NextLevelCrypto

Weekend silence in the Bitcoin market

BITSTAMP:BTCUSD   بتكوين
Small movements appear currently in the market.

The buyers and sellers don´t argue about the price and found an equilibrium.

We can see two trading ranges: a wide range and a small range.

The price is in the small range right now. So we as traders have two upcoming opportunities: to long or to short the price at the boundaries.

It is always risky, so a good risk management is important.

My first target would be the wide range´s boundary.

Probably the weekend will be quiet, so i don´t expect big moves right now or on Sunday.
On Monday a new week starts and the forces will clash once again.


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