Technical Analysis from me, will mostly be doing Bitcoin / Altcoin.
25 Sep 2020 2 minute read 9 comments 0xJonnyDee
The Ether (ETH) price began an increase on Sept. 24 which is still ongoing. However, the price has not yet confirmed that it has begun an upward trend, making it likely that the current increase is corrective. Bullish Engulfing Candlestick The ETH...
25 Sep 2020 2 minute read 8 comments 0xJonnyDee
On Sept. 24, the Bitcoin (BTC) price created its first higher low since the Sept. 4 drop with a bullish engulfing candlestick. It is possible that this was the beginning of a new upward movement for BTC. Bullish Engulfing Candlestick On Sept. 25, t...
24 Sep 2020 1 minute read 15 comments 0xJonnyDee
The Tezos (XTZ) price has been decreasing rapidly since Aug. 13 and has broken down from several crucial support levels. Unless the price is successful in reclaiming them, the trend is considered bearish. Breakdown From Long-Term Support The XT...
23 Sep 2020 2 minute read 1 comment 0xJonnyDee
The Bitcoin (BTC) price has been increasing since reaching a low on Sept 21. However, the increase looks corrective and BTC is expected to complete another small downward move before eventually resuming its upward movement. After reaching a low of $1...
21 Sep 2020 1 minute read 5 comments 0xJonnyDee
The Uniswap (UNI) price was subject to a rapid increase on Sept 17, but reached a top the next day and has been decreasing since. The recent breakout suggests that the price is likely to continue its upward movement. UNI Breakout The UNI price has...
17 Sep 2020 2 minute read 8 comments 0xJonnyDee
The Bitcoin (BTC) price reached a high above $11,100, purportedly breaking out from the current pattern, but was rejected by an important Fib level and has been decreasing since. Bitcoin Rejected At Resistance Technical indicators have begun to...
16 Sep 2020 1 minute read 14 comments 0xJonnyDee
The ChainLink (LINK) price has been decreasing alongside a descending resistance line since its Aug 16 all-time high. Unless the price is successful in breaking out above this resistance, the price movement is still considered corrective. LINK Brea...
14 Sep 2020 2 minute read 4 comments 0xJonnyDee
The Polkadot (DOT) price has bounced at an important support level and is aiming to break above its previous highs. Failure to break out above the current resistance area could once again trigger a rapid drop towards the $3 level. Polkadot Trad...
14 Sep 2020 2 minute read 0 comments 0xJonnyDee
Even though Bitcoin (BTC) has been moving upwards since Sept. 8, it has shown considerable weakness indicating that it is likely beginning a final wave down that could end at $9,700. After the losses seen during the week of Aug 31-Sept 7, the Bitcoin...
8 Sep 2020 2 minute read 9 comments 0xJonnyDee
Despite the sharp drop during the week of August 31 – September 6, the Ethereum (ETH) price has maintained its bullish structure. However, a reversal has to occur soon for long-term indicators not to turn bearish. Long-Term Support Is Still Intact...
