Bitcoin Price Watch; Scalping The Range
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.....
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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?....
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....
Here's what we are focusing on for today's session in the bitcoin price - Tuesday morning out of Europe. Overnight action in the bitcoin price was pretty weak, as relatively low volume weighed on volatility. In response, and in an attempt to draw a profit from any volatility we get out of today’s session, we’re going to look at a tighter range, narrow things up a bit, and go for the scalp strategy. Scalping has worked well for us across the last quarter, and with action as it is at present (especially during the week) it looks like a good approach moving forward. So, with this in mind,....
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....
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....