Category: Analysis

Bitcoin Price Breakout; Can Upside Momentum Hold. Newsbtc Bitcoin news.

Bitcoin Price Play; Intrarange On Today No Comments

Trying to figure out which way the bitcoin price is heading has been a tough task as late. There’s been no real overarching directional bias – the bitcoin price has ranged consistently with the exception of a few sharp breakouts. As such, we’ve been implementing our intraday breakout strategy in combination with predefined risk levels in order to try and draw a profit from the spikes. This h...


Litecoin price. Decisively indescisive market trends. newsbtc litecoin news

Litecoin Price Technical Analysis for 17/11/2015 – Buyers Take a Stand No Comments

Key Highlights The Litecoin price climbed higher and broke an important resistance on the 4-hours chart (data feed from Bitfinex). The price is currently trading with a bullish tone, and it looks set for more gains in the near term. If buyers manage to clear the previous pivot area of $3.40, then a move towards $3.60 is possible. Litecoin price enjoyed a decent ride, as buyers appeared ...


Dogecoin Price Technical Analysis. Key Levels. Newsbtc Dogecoin News

Dogecoin Price Technical Analysis for 17/11/2015 – 36-38.0 Satoshis Holds Key No Comments

Key Highlights The Dogecoin price forming an interesting structure on the hourly chart with support around 36-38.0 Satoshis. If the price breaks the highlighted bullish trend line and support area, a decline towards 32.0 Satoshis is possible. Our yesterday’s highlighted bearish trend line on the 30-mins chart (price feed from CEX.IO) is still in play and acting as a resistance. Dogeco...


ethereum price. bulls are back. newsbtc ethereum news

Ethereum Price Technical Analysis for 17/11/2015 – Bulls Waiting to Charge No Comments

Ethereum Price Key Highlights Ethereum price retreated from its recent rally upon hitting a high of 0.00294 but might be ready to resume its climb soon. Price has pulled back to the moving averages, which might hold as dynamic support areas, and could gather more bullish momentum. Ethereum price is taking a break from its uptrend but might be due to head north again, if the near-term infl...


Bitcoin Price Breaks Highs. newsbtc bitcoin news

Bitcoin Price Technical Analysis for 17/11/2015 – Bears Ready for More? 1 Comment

Bitcoin Price Key Highlights Bitcoin price made a strong bounce earlier but it appears to be part of a short-term correction to an area of interest. Price previously broke below a symmetrical triangle consolidation pattern and is now pulling back to the broken support. Bitcoin price might be ready to resume its selloff if the area of interest near the 38.2% Fibonacci retracement level hol...


bitcoin price asian session b flat newsbtc bitcoin news

Bitcoin Price Flat; Asian Session Action? No Comments

So earlier this morning we published our twice daily bitcoin price watch piece. In the article we noted that – as a result of all the volatility we have seen over the last few weeks – we would look to implement our breakout strategy on any break of our predefined key levels. Action has now matured throughout the day, and as we head into tonight and the Asian session, what are the levels we are...


Bitcoin Price Watch; Here's what we're looking at.

Bitcoin Price Watch; Here’s What We’re Watching No Comments

Once again, we enter a fresh weeks’ trading in the bitcoin market. Its been a strange few weeks, and with all the volatility we have experienced, it would be easy to say lets just sit out of today’s action and wait until things settle down a bit. No fun in that, however. Volatility brings breakouts, and breakouts bring us entry signals. It might be getting difficult to form a directional bias,...


bitcoin, fiat, US Dollar

It is the US Dollar, Not Bitcoin, That Is Mostly Used In Money Laundering!! 1 Comment

Even though retail bank fanatics and policy makers always blame the anonymity of bitcoin and claim that it is why bitcoin can be used in money laundering, the fact is that Fiat cash is the ultimate form of anonymous currency. Researchers have proven recently that the US $100 bill is the most commonly used currency for laundering the revenue of illicit activities. Professor Edgar Feige believes ...


Litecoin Price Technical Analysis - perfect bearish break. newsbtc litecoin price news

Litecoin Price Technical Analysis for 16/11/2015 – Perfect Bearish Break No Comments

Key Highlights The Litecoin price declined recently and broke an important triangle pattern formed on the hourly chart (data feed from Bitfinex). The price also settled below the 100 hourly simple moving average (MA), which is a bearish sign. The broken support area at $3.20-30 may now act as a resistance for buyers moving ahead. Litecoin price broke a critical support area to ignite a ...


Dogecoin Price Technical Analysis - Dangerously Near Range Support. newsbtc altcoin news

Dogecoin Price Technical Analysis for 16/11/2015 – Risk of Further Losses No Comments

Key Highlights The Dogecoin price is finding it hard to get a reason for a move higher, as it remained under the bearish pressure. There is a bearish trend line formed on the 30-mins chart (price feed from CEX.IO), suggesting a downside move. There is a possible false spike higher noted on the hourly chart of the price feed provided by HitBTC. Dogecoin price remains at a risk of further...


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