While BTC lost support at the bottom of the bull pennant, ETH formed a bullish rebound off the $2,862.93 support level. ETH and the Altcoin market held very strong during the drop, which is a good sign that ALTS are getting bought up. I would monitor the red trendline for continued support for now, and the green zone may act as resistance on the way up.
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Yesterday BTC faced some resistance at the upper end of the bullish pennant around $66.7k. Today BTC is continuing to show bullish strength into this bull pennant. I would monitor the price action for a potential bullish breakout or rejection at $66.4k. The trendline is sloped downward so the price target will decrease over time. […]
Read MoreBullish news was announced for $LINK after Chainlink has successfully completed tests with U.S. banking giants such as JPMorgan, Templeton and many others to accelerate the tokenization of assets. LINK is still in the early stages of a bullish rebound after forming a bullish bounce off the $12.63 support line. My key price targets are […]
Read MoreETH had a strong rebound off the red support line at $2,862.93. However, ETH also quickly faced resistance at the lower end of the green zone around $3,049.01. I would monitor ETH to see if there is some bullish momentum into the green zone and orange trendline for a potential breakout. ChartChamp socials: https://linktr.ee/realchartchamp
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Yesterday BTC faced some resistance at the upper end of the bullish pennant around $66.7k. Today BTC is continuing to show bullish strength into this bull pennant. I would monitor the price action for a potential bullish breakout or rejection at $66.4k. The trendline is sloped downward so the price target will decrease over time. […]
Read MoreBullish news was announced for $LINK after Chainlink has successfully completed tests with U.S. banking giants such as JPMorgan, Templeton and many others to accelerate the tokenization of assets. LINK is still in the early stages of a bullish rebound after forming a bullish bounce off the $12.63 support line. My key price targets are […]
Read MoreETH had a strong rebound off the red support line at $2,862.93. However, ETH also quickly faced resistance at the lower end of the green zone around $3,049.01. I would monitor ETH to see if there is some bullish momentum into the green zone and orange trendline for a potential breakout. ChartChamp socials: https://linktr.ee/realchartchamp
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