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BTC Continues to Trade Within a Range
$BTC has been trading within a range between the yellow and white trendlines. The white trendline gives a price target around $60,750 as support. I think the crypto market will be impacted by what Powell says in his speech today. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreETH Dips Below the Green Support Zone
The Iran FUD led to a lot of panic selling in the crypto markets. While $BTC dropped, $ETH and Altcoins experienced significant drops. ETH managed to dip below the green support zone during the panic selling, but the price has quickly rebounded so far. I think the dip has been bought up, but I would […]Read More
BTC Loses Support, Rebounds from Iran FUD
BTC Bleeds Amid Reports of Pending Iranian Drone Attack on Israel $BTC has lost support from the green trendline, and the price has been bleeding from the news that Iran is preparing retaliatory drone attacks against Israel. There is still a white support line around $59-60k price levels, but I think the dip is being […]Read More
ETH – Rejection at the Light Blue Zone
$ETH has been struggling to climb above the light blue zone. There is another rejection forming, and ETH is currently trending down after that rejection. I think ETH is at risk of trending down to retest the green support zone. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBTC – Yellow Support Line Has Held for 4 Weeks
$BTC has been trading around this yellow support line for the past 4 weeks. Bulls have done an excellent job defending this support level, and I think there is solid support building up here. Bears should be concerned about BTC trending up over the next few weeks. As I discussed in previous updates, when BTC […]Read More
FLOW/USD – Resistance in the White Zone
$FLOW is facing some resistance in the white zone, I think FLOW is attempting to flip resistance into support here. The yellow trendlines are my key price targets on the way up. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreORAI / USD – Bullish Rebound in the Green Zone
$ORAI has been very bullish, and I think there is a retest of the support zone here. I see this as a great buying opportunity in the green zone. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 11 Ethereum Update – ETH Rebounds, But at Risk of Losing Support
$ETH formed a long wick below the light blue resistance zone, but the support zone still held. However, ETH is forming a lower low here, and is at risk of losing support today. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 11 Bitcoin Update – BTC Has a Strong Rebound
Yesterday I discussed how BTC was losing multiple support levels, but I thought that BTC would have a rebound without dropping lower. We did get that swift rebound, and BTC formed a long wick below the yellow support line. This yellow support line still ended up holding as support, and BTC has now risen above […]Read More
Bitcoin Pumps and Dumps to Start off the Week
Yesterday Bitcoin got off to a hot start to the week with some strong upside. However, this upside turned into a pump and dump, and Bitcoin is trending back down to the yellow trendline. I’m still seeing a lot of bearish sentiment on Twitter with traders still shorting Bitcoin. I think these bearish traders are […]Read More
The Altcoin Market is Rebounding
Bitcoin has held above $60.3k, and the Altcoin market is forming a bullish rebound as well. Altcoins experienced a failed bullish breakout a few days ago, the Iran news sent the price back down. However, I think Altcoins could form a bullish breakout on the next or third attempt. For now there’s likely to be […]Read More
Bitcoin Holds Above $60.3k Support
Bitcoin continues to hold above $60.3k support, and has broken above the $61k price level discussed yesterday. I have $62,250 as the next key resistance target that Bitcoin needs to break. There is still the risk of $55k so I recommend paying attention to the updates. For now I would monitor $62.5k to see if […]Read More