Art_of_Trading

BITCOIN (BTC) Breakout Strategy

Short
BITFINEX:BTCUSD   Bitcoin
The BTC did not make much moves last few hours. There is a support level at 8325, and price respected that level few times. Last time it touched that level, it did not bounce back much and the price still close to that structure. This creates the good opportunity for breakout strategy traders. Wait for the strong breakout and then enter.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.