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26 Feb 2021 1 minute read 0 comments Biz Wisdom $0.27
Bitcoin fell again on Thursday, rallying earlier in the day again before the sellers regained control, giving back the gains and finishing the daily candle in the red down to just under the $48K level. This is a bearish candle as Bitcoin hasn't been...
25 Feb 2021 2 minute read 0 comments Biz Wisdom $0.34
Ethereum recovered a bit on Wednesday, rallying earlier in the day to over $1,700 before pulling back, closing the daily candle just north of $1,600. This is an inverted hammer and indicates the sellers are selling into rallies, short-term bearish fo...
25 Feb 2021 1 minute read 3 comments Biz Wisdom $0.60
Bitcoin rallied slightly on Wednesday, initially rallying before giving back most of the gains, ultimately closing the daily candle with an inverted hammer. This is not a great look but we could really go either way at this point; my medium-long-term...
24 Feb 2021 2 minute read 0 comments Biz Wisdom $0.19
Ethereum sold off again on Tuesday, dropping like a rock right from the open to fall from $1,800 all the way down to under $1,400 before finding some semblance of support, eventually closing the daily candle just north of $1,500. This is a strongly b...
24 Feb 2021 2 minute read 0 comments Biz Wisdom $0.60
Bitcoin sold off aggressively on Tuesday, crashing below the $50K level, and even reaching down to the $45K level before finding a bit of support, finishing the trading session around the $48K level. This is a firmly bearish candle as Bitcoin sliced...
23 Feb 2021 2 minute read 0 comments Biz Wisdom $0.71
Ethereum sold off on Monday, dipping as low as $1,500 before finding support near the 200 Day EMA, immediately bouncing higher and closing above the 50 Day EMA just under $1,800. This is a bearish candle but ETH managed to bounce at a critical suppor...
23 Feb 2021 2 minute read 1 comment Biz Wisdom $0.37
Bitcoin sold off on Monday, dropping sharply early in the trading session to under the $48K level before promptly finding support at the 50 Day EMA and bouncing higher, closing the daily candle just above $54K. This is a bearish candle, but despite i...
22 Feb 2021 2 minute read 1 comment Biz Wisdom $0.50
Bitcoin broke out higher last week, initially falling a bit before finding support and smashing through the $50K level and rallying up to about $58K by the close of the weekly candle, officially claiming the all-important $1 trillion market cap level...
22 Feb 2021 2 minute read 0 comments Biz Wisdom $0.36
Ethereum rallied again last week, finding support earlier in the week and reaching over the $2,000 mark later in the week before pulling back a bit over the week, closing the weekly candle just under $2,000 around $1,935. This is a bullish candle as...
20 Feb 2021 1 minute read 0 comments Biz Wisdom $0.21
Bitcoin broke out higher again on Friday, cresting the $55K level and officially reaching a $1 Trillion market cap for the first time in Bitcoin's history. This is obviously a bullish engulfing candle as Bitcoin continues to new highs amid a myriad o...
