Your Daily Support to Break Resistance.
2 Nov 2020 2 minute read 0 comments Biz Wisdom
Ethereum pulled back during the week ending November 1st, trading back and forth around the critical $400 level before settling just underneath on the week. Ethereum is in a bit of consolidation after an explosive breakout mid-year. (November 1, 2020...
2 Nov 2020 1 minute read 0 comments Biz Wisdom
Bitcoin continued its breakout during the week ending November 1st, eclipsing the $13,000 level and reaching up towards the $14,000 level, closing the week just under that level. Bitcoin is in a well-defined uptrend and momentum is to the upside. (No...
30 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum was quiet on Thursday, puttering around $380 to $390, closing slightly positive on the day. Ethereum looks to be in a consolidation pattern before continuing higher. (October 29, 2020 8:00 PM EST) Outlook: Ethereum didn't do much today, mov...
29 Oct 2020 1 minute read 2 comments Biz Wisdom
Bitcoin rallied a bit on Thursday, initially falling to the $13,000 level before turning around and closing the day on a green note just under the $13,500 level. Bitcoin may be forming a new $1,000 range in the $13,000 - $14,000 region. (October 29,...
29 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum fell on Wednesday, selling off alongside traditional markets, gold, and Bitcoin, dropping below the critical $400 level and closing the day around $388. We are in the eye of the storm and a bearish engulfing candle is not an ideal start to a...
29 Oct 2020 1 minute read 0 comments Biz Wisdom
Bitcoin fell hard on Tuesday, selling off alongside equities and gold, both of which fell multiple percentage points during the Europe and US trading sessions. Bitcoin dropped down to below the $13,000 level before bouncing, eventually settling aroun...
28 Oct 2020 1 minute read 0 comments Biz Wisdom
Bitcoin burst higher on Tuesday, breaking above the $13,500 level and settling near the highs north of $13,700. On a shorter time, Bitcoin looks a little frothy, but if Bitcoin can break above $14,000, a run to $20,000 is not out of the question. (O...
28 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum rallied a bit on Tuesday, moving back above the $400 level and settling around $404. This is not an impulsive move and shows there's quite a bit of back and forth going on at this critical level. (October 27, 2020 8:00 PM EST) Outlook: Eth...
27 Oct 2020 2 minute read 1 comment Biz Wisdom
Ethereum fell on Monday, dropping below the $400 in a wild day, closing around the $390 level. $400 will likely be a highly contested level which will likely be increasingly tenuous as volatility and uncertainty in traditional markets are climbing. ...
27 Oct 2020 2 minute read 0 comments Biz Wisdom
Bitcoin had a wild start to the week, initially rallying to a new high before pulling back, forming a bit of an inverted hammer before closing the day slightly in the green. Despite having reached a slightly higher high today, this is the volatility...
