Technical Analysis from me, will mostly be doing Bitcoin / Altcoin.
4 Dec 2020 2 minute read 2 comments 0xJonnyDee
Bitcoin (BTC) is in the process of making another attempt at breaking out above the $19,400 area after a brief deviation above the level yesterday. Bitcoin is expected to be successful in doing so and will likely move towards the resistance levels ou...
2 Dec 2020 2 minute read 6 comments 0xJonnyDee
Bitcoin (BTC) reached another new all-time high on Dec. 1 before dropping sharply to $18,000. Bitcoin has regained the majority of its losses, but another short-term decrease is expected before it can potentially resume its upward movement. Bitcoin P...
26 Nov 2020 2 minute read 3 comments 0xJonnyDee
The XRP price has been falling rapidly since reaching a high of $0.79 on Nov. 24. Despite a sharp drop, XRP should reverse trend near the support levels outlined below and eventually begin to move upwards again. Long-Term Movement The XRP price has...
26 Nov 2020 1 minute read 5 comments 0xJonnyDee
In the early hours of Nov. 26, the BTC price was subject to a rapid decrease, dropping by nearly $1,700 in a matter of hours. The price has broken down from a bullish structure that had been in place since the upward move began to accelerate in Se...
24 Nov 2020 1 minute read 0 comments 0xJonnyDee
The Matic Network (MATIC) price has been increasing since reaching a bottom on Nov 4. On Nov 4, the MATIC price reached a local low of $0.0110, and finally reversed the downward trend which had begun on Aug 15. The low coincided with the 0.786 Fib...
20 Nov 2020 1 minute read 2 comments 0xJonnyDee
On Nov 19, the Bitcoin (BTC) price reversed its potential decrease and broke out from a short-term symmetrical triangle. The price is expected to continue increasing towards the closest resistance area. Bitcoin Parabolic Ascending Support The Bitcoin...
19 Nov 2020 1 minute read 0 comments 0xJonnyDee
The prices of both Yearn.Finance (YFI) and DFI.Money (YFII) have been increasing since Nov 5. While the former has already flipped an important resistance area, the latter is still struggling to break out. YFII Trading Range Since Oct 7, the YFII...
17 Nov 2020 1 minute read 0 comments 0xJonnyDee
The Uniswap (UNI) price has been increasing since it broke out of a descending channel on Nov 5. The price is currently trading inside an important support area which will be crucial in maintaining the current upward trend. The UNI price had been...
16 Nov 2020 2 minute read 0 comments 0xJonnyDee
The Bitcoin (BTC) price increased incrementally during the week of Nov 9-16. Even though the price failed to reach a close above $16,000, it returned to validate the previous breakout level and has begun to increase once more. During the week of N...
12 Nov 2020 1 minute read 2 comments 0xJonnyDee
The Aave (AAVE) price has broken out from a descending resistance line that’s been in place since hitting a high on Aug 26. Despite the breakout, the price was rejected by an important Fib resistance level and is expected to decrease in the short-ter...
