28-05-2017
06:37 am
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Author: Aayush Jindal

Aayush has spent over seven years as a financial markets contributor and observer. He specializes in market strategies and technical analysis, comes with an IT background. He possess strong technical analytical skills and is well known for his entertaining and informative analysis of the currency and commodities markets. He is a software engineer by profession, loves blogging and observing financial markets.
Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Holding Crucial Supports No Comments

Key Points Bitcoin price corrected sharply after trading towards $2650 against the US Dollar, but remains supported on the downside. The last week’s highlighted important bullish trend lines with support at $1940 and $1800 on the 4-hours chart of BTC/USD (data feed from SimpleFX) are holding well. As long as the price is above these trend lines and $1800, it is likely to move back abo...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Uptrend Remains Intact No Comments

Key Highlights ETH price fell sharply yesterday and moved down from $203 to $100 against the US Dollar. During the downside move, the ETH/USD pair broke a major bullish trend line with support at $164 on the 4-hours chart (data feed via SimpleFX). The pair recovered sharply after testing the $100 handle, which is an important support. Ethereum price corrected in a scary fashion again...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Broke Uptrend No Comments

Key Highlights There was a sharp downside move in ETH price below the $188 support against the US Dollar. There were two bullish trend lines with support at $178 on the hourly chart (ETH/USD, data feed via SimpleFX), which were broken. The price traded towards $140 before starting a recovery above $150. Ethereum price may have made a short-term top against the US Dollar and Bitcoin, ...


Creditbit Price Technical Analysis

Creditbit Price Technical Analysis – CRBIT/BTC Sellers in Control No Comments

Key Highlights Creditbit price decline extended, as it fell below 0.00030BTC against the Bitcoin. There is a descending channel pattern formed with resistance at 0.00028BTC on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, the 0.00020BTC level is a major support going forward, and must hold losses. Creditbit price was under pressure due to rise in Bitco...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Break Higher No Comments

Key Highlights It looks like ETH price is facing a major hurdle near $191.70 against the US Dollar, but may break it soon. There is a solid bullish trend line with support at $182 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price about to break the $192 resistance for further gains towards/above $200. Ethereum price is gaining momentum against the US Dollar and ...


Dash Price Technical Analysis

Dash Price Technical Analysis – DASH/USD May Correct Further No Comments

Key Highlights Dash price after testing $150 against the US Dollar found resistance and started a downside move. The DASH/USD pair is currently correcting lower, and broke a bullish trend line at $140 on the hourly chart (data feed from Poloniex). There is a chance of an extended correction towards the $125 level if sellers remain action. Dash price (DigitalCash) after a nasty surge ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend No Comments

Key Highlights After a minor decline towards $135, ETH price formed support against the US Dollar and moved higher. There was a break above a bearish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently following an ascending channel pattern and looks set for a move above $170. Ethereum price formed a base after yesterday’s dip against th...


Creditbit Price Technical Analysis

Creditbit Price Technical Analysis – CRBIT/BTC Declines Further No Comments

Key Highlights Creditbit price failed to gain momentum and declined towards 0.00030BTC against the Bitcoin. There is a major bearish trend line with resistance at 0.00035BTC formed on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, the 0.00030BTC support may play a major role for a recovery in the near term. Creditbit price declined further against the U...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Correction Underway No Comments

Key Highlights There were further gains in ETH price, as it moved above the $175 level against the US Dollar before starting a correction. There was a break below a bullish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently below the $158 resistance, and may extend the correction. Ethereum price overcame sellers against the US Dollar and ...


Dash Price Technical Analysis

Dash Price Technical Analysis – DASH/USD Breaks Key Levels No Comments

Key Highlights Dash price surged and settled above a major resistance at $100 against the US Dollar. There was a break above a major bearish trend line at $98 on the hourly chart of DASH/USD (data feed from Poloniex), igniting upside move. The price is currently correcting lower after trading as high as $136, and remains supported. Dash price (DigitalCash) gained heavy bids against t...


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