Bitcoin Price Watch; Widened Out For The Weekend
Here are the levels we are looking to trade in the bitcoin price this morning out of Europe. In yesterday evening’s analysis, our primary focus was a relatively tight scalp range, and more specifically, how we would approach our intraday strategy using this range in order to take advantage of any overnight volatility. We suggested that – as a result the large decline we saw early yesterday morning – action might consolidate somewhat, and in doing so, prime itself for a relatively sharp move. Action has now matured overnight, and with the bitcoin price being so up and down across the last....
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Here's how we are approaching the final session of the week in the bitcoin price, and what we are looking to trade over the weekend. In this morning’s analysis, it looked as though we would be able to implement a pretty tight range and draw profit from any volatility on the breaking out of this range. Having widened this back out again to a more apt timeframe (when compared to yesterday evening’s session) we set up our parameters and risk management setting in anticipation of an entry. As things turned out, we did get an entry, but it didn’t work out exactly as we’d hoped. Take a quick....
At the end of last week, we widened out our range a little bit and headed into the weekend looking to draw on our intra range strategy in order to take advantage of volatility in the bitcoin price. Action has now matured over the weekend, and as we head into a fresh European week, we are going to revert back to out standard bitcoin price breakout strategy for today's session. So, with this said, here are the levels we are keeping an eye on today, alongside our predefined risk management parameters for the session. Take a quick look at the chart to get an idea of where we are heading. As....
At the end of last week, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted a few of the key levels that we would be keeping an eye on in the bitcoin price over the weekend, and suggested how we would respond to price breaking or reaching these levels as far as entering on our intraday scalp strategy was concerned. Now action has matured over the weekend and we have seen quite a lot of volatility so, with this said, what are we watching today, and how might we draw profit from the market throughout the European session? Take a quick look at the chart. As....
A little earlier on this morning, we published our twice daily bitcoin price watch piece. In the piece we outlined the levels we were looking to watch in the bitcoin market throughout Friday's session, and stated that - if we got the volatility we were looking for - we would look to enter according to our breakout strategy in an attempt to draw a short term scalp profit on the action. Action has now matured throughout the day, and we are heading into the close of the European session and the beginning of the weekend. In the majority of other financial assets, markets would be pitching to....
Here's what we are looking at for the weekend sessions in the bitcoin price So that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same. Price action today....