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Author: NewsBTC

Creditbit Price Technical Analysis – CRBIT/BTC In Downtrend

Key Highlights Creditbit price continued to move down and traded below the 0.00070BTC support against the Bitcoin. There is a declining channel pattern with resistance at 0.00065BTC formed on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, there is a crucial support at 0.00060BTC, which must prevent further downsides. Creditbit price … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC In Downtrend

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Bitcoin Price Watch; 1500 Broken, What’s Next?

We’ve been pushing higher and higher in our bitcoin price trading efforts over the last few days and we’re now heading into the close of the week, and things aren’t slowing down. Price remains strong and the bulls look firmly in control right now – something that (if it continues) should feed its own fire. … Continue reading Bitcoin Price Watch; 1500 Broken, What’s Next?

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DASH/USD and LTC/USD Technical Analysis May 04, 2017

Hello and welcome to News BTC’s Market Outlook May 04. DASH/USD DASH markets continue to grind sideways overall as we tighten the trading range. It looks as if we will consolidate for a little bit, and then make a decision. I believe that given enough time, the market will rally but I also recognize that … Continue reading DASH/USD and LTC/USD Technical Analysis May 04, 2017

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ETH/USD and ETH/BTC Technical Analysis May 04, 2017

Hello and welcome to News BTC’s Market Outlook May 04. ETH/USD Ethereum continues to hold its own against the US dollar as we currently trade near the $83.25 level. There is quite a bit of support underneath, extending all the way down to the $68 level. We are currently going sideways but I think there … Continue reading ETH/USD and ETH/BTC Technical Analysis May 04, 2017

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BTC/USD and BTC/JPY Technical Analysis May 04, 2017

Hello and welcome to News BTC’s Market Outlook May 04. Bitcoin continues its rally, initially dipping during the Wednesday session refining support just below the $1440 level. It now looks as if we are all but assured to reach towards the $1500 level, where I would anticipate a bit of psychological resistance. I still believe … Continue reading BTC/USD and BTC/JPY Technical Analysis May 04, 2017

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Ethereum Price Technical Analysis – ETH/USD Remains Bullish

Key Highlights There was a minor upside move in ETH price, as it traded above $83 against the US Dollar. Yesterday’s highlighted contracting triangle pattern with resistance at $82.80 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price traded towards $86 before starting a correction back below $85. Ethereum price is … Continue reading Ethereum Price Technical Analysis – ETH/USD Remains Bullish

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Dash Price Technical Analysis – DASH/USD Attempting Crucial Break

Key Highlights Dash price remained above the all-important $88 support area against the US Dollar, and looks set for more gains. The DASH/USD pair is currently attempting a break above a major bearish trend line with resistance at $100 on the hourly chart of (data feed from Poloniex). A successful close above the $100-101 levels … Continue reading Dash Price Technical Analysis – DASH/USD Attempting Crucial Break

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Bitcoin Price Watch; 1500 Becomes An Upside Target

So that’s another day done in our bitcoin trading efforts, and we’ve mainly been executing on our intrarange strategy. For those that caught our analysis earlier today, we targeted support from resistance and resistance form support, respectively, based on the choppy action that we’d seen overnight and into the early morning out of Europe. It’s … Continue reading Bitcoin Price Watch; 1500 Becomes An Upside Target

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Bitcoin Price Watch

Yesterday evening, we switched our bitcoin price trading strategy up a little and went with a classical charting pattern for our late night intraday trading. The pattern played out pretty much as we’d hoped initially, but reversed relatively quickly, and we got a spike to the downside early evening. Post-spike, however, price quickly recovered and … Continue reading Bitcoin Price Watch

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DASH/USD and LTC/USD Technical Analysis May 03, 2017

Hello and welcome to News BTC’s Market Outlook May 03. DASH/USD DASH fell a bit during the session on Tuesday, gapping lower. We reached all the way down to the $84 level and I think we may have a little bit farther to go. The $82 level and most certainly the $80 level will offer … Continue reading DASH/USD and LTC/USD Technical Analysis May 03, 2017

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ETH/USD and ETH/BTC Technical Analysis May 03, 2017

Hello and welcome to News BTC’s Market Outlook May 03. ETH/USD Ethereum continues to try to grind to the upside but quite frankly we are bit exhausted. Pullbacks should offer buying opportunities and at this point I suspect that it’s probably time for that to happen. The $68 level should be massively supportive, as well … Continue reading ETH/USD and ETH/BTC Technical Analysis May 03, 2017

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