Your Daily Support to Break Resistance.
26 Oct 2020 2 minute read 5 comments Biz Wisdom
Ethereum broke out during the week ending October 25, breaking out of its sideways trading channel and rising above the $400 level, closing just above that level to end the week near the high. Like Bitcoin, ETH is comfortably in an ascending channel...
26 Oct 2020 2 minute read 0 comments Biz Wisdom
Bitcoin broke out during the week ending October 25, exploding higher and breaking through the $12,000 level, closing the week around resistance at $13,000. This is a bullish development and I think this breakout has plenty of legs left for Bitcoin t...
24 Oct 2020 1 minute read 2 comments Biz Wisdom
Bitcoin pulled back a bit on Friday, initially falling to about the $12,700 level before turning around, closing the day just under $13,000. This is probably some profit-taking as Bitcoin went straight up this week into possibly the last major resist...
24 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum pulled back a bit on Friday, initially falling before bouncing off the $400 level, closing the day around $410. This is to be expected as the $400 level is an inflection point and there should be more than usual buying and selling around thi...
23 Oct 2020 2 minute read 1 comment Biz Wisdom
Bitcoin rallied again on Thursday, continuing its breakout north of the $13,000 level, closing the day around $13,100. This level is probably one of the last points of real resistance Bitcoin might face before the 2017 ATH at $20,000. (October 22,...
23 Oct 2020 1 minute read 1 comment Biz Wisdom
Ethereum rallied again on Thursday, breaking above the $400 level in convincing fashion, closing the day near the highs just under $420. This is possibly a more bullish day for ETH, as this is arguably a line in the sand for ETH's longer-term directi...
22 Oct 2020 1 minute read 0 comments Biz Wisdom
On the eve of Brave passing 20 million Monthly Average Users (MAU), Brave announced they will no longer be allowing new users to sign up for the Brave Referral Program. What this means: Existing referrers should see no changes and may continue coll...
22 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum followed Bitcoin's lead in rallying on Wednesday on the back of PayPal's announcement. Ethereum is now at a critical juncture and inflection point that is the $400 level, which has served as major resistance and support since 2017. (October...
22 Oct 2020 1 minute read 0 comments Biz Wisdom
Bitcoin exploded to the upside on Wednesday, shooting straight through $12,000 and reaching as high as $12,900 as the day closed. After hours, we have already seen Bitcoin reach above $13,000. After calling this breakout yesterday and the price actio...
21 Oct 2020 1 minute read 0 comments Biz Wisdom
Ethereum fell on Tuesday, giving back most of yesterday's gains. This is most likely a result of Bitcoin's continued bullish rise in which BTC reached up to the $12,000 level again today. In Crypto markets, smaller-cap coins (altcoins) tend to suffer...
