28-05-2017
06:36 am
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Category: Trading

Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Holding Crucial Supports No Comments

Key Points Bitcoin price corrected sharply after trading towards $2650 against the US Dollar, but remains supported on the downside. The last week’s highlighted important bullish trend lines with support at $1940 and $1800 on the 4-hours chart of BTC/USD (data feed from SimpleFX) are holding well. As long as the price is above these trend lines and $1800, it is likely to move back abo...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Uptrend Remains Intact No Comments

Key Highlights ETH price fell sharply yesterday and moved down from $203 to $100 against the US Dollar. During the downside move, the ETH/USD pair broke a major bullish trend line with support at $164 on the 4-hours chart (data feed via SimpleFX). The pair recovered sharply after testing the $100 handle, which is an important support. Ethereum price corrected in a scary fashion again...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Broke Uptrend No Comments

Key Highlights There was a sharp downside move in ETH price below the $188 support against the US Dollar. There were two bullish trend lines with support at $178 on the hourly chart (ETH/USD, data feed via SimpleFX), which were broken. The price traded towards $140 before starting a recovery above $150. Ethereum price may have made a short-term top against the US Dollar and Bitcoin, ...


Creditbit Price Technical Analysis

Creditbit Price Technical Analysis – CRBIT/BTC Sellers in Control No Comments

Key Highlights Creditbit price decline extended, as it fell below 0.00030BTC against the Bitcoin. There is a descending channel pattern formed with resistance at 0.00028BTC on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, the 0.00020BTC level is a major support going forward, and must hold losses. Creditbit price was under pressure due to rise in Bitco...


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 ...


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 ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend No Comments

Key Highlights After a minor decline towards $135, ETH price formed support against the US Dollar and moved higher. There was a break above a bearish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently following an ascending channel pattern and looks set for a move above $170. Ethereum price formed a base after yesterday’s dip against th...


Creditbit Price Technical Analysis

Creditbit Price Technical Analysis – CRBIT/BTC Declines Further No Comments

Key Highlights Creditbit price failed to gain momentum and declined towards 0.00030BTC against the Bitcoin. There is a major bearish trend line with resistance at 0.00035BTC formed on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, the 0.00030BTC support may play a major role for a recovery in the near term. Creditbit price declined further against the U...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Correction Underway No Comments

Key Highlights There were further gains in ETH price, as it moved above the $175 level against the US Dollar before starting a correction. There was a break below a bullish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently below the $158 resistance, and may extend the correction. Ethereum price overcame sellers against the US Dollar and ...


Dash Price Technical Analysis

Dash Price Technical Analysis – DASH/USD Breaks Key Levels No Comments

Key Highlights Dash price surged and settled above a major resistance at $100 against the US Dollar. There was a break above a major bearish trend line at $98 on the hourly chart of DASH/USD (data feed from Poloniex), igniting upside move. The price is currently correcting lower after trading as high as $136, and remains supported. Dash price (DigitalCash) gained heavy bids against t...


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