tradingalone
Long

BTC/USD Consolidation break-out Long

BITSTAMP:BTCUSD   Bitcoin / Dollar
74 0 1
BTC/USD: On the monthly charts, we are in a range. Price was rejected at the 437 level, this puts 295 back in view.

On the weekly we are ranging.

On the daily we are ranging, and price appears to have broken out of a triangular range on Friday.

A Tier 1 long to 437 region is possible. Trade management: take some off at 437 on reversals. If the 437 region breaks, look to add on consolidations.
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