Technical Analysis from me, will mostly be doing Bitcoin / Altcoin.
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...
7 Sep 2020 3 minute read 2 comments 0xJonnyDee
The Bitcoin (BTC) price decreased by 12.30% during the week of Aug 31-Sept 7. It has reached a major long-term horizontal and Fibonacci support level, which may be enough to initiate a reversal. Bitcoin Rests at Weekly Support The Bitcoin price...
1 Sep 2020 2 minute read 5 comments 0xJonnyDee
The Bitcoin (BTC) price has broken out from a crucial resistance area and invalidated a number of bearish wave counts. This makes it likely that BTC has begun a new upward wave that takes it above the current yearly highs. Bitcoin’s Monthly Close...
25 Aug 2020 2 minute read 3 comments 0xJonnyDee
The Cosmos (ATOM) price reached a new all-time high on Aug 23. The upward trend has yet to show any weakness. The Solana (SOL) price reached a new all-time high on Aug 13 and has broken out over a short-term descending resistance line. Cosmos (AT...
17 Aug 2020 2 minute read 4 comments 0xJonnyDee
The Bitcoin (BTC) price increased gradually over the past week and reached a crucial long-term resistance area. The short/medium-term trend is showing weakness, indicating that a corrective move could transpire soon. Bitcoin Long-Term Levels Th...
12 Aug 2020 2 minute read 6 comments 0xJonnyDee
While the Bitcoin (BTC) price has increased considerably over the past few weeks, it has failed to reach a close above a crucial long-term resistance area at $12,100. Instead, the price has created a bearish pattern and began a short-term downwar...
4 Aug 2020 2 minute read 14 comments 0xJonnyDee
On August 4, the ChainLink (LINK) price reached a new all-time high price of $9.75. While the upward move still looks strong in the long-term, there are numerous signs of short-term weakness present. LINK Blasts Off to New All-Time High The LINK pr...
3 Aug 2020 2 minute read 2 comments 0xJonnyDee
The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy. Bitcoin Fails to Close...
27 Jul 2020 2 minute read 4 comments 0xJonnyDee
During the week of July 20-27, the Bitcoin (BTC) price increased considerably, reaching a high of $10,170 and further solidifying its bullish trend. However, the price is currently trading inside a long-term resistance area, and a short-term pull...
