30-05-2017
06:22 am
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Author: Christopher Lewis

DASH/USD and LTC/USD Technical Analysis May 30, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 30. DASH/USD DASH in a positive session on Monday, initially reaching all the way towards the $119 level, but gave back some of the gains. Nonetheless, it is obvious that we are fighting our way to the upside, and it appears that the $104 level is starting to offer significant support. Because of this, if you can handle the volatility,...


ETH/USD and ETH/BTC Technical Analysis May 30, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 30. ETH/USD Ethereum initially fell on Monday, but found enough buyers near the $155 level to turn things around and go looking towards the $170 level. On a break above the $172 level, it looks as if the market will be free to go looking towards $200 again. We are obviously in an uptrend, so shorting is all but impossible. ETH/BTC ...


BTC/USD and BTC/JPY Technical Analysis May 30, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 30. BTC/USD Bitcoin rallied against the US dollar on Monday, using the $2100 level as support. However, the $2300 level is also offering significant resistance. Overall bias of course is to the upside, so short-term dips will continue to attract buying. A break above the $2300 level should free this market to go looking towards the $25...


DASH/USD and LTC/USD Technical Analysis May 29, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 29. DASH/USD DASH continues to see quite a bit of volatility, as we bounced off of the $116 level. The markets continue to find buyers on dips as it offers value, and now looks as if the market is ready to continue to try and reach the higher levels. The market continues to show extreme amounts of choppiness, but given enough time it l...


ETH/USD and ETH/BTC Technical Analysis May 29, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 29. ETH/USD Ethereum rally during the Friday session, as we continue to reach towards the 200 level. Pullbacks continue to be buying opportunities, as the market has shown a proclivity to pick up value on pullbacks. The market is a bit overbought though, so pullbacks are necessary in order to feel comfortable about going long yet again...


BTC/USD and BTC/JPY Technical Analysis May 29, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 29. BTC/USD Bitcoin rallied against the US dollar again during Friday trading, as we continue to reach towards the $2700 level again. Short-term pullbacks continue to be buying opportunities as we have seen a massive amount of bullish pressure. Ultimately, this market is a bit overbought so expect at the very least consolidation, if no...


DASH/USD and LTC/USD Technical Analysis May 26, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 26. DASH/USD DASH continues to bullish overall, but had a negative session during the day on Thursday. Ultimately, we are in an uptrend but we are a little bit overbought currently. Looking for some type of support of bounce is probably the best way to go in this market. Short-term pullbacks should offer value the traders continue to t...


ETH/USD and ETH/BTC Technical Analysis May 26, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 26. ETH/USD Ethereum continues to skyrocket against the US dollar, breaking the $200 level. However, although this is a very bullish sign if you are not already long of this market, you are best served to wait for some type of pull back. This is because when we do get a pullback, it will be brutal as parabolic markets tend selloff rath...


BTC/USD and BTC/JPY Technical Analysis May 26, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 26. BTC/USD Bitcoin continues to march higher against the US dollar, as we have now broken the $2700 level. This market is the very definition of a parabolic market though, so buying up at this high level is going to be extraordinarily dangerous. If you are not long of Bitcoin already, you simply must wait for a pullback to pick up the...


DASH/USD and LTC/USD Technical Analysis May 25, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 25. DASH/USD DASH continues to show real strength in a market that gapped higher at the open on Wednesday, and has now broken above towards the $150 level. The market is starting to run away, but at this point I think chasing the trade is not the thing to do. If you are not already involved in this market, you’re in a situation where...


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