sebastian.soik

BTCUSD - Breakout strategy

BITFINEX:BTCUSD   Bitcoin
It's currently hard to tell if BTC will go up or down. I still think that we will see a dip below 10k in the mid-term but until then everything can happen.

By combining som e trend lines I've set up a breakout strategy for both cases:

LONG ABOVE 15,750
TP1 20,000
TP2 25,000

SHORT BELOW 13,700
TP1 10,000
TP2 9,000
TP3 7,700

Let's see what happens, but if you were for fortunate to be a crypto investor, you have cause to celebrate like never before. Bitcoin rewarded you with a 1660%+ price appreciation, Ethereum gained a monster 10,200%+ while Litecoin turned in a 6,500%+ price increase.

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