Bitcoin Price Live Trade Closed: Now What?
So we've got a fresh day's trading ahead of us in the bitcoin price today, and after the rollercoaster couple of weeks we've experienced as late, its become a bit difficult to form an intraday bias (at least from an overarching momentum perspective). With this said, however, our intraday strategy doesn't necessitate a bias - we can bring our breakout strategy into play and use this take advantage of volatility either side of current action. So, moving forward into today's session, what are the levels that we are keeping an eye on in the bitcoin price today, and where will we look to get in....
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Here's what we are looking at for today's European morning session in the bitcoin price, and a look at a live trade we entered last night. So today we’re going to mix things up a little bit and kick off this analysis with a chart. The one below shows action overnight in the bitcoin price, and illustrates a long trade that signaled entry during early Asia, and one which we currently hold as a live position. As the chart shows, we got in on a break of the level we slated as in term resistance in yesterday’s second analysis, and initially saw the bitcoin price run up towards our predefined....
Here's how our live bitcoin price trade is playing out, and what we are focusing on for this evening's session going forward. So the European session is about to draw to a close for the day on Tuesday, and it is time to take a look at what bitcoin price action gave us today and – in turn – how we can interpret this action and carry this interpretation forward as an actionable strategy tonight. In this morning’s bitcoin price analysis, we noted that rice had corrected from overnight (and week to date) highs, and that we could use this correction as a range parameter. Further, we said we....
We have just completed designing and building NewsBTC's Live Trading Room, which will be live for all of our readers within the next week. NewsBTC's Live Trading Room, as the name implies, will be a cryptocurrency live trading room that will include a webinar platform that will be used to execute live cryptocurrency trades. We will trade Bitcoin for Fiat; trade altcoins for BTC (altcoin flipping); trade some Forex crypto pairs and we will even go further to trade some stock on Wall Street and NASDAQ using cryptocurrencies. We will hold 3-5 live hourly webinars per week, throughout which we....
The live repo trade used a blockchain application built in-house, as well as the bank's JPM Coin.
Here's a look at what we are focusing on in the bitcoin price this evening. Right now we are in a live trade in the bitcoin price. Action earlier today broke through our predefined in term support level, and we got in to a short entry towards an immediate downside target of 720 flat. We pretty much hit the target about an hour ago, but the nature of bid-ask means we’ve got to run through it a little bit before our take profit is activated, and price bounced just a few cents short of this threshold. We now trade pretty close to entry, and are flirting with a stop loss hit if things don’t....