BTCUSD analysis

BITSTAMP:BTCUSD   Bitcoin / Dollar
We see on the charts a of 1h a strong break of the price on that high level of the trendline with a high volume and a massive green candle , the price now is doing a correction and if it stays above the new support , the price of BTCUSD may continue to rise and reach new prices . But if it is a fake breakout the orice will continue to range between the levels of 55.000 and 59.000.