NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Bitcoin Price Watch; Profit on the Cards – NEWSBTC

Samuel Rae
Samuel Rae
1 year ago
2 mins read
Trend

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

That’s another day done, and once again it’s been a pretty interesting day of trading in the bitcoin price from an intraday perspective. Price just keeps giving us opportunities to get in and out of the markets, and our strategy has been ready to take advantage of these opportunities on pretty much every signal. We’ve had a couple of crossovers, so every box isn’t ticked, but when we compare action over this week and last to action at the end of September/early October, it’s night and day.

We’re not done yet.

The European session might be over, but we’ve got plenty of US action to go, and the Asian session won’t be far behind. So, with this in mind, and as we head into the just mentioned periods, here’s what we’re chasing.

The chart below shows our key levels, and shows action from somewhere in the region of the last twelve hours in the bitcoin price.

screen-shot-2016-11-02-at-19-09-06

As the chart shows, our range in focus for this evening’s session is defined by in term support to the downside at 729 and in term resistance to the upside at 737.

These levels are just about wide enough for us to go at rice with an intrarange strategy, but we are going to focus on breakout alone for now, purely based on the fact that that is the way price seems to be responding to key levels right now. This may alter if things flatten out.

So, if we see price break through resistance, we will look for a close above that level to validate an upside target of 745.

Conversely, a close below support will signal short towards 720. A stop loss on both positions a few dollars either side of the entry should help to keep risk nice and tightly defined.

Happy trading!

Charts courtesy of SimpleFX

Tweet123Share196ShareSend
Samuel Rae
Samuel Rae

Samuel Rae

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP Bulls Poised

XRP Bulls Poised – $3.12 Break Might Start Strong Upswing

XRP price started a fresh increase above the $3.020 resistance. The price is now showing positive signs and might gain...

Aayush Jindal 2 hours ago
Solana

FalconX Moves 413K Solana Worth $98M – Impact On SOL Price

According to on-chain alerts, FalconX pulled 413,075 SOL from major exchanges over an eight-hour stretch, valued at about $98.4 million....

Christian Encila 2 hours ago
Ethereum Price Recovery Strong

Ethereum Price Recovery Strong – Major Resistance Test Coming Next

Ethereum price started a fresh increase above $4,520. ETH is now showing positive signs and might attempt to clear the...

Aayush Jindal 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin Whales

Dogecoin Down 13% As Whales Distribute $181 Million In DOGE

Keshav Verma 9 minutes ago
ethereum

Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest

Ash Tiwari 1 hour ago
BNB Price Rally Nears $1,000

BNB Price Rally Nears $1,000 – Can Bulls Push Even Higher?

Aayush Jindal 1 hour ago

Premium Sponsors

Press Releases

  • 3 нискокапитализирани алткойна...

    13 hours ago
  • Топ алткойни за купуване, докато цената на Solana се доближава до исторически връх

    Топ алткойни за купуване, докато...

    16 hours ago
  • Najlepšie altcoiny na kúpu, kým cena Solany dosahuje...

    17 hours ago
  • ドージコイン 今後:ETF上場前の蓄積と価格分析が示す「事実売り」の可能性

    ドージコイン...

    17 hours ago
  • リップル 今後の行方:FOMC前に3ドルを維持、クジラが大量売却

    リップル...

    18 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.