Bitcoin Price Watch; Weekend Volatility!
Here's a look at what we are focusing on in the bitcoin price this morning. Here we go then. Another week’s worth of trading under our belt in the bitcoin price, and a fresh week ahead of us. At the end of last week, we set up against some slightly wider than normal weekend action. We looked at the hourly charts as opposed to the minute charts, and put a framework in place that was designed to take advantage of any longer-term weekend volatility – that is, something slightly outside of the traditional intraday momentum. As things turned out, this strategy worked pretty well. Action over....
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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....
A little earlier on this morning, we published our twice daily bitcoin price watch piece. In the piece we outlined the levels we were looking to watch in the bitcoin market throughout Friday's session, and stated that - if we got the volatility we were looking for - we would look to enter according to our breakout strategy in an attempt to draw a short term scalp profit on the action. Action has now matured throughout the day, and we are heading into the close of the European session and the beginning of the weekend. In the majority of other financial assets, markets would be pitching to....
Here’s what we are focusing on for this morning’s session in the bitcoin price. Well, we have come to the end of the week in the bitcoin price, and it’s time for our penultimate price watch analysis. It’s Friday morning, and a look back at action across the week so far shows a pretty flat few days, with intermittent spikes of volatility, but nothing to write home about. With any luck, as we head into this weekend, there will be some sustained momentum that we can get on the back of and ride out to a profit. This isn’t guaranteed, but those who have followed our analysis across the last few....
Here's what we are looking at for the weekend sessions in the bitcoin price So that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same. Price action today....
Here's what we are looking to trade in the bitcoin price as we head into the weekend. Stops, targets and entries included. In this morning’s bitcoin price watch article, we noted that the range we were focusing on in the bitcoin price was probably a little too tight to bring an intrarange strategy into the equation, but for an aggressive trader, it would probably be possible to draw a profit under some strict risk management parameters. We also discussed some breakout entries, and outlined a few key levels that we would look to take a position at if, and when, the bitcoin price closed....