting the yellow trendline for a second time around $590 B market cap. The Altcoin market was trading in a light blue channel, but has lost support during this week’s downtrend. […]Read More
Bitcoin Trending for 6 Consecutive Red Days
Bitcoin has reached previous all time highs at $73.7k on October 30, and has experienced 6 consecutive red days in a row starting on Oct. 31. This has been a recurring theme with a selloff to start the month, and this selloff is likely caused by Bitcoin derivatives that are rolled over each month. In […]Read More
RAY Trading Near $3.815 Resistance
RAY had a lot of upside over the past 2 weeks, and is now approaching resistance near $3.815. I think RAY could experience a pullback around $3.815, which could lead to a buy opportunity if there’s a big correction. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreAltcoin Market Remains Flat Since Mid September
The Altcoin market has traded sideways within this light blue channel while also forming a bullish breakout and retest above the yellow resistance line. While the Altcoin market has been flat, some ALTS like DOGE and SUI have outperformed the broader Altcoin market. I think once the Altcoin market starts to rally all Altcoins should […]Read More
DEEP Bullish Breakout and Retest
DEEP has been trading within the yellow descending wedge pattern, and formed a massive shakeout before starting a successful breakout. I think DEEP has broken out of the wedge pattern and successfully retested the upper range of the wedge. This yellow channel has flipped from resistance into support, and DEEP is starting to rally higher. […]Read More
Bitcoin Forms a Bullish Rebound
Yesterday Bitcoin formed a bullish rebound, but still rolled over and dipped a bit lower. Today’s bullish rebound looks like it will be a successful one. I think crypto dips are for buying as we approach the most bullish part of the bull run over the next 11 months. I have $73.7k as all time […]Read More
Altcoin Market Forming a Correction
The Altcoin market was red yesterday and is selling off a bit more today. I think there is a trading range between the light blue channel and room for ALTS to drop lower over the next few days. The price action will depend on Bitcoin’s price movement, and for now Bitcoin looks like it can […]Read More
Bitcoin Ready to Go Parabolic
Sideways Price Action for Bitcoin Since Tuesday Bitcoin had a very bullish start to the week with a strong rally on Sunday and Monday. However, the price action has been neutral since Tuesday, and Bitcoin is experiencing resistance near $73.7k all time highs. Bitcoin is retesting the local lows around $71.3k, and I think there […]Read More
Bitcoin Rejection at All Time Highs
Yesterday Bitcoin formed a rejection at previous all time highs around $73.7k. There was a pullback from this red resistance line, and it looks like BTC is forming a bullish rebound around $71.3k. I would monitor for a break or rejection at $73.7k over the next few hours and days. Bitcoin has successfully formed a […]Read More
Warning: Volatility for Thanksgiving Week
We’ve had an incredible two years of price action. Thanksgiving week there is usually a lot of volatility that leads to steep losses, I just want to give a warning to avoid losing money that week. Most traders and investors pull out profits for the holidays, and there tends to be wild swings in both […]Read More
Bitcoin Trading Under $98k – $100k Sell Wall
Coinbase is showing a strong sell wall between $98k and $100k. BTC has peaked around $98k so far, and I think there should be concerns for a selloff. For now the price is trading around $97k. If there is a pullback I have the white trendline as support around $94.2k and there is resistance at […]Read More
MSTR Hits $528.76 Resistance
MSTR has reached my first price target, and is starting to selloff today. BTC is trading under a strong resistance zone between $98k and $100k, it looks like MSTR traders would prefer to take profits here instead of waiting to see if BTC breaks above $100k. If BTC manages to break above $100k then MSTR […]Read More