Christopher Lewis

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

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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 that … Continue reading ETH/USD and ETH/BTC Technical Analysis November 30 2017

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BTC/USD and BTC/JPY Technical Analysis November 27 2017

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Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin rallied slightly during the Friday trading session, as we tested the $8000 level for support. By bouncing from there, it looks as if we are ready to continue to bounce around between the $8000 handle on the bottom, and the $8400 level on the … Continue reading BTC/USD and BTC/JPY Technical Analysis November 27 2017

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ETH/USD and ETH/BTC Technical Analysis November 24 2017

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Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to explode to the upside, breaking will above the $400 level in thin trading during Thanksgiving Day. Because of the lack of volume, it didn’t take much to push the market higher. Look for pullbacks at this point as potential buying opportunities, as we … Continue reading ETH/USD and ETH/BTC Technical Analysis November 24 2017

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DASH/USD and LTC/USD Technical Analysis November 24 2017

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Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to look healthy, as we pulled back slightly during the day on Thursday, but found support at the $550 level. I believe that we are trying to build up enough momentum to finally clear the $600 level and stay above there, so we may … Continue reading DASH/USD and LTC/USD Technical Analysis November 24 2017

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DASH/USD and LTC/USD Technical Analysis November 22 2017

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Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to rocket to the upside, as we have fulfilled the move by Headley now several days ago. By breaking the top of the descending triangle, we have now reached the top of that triangle, and even broke above it. The $500 level of course … Continue reading DASH/USD and LTC/USD Technical Analysis November 22 2017

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ETH/USD and ETH/BTC Technical Analysis November 21 2017

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Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum broke through the $350 level over the weekend, and has since come back to retest that area several times. $350 is now looking to offer support, and therefore I think that we are ready to go back towards the $375 level over the short term. … Continue reading ETH/USD and ETH/BTC Technical Analysis November 21 2017

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ETH/USD and ETH/BTC Technical Analysis November 7 2017

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ETH/USD Ethereum continues to chop around in a large consolidation area, with minor support at $290, and even more important support at $272 underneath. Ultimately, I believe that breaking above the $316 level is what the market will eventually do, and once we get above that level, the market should continue to go towards the … Continue reading ETH/USD and ETH/BTC Technical Analysis November 7 2017

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DASH/USD and LTC/USD Technical Analysis November 7 2017

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DASH/USD DASH continues to go sideways overall, as we are in a relatively well-defined consolidation phase. Ultimately, looks as if the $250 level is going to continue to be massively supportive, while the $300 level will be significantly resistant. Ultimately, this is a “buy on the dip” type of market, but you should build a … Continue reading DASH/USD and LTC/USD Technical Analysis November 7 2017

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BTC/USD and BTC/JPY Technical Analysis November 7 2017

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BTC/USD Bitcoin has been reasonably flat over the last several sessions, but should find support near the $7000 level. The should line up nicely with the previous resistance line of the uptrend channel, so it’s likely that we should see plenty of buying pressure underneath. Bitcoin looks very healthy, but taking a bit of a … Continue reading BTC/USD and BTC/JPY Technical Analysis November 7 2017

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ETH/USD and ETH/BTC Technical Analysis November 3 2017

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ETH/USD Ethereum fell during the trading session on Thursday, breaking below the $290 level, and then testing the $275 level underneath. A bounce from there tested the $290 level, which of course is a very important level, as it was the bottom of consolidation, but it looks likely that we are entering a wider consolidated … Continue reading ETH/USD and ETH/BTC Technical Analysis November 3 2017

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