Bitcoin Price Watch: Here's What's On Today
In today's Bitcoin price watch piece, we are going to mix things up a bit. We will incorporate a combination of our intraday and our breakout strategies, with the goal of getting in to a trade regardless of what type of action we see in the Bitcoin market. It was a pretty tough night, with choppy action putting us in to a short trade early this morning, but the price quickly reversed to trade back within range and take out our stop for a small loss. As we head into today's session, however, this means we are free to get into a fresh position. So, with this said, here are the levels we are....
Related News
Earlier this morning, we published the first of our two bitcoin price watch pieces highlighting the downside break we saw in the markets overnight, and suggesting that - in response to the bitcoin price returning to trade within our predefined range - we would maintain the levels we had previously slated as the ones to watch for today's European session. Action has now matured throughout the session, and has been relatively lackluster from a volatility perspective. With this said, and as we head into the Asian session, here's what we are looking at tonight. Take a quick look at the chart....
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....
Earlier this morning we published a bitcoin price watch article that outlined the approach we would be taking throughout today's European session. Action has now matured throughout the day and, as we head into the Asian session this evening, how did our strategy play out, did we manage to get in and out of the markets, and where will we be looking to implement our entries heading into the weekend? Take a quick look at the chart below. As you can see, today's action has been pretty much range bound, between the parameters we highlighted this morning as being the ones to keep an eye on.....
So they were going to do something little bit different in our twice-daily bitcoin price watch piece. Over the past week we have pointed out that action in the bitcoin price has been relatively muted, and that it has not been enough to get us in or out of the markets according to our breakout strategy. Even tighter action scalp strategy has failed to really generate any market action, and so during today's session, we will focus solely on our intra-range strategy. Overnight, we did see some old and down movement during the Asian session, and so there is a chance that - by focusing on the....
Yesterday afternoon we saw the bitcoin price breakout of its intraday range (the parameters of which we highlighted in the mornings bitcoin price watch piece), and we published our analysis shortly before the markets closed in Europe offering up the levels we were keeping an eye on in the bitcoin price overnight and what the breaking of these levels would mean as far as our intraday positions were concerned. Now action has matured, we have a few new levels to watch. What are these levels, and how might we enter a position in the BTCUSD today? Take a quick look at the chart. As you can see,....