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TrigID crowdsale opens 3. Sep 2018

Trigid crowdsale opens 3. Sep 2018

TrigID crowdsale opens 3. Sep 2018

Trigid crowdsale opens 3. Sep 2018

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This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to TokenMarket and TokenMarket has no involvement in it (including any technical support or promotion). Token sales listed from persons that TokenMarket has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and TokenMarket is not the seller of such Tokens. TokenMarket has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. Please refer to our website terms and conditions.

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Published at Thu, 09 Aug 2018 07:32:07 +0000

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Bitcoin Price Watch; Closing Out The Week

We are closing in on the end of a week that’s going to be remembered for some time by many in the bitcoin space. The bitcoin price broke through the $10,000 level – a level that many claimed it would never reach – and topped out above $11,000 before quickly falling back below the major threshold. Since then, we’ve had a degree of instability, with participants on both sides of the market seemingly unsure as to what happens next. There’s a strong chance we’ll see a return to the overarching upside momentum, of course, but how deep the current correction will go remains to be seen.

As we always say, however, whatever happens, we’re going to be on top of the markets with our short-term efforts.

So, with this all noted, let’s get some levels in place that we can use to try and draw a profit from the markets as and when things move. As ever, take a quick look at the chart below before we get started so as to get an idea where things stand and where we are looking to get in and out on any volatility. It’s a one-minute candlestick chart and it’s got our range overlaid in green.

As the chart shows, the range we are looking at for the session comes in as defined by support to the downside at 10438 and resistance to the upside at 10618. Standard breakout rules apply for the session, so we’ll be looking at jumping in long on a break above resistance towards an immediate upside target of 10680. Conversely, if price breaks below support, we’ll get into a short entry and target a downside level of 10380. Stops on both positions (somewhere around $15 or $20 the other side of the entry) will help ensure we are taken out of the trades if things turn against us.

Let’s see what happens.

Charts courtesy of Trading View

The post Bitcoin Price Watch; Closing Out The Week appeared first on NEWSBTC.

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