Author: Christopher Lewis

ethusd

ETH/USD and ETH/BTC Technical Analysis November 22 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to grind to the upside, reaching the $380 level during the day on Tuesday. This market continues to find buyers near the 20 SMA on the 4 hour chart, suggesting that there should be dynamic support near the $355 level, and the pullbacks offer buying opportunities that we can take advantage of. A bre...


dashusd

DASH/USD and LTC/USD Technical Analysis November 22 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to rocket to the upside, as we have fulfilled the move by Headley now several days ago. By breaking the top of the descending triangle, we have now reached the top of that triangle, and even broke above it. The $500 level of course is offering a significant amount of psychological resistance, so I pre...


btcusd

BTC/USD and BTC/JPY Technical Analysis November 22 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin remains volatile, as we have cleared the 8200 level now. It looks as if we are going to continue to find a “buy on the dips” mentality, and therefore selling is all but impossible to do at this point, as Bitcoin seems hell-bent on going to the $10,000 level. Overall, there should be a “hard floor” at ...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 21 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum broke through the $350 level over the weekend, and has since come back to retest that area several times. $350 is now looking to offer support, and therefore I think that we are ready to go back towards the $375 level over the short term. Expect massive support below at the $340 level as well. ETH/BTC ...


dashusd

DASH/USD and LTC/USD Technical Analysis November 21 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH went sideways during most of the session on Monday, but the weekend was good for the crypto currency space in general. Because of this, we have used $400 as a springboard, and it looks likely that we will continue to go higher. The next move will be to the $480 level, followed very quickly by the $500 in my est...


btcusd

BTC/USD and BTC/JPY Technical Analysis November 21 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin rallied on Monday again, breaking well above the $8000 level, and came very close to touching $8200 in early trading. The market is overextended, but we have a significant amount of support extending down to the $7500 level, so it’s very likely that buyers will continue to jump into the market on short-term pul...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to run to the upside during the trading session on Wednesday, but the $340 level looks to be offering a bit of resistance. Because of this, I think a pullback might be necessary, but that pullbacks should only offer a fresh buying opportunity. I believe that the $312 level will now offer a bit of a “...


dashusd

DASH/USD and LTC/USD Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to chop around, as Wednesday was more of the same action. However, looks as if we are trying to form some type of asymmetrical triangle on the 4-hour chart, and with the recent search higher I would have to believe that we will more than likely have buyers trying to break out to the upside. A clearanc...


btcusd

BTC/USD and BTC/JPY Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin exploded to the upside yet again on Wednesday, slicing through the $7000 level. However, there is a lot of noise extending to the $7600 level, and it does look like we are getting a bit overbought on the 4-hour chart. With the stochastics crossing in the overbought zone, I suspect that it’s only a matter of tim...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to chop around in a slow upward grind against the US dollar, as we have found the $330 level to cause a bit of trouble. However, I think we will continue to see buyers underneath so it’s likely that the market continues to rally from here, perhaps offering an opportunity to get involved to the upside ...


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