Technical Analysis from me, will mostly be doing Bitcoin / Altcoin.
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...
10 Nov 2020 1 minute read 0 comments 0xJonnyDee
Bitcoin (BTC) is possibly trading inside an ascending triangle with resistance at $15,800. The price movement and wave count suggest that an eventual breakout from the triangle is likely. Bitcoin Rally Stalls The Bitcoin price showed indecision on...
5 Nov 2020 1 minute read 1 comment 0xJonnyDee
The Chainlink (LINK) price is retracing since being rejected by an important resistance level. Despite the breakdown from a short-term structure, the price is expected to soon begin moving upwards to break out from the current resistance area. L...
3 Nov 2020 1 minute read 0 comments 0xJonnyDee
The Uniswap (UNI) price has broken down from a crucial support level and has been falling since. While the price has shown some preliminary bullish reversal signs, it hasn’t yet been confirmed. UNI Breaks Down From Support The UNI price has been...
2 Nov 2020 1 minute read 0 comments 0xJonnyDee
The Bitcoin (BTC) price has increased significantly over the past two weeks but has created a bearish pattern in the short-term. Technical indicators are also showing weakness, indicating a retracement could be in the cards. Bitcoin Double-Top Implie...
30 Oct 2020 2 minute read 4 comments 0xJonnyDee
Cardano (ADA) has failed to break out above a long-term descending resistance line and suffered a sharp drop after its rejection. Technical indicators suggest that the price is likely to continue its descent. ADA Long-Term Bounce Currently, ADA i...
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...
