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ETH Facing Resistance at the Yellow Zone
ETH is facing resistance at the lower end of the yellow zone around $3.9k. ETH’s monthly candle for May looks extremely bullish, and ETH just needs to remain above $3,650 by Friday. There could be a scenario where BTC struggles to break past $70k, but ETH and the Altcoin markets continue to show a lot […]Read More
BTC Facing Resistance at $69k
The monthly candle for May closes on Friday, and ideally BTC bulls would like a monthly candle close above the yellow zone. Right now BTC is facing some resistance at the red $69k resistance line, which is not what I want to see. However, there is plenty of time for BTC to pump throughout the […]Read More
ETH Still Neutral After ETF Approval
I’m sure many of you are wondering why ETH hasn’t pumped after yesterday’s ETF approval news. The pump occurred before the ETF was approved with a strong pump on Monday. ETH is currently trading between the light blue and yellow zones. When the Bitcoin ETF was approved we saw a strong rally from $35k to […]Read More