Your Daily Support to Break Resistance.
28 Apr 2021 1 minute read 0 comments Biz Wisdom
Ethereum broke out bigly on Tuesday, printing an impulsive bullish candle above the $2,500 level and up to $2,700, closing the daily candle around $2,625. This is extremely bullish as ETH has broken out of its $500 range and above a resistance level...
27 Apr 2021 2 minute read 0 comments Biz Wisdom
Bitcoin sold off aggressively last week, dropping from about the $62K level down to about $47.5K over the weekend before bouncing, recovering a bit to just above $50K to end the week on a bearish note. However, we're off to a good start this week wit...
26 Apr 2021 1 minute read 0 comments Biz Wisdom
Bitcoin has been known for having explosive bull markets that provide outsized gains, exponentially higher than traditional stock market indices. Crypto vs Stock Market Indices. As you can see in the below 2-year chart, the S&P 500, Dow Jones Industr...
24 Apr 2021 1 minute read 2 comments Biz Wisdom
Bitcoin fell again on Friday, falling early in the session to about $47,500 before the buyers stepped in, bidding up Bitcoin to the 50 Day EMA where it was ultimately rejected, closing the daily candle around the $51K level. (April 23, 2021 8:30PM...
23 Apr 2021 1 minute read 0 comments Biz Wisdom
Bitcoin had a nasty fall on Thursday, getting rejected at the $55K level before falling hard, dropping under the $52K level and closing the daily candle at the lows. This is a bearish candle as Bitcoin has now broken below the 50 Day EMA which was be...
22 Apr 2021 1 minute read 0 comments Biz Wisdom
Ethereum rallied on Wednesday, rallying to about the $2,450 level before pulling back a bit, closing the bullish daily candle just above $2,400. This is a bullish candle as we get another higher high and higher low to come within 5% of the current AT...
21 Apr 2021 1 minute read 1 comment Biz Wisdom
Bitcoin recovered a bit on Tuesday, initially falling back to the 50 Day EMA just above $53K where Bitcoin bounced strongly again to close the day on a high note just under $56K. This is a bullish hammer candle indicating buyers underneath and a stro...
20 Apr 2021 1 minute read 0 comments Biz Wisdom
Bitcoin fell to start the week as this weekend's selloff bled into Monday's trading session, resulting in a weak recovery and bearish close around the $56K level. This is a bearish candle, however, Bitcoin found support at the 50 Day EMA around $52K...
19 Apr 2021 2 minute read 0 comments Biz Wisdom
Bitcoin fell during the week ending April 18th, initially rallying above the $60K level before selling off, dropping sharply to about the $51K level over the weekend and closing the weekly candle with a long-tailed bearish hammer. This is a somewhat...
18 Apr 2021 1 minute read 0 comments Biz Wisdom
Basic Attention Token (BAT/BTC) is in bull territory, rallying above the 50 Week EMA and reaching up to the 0.00003 level before finding some resistance, currently trading around 0.000024. BAT has recovered nicely over the past few weeks with a break...
