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Altcoin Market Could Start a Bullish Rally in Uptober
The Altcoin market has experienced months of sideways price action, but is nearing the end of this pattern formation. There is a good chance of a bullish breakout and rally over the next few weeks so I’m buying some more Altcoins here and patiently waiting. This cycle has been different compared to the previous cycles […]Read More
Strong Support For ETH Around $2,400
Ethereum is trading near strong support around $2,400. I would monitor to see if this support level continues to hold for ETH. There are multiple support levels that intersect around this $2,400 target so this is an important support level for ETH bulls to defend. Over the past few days I discussed the possibility of […]Read More
Bitcoin Holding Above $56k on Sept 5
Over the past few days I’ve discussed how the 5th of July and August marked the monthly bottom for Bitcoin. Today is the 5th of September, and I think there is a good chance that Bitcoin is bottoming out around $56.5k. If I’m wrong then the next key support level would be around $51k. However, […]Read More
Ethereum Holding Above $2,300
Ethereum has rebounded from a $2,300 support level, but I have my eyes on a support zone below between $1,900 and $2,100. I think the crypto market could bottom out within the next few days with Sept. 5 as a key date in mind. It’s boom or bust for crypto, we either get a bull […]Read More
Bitcoin Trending Down in Early September, Potential October Breakout
Bitcoin has started to trend down during the first week of September. Bitcoin has reached my first price target around $55k – $56k, and I’m monitoring to see if BTC can reach the second target around $50k. I think Altcoins have been holding up pretty good, they are already at great prices but there is […]Read More
Altcoin Market Retesting Support With Chance of Shakeout
The Altcoin market continues to trade within this wedge pattern. The price has been trending down to the lower end of this trading range. There have already been two shakeouts, and I would be careful for another shakeout in September for an opportunity to buy ALTS at a discount. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSolana at Risk of Losing Support
Solana has built strong support between $121 and $134.50, but Bitcoin and Ethereum have failed to rally higher. I think the crypto market is at risk of trending down, and Solana is at risk of losing support here. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreEthereum at Risk of Dropping Under $2,000
Ethereum failed to break above the resistance zone between $2,683 and $2,863. Now the price is starting to show some weakness, and ETH is at risk of breaking down to the next key support zone between $1,928 and $2,100. I think ETH is likely to reach $1,900 for a buy opportunity. Follow me on social […]Read More
Be Careful for a Crypto Selloff This Week
BTC had a very bearish monthly candle close in August, and is likely to trend down in Sept as well. I have $55k and $51k as key targets to monitor for now. There has been a trend with a selloff in the first week of every month. I would be careful for a selloff this […]Read More
Bitcoin Reaches New All Time Highs on Election Day
Yesterday the financial markets experienced a strong intraday rally fueled by Trump’s election victory. Trump has been a very pro-crypto candidate that is driving a lot of hype around Bitcoin. Headed into the election Bitcoin experienced 6 days of downside, and there has been a common theme of starting off the new monthly candle with […]Read More
CETUS Rallies from Binance Listing
Yesterday Binance announced that they are listing CETUS for trading, and CETUS spiked up 70% on the news. CETUS has rallied 140% from the Monday lows. This news is very important for the SUI ecosystem because it leads to hype for all SUI tokens that could be listed on Binance and Coinbase. CETUS is a […]Read More
MSTR Starting to Show Weakness
A few weeks ago I discussed how MSTR is leading the crypto market rally. MSTR formed a bullish breakout before Bitcoin and has already experienced a strong rally. I think MSTR is starting to cool off a bit around $268. There was a strong uptrend with a yellow support line forming. MSTR is starting to […]Read More