Screen-Shot-2015-10-19-at-3.44.16-PM.png

Litecoin Price Technical Analysis – Divergence at Channel Support – newsBTC

Litecoin Price Key Highlights Litecoin price has been gradually trending higher against the U.S. dollar, mostly due to the latter’s selloff in recent trading sessions. Price is currently testing the bottom of the ascending channel visible on its short-term time frame and might be due for a bounce. Litecoin price is on a steady uptrend[…]

Screen-Shot-2015-10-19-at-2.51.59-PM.png

Ethereum Price Technical Analysis – How Low Can It Go? – newsBTC

Ethereum Price Key Highlights Ethereum price is gaining downside momentum as it proceeds to create new record lows below 0.00211BTC. No reversal candlesticks are in sight just yet, indicating that the selloff could carry on. Ethereum price seems to be aiming for new lows, as more sellers hopped in on the recent break from consolidation.[…]

Screen-Shot-2015-10-16-at-2.21.58-PM.png

Litecoin Price Technical Analysis – Bears Getting Stronger! – newsBTC

Litecoin Price Key Highlights Litecoin price previously broke below a rising trend line support, indicating that a reversal from the recent climb is underway and that further losses are likely. Price showed follow-through with its bearish move, although a retracement to the broken support zone might still be possible later on. Litecoin price is still[…]

Screen-Shot-2015-10-16-at-1.12.54-PM.png

Ethereum Price Technical Analysis – Bearish Divergence Seen! – newsBTC

Key Highlights Ethereum price is still in the middle of a correction from its previous selloff, but technical signals are indicating that the downtrend is set to resume soon. A bearish divergence can be seen, as the pair formed lower highs while stochastic made slightly higher highs. Ethereum price could fall from the current resistance[…]

Screen-Shot-2015-10-15-at-1.37.22-PM.png

Ethereum Price Technical Analysis – Correction Brewing? – newsBTC

Ethereum Price Key Highlights Ethereum price made a strong break below a consolidation pattern and showed follow-through with its selloff to new record lows. Profit-taking seems to be taking place, opening the possibility of a correction to nearby resistance levels. Ethereum price appears to be bouncing off its recent lows and might be ready for[…]

litecoin7.png

Litecoin Price Technical Analysis for 15/10/2015 – Gross Underperformance – newsBTC

It is very uncommon to see that when Bitcoin rises by 2 percent, Litecoin would rise by a lesser magnitude. What is even rarer is to see Litecoin fall when Bitcoin market hits a new peak almost every day. And now is one such case. Litecoin is currently trading at $3.090, down 1.31 percent as[…]

Screen-Shot-2015-10-14-at-2.39.49-PM.png

Ethereum Price Technical Analysis – New Record Lows in Sight? – newsBTC

Ethereum Price Key Highlights Ethereum price has been able to sustain its downside momentum from yesterday’s break below the symmetrical triangle support visible on the 1-hour chart. Price has made its way to the next support area around 0.00240BTC, which coincides with its lows last month. Ethereum price is currently under heavy selling pressure after[…]

litecoin6.png

Litecoin Price Technical Analysis for 14/10/2015 – Another Shot At Resistance – newsBTC

Litecoin bulls are taking another shot at breaching the resistance after a session of profit booking. The resurgent bulls are driving their confidence from the rising Bitcoin market, which just topped $250 for the first time since August 19. Litecoin is currently trading at $3.131, up 1.82 percent. Image: https://www.tradingview.com/x/SciPH75o/ Even though Litecoin is holding[…]

litecoin5.png

Litecoin Price Technical Analysis for 13/10/2015 – A Decisive Drop? – newsBTC

Litecoin falls 1.47 percent to $3.075 after kissing the resistance at $3.130. In the previous Litecoin price technical analysis, we said that Litecoin could leapfrog to higher levels on consistent support from the buyers, but what we have got instead is a bout of profit booking which once pulled down the price to an intraday[…]

Screen-Shot-2015-10-12-at-2.14.02-PM.png

Ethereum Price Technical Analysis – Tight Consolidation, Breakout Looming? – newsBTC

Ethereum Price Key highlights Ethereum price is moving sideways on the 1-hour time frame, creating a triangle formation on the short-term chart. The path of least resistance is to the downside, as the longer-term downtrend is still intact. Ethereum price could find more downside momentum, pending a break below the support of the current consolidation[…]