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Bitcoin Rebounds After Entering Fear Territory
BTC has rebounded overnight after bouncing off the $56k support level. I would still carefully monitor the charts over the next few trading days since BTC has lost support at the bottom of the bull pennant. If BTC does start trending up the white trendline and $61k resistance level will be important to monitor for […]Read More
QQQ Likely to Rally to New ATHs as Well
QQQ has been trading within a range between $413 and $433 since April 19. I think QQQ has been building support here, and is likely to rally to new all time highs above the red trendline. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Strong Support at $500, Likely to Rally Higher
SPY has been building strong support at $500, and I think there could be some upside over the next few weeks. May is likely to be bullish, but the key question is whether traders will sell in May and go away. I’m personally leaning towards a bullish summer and a bearish fall, but we’ll reassess […]Read More