TradingView
onemanatatime
Mar 31, 2014 8:25 PM

Small breakout ahead. If we get to 475 I'm looking to Short.  Short

Bitcoin / U.S. dollarBitstamp

Description

Looks like a small breakout ahead. Either a spike to 475 for a short entry, or a spike down to 425.

But I won't be taking a long from 425. Looking to accumulate long positions from $405, $360 or lower. If there's a pop downwards from $400, things may get messy, but my guess is that it'll also not last for very long.

If we get to ~475 from this triangle, I'll be looking for a short.

Thoughts?
Comments
astral
Wow, nice one.
LeeLikesCharts
Good job!
More