Sirwin
Sirwin
My Technical Analysis
My Technical Analysis

My Technical Analysis

Technical Analysis from me, will mostly be doing Bitcoin / Altcoin.


XTZ Targets Closest Support After Triangle Breakdown (TA - 28th of October)

28 Oct 2020 2 minute read 13 comments 0xJonnyDee

The Tezos (XTZ) price has been falling rapidly since the beginning of August and has just broken down from a neutral pattern. The price should decline until it reaches the support levels outlined below.   Descent to Support The XTZ price has been...

Polkadot (DOT) Might Have Begun An Upward Trend (TA - 27th of October)

27 Oct 2020 1 minute read 0 comments 0xJonnyDee

Polkadot (DOT) has reclaimed an important support level and looks to have begun a new bullish impulse that might take it to new highs. The DOT price has been following a descending resistance line since reaching a high of $6.86 on Sept 1.   DOT O...

Ethereum Reaches Daily Close Above $400 – What’s Next? (TA - 26th of October)

26 Oct 2020 2 minute read 3 comments 0xJonnyDee

The Ethereum (ETH) price has finally reached a daily close above the $390 resistance level, something it had failed to do since the early Sept drop. As long as the price is trading above this level, the possibility of upwards continuation is the most...

Bitcoin Reaches Highest Weekly Close in Nearly Three Years (TA - 26th of October)

26 Oct 2020 2 minute read 2 comments 0xJonnyDee

During the week of Oct 19-26, Bitcoin (BTC) reached a close above $13,000. While the long-term trend is bullish, the short-term chart has begun to show weakness. Whether the price breaks out or down from the current parallel channel will likely d...

LINK’s Breakout Could Eventually Take It to $15 (TA - 24th of October)

24 Oct 2020 2 minute read 9 comments 0xJonnyDee

The ChainLink (LINK) price has broken out from a downtrend line that had been in place for more than two months. Despite this, the price has failed to considerably increase after the breakout and has yet to clear a crucial resistance level, which...

BAT Targets $0.30 After Wedge Breakout (TA - 23rd of October)

23 Oct 2020 1 minute read 2 comments 0xJonnyDee

The Basic Attention Token (BAT) price has possibly completed a bearish impulse pattern with a breakout from the descending wedge it had been trading in for the past month.   If true, the price is expected to continue moving upwards in either an upwar...

ICX Finally Breaks Out From a Nearly Two Month Long Pattern (TA - 22nd of October)

22 Oct 2020 2 minute read 0 comments 0xJonnyDee

The Icon (ICX) price has broken out from a bullish pattern that had been in place since the yearly high reached on Aug 22. The price should move upwards towards the levels outlined below.   Wedge Breakout The ICX price reached a high of $0.809 on...

Bitcoin Breaks Out to Target $11,900 Resistance (TA - 20th of October)

20 Oct 2020 1 minute read 2 comments 0xJonnyDee

On Oct 19, the Bitcoin (BTC) price initiated an upward move, finally breaking out from its consolidation phase that had lasted for the entirety of the previous week. At the time of press, BTC was approaching the Sept 3 highs of $11,940.   Bitcoin...

Tomochain’s (TOMO) Rejection Casts Doubt On Bullish Prospects (TA - 19th of October)

19 Oct 2020 2 minute read 0 comments 0xJonnyDee

While the Tomochain (TOMO) price is resting above several crucial support levels, technical indicators and the wave count suggests that the price has begun to correct. TOMO Holds on to Support The TOMO price reached a high of $1.55 on Aug 13, but dro...

Three DeFi Coins That Could Be Nearing a Bottom (TA - 16th of October)

16 Oct 2020 1 minute read 4 comments 0xJonnyDee

3 DeFi coins, Yearn.Finance (YFI), SushiSwap (SUSHI), and Uniswap (UNI) might be nearing a bottom, but UNI and SUSHI have shown some bullish reversal signs while YFI is lagging. In this article, we’ll briefly look at all three coins and determine wh...