BTCUSD is about to break up buy it on breakout

Hi everyone,

BTCUSD is setting up for breakout. Watch for it to break up and look for buy on breakout. This might be a longer term rise on BTCUSD.

How you can trade on this chart.

1. Its very easy just watch for the strong breakout of the trend line and look for buy. If price dont continue after breakout and get back in the corrective ranges again then you can take off and can watch for the breakout and can buy the breakout again. As long as price remains in the corrective ranges look for breakout and look for buy.

Or

2. If price do not break up and extend the corrective ranges upto 886 of fib lines then look for buy there before the break up.

In case price do not break up and fall hard and breaks below the previous low then it will change the buy setup but we will remain bullish on bigger pictures. Any test of 6k or lower then this will be a longer term buy opportunity. For that check the bigger time frame setup under this idea please.

Good Luck

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