824 Articles 3 Followers
1 Jul 2021 1 minute read 0 comments Biz Wisdom $0.15
Bitcoin fell a bit on Wednesday, getting rejected by the 200 Week EMA around $36.6K and giving back most of yesterday's gains to fall to just under $35K. Getting rejected is not bullish, but repeatedly attempting and even briefly breaking above a res...
29 Jun 2021 1 minute read 1 comment Biz Wisdom $0.11
Ethereum has started off the week in the green, bouncing off the short-term bottom around $1,730 and rallying above the $2,000 level, closing the Monday trading session north of $2,100. This is a good turnaround and bounce off of support, but it's ea...
28 Jun 2021 1 minute read 0 comments Biz Wisdom $0.34
Bitcoin rallied last week, initially falling to retest the $30K level before finding support and closing the weekly right above the 20 Week EMA. This is bullish for Bitcoin as support continues to hold and Bitcoin continues to test the 50 Week EMA. B...
25 Jun 2021 1 minute read 0 comments Biz Wisdom $0.12
Ethereum recovered a bit on Thursday, rallying to about the $2,000 level. ETH found support and bounced at the 200 Day EMA around $1,723 on Monday, giving us a bit of a relief rally since then. If ETH breaks below the 200 Day EMA, then ETH see anothe...
23 Jun 2021 2 minute read 2 comments Biz Wisdom $0.25
Bitcoin dropped again to start off the week, slipping briefly under the $30K level to ~$28,700 before the buyers stepped in, bouncing BTC back to ~$33K near the end of the Tuesday session. While the lower low is not bullish, the response was, showing...
21 Jun 2021 1 minute read 5 comments Biz Wisdom $0.30
Monero rallied a bit this past week, rallying slightly in satoshis to about the 0.007 level. More impressively is how XMR has parried much of the May selloff in which BTC as well as alts have bled ~50% or more, whereas XMR has recovered most of the l...
20 Jun 2021 1 minute read 3 comments Biz Wisdom $0.24
Basic Attention Token (BAT/BTC) has struggled of late, falling below the 50 and 200 Week EMAs and the 0.00002 BAT/BTC level to about 0.0000166. This is a bearish divergence, at least in the short-term, however if BAT can find support around these lev...
19 Jun 2021 1 minute read 0 comments Biz Wisdom $0.44
ChainLink has continued its pullback, getting rejected from the 200 Week EMA earlier this week before drifting lower to under 0.0006 LINK/BTC. This is a bearish short-term pattern, of course. However, when you zoom out, this appears to be a significa...
18 Jun 2021 1 minute read 1 comment Biz Wisdom $0.17
Bitcoin slid a bit further on Thursday, starting the day off around $39K before pulling back to about $37.5K. Bitcoin appears to be correcting a bit after rallying to a short-term higher high, so we'll be watching to see what BTC does at the 200 Day...
17 Jun 2021 1 minute read 0 comments Biz Wisdom $0.23
Bitcoin fell a bit on Wednesday, dropping about $1,000 in response to the dovish FOMC minutes alongside TradFi markets which also dropped ~1%. This is minor inconsequential noise for Bitcoin as we flirt with a short-term higher to further complete a...
