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Bitcoin => Press => Topic started by: Blawpaw on March 17, 2016, 07:56:21 PM



Title: [2016-03-17]Bitcoin Price Watch; Channel Suggests Further Upside
Post by: Blawpaw on March 17, 2016, 07:56:21 PM
Bitcoin Price Watch; Channel Suggests Further Upside

Yesterday, in the second of our twice daily bitcoin price watch pieces, we zoomed out to a wider timeframe and took a look at the bigger picture – still intraday, just with a little more perspective. It revealed that the bitcoin price was trading within a relatively confined upward sloping channel, and that at the point of publication, we were somewhere mid range. This opened up the potential for a sustained move in either direction, and I turn, an entry according to our breakout strategy...

continue to read (http://www.newsbtc.com/2016/03/17/30367/)