Your Daily Support to Break Resistance.
15 Jan 2021 2 minute read 3 comments Biz Wisdom
Ethereum rallied again on Thursday, recovering most of Monday's selloff and reaching up to the $1,250 level before turning around and closing the daily candle just south of $1,200. This is a mildly bullish candle as Ethereum appears to be going back...
15 Jan 2021 2 minute read 2 comments Biz Wisdom
Bitcoin rallied again on Thursday, reaching up to the $40K level before getting rejected, closing the daily candle around $39K. This is a somewhat bullish candle as Bitcoin has recovered nearly all of the gains it made last week before Monday's sello...
14 Jan 2021 2 minute read 0 comments Biz Wisdom
Ethereum rallied on Wednesday alongside Bitcoin, initially pulling back below the $1,000 level before bouncing hard and launching up to above $1,100 on the daily candle. This is a bullish candle indicating buying pressure and a strong finish to the t...
14 Jan 2021 2 minute read 0 comments Biz Wisdom
Bitcoin rallied on Wednesday initially falling earlier in the day before turning around and bouncing to the $37K level. This is a bullish candle as it appears the buyers have returned dips are being bought. However, this could be a dead cat bounce pl...
13 Jan 2021 2 minute read 0 comments Biz Wisdom
Ethereum rallied a bit on Tuesday, initially reaching up above the $1,100 level before pulling back, closing the daily candle in the green around $1,050. Though the candle is green it's a neutral candle at best right as there's a long wick above indi...
13 Jan 2021 2 minute read 0 comments Biz Wisdom
Bitcoin recovered a bit on Tuesday, going back and forth in a nearly $4,000 range to ultimately form a slightly green Doji candle. My initial reaction is if the Bitcoin correction is over already -- not quite. Though Bitcoin appears to have stabilize...
12 Jan 2021 2 minute read 0 comments Biz Wisdom
Ethereum sold off on Monday to start the week, initially putting in a new local high around $1,350 before getting rejected earlier on Sunday, falling sharply throughout the day and Monday to fall below $1,000, recovering to just above before closing...
12 Jan 2021 2 minute read 0 comments Biz Wisdom
Bitcoin sold off on Monday to kick off the week, dropping nearly $10,000 or ~25% in a matter of hours before finding support around the $30K level, recovering nearly half of the loss to end the day around $34K. This is a bearish candle and a bloody s...
11 Jan 2021 2 minute read 0 comments Biz Wisdom
Ethereum rallied again during the week ending January 10th, initially reaching up to the $1,350 level before finding resistance and pulling back to under $1,200, eventually closing the weekly candle just above the $1,200 level. This is an inverted ha...
11 Jan 2021 3 minute read 0 comments Biz Wisdom
Bitcoin fell during the week ending January 10th, initially rallying to just under the current ATH around $42K before pulling back to the $36K and eventually settling the weekly candle just under $38K. This is a bearish candle indicating a possible t...
