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Altcoin Market Forming a Correction
The Altcoin market was red yesterday and is selling off a bit more today. I think there is a trading range between the light blue channel and room for ALTS to drop lower over the next few days. The price action will depend on Bitcoin’s price movement, and for now Bitcoin looks like it can […]Read More
COIN Needs to Hold Above $194.20
COIN has experienced a selloff after reporting worse than expected earnings yesterday. There has been a 7.5% decline so far, and COIN is approaching a key yellow support line around $194.20. This support level was previously lost and it is important for COIN to hold above this support level to remain bullish. Follow me on […]Read More
Bitcoin Ready to Go Parabolic
Sideways Price Action for Bitcoin Since Tuesday Bitcoin had a very bullish start to the week with a strong rally on Sunday and Monday. However, the price action has been neutral since Tuesday, and Bitcoin is experiencing resistance near $73.7k all time highs. Bitcoin is retesting the local lows around $71.3k, and I think there […]Read More