johntradingwick

johntradingwick

Updated 

Ontology has been falling freely since 7 June. The price has depreciated by 68%. It is moving below 9-day EMA which is a big problem. It is now moving into a critical zone, 0.786 Fibonacci level. This corresponds to 0.0003575 BTC. The RSI has been way too oversold for so long. It's just a matter of time when it reverses. It should rebound from the 0.786 level...

johntradingwick

Updated 

Tron has been moving inside the wedge for too long. It's about time it tries to breakout of it. The RSI was hovering in the oversold region and now has taken a sharp u-turn to comeback within the channel. RSI smoothed over EMA(9) has generated a Buy signal on the 4-H TF. EMA(26) is acting as resistance atm.(See below) The profit taking target can be...

johntradingwick

Updated 

Ethereum Classic moving in Ascending channel. Looking sweet to take in some long positions. I was about to post this last night, but got occupied in some important work. Since, then the price has appreciated by 6%. The Risk/Reward ratio for this trade is: 4.61, it it manages to test the resistance line again.! For those who don't know how to trade parallel...

johntradingwick

Updated 

EOS has been falling 6 June. The price has depreciated by 52%. At the moment, EOS has found support around 100k satoshi level and had a good rebound. EMA(9) smoothed over RSI has generated a Buy signal on 4-H TF. A look at the MACD: Currently, it is moving under EMA(26). Moving closely to EMA(12). The first profit taking target can be 0.236...

johntradingwick

Updated 

GNT is trying to breakout of the falling wedge. Notice that it is moving slightly under EMA(12). If it is able to break above it then we can expect some upwards movement. Alternatively, if it is unable to breakout of the wedge then it will fall down towards the bottom of the wedge to the next support region from where it will try again to move upwards. Please...

johntradingwick

Updated 

After touching the support line on 12 July, the price appreciated has by around 23%. It moved from 460-ish region to 500 region since last night after the pumping of BTC 1.23% . There are 2 noteworthy points and these are: 1. It broke out of the falling wedge and retested it successfully. 2. It broke out of the ATH 0.72% downtrend line(but haven’t tested...

johntradingwick

Just wanted to post this quick update so that you guysdon't miss this opportunity. Fallng wedge + Inverse Head & Shoulders spotted. Plus, EMAs are about to make a Bullish crossover. (I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.) P.S: This is not an investment advice. This is...

johntradingwick

Updated 

Here's a quick update on XLM-BTC. The price increased a lot after Coinbase listing news. As per me, It is now due correction. I didn't look at any other indicators except volume. There has been a clear decline in volume but the price has been increasing steadily. As per my knowledge and observations, An increasing price, together with declining volume, is...

johntradingwick

Updated 

Greetings fellas! Let's look into current situation of Bitcoin and try to get a glimpse of possible scenarios.! An inverse head and shoulder can be seen forming on the 2H, 4H, 1D chart. The target is around $7700. But it can only be reached if BTC is able to cross 6800 with good volume. Currently, 6.8K level holds the key to further movement. If we get rejected,...

johntradingwick

Updated 

Hello everyone, i am posting a quick update on Zilliqa. It broke out of the long downtrend line and is now gaining upward momentum. What does the indicators say? *RSI + EMA A clear buy opportunity. *WILLIAMS ALLIGATOR The lines are trying to come up in the exact order in which they should be in order to consider a buy signal. Since this is a lagging...

johntradingwick

Updated 

Hello everyone, welcome back to the 2nd part of the analysis. The first part is here: So, getting back to the point. Let us understand, what does the volume say. VOLUME The volume has been screaming on the top of the voice in support of the BEARS since the beginning of the June. As you can, there is a rise in price supported by a falling volume and a...

johntradingwick

Updated 

Friends and foes, welcome to this analysis of ETH-USD. I have analysed the daily chart of ETHEREUM, with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. So, without any further ado, let’s get started. Ethereum has been moving inside the symmetrical...

johntradingwick

Updated 

LTC has been moving inside the Descending triangle pattern since long and finally fell downwards. The first good resistance lies in the $112-$118 zone.(10% up or down maybe). Getting back to the current situation. The price is around $95. If the price falls back further to the upper level of the next possible support($85-70) and rebounds from there to the...

johntradingwick

Updated 

Friends and foes, welcome to this analysis of EOS-BTC. I have analysed the daily chart of EOS with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get...

johntradingwick

Friends and foes, welcome to this analysis of VEN-USD. I have analysed the daily chart of VeCHAIN with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get...

johntradingwick

Updated 

EOS had a good rebound from $12. Looking good in short term. It broke out of the downtrend line which was formed on 10 May. It must break out the old downtrend line (which it formed while falling from $23) to resume uptrend with full swing. Next Possible targets: $16-$17. Zoomed out version: P.S: This is not an investment advice, and i am just learning....

johntradingwick

TRON broke out from the downtrend line. New uptrend expected. See chart for all details. P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk. Those who wish to achieve greatness, never seek for permissions. They follow what their heart says, and do what their mind...

johntradingwick

Updated 

Welcome everyone, hope you all are doing well. I know last few days have been brutal. Like i said in my last post that the could happen either way - upward or downward, we witnessed that EOS fell down a bit too hard. It has fallen roughly 48% from ATH of $23, which it created 2 weeks ago. It fell in between 0.5 and 0.382 Fibonacci level where it got support at...