22-06-2017
11:02 am
=

Category: Analysis

Bitcoin Price Watch; Here’s What We’re Looking At This Morning No Comments

Breakout trades are the name of the game with our intraday strategy in the bitcoin price at the moment, and – as the European session just kicked off for the day – we are watching an ideal one play out. Price broke through our key levels on a couple of occasions last night, offering us the opportunity to get in and out of the markets according to the rules of our strategy for a nice quick turn...


DASH/USD and LTC/USD Technical Analysis June 22, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 22. DASH/USD DASH fell initially during the day on Wednesday, but found enough support underneath that the $180 level to turn things around and form a bullish candle. It looks as if we are trying to find the $200 level, and then eventually break above it. Once we do, the market will be free to go much higher. Pullbacks continue to be ...


ETH/USD and ETH/BTC Technical Analysis June 22, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 22. ETH/USD The Etherium market fell during the day on Wednesday, breaking towards the $300 level. I believe that is an area that offers significant support, so I believe as long as we can find buyers in that area, this market should continue to go even higher. Below there, I think there is support all the way down to at least the $26...


BTC/USD and BTC/JPY Technical Analysis June 22, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 22. BTC/USD The Bitcoin market tried to rally initially during the day on Wednesday, but found enough resistance at the 2800 level to turn things around and go fishing towards the 2600 level. I think there is a significant amount of support underneath, and as a result I think that the buyers will continue to pick up value on drop in p...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Break Down Real? No Comments

Key Highlights The ETH price short-term bearish bias got traction as it moved below the $335 support against the US Dollar. This week’s important contracting triangle pattern with support at $330-335 on the hourly chart of ETH/USD (data feed via SimpleFX) was clearly broken. The pair is currently correcting higher but may face sellers near 100 hourly simple moving average and $335. ...


Bitcoin Price Technical Analysis for 06/22/2017 – Short-Term Pullback? No Comments

Bitcoin Price Key Highlights Bitcoin price recently bounced off resistance near the $2800 mark and may be pulling back from a short-term climb. Price is moving inside a small ascending channel visible on the 1-hour time frame and could test support soon. Technical indicators suggest that the correction could be in play for some time but that the overall uptrend could stay intact. Bit...


Dash Price Technical Analysis

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

Key Highlights Dash price struggled once again to break a major resistance near $200 versus the US Dollar. There was a break below a crucial bullish trend line with support at $185 on the hourly chart of DASH/USD (data feed from Poloniex). The price is now below the 100 simple moving average, which may now act as a resistance near $190. Dash price (DigitalCash) is struggling to break...


Bitcoin Price Watch; Covering All The Bases. No Comments

Just as we call the end of the long-term correction in the bitcoin price, things take a turn to the downside once again. Just our luck. Price ran up this morning subsequent to our initial coverage, reaching intraday highs in and around the 2750 mark. From this point, however, price turned around and has since dipped (throughout the European afternoon) to just-hit lows at 2703. We ideally want t...


Bitcoin Price Watch; Things Are Hotting Up! No Comments

Things are starting to get interesting again in the bitcoin price. After what turned out to be a pretty heavy correction, we had a pretty solid bounce at the start of this week, and this bounce now looks to have turned into a full-blown recovery. The correction has been on our minds for quite some time now, with financial assets generally unable to avoid some degree of a downturn on the back of an...


DASH/USD and LTC/USD Technical Analysis June 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 21. DASH/USD DASH fell slightly on the open for the Tuesday trading session, and then bounced towards the $200 level again. The $200 level continues to offer a significant amount of resistance though, so look to buy on dips as we are not quite ready to break out to the upside yet. LTC/USD LiteCoin struggled a bit during the ...


SUBSCRIBE TO OUR NEWSLETTER