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April 9 Ethereum Update – ETH Trying to Flip the Light Blue Zone Into Support
$ETH briefly rallied above the light blue resistance zone, but there was a selloff and the price is now back in the light blue zone. I think ETH is trying to flip this light blue resistance zone into support here. I would monitor for a rebound in the light blue zone for now. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreApril 9 Bitcoin Update – BTC Rejected from Light Blue Zone, Bullish Rebound off Orange Trendline
Yesterday $BTC was rejected from the light blue resistance zone, and overnight there has been a bullish rebound forming. I think we could get some upside today, and the light blue resistance zone will be a key target to monitor. The forecast for inflation data is that we could see better than expected data, which […]Read More
April 9 S&P 500 Update – Slightly Bullish Price Action Below the White Resistance Line
$SPY is showing some slightly bullish price action below the white resistance line. There is still some room for SPY to trend up, the white resistance line gives a price target around $521.90, and this target will continue to increase since the trendline is sloped upwards. I think traders are on the sidelines still, waiting […]Read More