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Ethereum Facing Resistance in the Light Blue Zone
ETH is facing resistance in the light blue zone, and I think we are likely to see a strong rally starting in July. Ethereum’s spot ETF is likely to start trading on July 2, which is likely to be the major catalyst for the rally. We observed that Bitcoin rallied from $38.5k to $74k after […]Read More
Bitcoin Rejected at the Green Zone
BTC just formed a rejection at the green zone, which is not what I want to see. However, I think we will still trend up despite this initial rejection. BTC needs to start trending up later today, and I will provide another update in a few hours. I posted my forecast for the remainder of […]Read More
Altcoin Market Likely to Rebound Soon
The Altcoin market is still trading below support, and I believe ALTS are significantly discounted at current price levels. ALTS have started to rebound already, and the Altcoin market is likely to rebound above the light blue support line again. This shakeout could provide the bullish momentum needed to finally start the rally. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreEthereum’s FUD Put to Rest
There has been a lot of FUD surrounding Ethereum despite the recent spot ETF approvals. The SEC has approved the spot ETH ETFs, but there have been delays with actually listing these ETFs on an exchange. At the same time there was still an ongoing SEC investigation about whether Ethereum is classified as a security. […]Read More
Bitcoin Bear Trap Below Support
Bitcoin is forming a bear trap forming below an important support level. This light blue trendline has been a key support level throughout this cycle. Bitcoin has lost support, causing a strong selloff throughout the entire crypto market. I think we are seeing a lot of manipulation right now, and we are seeing a strong […]Read More
Bitcoin’s $95k Price Target
I give a lot of Bitcoin updates and I want to emphasize that this is an important update for the next few months. I believe that Altcoins are bottoming out, and that we could see some upside in July and August. There is an important white resistance line that gives Bitcoin a price target around […]Read More
Ethereum Trading Near a $3,360 Support Level
ETH had a rejection at the light blue zone, and has been trending down for two days (including today). There is a short-term support level at the white trendline around $3,360 that is providing ETH with some support here. If this support level does not hold, there is a green support zone below around $3,050 […]Read More
Bitcoin Holds Above $64.6k But Continues to Roll Over
Bitcoin is currently trading near a support level around $64.6k. Yesterday the price bounced at the area marked by the light blue arrow. Since then there have been two more bounces with some bearish price action such as strong moves down and wicks below support. I would continue to monitor $64.6k here, and the next […]Read More
Altcoin Market Dips Below Support
The Altcoin market has been bleeding day after day and I know it’s frustrating to see the price decline. I think the Altcoin market is extremely discounted at current price levels and I would continue to DCA. We saw similar price action in January 2024 before Altcoins went on a strong rally. I think we […]Read More
Ethereum Continues to Hold in the Support Zone
Ethereum continues to trade within the yellow support zone. This $2.1k – $2.3k support zone has continued to hold strong since August, and I think ETH could start to experience some upside. ETH needs to rally to kickstart Altcoin season so it is important that ETH stops underperforming and starts to see some upside. Follow […]Read More
Strong Rejection at Resistance for SUI
SUI is trading near a key long term price level on the SUI/BTC pair. There is a strong rejection forming and SUI needs to form a bullish breakout soon or else there is risk of a drop. SUI was trading within the green channel and building bullish momentum headed into the light blue resistance level. […]Read More
DEEP Preparing for a Big Move Soon
DEEP had an explosive launch, rallying from $0.005 to $0.04 in two days. The price has been trading sideways for the past few days, and I think DEEP is preparing for a big move soon. I think there’s a good chance of a bullish breakout to the upside, but SUI is at risk of dropping […]Read More