Analyst Reveals Bitcoin Strategy With 250% Potential Upside — Key Entry Level...

Here's what we're looking at in the bitcoin price today. In yesterday’s bitcoin price analysis, we focused on a head and shoulders pattern (inverse) that was forming on the intraday charts. The pattern suggested that – on completion via the breaking of the neckline – the pattern would give us a target of about $10 north of entry. We did get the break, and entered long as per our strategy. Post-entry, the bitcoin price gained strength, and we ran up towards our target. Unfortunately, before our target struck, price reversed and we ran back down through the entry level to take out our stop....

Crypto analyst ProjectSyndicate has made a bullish case for the XRP price, which he predicts could record 40% gains soon enough. The analyst also revealed the price level, which he believes is ideal for market participants to buy and hold XRP.  XRP Price Eyes 40% Gains As Analyst Reveals Key Level In a TradingView post, ProjectSyndicate predicted that the XRP price could witness a 40% move to the upside soon enough. This came following his analysis of XRP’s 4-hour chart. He noted that the outlook remains bullish despite the current pullback in progress. The analyst added that buying low is....

Sometimes, when it comes to intraday trading, things just go right. We can have weeks of small gains or losses, and then all of a sudden a string of decent scale wins come along. This is why patience (and a consistent strategy) is so important. This week has been a great example of the latter situation. Each day we have seen our range and breakout strategy signal an entry, and then seen the bitcoin price validate that entry with a target hit. Yesterday was no different - and as we head into a fresh session on Friday in Europe, we are looking to end the week on a high. So, with this said,....

A little earlier on today we published in our bitcoin price watch piece the levels we were looking to get into in the bitcoin market. We noted that if we got a continuation of the volatility we have seen so far this week, we would look to get in according to our intraday strategy (breakout, risk pre-defined) and try and draw a scalp profit from the momentum. Action has now matured across the European session, and as we head into a fresh Asian session, what are the levels we are looking to trade in the bitcoin price this evening, and what has today's action told us about any potential....

As we head into a fresh week's trading in the bitcoin price, what are the levels we are watching, and where are we looking to get in and out of the markets according to our intraday strategy? Further, how did action over the weekend play out in response to our predefined strategy? Take a quick look at the chart to see what we are looking at today. As the chart shows, the two key levels for today's session are in term support at 320.39 to the downside, and in term resistance at 325.40 to the upside. These will be the levels that define our entries during today's European session, and....