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Woolhead

BTCUSD breakout

Long
Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
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POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis Chart Patterns Technical Indicators breakout BTCUSD BTCUSDT btcusdforecast btcusdlong
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trendanalysis chartpattern indicator breakout btcusd btcusdt btcusdforecast btcusdlong
BTC broke resistance and is now retesting it as support. If it holds, it will go to the next resistance, which is target 1 and coincides at a fibonacci line. A slight pullback after that can be expected. If the bulls aren't tired yet, they can push through again to target 2.

If I made you money, please consider me buying a beer:

LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Commentaire:
EDIT: stoploss should be 15500, since it can also retrace to the fibonacci line. Keeping it just under that fibonacci line will ensure that your stoploss won't get triggered with a bullrun just after that.

You can adjust the stoploss to your own liking to ensure more (or less) wiggle-room.
Commentaire:
Wait for the candle to close below support. If it does: sell!
Ordre annulé:
Support broke, trade not safe anymore. Risk outweighs reward now.
Commentaire:
Small support at 14600 can be expected. Doubt it's going to hold though. 13.4 is stronger, but I think a test to 11.8k is inevitable.
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