Bitcoin Price Watch; Ending The Week On A High
Here's a look at what we are focusing on in the bitcoin price this morning. Well, here we go, the first of our final two analyses of the bitcoin price this week. As we have said on a number of occasions, price has been really volatile this week, and as a result, we have had plenty of opportunities to get in and out of the markets according to our intraday strategy. Both our breakout strategy and our intrarange strategy have come into play at various points in time, and with any luck, we will be able to bring both into play one final time this week and end the week on a high. So, with this....
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Here's what we are looking to trade in this evening's bitcoin price on Friday. In this morning’s bitcoin price watch analysis, we suggested that we would like to see three things this by afternoon. First, a successful completion of our ongoing long trade. Second, a breakout on which we could get into a position, with the assumption being that this would be a long position and an upside break, if we were also going to fulfill item one. Third, a sustained move I the direction of our entry that would see us hit our target, and take us out of the trade for a profit as we headed into the....
Here's a look at what we are focusing on in the bitcoin price this evening. Finally, some action. It’s taken until the end of the week to come to fruition, and it’s meant we’ve had a pretty boring week from an intraday bitcoin price trading perspective, but we’ve finally been given an entry opportunity and it’s we managed to take it for a profit. This means that – assuming we manage to hold on to our advantage through the US afternoon session that is currently in play, we are going to end the week net up on the markets. Beyond that, as we head into the weekend, we’re looking for an entry....
Here's what we are looking to trade in the bitcoin price on Friday morning out of Europe. So we’ve come to the end of the week, and its time to take a look back at how our intraday bitcoin price watch strategy performed against recent action. It has been a pretty wild week, especially when compared to some of the weeks we’ve had of late, so there has been plenty to go at from a breakout perspective. Specifically, we managed to get into the two upside runs – one at the beginning of the week that saw price break the 650 flat mark and then one just yesterday (well, Wednesday Asian session if....
Here's a look at what we are focusing on in the bitcoin price this morning. Right then. We’re closing in on the end of the week, and it is time to start securing our bitcoin price takings with a view to ending the week on a net positive note. We’ve had a little bit of luck so far this week, getting in and out according to the rules of our breakout strategy, but we’ve also been chopped out on occasion on the intrarange side of things. For the last couple of days, however, there’s been a noticeable trend, with price edging to the upside, making higher highs and higher lows on the five-minute....
A fractal from 2018-2019 repeating could spell trouble for XRP's long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022.Why the XRP/USD 50-week EMA is keyOn Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving average (50-week EMA; the red wave) around $0.833. The upside move, albeit not decisive, opened possibilities for further bullish momentum, mainly owing to a historical buying sentiment around the said wave.XRP/USD weekly price chart featuring 50-week EMA.....