http://www.newsbtc.com/2017/07/31/bitcoin-price-watch-trading-crossover/Another day done in out bitcoin price trading efforts and it’s been a pretty decent one out of Europe. Things started off pretty slow (when we first opened the week with our initial coverage this morning) but once the European session got underway price action picked up and we were able to get in and out for some pretty clean entries before lunch. The US session is about to take the reigns and – as we’ve mentioned a few times in the past – the crossover period between the US and Europe can often bring with it a degree of volatility based on the additional trading volume.
As such, we want to make sure that we’re ready to jump in and out as and when price moves, assuming it breaks through one of our predefined key levels and gives us an entry point. So, with this noted, let’s get things in place for the session tonight. As ever, take a quick look at the chart below to get an idea of where we are looking to get in and out as action matures this evening. It’s a one-minute candlestick chart and it’s got our key range overlaid in red.
A trading analysis does not actually have anything scientific.
It is not a question of applying a formula and poof! We're all rich cool
If you do not understand the technical analysis, I invite you to learn about the definition of speculation.
After the TA is like for everything ... when it does not work we are looking for why (the Guide of Life 101).
I don't think there are many pros here, so we make each to our sauce, the ideal being with good humor and sharing.
