Issue 207 – Downside Targets in Sight

May 5, 2022

Yesterday’s issue was titled: Crypto Rallies on a Less Hawkish Fed, but Is It Sustainable?

Today’s answer is a resounding, no!

I was overly cautious about Wednesday’s rally, and I’m glad I was. Today, I discuss the S&P 500 selloff and where TOTAL is relative to that big $1.55T support level.

I also share the latest on BTC dropping below $37,600 (is $35,000 support still in play?), and Ethereum’s journey to $2,500 support.

Plus, a GMT setup you don’t want to miss!

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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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