ShanghaiBTC

Scalping the new price channel after the second breakoout

Long
OKCOIN:BTCUSD   Bitcoin
Second breakout in 6 days reaches a new monthly high suggesting longer term uptrend that we've been looking for. Go long with a stop loss at the most recent low point. If price breaks 233, may drop back down to 229 and continue to consolidate around that level.
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