Bitcoin - Be ready for resistance break

The bitcoin are consolidated in range 8300~8100. Keep already to make a entry when the price break the 8350 price, because is probabily a new rally to 8800 price. You can use stop tool to make a automatic buy when break the 8350. The stop loss for this operation is 8050.
If you not buyed bitcoin yet, do not buy before resistence break, is very dangerous because the price can fall.

Comment:

If you trust PRICE ACTION, you can buy bitcoin now with target in 8800 and stop 7850.
Because the price has created a hammer in 4H frame and now we have a candle confirming the hammer closing after the high of hammer.
The other option is wait the 8350 break.
Good trading!

Comment:

Sub-channel break. Lets back to main uptrend channel;