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July 10, 2018

FBS Digest - Bitcoin trading strategy & 5 techniques to find 'Support' and 'Resistance'

Strategies for successful Bitcoin trading.

This article is originally referred from FBS Digest.

Coming up this week:

  • Strategies for trading Bitcoin and other cryptocurrencies
  • 5 techniques to find support and resistance levels

Bitcoin Trading Strategies

The hype around cryptocurrencies continues unabated.

Bitcoin always makes great swings no matter whether it’s rising or falling.

It gives traders the opportunity to make a really big profit.

Discover the most effective trading strategies for Bitcoin and other cryptocurrencies:

  1. Trading the news
  2. Trading with technical analysis

Learn more

Weekly Economic Calendar

  1. July 10, 11:30 MT time – British Manufacturing Production
    • It’s an important indicator for the GBP.
  2. July 11, 17:00 MT time – Bank of Canada’s Meeting
    • Expect big swings in the CAD.
  3. July 16, 15:30 MT time – US Retail Sales
    • If you need a trade idea, this release will offer it.

Check the calendar

5 Techniques to find support and resistance levels on charts

The basics of technical analysis.

Experienced traders use support and resistance levels. In this article, we explain:

  • Why traders need these levels
  • How to draw them
  • What to take into account

Original Source: FBS Digest

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