Tag: usd

ethusd

ETH/USD and ETH/BTC Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to run to the upside during the trading session on Wednesday, but the $340 level looks to be offering a bit of resistance. Because of this, I think a pullback might be necessary, but that pullbacks should only offer a fresh buying opportunity. I believe that the $312 level will now offer a bit of a “...


dashusd

DASH/USD and LTC/USD Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to chop around, as Wednesday was more of the same action. However, looks as if we are trying to form some type of asymmetrical triangle on the 4-hour chart, and with the recent search higher I would have to believe that we will more than likely have buyers trying to break out to the upside. A clearanc...


btcusd

BTC/USD and BTC/JPY Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin exploded to the upside yet again on Wednesday, slicing through the $7000 level. However, there is a lot of noise extending to the $7600 level, and it does look like we are getting a bit overbought on the 4-hour chart. With the stochastics crossing in the overbought zone, I suspect that it’s only a matter of tim...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to chop around in a slow upward grind against the US dollar, as we have found the $330 level to cause a bit of trouble. However, I think we will continue to see buyers underneath so it’s likely that the market continues to rally from here, perhaps offering an opportunity to get involved to the upside ...


dashusd

DASH/USD and LTC/USD Technical Analysis November 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to go sideways, just above the $400 level. There is a lot of support just below, but I think the market may drift slightly lower to pick up momentum. That would be expected, because we have recently broken out over significant resistance. I suspect the $375 level is an area that will attract a lot of atten...


btcusd

BTC/USD and BTC/JPY Technical Analysis November 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin has been relatively quiet during the Tuesday session, as we continue to hover just above the 6500 level. The market looks likely to find a bit of support in this area, but with the stochastic oscillator crossing at the 80 level, I am a bit hesitant in the short term. I need to see a break above the 6800 level to...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 14 2017 No Comments

ETH/USD Ethereum has been rather choppy during the session on Monday, but it does look as if we are trying to go higher. I believe that the $312 level underneath should offer a bit of support, but we need to break above the $320 level to extend the rally. Right now, the stochastics look a little bit overbought, but longer-term I still believe that the buyers come back into the marketpla...


dashusd

DASH/USD and LTC/USD Technical Analysis November 14 2017 No Comments

DASH/USD DASH continues to be very volatile, initially tried to rally on Monday, but ended up forming a negative looking candle. I think at the end of the day, we will find ourselves reaching back towards the $350 level, where we should see some buying pressure. Being patient and waiting for a bounce or a supportive camera such as a hammer should be the best way to play this market. ...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 13 2017 No Comments

ETH/USD Ethereum continues to chop around against the US dollar, and is currently testing the $300 level for support. It looks likely that we will find support underneath, perhaps extending as low as $280. This pullback should be thought of as a potential buying opportunity, as traders seem to be looking at building longer-term and larger positions. Overall, this should offer value for th...


dashusd

DASH/USD and LTC/USD Technical November 13 2017 No Comments

DASH/USD DASH continues to look bullish overall, yet choppy. I believe that the $360 level above will offer significant resistance, but if we can break above there we should see this market go much higher. I think that pullbacks at this point should attract a lot of attention, with $300 being relatively supportive. LTC/USD Litecoin has rolled over during the day on Friday, but s...


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