clarkehimself

BREAKOUT SETUP FOR BTC

Long
clarkehimself Updated   
BITSTAMP:BTCUSD   Bitcoin
We can see the W formation at the bottom, setting us up for a strong move up.
Trade closed: target reached:
Two massive levels of resistance now on BTC, you can see them on the chart if you zoom out, we have a downtrend, and an uptrend (that we've been struggling to break ever since the head and shoulders drop from last week) not a good time to stay long, need to see a breakout, and back test of this major downtrend.

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