The Bitcoin Breakout
Updated
Hi Traders,
Although i don't actively trade BTC.USD i have once again received a large number of messages asking for my insight on the next move.
I hope the brief analysis above gives a better indication of where i am looking at a break short term.
Currency Pair: BTC.USD
Time Frame: 1hr
Predicted Direction: Long
Live BTC.USD updates will be available in the comments section below.
Although i don't actively trade BTC.USD i have once again received a large number of messages asking for my insight on the next move.
I hope the brief analysis above gives a better indication of where i am looking at a break short term.
Currency Pair: BTC.USD
Time Frame: 1hr
Predicted Direction: Long
Live BTC.USD updates will be available in the comments section below.
Note
Note
A breakout has now occurred.Note
A textbook break and retest of consolidation.Note
A pullback to 16000 is possible prior to the next impulse towards 17500Note
Video Analysis Providing Additional Information.
Note
Today's video outlook on bitcoin after the breakout.
Note
Many have contacted me for a closer view of the H&S formation on the 1hr TF due to the screen being a little small.I have attached below.
Note
Live BTC.USD Setup.
Note
Trade Update Above:Price approaching take profit, trailing stop loss is now advised.
Note
Video Trade Update.
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