Bitcoin Price Watch; Profit Taken Overnight
Here's what we are focusing on for this Wednesday morning's session in the bitcoin price, and a look at what happened overnight. It’s early Wednesday morning, and about time for the first of our twice-daily bitcoin price watch analyses. During yesterday’s session, we got some pretty sharp movements, and managed to enter short according to our breakout strategy on the upward sloping triangle. The trade closed out for profit shortly before markets closed in Europe, giving us a clean slate with which to enter the evening session out of the US and, beyond that, Asia. Action has now matured....
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Late yesterday evening, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted the levels that we were watching throughout the Asian session on Wednesday evening, and suggested how we would respond to price reaching these levels as far as getting in according to our intraday bitcoin price watch strategy was concerned. Now action has matured overnight, what are the levels that we are keeping an eye on in the bitcoin price today, and is there further profit to be drawn from either our intraday breakout strategy or our scalping strategy or an intra-range method?....
Yesterday afternoon, shortly before the markets closed in the UK, we published our bitcoin price watch piece highlighting the levels we would be keeping an eye on in the BTCUSD as the bitcoin price matured overnight. We've seen some considerable movement throughout this maturity, and our parameters - in terms of levels to watch - have changed. With this said, what happened overnight, and what will action around particular levels tells about a potential intraday bias as we head into a fresh day of trading? Take a quick look at the chart. As you can see, action in the bitcoin price overnight....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Thursday morning, and we are about to head into a fresh session out of Europe. In last night’s bitcoin price analysis, we noted that price had broken to the upside and that – as a result – things looked good for some further upside momentum. We tentatively slated 800 as a level to watch on the horizon, with that being the next major psychological target, but we also pinned a couple of nearer term levels as being ones to watch, with the goal of taking out a few profit targets on the way up to the big eight oh....
Here's a look at the conclusion of a live trade in the bitcoin price, and what's on today. So we’ve come to the end of yet another week’s intraday trading in the bitcoin price space, and it’s been a pretty interesting one. We’ve had breakouts on our traditional ranges, some scalp entries, and some not particularly fond memories of quick stop hits. In yesterday’s second analysis, we discussed the fact that we were shifting to the narrower timeframe, and in turn, the narrower range, in an attempt to pick up a quick profit from some overnight volatility. We set our parameters (targets and....
So yesterday evening in our twice daily bitcoin price watch piece, we highlighted the levels that we were pitching to keep an eye on during Tuesday's Asian session. We suggested that - if we got any overnight volatility - we would look to get in and out of the markets according to our intraday strategy. Action has now matured overnight and as we head into a fresh day in Europe, here are the levels we are looking at this morning. First up, take a quick look at the chart to get an idea of recent action. As the chart illustrates action overnight saw the bitcoin price remain constricted....