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No Bullish Signs for Ethereum
Although Bitcoin and Altcoins have started to trend up, Ethereum continues to struggle and underperform here. ETH is still trading sideways below the $2,683 resistance level, and has not climbed back into the white zone in an effort to break through resistance. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreBitcoin Starting to Show Bullish Signs
BItcoin has traded sideways for several days now, but started to break out of the pattern yesterday. BTC is above the white zone, and is trying to flip the white zone into support. BTC is also trading within a white bear pennant structure, but is forming a breakout to the upside. Currently BTC is resting […]Read More
Altcoin Market Remains Neutral and Slightly Bullish
The Altcoin market has been trading sideways for the past few weeks, and is trading near the higher end of this neutral range. There is some short-term bullish momentum building, but I think ALTS could trend back down soon. I think the next few days will be important for determining whether Altcoins start to form […]Read More
Ethereum Continues to Trade Below $2,683 Resistance
Ethereum also continues to trade sideways below the $2,683 resistance level. ETH is clearly struggling to break through this resistance zone, but is also not selling off and trending down either. I would continue to monitor the $2,683 level for a break or more rejections. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreBitcoin Remains Neutral, Due for a Big Move Soon
Bitcoin continues to trade sideways within the white zone. I think the market doesn’t have a clear direction yet, but Bitcoin will have to find a direction soon. There could be a large spike up with $63k as a key target to break, or a steep decline back down to the $51k support level. I […]Read More
Ethereum Continues to Trade Below $2,683 Resistance
Ethereum continues to trade sideways below the lower end of the resistance zone around $2,683. There has been neutral price action here since August 8, and I would monitor ETH for a potential rejection at $2,683. I think ETH is more likely to climb up a bit here to trade within the resistance zone. Follow […]Read More
Bitcoin Remains Neutral Since August 8
There has been sideways price action for Bitcoin since August 8. I think the market doesn’t have a clear direction, but in the short term Bitcoin is trending up. Bitcoin needs to break above $63k to trend up higher here, but I just don’t see the bullish signs for the breakout. The August monthly candle […]Read More
Weak Cup and Handle Pattern forming for Altcoin Market
There is a cup and handle pattern forming for the Altcoin market. This cup and handle pattern is a pretty weak one because the Altcoin market failed to reach the white resistance target around $992 billion. There is a handle pattern forming here though, and I would closely monitor the price action here. I don’t […]Read More
Little Price Movement for XRP Despite Recent SEC Victory
XRP has experienced little upside despite winning a longstanding legal battle against the SEC. I was hoping XRP would finally start to move after many years of sideways price action. We have recently observed FUBO spike up 67%+ in 2 trading days after winning an important legal battle. XRP has remained neutral, but is starting […]Read More
Bitcoin Rallies on Election Day
Bitcoin has started to rally overnight, and has briefly traded above $70k this morning. I have been posting about a post-election rally, I think we are likely to see new all time highs within the next days or weeks. I think we still have 1 red month in 2024 so either Nov. or Dec. will […]Read More
ETH Holds Above the Yellow Support Zones
ETH has held above the yellow support zones around $2,370. I think ETH is forming a weak bounce here, and the price action has been neutral with sideways price movement since Aug. 2024. Some people still have hope that ETH could start to rally. I think the entire crypto market is likely to rally, but […]Read More
SUI Still Trading Near All Time High Resistance
SUI has reached new all time highs in October, trading as high as $2.37. However, SUI still continues to face resistance near previous all time highs around $2.18. SUI would need to form a convincing break above $2.18 to start price discovery at new all time highs. SUI formed a bullish rebound last week, and […]Read More