Tag: usd

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DASH/USD and LTC/USD Technical Analysis August 31, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 31. DASH/USD DASH continues to go sideways in general, essentially making itself “dead money.” With this being the case, the market looks likely to use the $350 level as support as we continue to grind sideways but with a very slight upward tendency. With this, accumulation may be the best way to describe what we are going through ...


BTC/USD and BTC/JPY Technical Analysis August 23 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 23. BTC/USD Bitcoin fell rather rapidly during the session on Tuesday, breaking down to the vital $3600 level. That is an area that is massively supportive, and if we were to break down below there, the market would go much lower. We have bounced back to the $4000 level above, an area that is massively supportive. Ultimately, I belie...


BTC/USD and BTC/JPY Technical Analysis Aug 17, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 17. BTC/USD Bitcoin went sideways during the session on Wednesday, as the 4000 level continues to offer support. I believe that the market needs to gather its wits for a while, and I think that we will have a reasonably quiet move next. However, the Federal Reserve releases its meeting minutes, and that could cause a bit of volatility ...


DASH/USD and LTC/USD Technical Analysis Aug 3, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 3. DASH/USD DASH continues to look bullish although we did pull back during the day initially on Wednesday. We bounced enough to form a hammer like candle, and that suggests that we are going to go much higher, perhaps reaching towards the $210 level. As we are in the center of the Bollinger Bands, it suggests that we are somewhere nea...


ETH/USD and ETH/BTC Technical Analysis Aug 3, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 3. ETH/USD The Ethereum market fell slightly during the day on Wednesday, as the $235 level offered a bit of resistance. This looks like a market that is going to go looking for support underneath, and should find it near the $200 level. Because of this, pull backs should continue to offer buying opportunities during the day. ETH/BT...


BTC/USD and BTC/JPY Technical Analysis Aug 3, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 3. BTC/USD Bitcoin initially fell a bit during the day on Wednesday, but found buyers yet again as we continue to grind sideways with an upward attitude. It seems as if the market should then go to the $3000 level above. If we can break above that, then the market can become more of a “buy-and-hold” situation. It continues to look ...


DASH/USD and LTC/USD Technical Analysis Aug 2, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 2. DASH/USD DASH continues to be volatile, as we bounced during the session on Tuesday, but continue to find quite a bit of resistance above. Quite frankly, this market is probably a bit too volatile to be trading currently, but I would suspect that the $170 level should continue to offer support. With that in mind, I have a relatively...


ETH/USD and ETH/BTC Technical Analysis Aug 2, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 2. ETH/USD Ethereum rally during the day on Tuesday, using the $200 level as support. It now looks as if we are trying to break above the $225 level, and once we do we should continue towards the $250 level. There is a lot of noise between here and there though, so don’t be surprised if it’s choppy trading action. Short-term pullba...


BTC/USD and BTC/JPY Technical Analysis Aug 2 , 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 2. BTC/USD Bitcoin initially fell against the US dollar during Tuesday trading but found enough support at the $2600 level again to turn around and bounced significantly. When looking at the daily charts, it is easy to see that we are forming a bit of a “U” shape to the chart, suggesting that the buyers are becoming more aggressive...


DASH/USD and LTC/USD Technical Analysis Aug 1, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook Aug 1. DASH/USD DASH continues to be volatile, as we initially tried to rally during the day on Monday, but the $180 level proved to be far too resistive. Because of this, looks as if the market will continue to be choppy and difficult to deal with overall. However, if we break above the $180 level, I’d be willing to buy this market as it sh...


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