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BTC Held Support at the Bull Pennant Lows
$BTC tested the lows of the bull pennant yesterday, and the price has successfully held above the lows of this pennant. I think BTC continues to trade within the pennant for now, and I would monitor the price action to make sure BTC doesn’t break down here. The Bitcoin halving is less than 48 hours […]Read More
ETH Struggling to Reclaim the Green Support Zone
$ETH is still trading below the $3,050 support level discussed yesterday. I think ETH is struggling to reclaim support in the green zone for now. I would carefully monitor the price action to see if ETH can climb back above $3,050 or whether ETH has a rejection here. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSOL Retests the Yellow Trendline
$SOL had a rejection at the white resistance zone, and has dropped back down to the yellow trendline. I think there could be a rebound at this yellow trendline, and I would buy any dips or wicks below. SOL and many other charts are posted on the crypto and stocks tables. You can find my […]Read More
ETH Continues to Trade Around $3,050 support
ETH has dipped below the green support zone over the past few days, and is trying to reclaim support here. There have been about 5 days of neutral price action, and ETH is trying to stay above the green support zone with the lows around $3,050. If ETH fails to reclaim support here the price […]Read More
BTC Trending Towards the White Trendline
There has been 3 consecutive red weekly candles for $BTC, and I think the price is slowly trending towards the white trendline that was discussed a few weeks ago. The price action has been neutral, trading within a range between the yellow and white trendlines. However, I would monitor for any wicks or dips below […]Read More
BTC Bull Pennant With $130,000 Price Target
$BTC has been forming a bull pennant pattern that gives a $130K price target. I would not be surprised to see an early run up to $130K. For now the price is trading within this red bull pennant. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBitcoin’s Seasonality for 2024
The Bitcoin halving has historically resulted in a strong parabolic rally for Bitcoin and the crypto market. I personally have concerns about how Bitcoin miners will perform after the halving due to Bitcoin’s scarcity. I think Bitcoin and Altcoins could perform well over the next few months. Using 11 years of Bitcoin data, TrendSpider seasonality […]Read More
Altcoin Market – Opportunity for Generational Wealth
I think the Altcoin market could skyrocket over the next 3-6 months with trillions of dollars flowing into Altcoins. Last time MATIC went from 2 cents to $2.72 in just 6 months. If history repeats itself, most of these Altcoins will fly to very high valuations. I already gave my top picks back in June, […]Read More
ETH Needs to Defend $3,050 Support Level
$ETH has been in a downtrend since peaking around $4k one month ago. I think it is important for bulls to defend this $3,050 support level for ETH. If there is any bad news or FUD there could be more shakeouts that get bought up. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBitcoin Trading Near Key Support Level
Yesterday Bitcoin experienced strong sell pressure, sending the price back down to the yellow trendline. The daily candle closed below the yellow support line, but Bitcoin has rebounded and is holding above the yellow support line here. So far Bitcoin has been holding up well, I would monitor to see if Bitcoin remains above $62.4k. […]Read More
SUI Approaches Resistance Against Bitcoin
SUI has experienced a strong bullish rally over the past few days, and is now approaching a key resistance target relative to Bitcoin on the SUI/BTC pair. I think there is likely to be a selloff here, and I’m taking profits around $2.10 – $2.12. On the SUI/USD pair, SUI is trading near resistance from […]Read More
Decision Time for the Altcoin Market
The Altcoin market is trading near resistance around $612 billion market cap. There was already a small rejection yesterday, and the next few days are very important for determining whether Altcoins start to form a bullish breakout. For now the Altcoin market needs to show some bullish momentum to start a breakout and rally. I […]Read More