23-07-2017
04:41 pm
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Tag: ETH

ETH/USD and ETH/BTC Technical Analysis July 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 21. ETH/USD Ethereum rallied against the US dollar during the session on Thursday, testing the $240 level. I believe that we need to close on a daily chart above the $250 level to start buying again, as I would show significant support. In the meantime, I anticipate that we will probably grind sideways overall, as we are trying to for...


ETH/USD and ETH/BTC Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. ETH/USD Ethereum chopped during most of the session on Monday, as we continue to try to build up the momentum to the upside. However, this looks like a market that’s running out of steam, so I would expect a bit of sideways action, perhaps with a slightly downward bias. Expect the $200 level to offer support though, and it could...


BTC/USD and BTC/JPY Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. BTC/USD Bitcoin went back and forth during the session on Wednesday in early trading, showing that we are in fact running into a bit of trouble at the 2400 level. It’s likely that we see a short-term pullback, but I would suspect that there is massive support at not only the 2200 level, but also the 2000 level after that. Altern...


DASH/USD and LTC/USD Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. DASH/USD DASH rallied during the session on Tuesday, breaking above the $150 level. It looks as if the market is going to continue to go higher but there’s a lot of noise above, so it’s likely that it will be a very difficult grind higher. However, if we get some type of exhaustive candle, it could turn the entire thing back a...


ETH/USD and ETH/BTC Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. ETH/USD The Ethereum market initially fell during the day against the US dollar on Tuesday but found enough support at the $180 level to turn around and form a hammer. A break above the $200 level would be a bullish sign, and should continue to bring more buyers into the marketplace. ETH/BTC The Ethereum market fell slig...


ETH/USD and ETH/BTC Technical Analysis July 18, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 18. ETH/USD Ethereum rallied on Monday, but struggled at the $180 level. I think there is a lot of noise between the $180 level and the $200 level, so I am going to wait until we break above $200 before I start to put any money to work. As for selling, it looks as if the $150 level is starting to form significant support. Because of t...


DASH/USD and LTC/USD Technical Analysis July 17, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 17. DASH/USD DASH fell slightly during the day on Friday, but continues to find plenty of support just below. The $160 level is acting as a bit of a floor, extending down to the $150 level. Longer-term traders are probably trying to build up larger positions right now, but more than likely we will see plenty of sideways action between...


ETH/USD and ETH/BTC Technical Analysis July 17, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 17. ETH/USD Ethereum fell on Friday, as we continue to see a general malaise in the crypto currency markets. However, I think there is a significant amount of support just below the $180 level, and we are currently consolidating between the $180 level on the bottom, and the $220 level on the top. On a break above the $220 level, I wou...


ETH/USD and ETH/BTC Technical Analysis July 14, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 14. ETH/USD Ethereum pulled back during the day on Thursday, as we tested the $200 level. I think there is plenty of support just below though, so given enough time I anticipate that this market will rally and try to go higher. If we break down below the $160 level, we would continue the move lower even more stringently, but in the me...


BTC/USD and BTC/JPY Technical Analysis July 14, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 14. BTC/USD The Bitcoin market against the US dollar rallied slightly during the day on Thursday, but we continue to find resistance above the 2400 level. If we do continue higher, the market will go to 2600 given enough time, but currently it looks as if we are going to struggle and perhaps pull back to find support underneath, espec...


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