Your Daily Support to Break Resistance.
29 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum exploded higher on Monday, starting off the week on an extraordinarily bullish note as ETH crested the $700 level, reaching up the $750 level before pulling back a bit, closing the daily candle around $725. This is a classic bullish engulfin...
29 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin rallied on Monday to kick off the week, reaching up above the $28,000 level to print a new ATH, local high, and higher high in this developing bull market. However, as Bitcoin got above $28K, it sold off precipitously, dropping almost $2K bef...
28 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum rallied during the week ending December 27th, initially treading water against BTC before finally breaking upwards today above the $700 level before pulling back a bit to close the weekly candle just underneath around $690. Just as ETH was s...
28 Dec 2020 2 minute read 0 comments Biz Wisdom
Outlook: Bitcoin exploded higher again during the week ending December 27th, breaking out to the upside and reaching above the $28K level before finding some resistance, pulling back to end the week around $26,500 with a long wick on the upside. This...
26 Dec 2020 1 minute read 0 comments Biz Wisdom
As Bitcoin continues to make higher highs by the day and ETH trails off in the distance, trying to break out, I'm taking a look under the hood to see what kind of wallet activity is going on with Bitcoin and Ethereum. As you can see in the chart bel...
26 Dec 2020 1 minute read 0 comments Biz Wisdom
These 5 cryptos from 2017 were highly touted and popular projects with cult followings and bullish memes abound. Unfortunately, it seems their teams never actually launched a project of substance or simply haven't gained any adoption. Accordingly, th...
25 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin had a quiet day on Thursday, initially pulling back a bit before turning around and rallying to just above breakeven to end the day with a marginal positive candle. This is a pretty neutral candle as we go into a long holiday weekend with thi...
25 Dec 2020 2 minute read 1 comment Biz Wisdom
Everyone knows the Grayscale Bitcoin Trust (GBTC) which has been selling shares of its Bitcoin-backed fund since 2013 and has recently exploded as the price of Bitcoin has eclipsed its 2017 ATH of $20,000. But did you know Grayscale has another crypt...
24 Dec 2020 1 minute read 0 comments Biz Wisdom
These 5 beloved cryptos were popular 2017 darlings that have since been buried in the dirt by the likes of BTC, ETH, and the rise of DeFi. While many projects from 2017 have gone the way of the dinosaur, some have not only survived but continued to d...
24 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum sold off a bit on Wednesday, giving back yesterday's gains and shedding nearly $40 on the day to close just underneath the $600 level on the daily candle. This is not a good look; I think ETH is starting a correction pattern that'll take it...
