ChrisThein
Long

BTC/USD Breakout 60 min Bullish

BITSTAMP:BTCUSD   Bitcoin / Dollar
I'm looking at a possible breakout in Bitcoin right now on the 60 min. I would get long now or wait for the breakout around 389.00. I'm keeping my stop tight just below 380.00 and my target is at 430.00. If you miss the breakout you can get in on a potential retest. Good luck trading out there.
Thanks for the "what" but I don't understand why you're posting this without the "why".
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ChrisThein chequeyoxbt
Price had a strong bounce off a Daily support zone around 355. Now Price is consolidating in a lazy flag formation. If price breaks threw the 390 level it has a long way to run to the upside. But if not, having a tight stop can limit your risk exposure. Thanks for your feedback.
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