Your Daily Support to Break Resistance.
2 Dec 2020 2 minute read 0 comments Biz Wisdom
(December 1, 2020 8:30PM EST) Outlook: Ethereum went back and forth on Tuesday, experiencing a surge in volatility as the ETH 2.0 beacon chain launched, swinging wildly down and up to reach a new local high before dropping, ultimately closing the dai...
2 Dec 2020 1 minute read 0 comments Biz Wisdom
Outlook: Bitcoin pulled back on Tuesday, initially falling down to near the $18,000 level before rebounding a bit, eventually settling the daily candle down on the day at roughly the $19,000 level. This is a bearish candle, as it indicates, of course...
1 Dec 2020 2 minute read 0 comments Biz Wisdom
Ethereum leaped higher on Monday, recovering nearly all of last week's losses and pushing above the $600 level, settling just above in a bullish engulfing candle. This is extremely bullish and came as a surprise, showing that both sentiment is bullis...
1 Dec 2020 2 minute read 0 comments Biz Wisdom
Bitcoin erupted higher on Monday, rallying vociferously to erase last week's losses and reaching up to the ATH around $20,000, reaching a new ATH and grazing about $19,900 before pulling back a bit into the close. This is extremely bullish and a bull...
1 Dec 2020 2 minute read 0 comments Biz Wisdom
This is a simple analysis but I think it allows us to make a few deductions: 1) Crypto interest is increasing. We can see in 2018-2019 declining and generally low volume, meaning low interest, coinciding with the dark bear market. We observe a noti...
30 Nov 2020 2 minute read 0 comments Biz Wisdom
Ethereum rallied during the week ending November 29th, reaching above the $600 level before turning around, dipping below $500 before settling just above. Ethereum formed an inverted hammer with a long wick on the upside, indicating a steep rise and...
30 Nov 2020 2 minute read 0 comments Biz Wisdom
Bitcoin pulled back during the week ending November 29th, initially rallying up to just under the ATHs around $20,000 before finding resistance and pulling back. Bitcoin formed a bearish candle with a long wick on top, indicating exhausted buying and...
28 Nov 2020 2 minute read 1 comment Biz Wisdom
Ethereum went back and forth Friday, initially rallying then falling to close the daily candle almost completely flat heading into the holiday weekend. Ethereum is facing bearish pressure right now as this week has seen increasing selling by the day,...
28 Nov 2020 2 minute read 0 comments Biz Wisdom
Bitcoin pulled back a bit on Friday, drifting a little bit lower throughout the day and settling slightly lower, heading into the weekend just above the $17,000 level. This is a bearish end to the week as Bitcoin has dropped about 15% since Wednesday...
27 Nov 2020 2 minute read 1 comment Biz Wisdom
Ethereum sold off on Thursday, falling further below the $600 level and even breaching below the $500 level before finding support, eventually closing the daily candle around $520. This is an extremely bearish candle as Ethereum dropped over 10% on t...
