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Author: NewsBTC

DASH/USD and LTC/USD Technical Analysis June 28, 2017

Hello and welcome to News BTC’s Market Outlook June 28. DASH/USD DASH went back and forth during the day on Tuesday, as we continue to hover around the $160 level. The $150 level underneath continues to offer support, so some type of a supportive candle should continue to be a nice buying opportunity. That area … Continue reading DASH/USD and LTC/USD Technical Analysis June 28, 2017

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Ethereum Classic Price Technical Analysis – ETC/USD Nearing Key Level

Key Highlights Ethereum classic price after a downside move towards $14.80 against the US Dollar found support. There was a break above a bearish trend line formed at $17.25 on the hourly chart (data feed via Kraken) of ETC/USD. The price is currently hovering near key resistance level of $17.60, which holds a lot of … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Nearing Key Level

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ETH/USD and ETH/BTC Technical Analysis June 28, 2017

Hello and welcome to News BTC’s Market Outlook June 28. ETH/USD The Ethereum market fell significantly during the day again on Tuesday, as we continue to test the $220 level. I still believe that the $200 level is very significant, and that’s an area where the market will certainly be paying attention to due to … Continue reading ETH/USD and ETH/BTC Technical Analysis June 28, 2017

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BTC/USD and BTC/JPY Technical Analysis June 28, 2017

Hello and welcome to News BTC’s Market Outlook June 28. BTC/USD Bitcoin fell a bit during the session on Tuesday, testing the $2380 region. We found a little bit of support though, so it looks like the market is trying to get its footing in this general vicinity. I see significant support at the $2300 … Continue reading BTC/USD and BTC/JPY Technical Analysis June 28, 2017

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Ethereum Price Technical Analysis – ETH/USD Attempting Upside Break

Key Highlights ETH price dived once again but the $205-200 support zone acted as strong support against the US Dollar. Yesterday’s highlighted two bearish trend lines with current resistance at $255-270 on the hourly chart of ETH/USD (data feed via SimpleFX) are preventing gains. The price is currently attempting a break above the second trend … Continue reading Ethereum Price Technical Analysis – ETH/USD Attempting Upside Break

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Creditbit Price Technical Analysis – CRB/BTC Struggling Below 0.00026BTC

Key Highlights Creditbit price is facing a lot of hurdles and recently moved below the 0.00026BTC support against the Bitcoin. There are two bearish trend lines with resistance near 0.00025-26 forming on the 7-day chart of CRB/BTC (data feed from Coinmarketcap). On the downside, the price has a decent support at 0.00020BTC, which is likely … Continue reading Creditbit Price Technical Analysis – CRB/BTC Struggling Below 0.00026BTC

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Bitcoin Price Watch; Profiting From The Downside Action

We have come to the end of the day in our bitcoin price trading efforts for Tuesday and – from a short-term perspective, at least – it has been a pretty good one. Chances are the long-term holders will disagree with us on this, but we are intraday traders, and it doesn’t really matter how … Continue reading Bitcoin Price Watch; Profiting From The Downside Action

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Crypto-Mining: Decoding the Basics

The cryptocurrency market is seeing exponential growth, turning early investors into millionaires within months – and yet, the vast majority of people remain unaware of the nuances of this industry that is redefining conventional financial markets and banking systems all over the world. The cryptocurrency industry likes to use its own terms which discourage people … Continue reading Crypto-Mining: Decoding the Basics

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Ethereum Classic Price Technical Analysis – ETC/USD Dips and Rips

Key Highlights Ethereum classic declined heavily towards the $15 support against the US Dollar and later found buyers. There was a bearish trend line formed with resistance at $17.30 on the hourly chart (data feed via Kraken) of ETC/USD, which was broken recently. The price is trading with a positive bias above $17 and may … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Dips and Rips

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Ethereum Price Technical Analysis – ETH/USD Faces Tough Resistance

Key Highlights ETH price traded further lower and almost tested the $200 support against the US Dollar. Yesterday’s highlighted two bearish trend lines with resistance at $275-288 on the hourly chart of ETH/USD (data feed via SimpleFX) are still valid. The price is currently recovering, but likely to face sellers near $270 and $288 in … Continue reading Ethereum Price Technical Analysis – ETH/USD Faces Tough Resistance

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Dash Price Technical Analysis – DASH/USD Back In Bullish Zone

Key Highlights Dash price faced a lot of selling pressure lately and traded below $140 versus the US Dollar. There is a bearish trend line forming with resistance at $165 on the hourly chart of DASH/USD (data feed from Poloniex), which is protecting gains. The price may soon gain pace and move above the $165 … Continue reading Dash Price Technical Analysis – DASH/USD Back In Bullish Zone

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