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Topic: [2016-08-25]Bitcoin Price Watch; Stop Hit! (Read 295 times)

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August 25, 2016, 05:16:00 PM
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Bitcoin Price Watch; Stop Hit!

The European session has now drawn to a close, and it’s time to take a look at the action we saw in the bitcoin price throughout the day, and see if we can use that action to put together a strategy for this evening out of the US, and beyond, into Asia. Once again, it’s been a pretty tough day. Last night we noted that we got taken out on choppy action by a stop loss hit on a short position. It wasn’t a crippling loss (that’s why our stops are in place, after all) but it was...

http://www.newsbtc.com/2016/08/25/bitcoin-price-watch-stop-hit/
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