BTCUSD Buy the breakout

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi there.

BTCUSD flat setting up for breakout.

How you can trade on this chart.

1. Wait and Watch for the breakout and buy.

In case price breaks down we will remain bullish . Breakdown will not change the bigger image for upside.

Good Luck.

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Comment: This chart is for those critics. Those who dont know the price action and charts patterns. Hope this chart will help them to understand the BTCUSD chart.
Comment: Bearish wave is not surprised may be it is for some people.
+1 Reply
Did you buy the BREAKOUT?

+3 Reply
@xbng37, I think you are blind. Dont you see there is not breakout for upside.
What a close call.
bedarija calumon
@calumon, yep i totally bought the brakeout
ReallyMe bedarija
@bedarija, what he says is "wait and watch for the breakout and buy". That would be the case if Bitcoin rises up to $5.8k and beyond. Only then one should buy. Otherwise, wait for the next wave down to complete and buy at the bottom of the channel at $3.2k or so. That's what Wavetrader says
+2 Reply
Hi, long time no see. I want to get advice from many chartists.
This is my personal opinion, concluding summary of the things below.
Futures(CME, CBOE) Expiration Date, 50days Pattern, Comparison with 2014
Where do you think is the most likely position for BTC to rebound?

+1 Reply
This German professional from cmc, is expecting 2800$ as the next support... what do u think about that?
+1 Reply