Archive | Bitcoin Trading

Ripple Price Technical Analysis – XRP/USD To Decline Further

  Key Highlights Ripple price is struggling to remain above the $0.2400 support and moved below $0.2380 against the US Dollar. This is a major bearish trend line forming with resistance at $0.2450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might decline further and it could even test […]

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Bitcoin Price Technical Analysis for 12/06/2017 – Approaching Full Extension

  Bitcoin Price Key Highlights Bitcoin price has successfully broken to new highs and is setting its sights on the full extension of the latest move. Price has also surged past the 76.4% extension and a couple of technical indicators show that the climb could go on. The full extension is located at $12,689.54 at […]

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Ripple Price Technical Analysis – XRP/USD Approaching Breakout

  Key Highlights Ripple price is trading in a contracting range with support near $0.2440 against the US Dollar. Yesterday’s highlighted short-term contracting triangle with current support near $0.2440 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might soon break the triangle for the next wave either […]

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Bitcoin Cash Price Technical Analysis – BCH/USD Dips Remain Limited

  Key Points Bitcoin cash price stayed above the $1440-20 support area against the US Dollar and is showing positive signs. There are two bullish trend lines forming with support near $1460 on the hourly chart of BCH/USD (data feed from Kraken). The price might not decline much from the current levels and remain supported […]

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Bitcoin Cash Price Technical Analysis – BCH/USD’s Uptrend Intact

  Key Points Bitcoin cash price is moving nicely in the bullish zone above the $1450 support against the US Dollar. There is a major ascending channel forming with support at $1475 on the hourly chart of BCH/USD (data feed from Kraken). The price is moving in an uptrend and downsides remains supported near $1480 […]

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Bitcoin Price Watch; Trading The Repeating Levels

  Our more regular readers will likely be familiar with the idea of repeating key levels. That is, the same levels popping up over and over again in the bitcoin price and proving crucial to sentiment when price is in and around them. Of course, major psychological levels such as round numbers fall into this […]

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ALT COINS ARE TESTING KEY SUPPORT LEVELS

  Compared to other alt coins, DASH has been resilient and is making higher highs. NEO and NEM on the other hand are rebounding from key support levels and should NEO break below that level then it will herald a new phase of bears. On the other hand NEM traders should watch out $0.20 support. […]

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Bitcoin Price Technical Analysis for 12/01/2017 – Short-Term Downtrend

  Bitcoin Price Key Highlights Bitcoin price is starting to trend lower as more traders book profits off the recent rallies. Price is trading inside a descending channel on the 1-hour time frame and is testing resistance. If it continues to hold, the selloff could resume back to the channel support around $8400. Bitcoin price […]

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Ethereum Remains Above Key Support After Breaking $500

  Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. ETH/USD Technical Analysis ETH/USD reached a new high of $480 last […]

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ETH/USD and ETH/BTC Technical Analysis November 30 2017

  Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum broke out during the trading session on Wednesday, clearing the $500 level. It now looks as if we are going to continue to find buyers in the Ethereum market on dips, and we should continue to go much higher. Given enough time, I believe […]

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ETH/USD and ETH/BTC Technical Analysis November 29 2017

  Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to go sideways against the US dollar, hovering above the $460 level. I think that Ethereum is essentially waiting for Bitcoin to break above the $10,000 level to feel confident enough to make a serious go at the $500 level. Pullbacks should continue […]

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Ethereum Price Technical Analysis – ETH/USD Consolidating Gains

  Key Highlights ETH price is trading with a positive bias and is holding the $465 support area against the US Dollar. There is a major bullish trend line forming with support at $465 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and it could soon […]

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