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Ethereum Facing Resistance in the White Zone
The recent Bitcoin rally has helped Ethereum and Altcoins experience some upside. Ethereum is now trading within the white resistance zone between $2,683 and $2,863. However, ETH is struggling to make some progress here, and there seems to be sellers driving the price down. I would continue to monitor the white zone for a breakout […]Read More
Bitcoin Starting to Trend Down After Neutral Weekend Price Action
Bitcoin was neutral over the weekend, trading sideways around the $64,000 price level. Today BTC is starting to trend back down, forming a correction after last week’s bullish rally. I have $63k as a key level to monitor, BTC might flip $63k into a support level before trending up higher. The next key target is […]Read More
IWM Starting to Rally Again
IWM is also experiencing this alternating pattern of green and red days. On Friday IWM experienced a large spike up, and started to rally again. However, today IWM is trending for a red day. If the pattern continues we are likely to see more upside for IWM tomorrow. I like what I’m seeing with IWM, […]Read More