BTCUSD Best to trade after an MA50 (1d) break out.

BTCUSD seems to be attempting a Low at the bottom of the 5 month Channel Up in order to stage a rebound.
The price is stuck between the MA50 and MA100 (1d).
We haven't had a (1d) candle closing over the MA50 since May 6th.

Trading Plan:
1. Buy if the price closes a (1d) candle over the MA50 (1d).
2. Sell if it closes under Support (1).

Targets:
1. 31000 (Resistance 1).
2. 23850 (expected contact with the MA200 1d).

Tips:
1. The RSI (1d) is trading under a Falling Resistance and the action is getting too tight and narrow. This indicates that we are bound to get a strong break out soon, regardless of direction. Be prepared for both probabilities as per our trading plan.

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Notes:
Past trading plan: