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BTCcoinsultant
Apr 29, 2015 3:55 PM

Bitcoin Price Action 

Bitcoin / DollarBitfinex

Description

I have $222 as my indicator for a potential breakdown and $228 set as a key area for a breakout into the $230's. Prices are fluctuating between these two areas and I have a 1.5% scalping range to get in and out of the markets "like a cold shower" until we break through this zone. Stop orders are set if prices move against me while I scalp this sideways action.
Comments
ChartArt
If everyone trades like this, we are going down to $1.
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