Bitcoin Broke Out From The Short Term Channel (What Now?)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin Broke Out From The Short Term Channel. It went down. So for the short term scalping you could sold that. If you are trading in the short term or scalping, the next minor support is our MA on the 4 hour chart (the orange line). If that doesn't hold i will suggest the next short term supports.
Comment: Previous post
Comment: If that orange line doesn't hold (20 MA on the 4h chart) we have the next minor supports at the red lines and the blue 50 MA line on the 2h chart. Around 8900-ish.
It didn't break out. It just didn't follow this particular trendline in the first place.
Companer sebastian.soik
@sebastian.soik, yes, that's what i meant. Sorry for choosing the wrong words.
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