Your Daily Support to Break Resistance.
28 Jan 2021 4 minute read 2 comments Biz Wisdom
Bitcoin fell again on Wednesday, dropping below the $30K level before recovering a bit, closing the daily candle just above $30K. This is a bearish candle as Bitcoin continues to retest support at $30K as Bitcoin looks to continue lower before resumi...
27 Jan 2021 1 minute read 0 comments Biz Wisdom
For a quick and fun little analysis, here are the top 10 crypto gainers and losers (by %) of 2020: Top 10 Gainers: 1 Game Stars · GST $0.354 -- +42,851.65% 2 Unibright · UBT $0.616 +14,776.42% 3 Aave · AAVE $196.25 +9,008.97% 4 Ti-Value...
27 Jan 2021 1 minute read 0 comments Biz Wisdom
Ethereum rallied a bit on Tuesday, initally falling earlier in the day before turning around and closing the daily candle just under the $1,400 level. The trend is well-defined and the fundamentals are there, is ETH on the verge of breaking out? (J...
26 Jan 2021 2 minute read 0 comments Biz Wisdom
Ethereum rallied on Monday, breaking higher to put in another marginal new ATH in fiat terms before pulling back to close the daily candle around $1,350. For the past two weeks, ETH appears to have detached from Bitcoin, at least temporarily, as it f...
26 Jan 2021 2 minute read 2 comments Biz Wisdom
Bitcoin fell again on Monday, going back and forth during the trading session in a ~$4,000 range between $31K and $35K before ultimately closing the daily candle around $32,500. This is a slightly higher low from this weekend's thinly-traded candle,...
25 Jan 2021 2 minute read 0 comments Biz Wisdom
Bitcoin sold off during the week ending January 24th, dropping below the $30K level before finding support, ultimately closing the weekly candle around $32,000. This is a large bearish candle as Bitcoin accelerates its short-term correction off the h...
25 Jan 2021 1 minute read 4 comments Biz Wisdom
Ethereum rallied during the week ending January 24, originally pulling back with Bitcoin before recovering, divering from Bitcoin and rallying to finish the week near the highs! This is an interesting development as ETH appears to have possibly decou...
24 Jan 2021 1 minute read 2 comments Biz Wisdom
Grayscale Investments, world's leading crypto trust manager and founder of GBTC, appears to be gearing up to launch new single-asset trusts for as many as 6 cryptocurrencies. According to the Delaware corporations registry, a registration for the F...
23 Jan 2021 3 minute read 0 comments Biz Wisdom
Ethereum rallied on Friday, initially falling down to the $1,050 level before turning around and catching a bid, ending the trading session and week on a positive note around the $1,240 area. This is a neutral candle as ETH continues to find buyers,...
22 Jan 2021 1 minute read 0 comments Biz Wisdom
Ethereum sold off on Thursday alongside Bitcoin, falling from the $1,400 level down to under $1,200 in a nearly 20% red day. This is a bearish candle for sure and validates our view that crypto has not yet completed a standard 30%+ correction typical...
