Here we go on another day of trading in our bitcoin price efforts and it’s time to get some levels in place that we can use to try and draw a profit from the market if and when things move. Things have slowed down a little in terms of outright runs over the last few […]
Key Highlights Ethereum classic price is in a decent uptrend and is placed nicely above the $30.00 level against the US Dollar. There is a major ascending channel forming with support at $30.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to rise in the near term […]
Key Highlights Ripple price is climbing higher and is currently placed well above the $0.5500 level against the US Dollar. There is a monster bullish trend line forming with support at $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair will most likely accelerate higher above the $0.6000 and […]
Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]
Bitcoin could be in for a few more losses from here as price made a reversal pattern and broke below a short-term trend line. The post Bitcoin Price Technical Analysis for 12/14/2017 – Short-Term Selloff Underway? appeared first on NEWSBTC.
IOTA bears are driving prices lower and are now aiming at $3.9 support level. At the same time, LTC bulls are slowing down and after an over-extension on December 12, bears followed through and price action is seeking for equilibrium as it makes lower lows. LTC should found support at around $280 which is the […]
Key Points Bitcoin cash price is slowly moving in an uptrend above the $1550 level against the US Dollar. This is a crucial ascending channel forming with support at $1550 on the hourly chart of BCH/USD (data feed from Kraken). The pair might continue to move higher and it could even break the $1680 resistance […]
So we’ve come to the start of another day in our bitcoin price trading efforts and we’re just about midway through the week in Europe. Things have been pretty interesting this week so far and we’ve seen a bunch of fresh inputs impact price. Last night, we jumped straight into the action so as to […]
Key Points Bitcoin gold price is trading with a nice bullish tone above the $240 support against the US Dollar. There is a crucial ascending channel forming with support at $230 on the hourly chart of BTG/USD (data feed from Bitfinex). The price is currently holding the $240 support and placed nicely above the 100 […]
Key Highlights Ripple price rocketed higher and traded above the $0.40 level against the US Dollar. There is a new connecting bullish trend line forming with support at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 handle and eyes more upsides […]
Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]
Yesterday was an across the board rally for alt coins. Other than LTC which gained $100, DASH bulls also drove prices to record highs above $900 for the first time. If DASH bulls keep up, then the $1070 mark will not be a mirage anymore. Let’s look at the charts: NEM BULLS AIM DECEMBER 8 […]
Bitcoin price remains afloat but could use a major pullback to draw more bullish momentum in. The post Bitcoin Price Technical Analysis for 12/13/2017 – Another Major Pullback? appeared first on NEWSBTC.
DASH/USD DASH rallied again during the day, reaching towards the $840 level. At this point, a continuation of that move seems very likely, and therefore we are bullish of DASH. Pullbacks should be supported, with the $720 level offering a bit of a floor. The target is $1000 going forward. LTC/USD Litecoin has gone […]
ETH/USD Ethereum broke out over the last day, clearing the $500 level. It now looks to go parabolic and race towards the $600 level, which is the extension of a measured move from the previous rectangle. $600 should offer resistance, so look for a pullback at that point. $500 should be support going forward. […]