My Technical Analysis
My Technical Analysis

My Technical Analysis

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


BAT Targets $0.30 After Wedge Breakout (TA - 23rd of October)

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...

ICX Finally Breaks Out From a Nearly Two Month Long Pattern (TA - 22nd of October)

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...

Bitcoin Breaks Out to Target $11,900 Resistance (TA - 20th of October)

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...

Tomochain’s (TOMO) Rejection Casts Doubt On Bullish Prospects (TA - 19th of October)

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...

Three DeFi Coins That Could Be Nearing a Bottom (TA - 16th of October)

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...

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...