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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • 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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Price Watch; Back In Action 2017-02-21

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.

Okay, here we go, it is Tuesday, and our bitcoin price trading strategy is in full swing. Things were relatively flat yesterday, and this meant that we weren’t able to get into any real opportunities, but overnight, things started to pick up, and we – as predicted – were able to take advantage of some movement out of the Asian session initiation.

With any luck, we are going to get more of the same during today’s European session.

The US markets will open again for business today after the extended weekend, and this should result in some added volatility for the late European and evening sessions later on.

So, what happened overnight?

Well, price broke through our predefined resistance level to the upside, and we were able to get in to a long position towards our predefined target on the break. It was only a quick turnaround trade (our range was relatively tight) but a profit is a profit, and it gets us back into a nice swing of momentum.

So, as we move forward into today’s session, where are we looking to get in and out of the markets, and what will we look to use as our key levels going forward? Let’s take a look.

As ever, take a look at the chart below to get an idea of what is on.

As the chart shows, the range in focus for today’s session is defined by support to the downside at 1063 and resistance to the upside at 1073. A nice solid $10 range.

A run through resistance will put us on the watch for a close above that level, and if we get that close, it will signal a long entry towards an upside target of 1085. Conversely, a close below support will signal short towards 1053. A stop loss on both trades just the other side of the entry will ensure we are taken out of the position in the event of a bias reversal.

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

Solana (SOL) Nosedives

Solana (SOL) Nosedives – Traders Fear More Pain Could Be Ahead

Solana started a fresh decline from the $232 zone. SOL price is now showing bearish signs and might even decline...

Aayush Jindal 4 hours ago
XRP Price Faces Pressure

XRP Price Faces Pressure – Another Dip Raises Concerns Of Extended Decline

XRP price attempted a recovery wave above the $2.850 zone but failed. The price is again moving lower and might...

Aayush Jindal 5 hours ago
TAO, Solana, SUI, chainlink

SUI Retest Ascending Triangle Support Amid 8% Drop – Bounce Or Breakdown Next?

SUI is attempting to hold a crucial area as support amid the recent market downturn. Some analysts suggest the altcoin’s...

Rubmar Garcia 6 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

Maxi Doge’s $2.5M Presale Hits the Spotlight as XRP Loses 6% and Bitcoin Falls Below $109K

Maxi Doge’s $2.5M Presale Hits the Spotlight as XRP Loses 6% and Bitcoin Falls Below $109K

Aaron Walker 45 minutes ago
Bitcoin price news

Bitcoin On The Brink: Analyst Warns This Key Level Must Hold

Jake Simmons 2 hours ago
Dogecoin

Dogecoin (DOGE) On The Brink Of A Major Breakout: 800% Rally In Sight

Ronaldo Marquez 3 hours ago

Premium Sponsors

Press Releases

  • Тази алтернатива на Shiba Inu (SHIB) ще надмине очакванията през следващите седмици и нейната цена ще се повиши от 0,15 до 15 долара.

    Тази алтернатива на Shiba Inu (SHIB) ще...

    16 minutes ago
  • Această alternativă la Shiba Inu (SHIB) va depăși așteptările în săptămânile următoare, iar prețul său este prognozat să crească de la 0,15 la 15 dolari.

    Această alternativă la Shiba Inu (SHIB) va depăși...

    27 minutes ago
  • Useless Coin (USELESS)

    Useless Coin (USELESS) lại bùng nổ khi mùa meme coin...

    38 minutes ago
  • bitcoin hyper presale

    Chuyên gia hàng đầu nhận định Bitcoin Hyper là...

    45 minutes ago
  • Top 3 Altcoin

    Dự đoán giá Cardano năm 2025, hai alt coin khác...

    55 minutes 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.