21-07-2017
04:15 pm
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Category: Analysis

Bitcoin Price Watch; A Strong Close To The Week No Comments

So that's the week pretty much done in our bitcoin price trading efforts and it's been a pretty strong one. We've seen the bitcoin price gain a considerable amount of strength across the week, with initial starting levels of in and around 2200 now very much in the rear view mirror. The hope is that we can get a continuation of this sort action as price matures throughout the late US session this e...


Bitcoin Price Watch; Looking Strong Into The Week No Comments

Things are really starting to heat up now in the bitcoin price space. There's been plenty to talk about throughout the week so far, with a lot of it being negative. Price started out relatively negative throughout the early part of the week and this left us thinking that we might be in for a pretty soft week. As it turns out, we got the exact opposite of our expectations. Price traded flat for a v...


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

Hello and welcome to News BTC’s Market Outlook July 21. DASH/USD DASH continue to find buyers during the session on Thursday, breaking above the shooting star from Wednesday, and clearing the vital $170 handle. Because of this, looks as if we are going to continue to grind higher, and short-term pullback should offer buying value in a very strong uptrend. We could very well see the $22...


ETH/USD and ETH/BTC Technical Analysis July 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 21. ETH/USD Ethereum rallied against the US dollar during the session on Thursday, testing the $240 level. I believe that we need to close on a daily chart above the $250 level to start buying again, as I would show significant support. In the meantime, I anticipate that we will probably grind sideways overall, as we are trying to for...


BTC/USD and BTC/JPY Technical Analysis July 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 21. BTC/USD Bitcoin rallied against the US dollar, slicing through the vital $2400 level. As I predicted yesterday, the $2600 level would be targeted. That’s where we find ourselves during recording, and I believe that if the market can continue higher, the next target will be 2800. Until then, I remain very bullish of this market o...


Ethereum Classic Price Technical Analysis ETC USD

Ethereum Classic Price Technical Analysis – ETC/USD Poised for Break No Comments

Key Highlights Ethereum classic price is holding gains nicely above $15.00 against the US Dollar and looking for more gains. There is an ascending channel pattern with resistance near $17.10 forming on the hourly chart of ETC/USD (Data feed via Kraken). The price is currently trading near a major resistance area at $16.50 and looking for a break. Ethereum classic price is trading wit...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Aiming Higher No Comments

Key Highlights ETH price traded with a positive tone above $210 against the US Dollar and remains well supported. There is a new connecting bullish trend line with support at $210 forming on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above a bearish trend line at $232 is needed for more gains. Ethereum price is gaining momentum against the US Dollar ...


MobileGo Price Technical Analysis for 07/21/2017 – Another Mixed Round No Comments

MobileGo had another mixed run as its counterparts bitcoin, ethereum, and the dollar chalked up a lot of action due to specific market factors. MobileGo vs. Bitcoin MobileGo resumed its drop against bitcoin as the latter got a strong boost by reports of BIP 91 being locked in. This paves the way for an upgrade to SegWit2x although there's still quite a bit of grace period left before the changes...


Bitcoin Price Technical Analysis for 07/21/2017 – Back to Record Highs! No Comments

Bitcoin Price Key Highlights Bitcoin price recently staged a strong break past the descending channel formation. Price has surged close to its all-time highs and is showing enough bullish momentum to go for new ones. Applying the Fibonacci retracement tool on the latest swing low and high shows potential correction levels. Bitcoin price made a strong rally to its record highs, and mo...


Creditbit Price Technical Analysis CRB BTC

Creditbit Price Technical Analysis – CRB/BTC Struggle Continues No Comments

Key Highlights Creditbit price declined below the 0.00018BTC support against the Bitcoin and remained under pressure. There are two bearish trend lines formed with resistance near 0.00018BTC on the 7-day chart of CRB/BTC (data feed from Coinmarketcap). On the downside, the price may continue to move lower and test the 0.00015BTC support. Creditbit price faced further selling pressure...


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