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NVDA’s White Support Line for a Potential Rebound – Day 2 of GTC 2024 Conference
Today is day 2 of the $NVDA GTC conference, $NVDA had a bearish day yesterday even though it was day 1 of the event. I think there was actually a lot of great news for $NVDA, but surprisingly there was little upside in terms of price action. So far $NVDA has been bearish since reaching […]Read More
Bitcoin Weekend Update: March 16 & 17
March 16 Bitcoin Update – Bearish Price Action After Losing $69K Support BTC has finally started to show concerns for a drop, and this downtrend has started on Thursday after the worse than expected inflation data was released. There is a March 20 FOMC meeting next week, and the financial markets could continue a downtrend […]Read More
March 18 Bitcoin Update – Two Rejections at $68.5k Yesterday
Yesterday I discussed how $BTC is forming a bullish rebound, and emphasized that there will be resistance at $68.5k on the way up. There have been two rejections at $68.5k since yesterday’s update. However, BTC is still holding strong below the resistance level so I think there will be more attempts to break the $68.5k […]Read More