As you can see, in term support for today’s session sits at 329.23, while in term resistance sits at 340.05. These are the levels that define our range today.
If we get a break above in term resistance it will put us in a long entry towards an initial target of 345 flat. A stop loss somewhere around 338 will keep things attractive from a risk management perspective.
Looking the other way, a close below in term support will put us short towards 319.98, with a stop at 332 defining our risk.
Charts courtesy of Trading View
RT CoinfeedIO "#Bitcoin #Price Choppy; Volatility Abound? https://t.co/e1SpldPKx4"
— VinDell (@alvinbaradell) 2 Novembre 2015
