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April 8 Ethereum Update – ETH Quickly Rallies to the Light Blue Zone
$ETH was making some slow progress to the upside last week, but after yesterday’s bullish BTC weekly candle close ETH had a quick rally overnight. ETH is currently near the highs of the light blue resistance zone, and I would monitor for a breakout or rejection here. I think we are more likely to get […]Read More
April 8 Bitcoin Update – BTC’s Bullish Breakout, Resistance at the Light Blue Zone
Yesterday we had a bullish weekly candle close above the yellow trendline, and bulls are holding the yellow trendline as support. These bulls also wasted no time pumping up the price this week with breakouts above several key resistance levels that include the red zone and orange trendline. $BTC is currently facing resistance at the […]Read More
April 7 Ethereum Update – Slow Upside for ETH
Bitcoin has been outperforming $ETH, but I think we are seeing some slow progress to the upside. I still have the light blue resistance zone as a key price target ahead, but it’s taking ETH some time to climb up there. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 7 Update – BTC Bulls Hold the Yellow Support Line
This was a successful week for $BTC bulls, and I think bears or anyone on the sidelines should start to have some serious concerns for some strong upside this upcoming week. We have a weekly candle close in a few hours, and it looks like we’ll get a bullish weekly candle close above the yellow […]Read More
April 6 Ethereum Update – ETH Making Slow Progress to the Upside
$ETH is having some neutral and slightly bullish price action. The past few trading days have been pretty boring, but I think ETH is making some slow progress towards the light blue resistance zone. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 6 Bitcoin Update – BTC Facing Resistance in the Red Zone
$BTC bulls are continuing to show some strength here, but there is still some resistance at the red zone. This will be an importantly weekly candle close, bulls want to keep the price above the yellow support line. If this support level holds we can see some nice upside in April, TrendSpider’s seasonality index shows […]Read More
April 5 Ethereum Update – Neutral Price Action for ETH
Yesterday ETH was trending up towards the light blue resistance zone, but there was a pullback in the crypto market. The price action is currently neutral with support at $3,200. I think ETH is likely to start trending up towards the light blue resistance zone again. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 5 Bitcoin Update – Resistance at the Red Zone
In yesterday’s update I discussed how $BTC is forming a bullish rebound off the green support line. This was a very bullish rebound with bulls buying up the dip well above the support level. I also discussed how the yellow trendline and red resistance zones are two key price levels to monitor for resistance on […]Read More
April 4 Ethereum Update – ETH Has a Successful Rebound
Yesterday I discussed ETH forming a bullish rebound above the green support zone. Today ETH is continuing to trend up, and is still in the early stages of the rebound. The light blue resistance zone remains as the key target ahead. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBitcoin Continues to Test $60.3k Support
Over the past 48 hours Bitcoin continues to trade in a tight range between the white support zone and yellow resistance line. BTC is building support at $60.3k and has resistance at $62.1k. There have been 3 retests of the $60.3k support level, and I have my concerns that this support could break over the […]Read More
Crypto Market at Risk of Dropping
Bitcoin is currently trading directly above the white support line around $60.3k. I think today Bitcoin is likely to trade sideways, but once the new daily candle opens at 5 PM PST I think Bitcoin could continue to drop further. This is looking like a dead cat bounce, and I think the $55k price target […]Read More
Bullish Retest for FET
FET has formed a bullish retest of the resistance level around $1.48 and could start to rally here. I have the red trendline as a key target around $4.10. Follow me on social media: https://linktr.ee/realchartchamp
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