23-07-2017
03:59 pm
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Tag: usd

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...


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

Hello and welcome to News BTC’s Market Outlook July 21. BTC/USD Bitcoin rallied against the US dollar, slicing through the vital $2400 level. As I predicted yesterday, the $2600 level would be targeted. That’s where we find ourselves during recording, and I believe that if the market can continue higher, the next target will be 2800. Until then, I remain very bullish of this market o...


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...


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...


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

Hello and welcome to News BTC’s Market Outlook July 19. BTC/USD Bitcoin initially fell during the session on Tuesday, but found enough support below the 2200 level to turn around and continue to go even higher. We are facing a significant amount of resistance in the form of the $2400 level though, so clearing that could open the door to the $2600 level. Because of this, if you did not ...


DASH/USD and LTC/USD Technical Analysis July 18, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 18. DASH/USD DASH rally during the session on Monday, touching the $150 level. However, we did pull back from their showing signs of resistance. This is a technically bullish move though, because we broke above the top of the hammer from Friday. With this being the case, if the market can break above the $150 level, I would be a buyer...


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...


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

Hello and welcome to News BTC’s Market Outlook July 18. BTC/USD Bitcoin rallied on Monday, bouncing from the 50% Fibonacci retracement level in the neighborhood of 2000. Because of this, looks as if the buyers are trying to return, and a break above the highs from the session should send this market even higher. However, there is a lot of noise above, and therefore volatility should re...


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...


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