Issue 45 – Crypto Chart Roundup

July 23, 2021


Happy Friday!

I thought I’d take a break from the lessons today and just provide you with my analysis on a bunch of crypto charts I’m watching at the moment.

The market is trying to follow through on the recent bounce, so I’ll share some key levels that could validate or invalidate that scenario.

I’ll also share the ETH trade I’m in and what my plan is there.

Let’s jump in!

Bitcoin (BTCUSDT)

BTC has yet to close above the June trend line at $32,500. That’s the cue the market is waiting for to get long or to provide some relief at least.

But don’t forget about the February 2020 trend line near $33,500. I don’t see anyone talking about it on Twitter, but it’s likely to be a factor, in my opinion.

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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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