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