Wednesday, January 16Your Daily Bitcoin & Altcoin News Portal

PRICE ANALYSIS

DASH/USD and LTC/USD Technical Analysis November 16 2017

DASH/USD and LTC/USD Technical Analysis November 16 2017

PRICE ANALYSIS
Please share if you find this article interesting. DASH/USD and LTC/USD Technical Analysis November 16 2017 Hello and welcome to News BTC’s Market Outlook November. [embedded content] DASH/USD DASH continues to chop around, as Wednesday was more of the same action. However, looks as if we are trying to form some type of asymmetrical triangle on the 4-hour chart, and with the recent search higher I would have to believe that we will more than likely have buyers trying to break out to the upside. A clearance of the $460 level should send this market looking for $500 above. LTC/USD Litecoin continues to rally, but we are running into a bit of trouble near the $66 level. The $68 level above will be a massive resistance barrier, so I think that we could see several short-term pullb
CryptoGirl
BTC/USD and BTC/JPY Technical Analysis November 16 2017

BTC/USD and BTC/JPY Technical Analysis November 16 2017

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Please share if you find this article interesting. BTC/USD and BTC/JPY Technical Analysis November 16 2017 Hello and welcome to News BTC’s Market Outlook November.[embedded content] BTC/USD Bitcoin exploded to the upside yet again on Wednesday, slicing through the $7000 level. However, there is a lot of noise extending to the $7600 level, and it does look like we are getting a bit overbought on the 4-hour chart. With the stochastics crossing in the overbought zone, I suspect that it’s only a matter of time before we do pull back. I look at these pullbacks as buying opportunities, and believe that the $6500 level will offer a bit of a “floor” below. BTC/JPY Bitcoin rallied against the Japanese yen as well, breaking above the ¥800,000 level. We do look a little stretch now here
CryptoGirl
ALT COIN IOTA RALLY. GAINS $0.18

ALT COIN IOTA RALLY. GAINS $0.18

PRICE ANALYSIS
Please share if you find this article interesting. ALT COIN IOTA RALLY. GAINS $0.18 IOTA rally was perhaps November 15 highlight. Price action gained $0.18 by the end of the day. NEM, Monero, NEO and DASH were whipsawing with bull and bear pressure cancelling each other out. Let’s look at the charts: NOVEMBER 12 HI-LO DEFINES NEM SHORT TERM TREND NEMUSD Daily Chart for November 16, 2017 The Hi-Los of November 12 continues to define price action over the last 4 days. In essence, NEM price action around the 20 period MA and the main support or resistance line at $0.20 is important. So far, there have been a break and close above the two resistances. What will be important especially today is if price action will confirm yesterday’s bull candlestick and close above the minor $0.7 ra
CryptoGirl
Ethereum Price Technical Analysis – ETH/USD Testing Key Support

Ethereum Price Technical Analysis – ETH/USD Testing Key Support

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Please share if you find this article interesting. Ethereum Price Technical Analysis – ETH/USD Testing Key Support Key Highlights ETH price is correcting lower and is currently trading near a major support at $326 against the US Dollar. Yesterday’s highlighted major bullish trend line with current support at $326 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price should hold the trend line support near $326 to remain in the bullish zone. Ethereum price is correcting lower against the US Dollar and Bitcoin. ETH/USD has to maintain bid tone above $326 to gain upside momentum. Ethereum Price Support There was a new minor high formed at $337.29 in ETH price against the US Dollar. Later, the price started correcting lower and moved below $335. There was a bre
CryptoGirl
Bitcoin Cash Price Technical Analysis – BCH/USD Grinding Lower

Bitcoin Cash Price Technical Analysis – BCH/USD Grinding Lower

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Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Grinding Lower Key Points Bitcoin cash price is slowly moving lower and is currently trading below $1300 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1200 on the hourly chart of BCH/USD (data feed from Kraken). The price has to overcome sell offers near $1200 and $1300 to make an upside move. Bitcoin cash price is slowly moving down toward $1100 against the US Dollar. BCH/USD is facing two important resistances near $1200 and $1300. Bitcoin Cash Price Decline There is a slow and steady decline forming from the $1500 swing high in bitcoin cash price against the US Dollar. The price has declined below the $1300 level and the 50% Fib r
CryptoGirl
Bitcoin Price Technical Analysis for 11/16/2017 – Bulls Back on their Feet?

Bitcoin Price Technical Analysis for 11/16/2017 – Bulls Back on their Feet?

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Please share if you find this article interesting. Bitcoin Price Technical Analysis for 11/16/2017 – Bulls Back on their Feet? Bitcoin Price Key Highlights Bitcoin price is starting to trend higher once more, depending on whether or not the support on the 1-hour time frame holds. An ascending trend line can be drawn to connect the lows over the past few days and the support lines up with the 38.2% retracement level. A bounce off this level could take bitcoin price to the swing high or higher, but tech indicators are suggesting a continuation of the drop. Bitcoin price appears to be reviving its uptrend on the 1-hour time frame, but there are still signs that bears could win out. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA on the 1-hour time frame, so
CryptoGirl
Bitcoin Price Watch; Getting Straight To It

Bitcoin Price Watch; Getting Straight To It

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Please share if you find this article interesting. Bitcoin Price Watch; Getting Straight To It We are heading into the middle of the week and it is time to take the first of our twice-daily looks at the bitcoin price in an attempt to cobble together a strategy that we can use to try and draw a profit from the market if and when we see any volatility going forward. Normally, we take a look at what happened overnight so as to garner a bit of insight into how price brought us to where things stand. Right now, however, things are moving pretty fast, so we aren’t going to waste any time going over previous action. Instead, because we don’t want to miss a trade, we are going to jump right into our analysis and get some key levels in place straight away. So, with this noted, let’s kick
CryptoGirl
ETH/USD and ETH/BTC Technical Analysis November 15 2017

ETH/USD and ETH/BTC Technical Analysis November 15 2017

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Please share if you find this article interesting. ETH/USD and ETH/BTC Technical Analysis November 15 2017 Hello and welcome to News BTC’s Market Outlook November.[embedded content] ETH/USD Ethereum continues to chop around in a slow upward grind against the US dollar, as we have found the $330 level to cause a bit of trouble. However, I think we will continue to see buyers underneath so it’s likely that the market continues to rally from here, perhaps offering an opportunity to get involved to the upside as we continue to reach towards the $350 level above. ETH/BTC Ethereum also has been rallying against Bitcoin, and looks likely to continue to do so, at least until we reach towards the 0.055 level. Pullbacks of this point should be supported at the 0.046 level, but if we bre
CryptoGirl
Ripple Price Technical Analysis – XRP/USD Forming Breakout Pattern

Ripple Price Technical Analysis – XRP/USD Forming Breakout Pattern

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Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD Forming Breakout Pattern Key Highlights Ripple price is placed nicely above the $0.2000 handle against the US Dollar and eyes further gains. There is a contracting triangle forming with support at $0.2040 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is holding the bullish bias and it might attempt an upside break above $0.2100. Ripple price remains in the bullish zone against the US Dollar and Bitcoin. XRP/USD needs to gather pace above $0.2100 for more gains. Ripple Price Trend There were decent gains in Ripple price this week above $0.2000 against the US Dollar. The price is currently placed well in the bullish zone and looks set to break the $0.2100 leve
CryptoGirl
DASH/USD and LTC/USD Technical Analysis November 15 2017

DASH/USD and LTC/USD Technical Analysis November 15 2017

PRICE ANALYSIS
Please share if you find this article interesting. DASH/USD and LTC/USD Technical Analysis November 15 2017 Hello and welcome to News BTC’s Market Outlook November.[embedded content] DASH/USD DASH continues to go sideways, just above the $400 level. There is a lot of support just below, but I think the market may drift slightly lower to pick up momentum. That would be expected, because we have recently broken out over significant resistance. I suspect the $375 level is an area that will attract a lot of attention, as $350 will most certainly do as well. LTC/USD Litecoin continues to grind sideways near the $61 level, trying to break above the $62 level. I think at this point, the $58 level underneath his support, so if we can stay above there, this should continue to be a “buy