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QQQ Rebounds Back Into the White Zone
Yesterday QQQ experienced a strong selloff with a break below the yellow support line. However, this morning the US jobless claims had some mixed results. I think overall the US jobless claims is a net positive, and investors are having a bullish reaction to the news. QQQ has quickly rebounded back into the white zone.There […]Read More
Altcoin Market Looks More Bullish Than Bitcoin
The Altcoin market looks relatively more bullish compared to Bitcoin. Currently Bitcoin has dropped back below $69k resistance while the Altcoin market is holding strong above the $600 billion resistance level. I think there is more demand for Altcoins at these price levels. However, Altcoins have also experienced downside this week. There is a bullish […]Read More
Bitcoin Miners Trading Within a Range
MARA has been relatively neutral over the past few months. There is support around $13.66 and resistance at $20.30 and $32.23. I think MARA could continue trading sideways until Bitcoin forms a bullish breakout. CLSK has been relatively more bullish compared to MARA. CLSK has support building on the yellow trendline around $7.94 and resistance […]Read More