Your Daily Support to Break Resistance.
16 Nov 2020 2 minute read 1 comment Biz Wisdom $2.80
Ethereum broke out again during the week ending November 15th, initially pulling back a bit before finding support and reaching higher, closing the week near the highs around $475. Ethereum is in an ascending channel and by all measures appears to be...
16 Nov 2020 3 minute read 0 comments Biz Wisdom $0.74
Bitcoin grinded higher during the week ending November 15th, initially falling before finding support above the $14,000 level and rallying to a new yearly high, closing the weekly candle north of $16,000. Bitcoin is starting to look extended and star...
15 Nov 2020 3 minute read 2 comments Biz Wisdom $2.88
Bitcoin is the largest-cap crypto, but is it the best performing? While it may a 'safer' bet than other crypto assets, how does it compare to Ethereum, who has been embedded as the #2 crypto for half a decade now? And though I prognosticate and agree...
14 Nov 2020 1 minute read 0 comments Biz Wisdom $0.46
Ethereum rallied a bit on Friday, erasing yesterday's losses and closing the daily candle near the highs north of $475. This is a bullish candle and shows Ethereum's move up is probably alive and well. (November 13, 2020 8:30 PM EST) Outlook: Ether...
14 Nov 2020 1 minute read 0 comments Biz Wisdom $0.98
Bitcoin went back and forth on Friday, initially falling to the $16,000 level before bouncing up to $16,500 before finally pulling back to finish the day almost flat. This pattern is starting to look a little exhausted, and given the face-melting ral...
13 Nov 2020 1 minute read 0 comments Biz Wisdom $0.91
Ethereum pulled back on Thursday, initially pulling back before recovering a bit, eventually giving up about half of yesterday's gains. This is not even a particularly bearish candle as ETH had just printed six consecutive bullish candles, and the re...
13 Nov 2020 1 minute read 1 comment Biz Wisdom $0.11
Bitcoin rallied on Thursday, initially pulling back before breaking above the $16,000 level. Bitcoin continues to fend off the sellers and rise to new highs, despite Bitcoin being officially "overbought" for a few days now. (November 12, 2020 9:30 P...
13 Nov 2020 2 minute read 1 comment Biz Wisdom $0.40
Basic Attention Token (BAT/BTC) continues to drift lower against Bitcoin, having broken down in October below a long-term support level and setting new a new multi-year low. The BAT/BTC chart is extremely bearish, and while BAT holders' bags are the...
13 Nov 2020 1 minute read 1 comment Biz Wisdom $1.21
ChainLink pulled back again on Thursday, following through its rejection of the 50 Day EMA above and drifting down towards the 200 Day EMA around 0.000726. Link is in a defined downtrend and looks like it's headed for more pain ahead. (November 12, 2...
12 Nov 2020 1 minute read 1 comment Biz Wisdom $0.93
Ethereum broke out on Wednesday, breaking above the $450 level and reaching up to the $475 level before pulling back a bit, closing the day well above $450. This is a bullish breakout, of course, piercing a key resistance level and closing above it o...
