Category: Analysis

Bitcoin Cash Price Weekly Analysis BCH USD

Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Uphill Task No Comments

Key Points Bitcoin cash price recovered from the $301 low but faced a major hurdle against the US Dollar. There is a crucial bearish trend line with resistance at $475 forming on the 4-hours chart of BCH/USD (data feed from Kraken). The pair might continue to struggle to break the $450-475 resistance in the near term. Bitcoin cash price is recovering above $400 against the US Dollar....


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – Can BTC/USD Break This? No Comments

Key Points Bitcoin price has started a recovery from the $2965 low against the US Dollar and already moved above $3500. There is a monster bearish trend line with resistance near $3850 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair has to break the 43850-4000 resistance to gain momentum in the near term. Bitcoin price is recovering above $3500 against the US Doll...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Recovery Looks Real No Comments

Key Highlights ETH price after a major correction towards $199.75 found support against the US Dollar and started a recovery. There was a break above a major bearish trend line with resistance near $280.00 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade higher and could even trade towards $320-330. Ethereum price found support against the US...


Altcoin Analysis for 22-09-2017: LTC, DASH, XEM, IOTA and XMR No Comments

LTCUSD TECHNICAL ANALYSIS LTCUSD topped on 02.09.2017 with very strong price rejection at 93.00. This was consequently confirmed by stochastics when a sell signal was printed. Further weakness was expected after the formation of that double bar reversal candlestick and bear engulfing pattern. With this breakdown, the first major support was broken on 14.09.2017 at 57.00.  Price retested this l...


Bitcoin Price Watch; Trading The Crossover No Comments

The European session is about to draw to a close and, with it, our European efforts in the bitcoin price for the week. As we noted this morning, it has been a pretty wild week as far as volatility is concerned. Price served up plenty of entry opportunities, especially towards the end of the, and we were able to take advantage of a number of shifts in capitalization both during the European and US ...


Bitcoin Price Watch; Profiting Into The Close Of The Week No Comments

So that is another week pretty much done in our bitcoin price trading efforts and it has been a pretty volatile one. When price started to appreciate early on in the week, it looked as though we might be in for a longer-term recovery in the space. However, as the week matured, news out of China continued to put down side pressure on price and bitcoin hasn't really been able to recover overnight on...


dashusd

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

Hello and welcome to News BTC’s Market Outlook September 22. DASH/USD DASH rallied a bit during the day on Thursday, as crypto currencies in general are fairly quiet. In fact, out of the crypto currencies that I follow, DASH was the strongest performer. Because of this, I think that we continue to see buyers on dips, and it could lead the way for other crypto currencies to go higher. A ...


ethusd

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

Hello and welcome to News BTC’s Market Outlook September 22. ETH/USD Ethereum continues to grind sideways overall as crypto currencies have been quiet lately. This makes a lot of sense though, because quite frankly the shakeup in the crypto currency markets demand that stability comes back. That’s exactly what we are seeing, so I think it’s only a matter of time before the buyers ...


btcusd

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

Hello and welcome to News BTC’s Market Outlook September 22. BTC/USD Bitcoin went sideways again during the session on Thursday, as we continue to see the $4000 level offer a bit of noise. Ultimately, I believe that eventually the markets will continue to go higher, as we have been in an uptrend for some time, I think that we may be trying to build up a base first. This makes a lot of...


Ethereum Classic Price Technical Analysis ETC USD

Ethereum Classic Price Technical Analysis – ETC/USD Bearish No Comments

Key Highlights Ethereum classic price declined further and even tested the $10.00 level against the US Dollar. There is a new contracting triangle pattern forming with resistance at $11.00 on the hourly chart of ETC/USD (Data feed via Kraken). The pair might correct a few points in the near term, but upsides remain capped by $11.00-11.50. Ethereum classic price started a new bearish ...


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