Bitcoin Price Watch; Scalping the Morning Session
Here's a look at what we are focusing on in the bitcoin price this morning. For this morning’s analysis, we’re going to shift back to the fifteen minute charts from the five, just so as we can get a little bit of perspective on the bitcoin price action seen last night. Over the last few days, things have been relatively active, and during yesterday’s session we got taken out of a trade on a stop loss hit primarily as a result of this activeness, but overnight things seem to have settled down a little. Price initially broke to the downside shortly after we published our analysis, but not....
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Earlier this morning we published our twice-dailybitcoin price watch piece to highlight the levels that we were watching in the bitcoin price throughout Tuesday's European session. The session has now come to a close, and we have seen quite a lot of volatility as action has matured throughout the day. With this said, do we expect this volatility to continue through to this evening, and how will we be looking to get into the markets if it does? Take a quick look at the chart. As you see, having bounced from floors of 234 earlier this morning, the bitcoin price gained strength to break what....
So this morning in our twice-daily bitcoin price watch piece, we published a chart that highlighted the levels we were watching during today's session. The main premise of this morning's analysis was the fact that - with the tight action we have seen over the last few days - we had to employ an intraday scalping strategy rather than our more traditional wide range breakout strategy. Action has now matured throughout the European session on Tuesday, and - as we head into a fresh evening's trading - how did our strategy fare, and where will be looking to get in and out of the markets this....
Here's a look at what we are focusing on in the bitcoin price this evening. Okay, that’s the European session done for today, let’s move on to the US afternoon and – beyond that – into the Asian session tonight. The bitcoin price has been relatively flat throughout the majority of the day, and we ended up getting chopped out of a trade earlier on this morning. It is not a great way to kick off the week, but it is not terrible, and we have to accept some losses now and again. Let’s hope we have got them out the way early, and that going forward, we can recuperate the lost capital and more.....
Here's a look at what we are focusing on in the bitcoin price this morning. It is Wednesday morning, and time to take a look at what happened to the bitcoin price over the night, and how we can interpret this action moving into today’s European session. Yesterday evening, we noted that price has being pretty flat for the majority of the week, and that as a result, we haven’t really had that many opportunities to get into the market. We also noted that this might just be a consolidation phase, and that we could see an unwinding of the consolidation midterm if we get any volume. Volume....
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....