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Topic: [2016-05-23]Bitcoin Price Watch; Looking Ahead to Asia (Read 248 times)

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Bitcoin Price Watch; Looking Ahead to Asia

We are heading into the close of the European session on Monday, and it’s time to sort out our strategy for this evening’s trading. In this morning’s analysis we highlighted a pretty wide range, and based it on the latest swing lows and swing highs that presented themselves over the weekend. When we published the analysis, the bitcoin price was trading just shy of resistance, and so our immediate bias was to the upside. Having said this, we also framed a downside entry, and the width of the range paved the way for a potential intrarange approach as well...

http://www.newsbtc.com/2016/05/23/bitcoin-price-watch-looking-ahead-asia/

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