21-02-2017
07:31 am
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Category: Analysis

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Just Broke Support? No Comments

Key Highlights ETH price made a downside move and broke a short-term support area at $12.40 against the US Dollar. The range support trend line at $12.54 was also broken on the hourly chart of ETH/USD (data feed via SimpleFX). The pair traded as low as $12.07 where it found support and recovered sharply. Ethereum price made a downside move below $12.40 against the US Dollar, but late...


Bitcoin Price Technical Analysis for 02/21/2017 – Buyers Gaining Confidence No Comments

Bitcoin Price Key Highlights Bitcoin price is back on its bullish track, moving inside an ascending channel visible on its 1-hour and 4-hour charts. Price just bounced off support and is setting its sights back on resistance. Technical indicators are giving mixed signals at the moment, but it looks like bitcoin price could be able to climb to the top of the channel. Bitcoin price is ...


Bitcoin Price Watch; Here’s What’s In Play This Evening No Comments

So that's another day completed, and in all honesty, it's not been a great one for either the bitcoin price or our intraday strategy. It's not that we've been chopped out, or that price has collapsed, or anything like that. It's just been pretty dull. Price has remained relatively flat throughout the whole day, and we haven’t really seen any volatility, volume and – by proxy – momentum...


Bitcoin Price Watch; Here’s To A Profitable Week… No Comments

Well here we go, a fresh European session and, with it, a fresh week in the bitcoin price. Our intraday strategy was a little bit up and down last week, as price chopped in and out of periods of volatility. The week started off pretty flat, but then things picked up as the days went by, and we managed to close out on a pretty decent note. With any luck, as things play out going forward, we will...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Persistent Range No Comments

Key Highlights ETH price remained lifeless and was seen trading in a range above $12.50 against the US Dollar. There is a clear bearish trend line with resistance near $12.75-12.80 formed on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, the pair remains supported near $12.40, which is the range lower end. Ethereum price was seen trading in a range with resist...


Bitcoin Price Technical Analysis for 02/20/2017 – Waiting for More Bulls No Comments

Bitcoin Price Key Highlights Bitcoin price recently broke past the resistance at $1000, signaling that it's ready to resume its climb. Price is pulling back to this area of interest, at which plenty of buy orders might be located. Technical indicators are also signaling that more gains are in the cards. Bitcoin price seems to be regaining its ground as it traded back above $1000 and ...


Bitcoin Price Weekly Analysis BTC/USD

Bitcoin Price Weekly Analysis – BTC/USD Remains a Buy No Comments

Key Points Bitcoin price slowly and steadily moved above the $1000 resistance against the US Dollar. There is a nice bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which may act as a support near $1020. The price is also above the 100 simple moving average (H4), which is a major support at $1023. Bitcoin price gained bids against the US Dollar to...


Ethereum Price Weekly Analysis

Ethereum Price Weekly Analysis – ETH/USD Eyeing Support No Comments

Key Highlights ETH price was seen gaining pace this past week and traded towards the $13.20 level against the US Dollar. There are two bullish trend lines formed on the daily chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside near $12.00. On the upside, the $13.20 high is a resistance area just above the $13.00 handle. Ethereum price remains in an u...


Bitcoin Price Watch; That’s A Wrap! No Comments

So there it goes, another week down, and what an interesting week it's been. Well, interesting maybe isn’t the right word. Perhaps frustrating is a little more apt as a description. The bitcoin price was basically flat for a few days at the beginning of the week, and we started to think that maybe there was a long stretch of sub-1000 action ahead of us. Price didn’t look like it was going to b...


Bitcoin Price Watch; Back On Track For Strength No Comments

Well, here we go – another week pretty much done and just a single session left before we close out for the weekend. It's been a bit of a strange one. The bitcoin price started out pretty much flat on the week, trading below the 1000 threshold that we waited so long for it to break towards the end of last year. Many claimed that the run through to 1300 seen in January was a bit of a fluke run, a...


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