Bitcoin Price Watch; 700 In Focus To The Upside
Here's a look at what we are focusing on in the bitcoin price this morning. It is Friday morning, and the end of the week from our bitcoin price trading perspective. With this comes the opportunity to take a penultimate look at the markets, in an attempt to figure out what levels might be important today. In yesterday evening’s analysis, we set up a pretty tight range, and action overnight did not disappoint. We managed to get in a long entry on a break above resistance late in the evening, and the trade quickly ran to take out our target for a small gain. With any luck, we can get a rerun....
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Here's what we are looking at for tonight's bitcoin price watch, with a focus on our standard breakout strategy against a slightly altered framework. So the European session has now come to an end in the bitcoin price, and it’s time to publish our take on what action throughout today’s session suggests about what we are looking at for tonight’s session. It has been a pretty interesting 24 hours, with action overnight kicking off the beginnings of what turned out to be a pretty large, sustained upside move – and in doing so – giving us a couple of nice opportunities to get in to the upside....
So this morning we noted that we had hit 300 flat in the bitcoin price and that - as a result - our overarching bias was to the upside for today's European session. The session is now drawing to a close, and while we haven't seen an exorbitant amount of volatility, there has been some upside action. Action that, according to the rules of our intraday strategy, we have managed to take advantage of. With this said, and as we head into this evening and a fresh Asian session, what are the levels we are keeping an eye on, and where can we look to get into the markets on any further volatility....
Here's what were looking at tonight in the bitcoin price for our breakout strategy. In this morning’s bitcoin price watch piece, our primary focus was on the upside momentum we saw throughout the evening and Asian session on Tuesday, and how we could interpret this action as far as gaining insight into today’s volatility was concerned. We noted that – since we had seen some pretty sharp movements overnight – we may see a consolidation of the upside run this morning, as speculators took profits on their long entries. As things turned out, our expectations for some consolidation proved....
Here’s what we are focusing on for this evening's session in the bitcoin price. The weekend is pretty much upon us, and with it, we are drawing to a close yet another week’s worth of action in the bitcoin price, Our trading has been relatively subdued so far, primarily as a result of the lack of any real sustained momentum in the markets throughout the early days of this week. This doesn’t mean we haven’t been able to get into any positions however. Today’s action brought with it some solid upside action, and we were able to get in long a little earlier on this morning (pretty much....
Crypto analyst CasiTrades has indicated that the XRP price could drop to a final low before it begins its next leg to the upside. In line with this, she highlighted the target to watch out for as altcoin looks to end this downtrend and begin its recovery. Level To Watch As XRP Price Eyes Final […]