My Technical Analysis
My Technical Analysis

My Technical Analysis

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

Ethereum Gets Rejected at $400 – What’s Next? (TA - 16th of October)

16 Oct 2020 2 minute read 3 comments 0xJonnyDee

he Ethereum (ETH) price has been consolidating inside both a long- and short-term range since the beginning of September. Until the price moves outside of this, the direction of the trend remains unclear.   Long-Term Levels The Ethereum price is...

BTCD Struggles With Resistance, Trend Remains Unclear (TA - 16th of October)

16 Oct 2020 1 minute read 4 comments 0xJonnyDee

The Bitcoin Dominance Rate (BTCD) is struggling to move above an important horizontal level, the reaction to which is crucial in determining the future trend.     Breakout From Resistance The Bitcoin dominance rate has been declining alongside a desc...

Link Finally Breaks Out From 52 Day Resistance Line (TA - 14th of October)

14 Oct 2020 2 minute read 8 comments 0xJonnyDee

On Oct 8, the ChainLink (LINK) price broke out from a descending resistance line that had been in place for 52 days. While a short-term decline could occur, the price should resume its upward move afterward.   LINK Breaks Out From Resistance The...

Bitcoin Holds Steady Above $11,200 Support (TA - 13th of October)

13 Oct 2020 2 minute read 5 comments 0xJonnyDee

Bitcoin (BTC) has broken out from a crucial resistance level and validated it as support afterward.   After a possible short-term decrease, the price is expected to resume its upward movement. BTC Trading Range The Bitcoin price has been increasing s...

Bitcoin Finally Breaks Out From Its Consolidation Pattern (TA - 9th of October)

9 Oct 2020 2 minute read 0 comments 0xJonnyDee

On Oct 8, Bitcoin (BTC) broke out from a month-long consolidation pattern. While there is still resistance left to clear, it is very likely that the trend is bullish. Bitcoin Breaks Out from Triangle On Oct 8, the Bitcoin (BTC) price began an upw...

COMP Reaches New All-Time Low Price After Breakdown From Support (TA - 8th of October)

8 Oct 2020 1 minute read 2 comments 0xJonnyDee

The Compound (COMP) price has fallen below a long-term support level and has proceeded to fall to a new all-time low. However, the price is trading inside a bullish pattern from which a breakout is expected.   All-Time High to All-Time Low On Sept 1,...

Two Lesser-Known Altcoins With Significant Potential For Increases (TA - 8th of October)

8 Oct 2020 1 minute read 2 comments 0xJonnyDee

The ChartEx (CHART) price has made an attempt to move above a recently lost support area but was unsuccessful in doing so. The Hedera Hashgraph (HBAR) price is trading right at a major support level and could soon begin an upward move.     ChartEx (C...

Ethereum (ETH) Trend Undecided, Technical Indicators Remain Mixed (TA - 7th of October)

7 Oct 2020 2 minute read 2 comments 0xJonnyDee

Ethereum (ETH) has made an attempt at moving upwards past resistance, but failure caused the price to retrace almost completely. Even though some technical indicators are bullish, a breakout from the current resistance area is required for the tr...

THETA Tacks on Nearly 40% Since Previous All-Time High (TA - 6th of October)

6 Oct 2020 2 minute read 1 comment 0xJonnyDee

The Theta Network (THETA) token price broke out and reached a new all-time high on Sept 24. The price has yet to show any clear signs of weakness and has allowed THETA to climb up another level.   THETA All-Time High On Sept 24, THETA broke out f...

Bitcoin Gears Up for Another Attempt at Moving Above Resistance (TA - 5th of October)

5 Oct 2020 2 minute read 5 comments 0xJonnyDee

Bitcoin (BTC) is still trading above an important long-term support level and is expected to eventually make another attempt at breaking out above $11,200. Overcoming this resistance, or rejection from it, will likely determine the direction of the m...