29-03-2017
06:38 pm
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Category: Analysis

Bitcoin Price Watch; Breakout And Intrarange On Tonight No Comments

There's another day done out of Europe, and it's not been particularly noteworthy. There's a good chance now that we are going to see some degree of extended consolidation phase over the next few days. This flies in the face of what we outlined this morning – at that point we were coming off the back of a period of sustained volatility and it looked as though this volatility might carry through ...


Bitcoin Price Watch; Volatility Abound! No Comments

Well we asked for erratic action, and we've got some. Price overnight was up and down like a see-saw, breaking in and out of our predefined range and giving us plenty of opportunity to get in and out of the markets on the breaks. We didn’t bring our intrarange strategy to the table last night, and that's probably a good thing, because chances are we would have gotten chopped out if we'd attempte...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Breaks Past Resistance No Comments

Key Highlights ETH price after finding strong bids near $47.50 against the US Dollar started a recovery. Yesterday’s highlighted bearish trend line with resistance at $49.80 was broken on the hourly chart (ETH/USD, data feed via SimpleFX). On the upside, the price is now approaching the last swing high of $53.70. Ethereum price found support at $47.50 against the US Dollar, and now...


Dash Price Technical Analysis DigitalCash

Dash Price Technical Analysis – DASH/USD Holding Downtrend Resistance No Comments

Key Highlights Dash price corrected a few points higher towards $90 against the US Dollar, but found resistance. Yesterday’s highlighted resistance trend line at $90 on the hourly chart of DASH/USD (data feed from Poloniex) is holding gains at the moment. The price might move down once again as long as the $90 resistance is intact. Dash price (DigitalCash) remains under pressure ag...


Bitcoin Price Technical Analysis for 03/29/2017 – Selloff Signals Lining Up No Comments

Bitcoin Price Key Highlights Bitcoin price bounced off the resistance on the descending channel pointed out in an earlier article. Bears look ready to get back in the game and push bitcoin price back to the channel support. Technical indicators are all lining up for another likely selloff. Bitcoin price was rejected at the channel resistance around $1050 and is now setting its sights...


Bitcoin Price Watch; A Profitable Evening’s Trading No Comments

That's another day complete in the bitcoin price, and it's been a pretty interesting one. In our coverage this morning, we noted that we were looking for any indication of an upside run as long term bullish, and that any such run would fall in line with what we saw overnight. Well, we didn’t quite get what we'd hoped for, but it wasn’t all bad either. Price basically ran up and down intrara...


Bitcoin Price Watch; Upside Run! No Comments

Ok, let's get to it. Here goes another day of trading in the bitcoin price, and with any luck, we'll see a continuation of the current market's underlying trend – that is, and upside run. We first saw the signs of price bottoming out during the early session out of Europe yesterday, and then things settled down post run around midday. Our expectations were that – given the sideways action saw,...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Trend Change? No Comments

Key Highlights ETH price struggled and breached the $49.80 support area against the US Dollar. Yesterday’s highlighted bullish trend line with support at $49.90 was broken on the hourly chart (ETH/USD, data feed via SimpleFX). On the upside, the connecting bearish trend line is acting as a strong resistance near $49.80. Ethereum price moved down below $49.80 against the US Dollar, ...


Dash Price Technical Analysis DigitalCash

Dash Price Technical Analysis – DASH/USD Extends Decline No Comments

Key Highlights Dash price moved further lower and broke the $90 support against the US Dollar. Yesterday’s highlighted descending channel pattern with support at $90 on the hourly chart of DASH/USD (data feed from Poloniex) was broken. The broken support at $90 might now act as a resistance if the price moves higher. Dash price (DigitalCash) is under bearish pressure against the US...


Bitcoin Price Technical Analysis for 03/28/2017 – Bulls in Recovery Mode? No Comments

Bitcoin Price Key Highlights Bitcoin price is slowly trending higher on the short-term time frames, moving inside an ascending channel on its 15-minute chart. Price is about to test a falling channel resistance on its longer-term chart, and this coincides with the 15-minute channel top. Technical indicators are showing that the uptrend could continue but that a pullback is due. Bitco...


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