25-05-2017
06:42 am
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Category: Analysis

DASH/USD and LTC/USD Technical Analysis May 25, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 25. DASH/USD DASH continues to show real strength in a market that gapped higher at the open on Wednesday, and has now broken above towards the $150 level. The market is starting to run away, but at this point I think chasing the trade is not the thing to do. If you are not already involved in this market, you’re in a situation where...


ETH/USD and ETH/BTC Technical Analysis May 25, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 25. ETH/USD Ethereum has broken higher during the session on Wednesday, making a fresh, new high and more importantly: breaking above the top of the shooting star from the Monday session. That’s a very bullish sign and it now looks as if we are heading towards the $200 level, and possibly beyond. Pullbacks should be buying opportunit...


BTC/USD and BTC/JPY Technical Analysis May 25, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 25. BTC/USD Bitcoin rally during the day again on Wednesday, as we have broken towards the 2400 level. A pullback from here should continue to see buyers, and therefore a “buy on the dips” situation remains, and it now looks as if the market may be aiming for the $2500 level. We are overbought by just about any metric you can measu...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Break Higher No Comments

Key Highlights It looks like ETH price is facing a major hurdle near $191.70 against the US Dollar, but may break it soon. There is a solid bullish trend line with support at $182 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price about to break the $192 resistance for further gains towards/above $200. Ethereum price is gaining momentum against the US Dollar and ...


Bitcoin Price Technical Analysis for 05/25/2017 – Blew Past $2500, Aiming for $3000? No Comments

Bitcoin Price Key Highlights Bitcoin price has set yet another record high by surging past the $2500 handle on industry developments. BTCUSD broke past a short-term ascending channel formation, indicating that a steeper climb is underway. Technical indicators are giving mixed signals on the 15-minute chart so there's still a chance for a pullback. Bitcoin price blew past the $2500 ba...


Dash Price Technical Analysis

Dash Price Technical Analysis – DASH/USD May Correct Further No Comments

Key Highlights Dash price after testing $150 against the US Dollar found resistance and started a downside move. The DASH/USD pair is currently correcting lower, and broke a bullish trend line at $140 on the hourly chart (data feed from Poloniex). There is a chance of an extended correction towards the $125 level if sellers remain action. Dash price (DigitalCash) after a nasty surge ...


Bitcoin Price Watch; Tonight’s Key Levels No Comments

We are coming to the close of the European session, and the US afternoon is well underway. In this morning's bitcoin price analysis, we noted that action over the last few days implied plenty of further upside potential, and we set up against price with a relatively wide range accordingly. Our primary target was a breakout to the upside on a break of resistance, and an entry subsequent to the bre...


Bitcoin Price Watch; Here’s What We’re Going For This Morning No Comments

Alright then. It is time to get things kicked off for our first middle of the week bitcoin price analysis ahead of the start of the European session this morning. We keep saying it, but once again we have had some pretty noteworthy action overnight. The bitcoin price has literally made fresh highs daily for the past week or so, and as things stand, it doesn’t look like this is going to change an...


DASH/USD and LTC/USD Technical Analysis May 24, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 24. DASH/USD DASH continues to look very bullish as the Tuesday session was very kind. The market reached towards the 135 level, and it looks as if we are ready to go much higher. Pullbacks continue to be buying opportunities, but quite frankly if you aren’t nimble and not paying attention, it would be very easy to miss that opportun...


ETH/USD and ETH/BTC Technical Analysis May 24, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook May 24. ETH/USD Ethereum had a choppy session on Tuesday, as the $150 level is offering support. The $165 level above has offered resistance, after forming a very massive shooting star during the Monday session. Ultimately, a pullback from here should be a buying opportunity, and we very well could get that move due to the fact that the ma...


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