Every so often, we will set up our key levels in the bitcoin price market on a particular day, and – as price plays out over the next few days – we will see them hold firm over and over again. While this can help us in our trading, it is also a nice confirmation that our level placement is on point, and instills confidence in our strategy going forward. We are now on Friday evening, and about to head into what looks to be something of an uncertain weekend. As such, confidence in our key levels is a good thing. The bitcoin price has been up and down this week, with breakouts in both directions, and we have tightened up our parameters over the last few days in an attempt to limit our exposure to said volatility. So, with this said, and as we head into the weekend, what are the levels we are looking at in the markets tonight, and where will we look to get in and out of the markets if we get a rerun of the volatility we have seen over the last few days? Take a quick look at the chart below to get an idea of tonight’s range.
http://www.newsbtc.com/2015/12/18/bitcoin-price-up-gains-this-weekend/
Topic: [2015-12-18] newsbtc.com : Bitcoin Price Up; Gains This Weekend? (Read 234 times)
Jump to: