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