Your Daily Support to Break Resistance.
23 Nov 2020 3 minute read 0 comments Biz Wisdom
Bitcoin catapulted higher during the week ending November 22nd, initially pulling back before immediately finding support, successively forming consecutive higher highs throughout the week on the climb up to and just above $18,000, ultimately closing...
21 Nov 2020 1 minute read 2 comments Biz Wisdom
Ethereum broke out on Friday, breaking above the $500 level and closing the day near the highs around $510, ending the week on an extremely bullish note. Ethereum formed an impulsive bullish candle, breaking through resistance at $500 and closing the...
21 Nov 2020 1 minute read 0 comments Biz Wisdom
Bitcoin reached higher again on Friday, setting yet another local high just under the $19,000 level before finishing the day just under the daily high. This market is parabolic and continues to see late-stage momentum thrusts, but is running out of m...
20 Nov 2020 1 minute read 2 comments Biz Wisdom
Bitcoin grinded up a bit on Thursday, initially falling before turning around to close near the highs, forming a bit of an exhausted-looking hammer. Bitcoin's parabolic, but the price action over the past few days hint at a topping formation falling...
19 Nov 2020 1 minute read 0 comments Biz Wisdom
Ethereum went in both directions on Wednesday, rising and falling to eventually close a few points lower on the daily chart. ETH formed a bit of a bearish doji candle, indicating a degree of volatility and possible trend reversal. (November 18, 2020...
19 Nov 2020 2 minute read 1 comment Biz Wisdom
Bitcoin initially rallied on Wednesday, breaking up to the $18,500 level before giving back the gains, eventually closing the day just above the open around $17,800. Bitcoin put in a new high but promptly retreating, forming an inverted hammer, indic...
18 Nov 2020 1 minute read 0 comments Biz Wisdom
Ethereum burst higher on Tuesday, falling up to just under the $500 level before closing just under the highs of the day. Ethereum is in a bullish short-term formation and is pressuring the recent yearly highs. (November 18, 2020 8:30 PM EST) Outlo...
18 Nov 2020 1 minute read 0 comments Biz Wisdom
Bitcoin rocketed higher on Tuesday, rallying through the $17,000 level and reaching up towards $18,000, nearly scraping it before settling just under on the daily candle. Bitcoin has gone parabolic is moving furiously, which is a bullish sensation w...
17 Nov 2020 1 minute read 2 comments Biz Wisdom
Ethereum pulled back on Monday, falling below the $450 before buyers bought the dip, bringing ETH back above $450 to start the week off a bit in the red. This is slightly bearish but to be expected as ETH contends with added resistance just above a c...
17 Nov 2020 1 minute read 0 comments Biz Wisdom
Bitcoin had a volatile day, selling off early before finding support, bouncing up to new local highs just under the $17,000 level. Bitcoin continues to fend off sellers and extend its winning streak, which is starting to look a bit toppy. Outlook: B...
