BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC is consolidating for about 3 months. The range break will show us the next move toward bear or bull targets. Also if you are not a range trader it's better to wait for a range break.
Current range and other most important levels are defined on the chart.

Bear targets:
  • 2980 (~3000)
  • 2500
  • 1900

Bull targets:
  • 4350 - 4550
  • 4700 ( LTF )
  • 5500
  • 6000 - 6150 (The god level on BTC planet)
Trade active:
Trying to break the Range High.. Unsuccessful retest would cause a dump and we would retest Range Low.
Comment: So the range broke and we got stopped on Monthly SR. Let's check the sings of the pump before break...

Breaking Range High on 4H clearly before the pump:


Breaking EMA on 1D was another sign:
cool thank you =D
+1 Reply
@ICEKI, My pleasure dude ;)
Reply
Good job sir .
+1 Reply
shayankm TopTradersGuide
@TopTradersGuide, Thank you my team
Reply
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