WEEKLY CHALLENGE REMAINING TIME BUY COIN BUTTON IS OPEN
WATCH THESE 2 CHARTS EVERY DAY TO FOLLOW BTC & ETH PRICE ACTION!!!
UPDATE 4/25/22 3:20am USA time: Charts have been updated for showing the downtrend pattern.
The pattern lines I have in those charts will show you where the current market is in relation to those lines.
- All charts are using the 1hr time frame and trend lines are dark red color.
- Solid red trend lines are the short term trends and dotted red trend lines are the overall long term trends.
- The solid white horizontal line is for where the major support is located using the .786 FIB on the BTC market and the .618 FIB on the ETH market.
- Based on recent loss of bullish momentum, the new bearish momentum suggests that BTC needs to stay above $37.4k and ETH above $2.85k to hold the current overall market structure in place. A break below these price levels will likely result in a larger dump of prices sending BTC below $30k and ETH below $2k in the weeks ahead.
HISTORICAL NOTE (added 4/18/22): It was around this exact time last year (April 13-23, 2021) that we saw a first move to the downside in the BTC & ETH markets that led to a major 56% drop in overall market prices by June 23, 2021. It took nearly 2 months for the dump to complete, but many people lost lots of profits and/or general trading funds during that period.
NOTE: Effective 5/1/22 I will no longer post the A.M. and P.M. market summary tables here on this page. You can use this page to view the market charts for the main markets for checking levels based on what the posted tables in the GC show, if desired. Always check the info above for any major changes in the market structure. Those two charts reveal a lot more info than the watchlist charts provide!!! 🙂
See the watchlist below for the market charts mentioned above
**Cell phone users, scroll the page to the right to see the watchlist**
NOTE: Tap or click the name of the market in the watchlist to view the chart for that market
