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Bitcoin Rebounds From $63.2k Support
Yesterday I discussed the potential for Bitcoin to rebound from the yellow trendline around $63.2k. There was a strong wick down below my target caused by the U.S. government selling some Bitcoin. This added sell pressure really affected Bitcoin’s price, and this raises some concerns about large institutions and governments affecting the markets. Bitcoin still […]Read More
FET Rejected at the Red Resistance Line
The crypto market is continuing to trend down lower. FET had a rejection at the red resistance line, and is trending down towards the lows of the bull flag. I have support around $0.97 and would monitor the price on the way down. ALTS are likely to take a hit if BTC trends back down […]Read More
SOL Flipping Resistance Into Support
Solana has the most bullish price structure, having already broken above the red resistance line and retested it as support. SOL is trading slightly above the red support line, and there is support at the red line around $163. It is possible for SOL to rebound without touching the red line, but for now the […]Read More
Ethereum Forming a Weak Rebound at $3,130
Ethereum is forming a relatively weak rebound compared to Bitcoin. ETH has support around $3,100 for now, I would monitor to see if there is a convincing rebound forming here. If ETH does rebound there could potentially be a move up to the red trendline around $3,700. I think ETH’s price action will depend on […]Read More
Bitcoin Forms a Bullish Rebound at $63.8K
Bitcoin has been in a downtrend after forming a rejection at the upper range of the green bull flag. However, overnight Bitcoin has rebounded around $63.8k with support building up at the yellow trendline. I think Bitcoin is likely to trend back up to the upper range of the bull flag for another attempt to […]Read More
Silver Flips Resistance Into Support
SLV has been neutral since April 8. There was a strong overshoot above the green resistance line around $27.31, but SLV failed to stay above the $27.31 price target. Instead, SLV has retested the red resistance line, and is flipping this resistance line into support. This red line is a very important long-term resistance line […]Read More
Solana’s July Monthly Candle Close
Solana formed the most bullish monthly candle close in July. SOL is building support around $125, and is trying to rally to the upper end of the range around $203. I think SOL continues to see some upside despite BTC and ETH starting to struggle. BlackRock is downplaying the idea of a Solana ETF due […]Read More
Ethereum’s July Monthly Candle Close
Ethereum’s monthly candle close looks relatively more bearish. ETH has declined for two consecutive months despite an ETF launch. There is support building up at the green trendline around $2,800, and resistance at the red trendline around $3,700. ETH failed to reach $3,700 in July, which was very disappointing to see. I think ETH likely […]Read More
Bitcoin’s July Monthly Candle Close
The monthly candle has closed as we enter August tomorrow. Overall I think Bitcoin had a pretty good month considering everyone thought Bitcoin would drop to $40k. Bitcoin is continuing to trade within the bull flag, but there has not been a bullish breakout yet. For now the price action is neutral between $54k and […]Read More
Top Performing Altcoins
Top performing Altcoins in the past 7 days. Top performing Altcoins in the past 24 hours. SUI and DOGE lead the list. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreDOGE Breaking Through Resistance
DOGE is experiencing some bullish momentum over the past few weeks, and is attempting to break through a resistance zone between $0.1525 and $0.1832. DOGE needs to break above $0.1832 to rally to the next target around $0.3218. There’s likely to be a break above $0.1832 and a retest before DOGE climbs higher. Follow me […]Read More
SUI Flips All Time High Resistance Into Support
SUI has experienced some downside over the past two weeks, and is starting to form a bullish rebound this week. I think SUI was forming a bullish retest of the all time high resistance level, flipping all time highs from resistance into support. SUI is likely to trend up to new all time highs over […]Read More