Sirwin
Sirwin
Crypto Daily FX

Crypto Daily FX

Your Daily Support to Break Resistance.


Will ETH Tightening Wedge Break Up or Down? (June 12 Forecast)

12 Jun 2021 1 minute read 1 comment Biz Wisdom

Ethereum had a quiet Friday, trading in a small range to end the week on a bearish note as it slid about $500 to finish near the lower trendline. ETH appears to be developing a tightening wedge pattern that could break either way, but the bias is to...

Did Bitcoin just Double-Bottom? (June 11 Forecast)

11 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin rallied a bit Thursday and the past few days, putting in what appears to be a double-bottom and bouncing back to about the $38K level before cooling off a bit today. This very well could be a choppy sideways trading pattern as BTC looks to br...

Buy Bitcoin While It's Boring? (Weekly Forecast)

7 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin rallied a bit last week, rallying to nearly $40K before slipping in concert with another Elon Mark tweet and finishing the weekly candle net-positive around $36K. This is a bullish doji candle as Bitcoin continues to find support at the 50 We...

Why is ETH/BTC Holding Up So Well? (Weekly Forecast)

4 Jun 2021 1 minute read 0 comments Biz Wisdom

Ethereum has rallied so far this week, erasing some more losses as it crests the $2,800 level, tying last week's highs. This is bullish, although we have to consider whether or not this is indeed a resumption of the uptrend or a deadcat bounce before...

Is BTC's Short-Term Bottom In Yet? (Weekly Forecast)

3 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin has bounced back a bit so far this week, bouncing off the 50 Week EMA and rallying to the 78.6% fib around $38K mid-week. Depending how Bitcoin responds from here, this relief rally could solidify a bottom, or set the stage for another test o...

Buy Now or Wait for $20K? (Weekly Forecast)

30 May 2021 1 minute read 2 comments Biz Wisdom

Bitcoin struggled again during the week ending May 30th, initially rallying a bit to the $37K level before the sellers stepped in, pulling back to the 50 Week EMA. This is a bearish succession of candles, of course, however, the uptrend remains well...

Bitcoin Enters "Bear Trap" Phase - Smart Money Buying (Weekly Forecast)

25 May 2021 1 minute read 1 comment Biz Wisdom

Bitcoin sold off viciously last week, dropping about $20K and posting its first $10,000 daily candle as it dropped from $50K to ~$43K, then the following day to $30K. This is an extremely bearish candle obviously, as this indicates the end of a trend...

Analysis: Bitcoin Now vs 2013 and 2017 Market Cycles

23 May 2021 1 minute read 0 comments Biz Wisdom

Has Bitcoin put in a market cycle top?  Are we following the 2013 or 2017 market cycle?   Let's analyze.   Bitcoin 2013 vs Now. Correlation has been pretty close since 2016-present. Based on recent 2021 price action, looks like we could be set up to...

Bitcoin Dominance at Extreme Low Levels (May 19 Forecast)

19 May 2021 1 minute read 0 comments Biz Wisdom

Bitcoin fell again on Tuesday, initially rallying just over the $45K level before pulling back, closing the daily candle around $43K. Afterhours we've seen BTC drift to a lower low, now within striking distance of major support at the $40K level. If...

BTC Dominance at Multi-Year Low | Bottom's In? (Weekly Forecast)

17 May 2021 1 minute read 2 comments Biz Wisdom

Bitcoin fell last week, initially recovering a bit before selling off later in the week amid FUD surrounding Elon Musk-inspired Bitcoin mining environmental implications, falling underneath the $50K level and even dipping down below $44K before ultim...