Category: Analysis

Bitcoin Price Gains Again; Hold on Tight! No Comments

Shortly before the markets closed in Europe yesterday afternoon, we published our twice-daily bitcoin price watch analysis piece. In the piece, we highlighted the action we had seen throughout the day in the bitcoin price, and suggested a couple of the key levels we would be keeping an eye on as we headed into the US afternoon and beyond. Now, action has matured overnight, and we have seen some co...


dash price downside acceleration

Dash Price Technical Analysis – Downside Acceleration No Comments

Key Highlights Dash price breached an important support trend line to trade lower. If sellers gain momentum, a downside acceleration is likely in the near term. Buyers look weak and if they lose control, the possibility of a move towards 0.0120BTC might increase. Dash price finally broke a bullish trend line, which we followed for the last few days, and currently looks set for more loss...


Dogecoin

Dogecoin Price Continues to Consolidate, Support near 100 MA No Comments

Key Highlights Dogecoin price continued to move inside a small range, as the market awaits a short-term break. On the topside, 71.0 Satoshis remains a major hurdle for buyers. Any weakness from the current levels might see buyers around the 100 hourly simple moving average. Dogecoin price was relatively muted, as there was really no action and movement during the past couple of sessions...


Gavin Andresen: Bitcoin is Suffering from Analysis Paralysis

Bitcoin Price Technical Analysis for 9/6/2015 – Finally, a Breakout! No Comments

Bitcoin price rose more than 2% to break out of the narrow trading range which started in early June. Surprised by a sudden rally, short-sellers booked their losses which further fueled the rally past the crucial resistance level of $227. This advance has completely changed the scenario, which had been bearish for some time. Bitcoin now trades at $227.55, and dips can be used to accumulate the ...


bitcoin price

Bitcoin Price Rockets; Upside Bias Prevails 2 Comments

Earlier this morning, shortly before the markets opened in the UK, we published our twice-daily bitcoin price watch analysis piece. In the piece we highlighted a number of the key levels that we were keeping an eye on, and suggested how we might react to price reaching or breaching these levels as far as entering a position is concerned. Now action has matured throughout the day on Monday, what ar...


Bitcoin Price Up and Down; More to Come? No Comments

On Friday evening, shortly before the markets closed in the US, we published our twice-daily bitcoin price watch analysis piece highlighting the action we had seen in bitcoin throughout Friday's session, and suggesting a couple of the key levels that we would be keeping an eye on over the weekend. We highlighted a couple of targets that – in the event of a breakout – we could draw entry upon, ...


Dashcoin

Dash Price Technical Analysis – No Sign of Sellers No Comments

Key Highlights Dash price failed to move lower and continued to trade higher. Our anticipated Double Top pattern resistance was broken, cancelling the view of a downside reaction. More gains are likely as long as the price stays above a crucial bullish trend line formed on the hourly chart. Dash price moved above 0.0127BTC, and continued to follow a nice bullish trend with sellers faili...


Dogecoin Buyers Hesitates, but Further Gains Seem Likely No Comments

Key Highlights Dogecoin price after settling above an important resistance area consolidating in a tiny range. 68.0-69.0 Satoshis levels hold the key for more upsides in the near term. A break above 71.0 Satoshis might set the price for a move towards the last swing high of 77.0 Satoshis. Dogecoin buyers managed to take prices higher, but there was a lack of momentum which ignited a con...


Bitcoin Price Technical Analysis for 8/6/2015 – The Wait Gets Longer! No Comments

Bitcoin is currently trying to form a temporary support near $220 and rise higher. Even during the weekend, the cryptocurrency dropped to $219 before rising up to $225.48 which was immediately followed by profit booking. As a result, Bitcoin erased all the weekend gains and is currently trading at $222.63, negative from my previous observation of $223.27. Image: https://www.tradingview.com/x/IEXU...


Dogecoin Price Technical Analysis – Target Achieved Buy More

Dogecoin Price Weekly Analysis – Gains Seem Likely No Comments

Key Highlights Dogecoin prices after consolidating for a brief period traded higher and settled around an important resistance area. A move towards the last high of 88.6 Satoshis is likely moving ahead, but buyers need to clear 72.0 Satoshis to achieve it. There was a critical support formed around 64.0 Satoshis, which held the downside and the price consolidated for some time before buye...


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