BTCUSD Buy the breakout or Watch bottom for longe

Hi there,

BTCUSD is still in a bigger correction. We are expecting breakout.

Ho you can trade on this chart.

1. Watch for the breakout and buy.

OR

2. look for short term sell with in the pattern and let the price hit the bottom and then look for buy at the bottom.


In case price starts to fall sharply then it will change the buy setup on new low. Then we will watch price action at bottom before we start to buy BTCUSD again.

Price ranges are getting very tight on Bigger time frame . We are about to see breakout on BTCUSD for longer term.

Good Luck

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Comment:

Nice breakout. Watch for 15 minutes correction look for more upside.

Comment:

Please support the setup with your likes, comments and by following on TradingView thanks