Your Daily Support to Break Resistance.
24 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin went back and forth a bit on Wednesday, oscillating between the $23K and $24K levels before settling the day slightly in the red to form a smaller bearish Doji candle on the daily chart. This is slightly bearish but nothing we haven't seen be...
23 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum recovered a bit on Tuesday, initially falling below the $600 level before turning around, bouncing off $600 and eventually closing the daily candle around $630. This is a pretty neutral candle given the preceding bearish candle, indicating E...
23 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin rallied on Tuesday, initially falling to just over the $22,000 level before finding support and turning around to form a nice-looking hammer on the daily chart. This comes after a pretty far-reaching Doji candle, a green one at that, so this...
22 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum fell on Monday to start the week, initially rallying up towards the local highs around $670 before dropping down to the $600 level where it ultimately found support. This is a bearish candle in the short-term, as this looks like a bit of a r...
22 Dec 2020 2 minute read 2 comments Biz Wisdom
Bitcoin pulled back a bit on Monday to kick off the week, initially rallying above the $24K level before dropping hard later into the day, falling alongside equities down to the $22K level before bouncing to finish the day slightly positive. This is...
21 Dec 2020 2 minute read 1 comment Biz Wisdom
Ethereum exploded up during the week ending December 20th, breaking out above the contentious $600 - $625 zone and reaching up to the $675 level before pulling back to $650 to close the weekly candle. This is an impulsive bullish candle that was insp...
21 Dec 2020 2 minute read 2 comments Biz Wisdom
Outlook: Bitcoin exploded higher during the week ending December 20th, breaking out above the multi-year resistance level and ATH at $20K to rally to new highs and end the week north of the $23,000 level. This is an exceptionally bullish-looking cand...
20 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum has rallied during the month of December, initially falling a bit to start before turning around and forming a nice hammer candle on the monthly chart, recovering to a new multi-year high of about $660. This is a bullish candle and continuat...
20 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin broke out during the month of December (thus far), breaking above a long-term and historic resistance level of $20K, finally printing an impulsive candle well into the $20,000s. This is a very bullish impulsive candle and breakout pattern whi...
19 Dec 2020 1 minute read 0 comments Biz Wisdom
Ethereum rallied a bit on Friday, going back and forth before closing the daily candle slightly positive at around the $650 level. ETH capped off a bullish week posting a $100 gain over five days, breaking out above the $600 and seemingly overcoming...
