CryptoKraven

BTCUSD - waiting for breakout confirmation

BITFINEX:BTCUSD   Bitcoin
BTCUSD - waiting for breakout confirmation

MARKET STAGE:

BTCUSD formed a bearish Channel since 2 weeks

I have first signal for a breakout
I am waiting for confirmation

*Careful for bear trap

If i have the confirmation I am looking for, I will enter few trade in ALTS

BULLISH CONDITION:

- 4H candle closed above 6456, breakout confirmation

BEARISH CONDITION:

- 4H candle closed below 6391, back in the channel - false breakout

in this scenario, i will update my chart
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