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Author: NewsBTC

Bitcoin Price Watch; Feeding The Bullish Fire

So that’s another day done in our bitcoin price trading efforts, and after a few days away from the screen, we’ve seen some pretty interesting action. Price was relatively flat at the very start of the week but picked up quickly as the midpoint hit and eventually ran to break the 1800 mark, the 1850 … Continue reading Bitcoin Price Watch; Feeding The Bullish Fire

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DASH/USD and LTC/USD Technical Analysis May 19, 2017

Hello and welcome to News BTC’s Market Outlook May 19. DASH/USD DASH rally during the day on Thursday, as we broke above the top of the hammer from the Wednesday session. This is a bullish sign, but expect choppiness going forward. Selling is all but impossible and pullback should be buying opportunities. Ultimately, the market … Continue reading DASH/USD and LTC/USD Technical Analysis May 19, 2017

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ETH/USD and ETH/BTC Technical Analysis May 19, 2017

Hello and welcome to News BTC’s Market Outlook May 19. ETH/USD The Ethereum market rallied during the day on Thursday, reaching towards the $100 level. This is a market that continues to find plenty of support just below, and I believe that it is only a matter of time before we not only reach the … Continue reading ETH/USD and ETH/BTC Technical Analysis May 19, 2017

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BTC/USD and BTC/JPY Technical Analysis May 19, 2017

Hello and welcome to News BTC’s Market Outlook May 19. BTC/USD The BTC/USD pair rallied on Thursday, testing the highs yet again. I think at this point in time we will continue to see buyers jump into this market and take advantage of value as it presents itself at lower levels. The market continues to … Continue reading BTC/USD and BTC/JPY Technical Analysis May 19, 2017

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Ethereum Price Technical Analysis – ETH/USD Soars Above $105

Key Highlights There was a sharp rise in ETH price, as it broke the $100 and $105 levels against the US Dollar. There was a break of a nice bullish pattern with resistance at $102 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently trading with a lot of positive bias, … Continue reading Ethereum Price Technical Analysis – ETH/USD Soars Above $105

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Creditbit Price Technical Analysis – CRBIT/BTC Started Consolidating

Key Highlights Creditbit price managed to hold the 0.00040BTC support against the Bitcoin, and currently trading in a range. It looks like there is a major resistance formed near 0.00052BTC on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, buyers are working hard to prevent a break below the 0.00040BTC support. … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC Started Consolidating

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DASH/USD and LTC/USD Technical Analysis May 18, 2017

Hello and welcome to News BTC’s Market Outlook May 18. DASH/USD DASH fell initially during the trading session on Wednesday, but found enough support at the $77.50 level to turn things around and form a hammer. This just shows how much interest there is underneath and because of this it’s likely that every time we … Continue reading DASH/USD and LTC/USD Technical Analysis May 18, 2017

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ETH/USD and ETH/BTC Technical Analysis May 18, 2017

Hello and welcome to News BTC’s Market Outlook May 18. ETH/USD Ethereum initially fell against the US dollar but found the $85 level to be supportive again, thereby showing signs of resiliency. Because of this, it appears as if the market will continue to bounce and perhaps try to break out to the upside. I … Continue reading ETH/USD and ETH/BTC Technical Analysis May 18, 2017

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BTC/USD and BTC/JPY Technical Analysis May 18, 2017

Hello and welcome to News BTC’s Market Outlook May 18. BTC/USD Bitcoin continues to rally as Wednesday was very profitable. The market broke above the $1800 level, and it now looks as if we’re going to test the highs again. Because of this, short-term dips continue to offer buying opportunities and what is a very … Continue reading BTC/USD and BTC/JPY Technical Analysis May 18, 2017

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Ethereum Price Technical Analysis – ETH/USD Back In Bullish Zone

Key Highlights After a sharp decline in ETH price towards the $80 handle against the US Dollar, a recovery started. A major bearish trend line with resistance at $87.90 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price is currently attempting a close above the 100 hourly simple moving average at … Continue reading Ethereum Price Technical Analysis – ETH/USD Back In Bullish Zone

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Dash Price Technical Analysis – DASH/USD Lacks Momentum

Key Highlights Dash price declined once again below the $84 support against the US Dollar to trade towards $80. There are two important bearish trend lines with resistance near $88-90 formed on the hourly chart of DASH/USD (data feed from Poloniex). The price is also below the 100 hourly simple moving average at $89, suggesting … Continue reading Dash Price Technical Analysis – DASH/USD Lacks Momentum

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