UltimateCryptoTrader

Trendline break

Education
BITSTAMP:BTCUSD   Bitcoin
How to trade bitcoin??

If you know the main trend - up or down it doesn't matter.

You see break strong bearish trendline. It is better to wait for confirmation, for confirmation you can use growing volume.

If is the main trend is running, then you can re-entry in correction.

Still same setup - wait for break, check the volume and buy.

This example is on 4H chart. For exact entry is better to use 5m chart and order book on exchange.

Feel free to ask if you have any question.

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