Bitcoin Price Watch; Here’s What’s On Today

It’s Tuesday morning, and we’ve had a pretty interesting start to the week. Things flattened out toward the end of last week, and as the weekend rolled by it looked like we may just get a continuation of the flat action. By the open of play on Monday, however, things were looking a little more active. The activity carried through the Monday session, and we got chopped out a couple of times on some erroneous entries. Overnight was a little easier on us, and we managed to get in for a decent gain on a breakout scalp position.

So, as we head into a fresh European session today, how are we expecting things to play out? Let’s take a look.

As ever, take a quick look at the chart below to get an idea of what we are focusing on. It’s an intraday, five-minute candlestick chart with the last twelve hours or so worth of action displayed. Our range for the European morning session is displayed in green. Screen Shot 2016-08-30 at 12.48.47

Screen Shot 2016-08-30 at 12.48.47

As the chart shows, we are looking at an intraday range

Read more ... source: TheBitcoinNews