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Bitcoin’s Thanksgiving Volatility Continues
After last night’s update, BTC failed to hold above the white support level around $94.1k and dropped down to the yellow trendline with support around $92.1k. This morning BTC is attempting to form a rebound at $92.1k, we’ll see if this support level manages to hold. There’s been a lot of red so far this […]Read More
TAO Continues to Trade in a Channel
TAO has been trading in a yellow channel since Sept. 23, the current range is between $350 and $600. I don’t think TAO has a clear direction at the moment, there could be a brief rally up to $600 or a drop down to $350. I think in December there will be an opportunity to […]Read More
Altcoin Market Just Under $1 Trillion Market Cap
The Altcoin market has formed a bullish breakout above a cup and handle pattern, and ALTS have gained hundreds of billions of dollars in market cap over the past few weeks. The Altcoin market is sitting just under $1 trillion market cap, and is starting to see resistance around $960 to $980 billion market cap. […]Read More
SUI Approaching $3.05 Support
SUI has been trending down towards the $3.05 support level, I would monitor for a bullish rebound around $3.05. SUI tends to lead the crypto market with moves up and down. We are seeing SUI lead the downtrend, having already dropped ahead of most cryptos. I think SUI will be one of the Altcoins that […]Read More
BTC Showing Signs of Weakness
BTC has been rejected numerous times in the red sell zone between $98k and $100k. There have been rejections over the past few days since Thursday Nov. 21. We are starting to see signs of weakness for Bitcoin with BTC losing support at the white trendline. There was already a break below the white support […]Read More
DOGE Forming a Bull Pennant Breakout
DOGE has formed a bullish breakout and successful retest around $0.39. I think this breakout will depend on whether Bitcoin starts to selloff or not. For now DOGE needs to hold above $0.39 to remain bullish. I have $0.7652 as my resistance target on the way up and $0.2734 if DOGE forms a selloff and […]Read More
XRP Bull Flag Breakout
XRP is the second best performing Altcoin over the past 24 hours, and more importantly XRP has formed a bullish breakout above this yellow bull pennant structure. XRP has been trading within this range for 7+ years now so this breakout is very significant. We are seeing some nice buy volume for XRP even though […]Read More
Bitcoin Facing Resistance in the Red Zone
BTC has been trading in the red resistance zone since yesterday. There is a sell wall between $98,000 and $100,000. I have emphasized that it will be difficult to break through $100k, but BTC has done a pretty good job of pushing into resistance. So far there has been a peak around $99.5k, but we […]Read More
MARA Remains Neutral Despite Bitcoin Rally
MARA continues trading within this triangle pattern between $14.88 and $32.23. I think the price action is pretty disappointing considering BTC has experienced a strong rally. MARA has been trading sideways around $20.30 while Bitcoin has gone parabolic. I think BTC miners like MARA will definitely start to benefit from Bitcoin’s higher price point, and […]Read More
Bitcoin Rebounds at $90.8K
Bitcoin has rebounded slightly above the light blue support zone, bottoming out around $90.8k. There has been some upside overnight, and I have $95.5k as a resistance target ahead. I think BTC is likely to experience some upside on Thanksgiving Day followed by a selloff. For now I would monitor for a break or rejection […]Read More
ONDO Buy Opportunity Around $0.84
ONDO is currently trading around $1.05 resistance, and is likely to trend back down towards the $0.839 resistance level. I think ONDO will present a buy opportunity there before trending up higher. Arkham has discovered an ONDO whale 👀 Follow me on social media: https://linktr.ee/realchartchamp
Read MoreJASMY Trading Near $0.025 Resistance
JASMY has formed a bullish breakout above the yellow resistance line, and successfully retested this yellow line as support. I think JASMY is finally starting to show some bullish momentum with resistance around $0.025. I have $0.0447 as my next key resistance target, but for now JASMY is likely to trade around $0.02522. There could […]Read More