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March 25 S&P 500 Update – SPY Has Been in a Downtrend
Last week SPY had a bullish breakout above $517 after the March 20 FOMC meeting. However, there has been a selloff since this spike with two red daily candles, and today $SPY has opened with a bearish gap lower. As discussed in my last YouTube video, I think SPY continues trading around the white trendline […]Read More
March 25 Ethereum Update – ETH is Neutral Below the Light Blue Resistance Zone
$ETH is having some similar price action as $BTC, trading sideways below a key resistance zone. ETH had a bullish day yesterday, but has been neutral overnight. I would monitor the light blue resistance zone ahead for a potential break or rejection. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBitcoin’s Had an Important Rebound Over the Weekend!
$BTC was in a downtrend with two red weekly candles, but last week BTC had an important rebound that flipped the yellow resistance line into support. Although bears sent the price below the yellow resistance line, there was a bullish rebound and BTC closed the week above the yellow line. I think there is a […]Read More