Bitcoin Price Watch: Here's What We're Watching
Once again, we enter a fresh weeks' trading in the bitcoin market. Its been a strange few weeks, and with all the volatility we have experienced, it would be easy to say lets just sit out of today's action and wait until things settle down a bit. No fun in that, however. Volatility brings breakouts, and breakouts bring us entry signals. It might be getting difficult to form a directional bias, but that doesn't mean we cant predefine our levels and let price action dictate our entries. So, with this said, and as we head into today's European session, what are the levels we are watching in....
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Yesterday afternoon, we published our twice-daily bitcoin price watch piece, highlighting the levels that we had been watching during today's session, and suggesting a couple of key levels that we will be keeping an eye on as we entered into Thursday evening and beyond. Now action has matured overnight, and Though we have not seen considerable movement in the bitcoin price, our key levels have changed from those we were watching last night. With this said, what are we watching now, and how can we play price action as we head into the European Friday morning session? Take a quick look at....
On Thursday evening, shortly before the markets closed in Europe, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted levels that we were watching throughout the Asian session on Thursday evening, and suggested how we would get in and out markets according to our intraday breakout strategy if we reached broke the levels that we were keeping an eye on. Now action has matured overnight, and the bitcoin price has carved out fresh set of key levels to watch. With this said, what of levels that we are watching today, and how might we get in and out of the....
In this morning's bitcoin price watch piece we highlighted the levels that we were keeping an eye on throughout today's European session. Action has now matured throughout the day and - at a time when global markets are breaking to the downside - there has been plenty of volatility in the bitcoin price. As we head into a fresh Asian session, what are the levels we are watching tonight, and where will we be looking to get in and out of the markets according to our intraday strategy if we get a repeat of European volatility? Take a quick look at the chart. As the chart shows, action today....
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Following yesterday's European session in the bitcoin price, we reported our twice-daily interpretation of price action, and offered up the levels that we would be keeping an eye on in the BTCUSD as the US afternoon session took hold and bitcoin price action matured throughout the day. We are now about to kick off another day's trading in bitcoin, and action overnight has presenters with a couple of fresh key levels that our traders will be watching closely for bias inference this morning. This said, what did action tell about the likely short-term direction in the bitcoin price, and what....